Direxion Daily Technology Bull 3x ETF
TECL
34 hedge funds and large institutions have $55.1M invested in Direxion Daily Technology Bull 3x ETF in 2019 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 13 reducing their positions, and 6 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
39% more capital invested
Capital invested by funds: $39.6M → $55.1M (+$15.5M)
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
7% more call options, than puts
Call options by funds: $80.5M | Put options by funds: $75.5M
0% more funds holding
Funds holding: 34 → 34 (0)
1.18% less ownership
Funds ownership: 52.94% → 51.76% (-1.2%)
54% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$6.49M |
| 2 |
SCA
Stuart Chaussee & Associates
Palos Verdes Estates,
California
|
+$1.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.1M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$470K |
| 5 |
CG
Cutler Group
San Francisco,
California
|
+$141K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.89M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2.25M |
| 3 |
VF
Virtu Financial
New York
|
-$2.1M |
| 4 |
Jane Street
New York
|
-$1.13M |
| 5 |
HIS
Harvest Investment Services
Oakbrook Terrace,
Illinois
|
-$1.1M |
TECL Hedge Fund Activity: Q4 2019 in Review
34 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q4 2019, worth a combined $55.1M — up 39% from $39.6M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new TECL positions and 6 closed out — a net gain of 2 holders — while 6 added to existing stakes and 13 trimmed.
The largest buyer was HRT Financial, opening a new position worth an estimated $6.49M. The largest seller was Susquehanna International Group, cutting an estimated $3.89M.
- 34 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q4 2019, unchanged from Q3 2019.
- Funds reported $55.1M of Direxion Daily Technology Bull 3x ETF stock for Q4 2019, up 39% quarter-over-quarter.
- 8 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q4 2019 and 6 closed out, a net change of +2 holders.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q4 2019 was HRT Financial, an estimated $6.49M added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q4 2019 was Susquehanna International Group, an estimated $3.89M sold.
Based on aggregated 13F filings for Q4 2019.