Direxion Daily Technology Bull 3x ETF
TECL
76 hedge funds and large institutions have $120M invested in Direxion Daily Technology Bull 3x ETF in 2024 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 14 increasing their positions, 20 reducing their positions, and 7 closing their positions.
271% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 7
73% more capital invested
Capital invested by funds: $69.5M → $120M (+$50.9M)
31% more funds holding
Funds holding: 58 → 76 (+18)
21% more call options, than puts
Call options by funds: $585M | Put options by funds: $486M
1.25% more ownership
Funds ownership: 2.09% → 3.33% (+1.2%)
30% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$16.1M |
| 2 |
Morgan Stanley
New York
|
+$4.37M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$3.86M |
| 4 |
GS
GTS Securities
New York
|
+$3.45M |
| 5 |
Squarepoint
New York
|
+$3.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$7.48M |
| 2 |
HF
HRT Financial
New York
|
-$5.06M |
| 3 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$1.58M |
| 4 |
COCM
Charter Oak Capital Management
Portsmouth,
New Hampshire
|
-$635K |
| 5 |
TAM
Tucker Asset Management
Littleton,
Colorado
|
-$547K |
TECL Hedge Fund Activity: Q2 2024 in Review
76 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q2 2024, worth a combined $120M — up 73% from $69.5M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new TECL positions and 7 closed out — a net gain of 19 holders — while 14 added to existing stakes and 20 trimmed.
The largest buyer was Jane Street, adding an estimated $16.1M. The largest seller was Citadel Advisors, cutting an estimated $7.48M.
- 76 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q2 2024, up from 58 in Q1 2024.
- Funds reported $120M of Direxion Daily Technology Bull 3x ETF stock for Q2 2024, up 73% quarter-over-quarter.
- 26 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q2 2024 and 7 closed out, a net change of +19 holders.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q2 2024 was Jane Street, an estimated $16.1M added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q2 2024 was Citadel Advisors, an estimated $7.48M sold.
Based on aggregated 13F filings for Q2 2024.