Direxion Daily Technology Bull 3x ETF
TECL
53 hedge funds and large institutions have $49.7M invested in Direxion Daily Technology Bull 3x ETF in 2023 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 11 increasing their positions, 17 reducing their positions, and 12 closing their positions.
51% more capital invested
Capital invested by funds: $32.9M → $49.7M (+$16.8M)
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
13% more call options, than puts
Call options by funds: $237M | Put options by funds: $210M
10% more funds holding
Funds holding: 48 → 53 (+5)
0.1% more ownership
Funds ownership: 1.77% → 1.87% (+0.1%)
35% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$1.41M |
| 2 |
EWA
EP Wealth Advisors
Torrance,
California
|
+$1.12M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$1.11M |
| 4 |
Jane Street
New York
|
+$518K |
| 5 |
Morgan Stanley
New York
|
+$510K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.36M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.52M |
| 3 |
PA
Paragon Advisors
College Station,
Texas
|
-$592K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$489K |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
-$477K |
TECL Hedge Fund Activity: Q2 2023 in Review
53 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q2 2023, worth a combined $49.7M — up 51% from $32.9M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new TECL positions and 12 closed out — a net gain of 5 holders — while 11 added to existing stakes and 17 trimmed.
The largest buyer was HRT Financial, opening a new position worth an estimated $1.41M. The largest seller was Susquehanna International Group, cutting an estimated $2.36M.
- 53 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q2 2023, up from 48 in Q1 2023.
- Funds reported $49.7M of Direxion Daily Technology Bull 3x ETF stock for Q2 2023, up 51% quarter-over-quarter.
- 17 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q2 2023 and 12 closed out, a net change of +5 holders.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q2 2023 was HRT Financial, an estimated $1.41M added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q2 2023 was Susquehanna International Group, an estimated $2.36M sold.
Based on aggregated 13F filings for Q2 2023.