Direxion Daily Technology Bull 3x ETF
TECL
48 hedge funds and large institutions have $32.9M invested in Direxion Daily Technology Bull 3x ETF in 2023 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 12 closing their positions.
2% more funds holding
Funds holding: 47 → 48 (+1)
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
6% more call options, than puts
Call options by funds: $163M | Put options by funds: $155M
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
1.44% less ownership
Funds ownership: 3.21% → 1.77% (-1.4%)
20% less capital invested
Capital invested by funds: $40.9M → $32.9M (-$8.01M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.83M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.46M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$769K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$380K |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
+$334K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Squarepoint
New York
|
-$16.9M |
| 2 |
PA
Paragon Advisors
College Station,
Texas
|
-$6.55M |
| 3 |
VF
Virtu Financial
New York
|
-$1.69M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$1.46M |
| 5 |
Jane Street
New York
|
-$838K |
TECL Hedge Fund Activity: Q1 2023 in Review
48 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q1 2023, worth a combined $32.9M — down 20% from $40.9M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new TECL positions and 12 closed out — a net gain of 1 holder — while 13 added to existing stakes and 14 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $2.83M. The largest seller was Squarepoint, exiting entirely with an estimated $16.9M sold.
- 48 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q1 2023, up from 47 in Q4 2022.
- Funds reported $32.9M of Direxion Daily Technology Bull 3x ETF stock for Q1 2023, down 20% quarter-over-quarter.
- 13 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q1 2023 and 12 closed out, a net change of +1 holder.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q1 2023 was Susquehanna International Group, an estimated $2.83M added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q1 2023 was Squarepoint, an estimated $16.9M sold.
Based on aggregated 13F filings for Q1 2023.