Stock Analysis
Data Source: SEC EDGAR 13F
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Direxion Shares ETF Trust (TECL)

92 + Investors. Track Smart Money conviction in TECL. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +18
Streak
1Q ▲
Buyers last Q
50%

Smart Money Signals — TECL

Based on 97 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added TECL than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
97 hedge funds hold TECL right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +20% more funds vs a year ago

fund count last 6Q
+16 new funds entered over the past year (+20% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 50% buying

50 buying50 selling
Last quarter: 50 funds bought or added vs 50 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+21 vs last Q)

new funds entering per quarter
Funds opening a new TECL position: 21 → 17 → 14 → 35. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

40% of holders stayed for 2+ years

40% conviction (2yr+) 28% medium 32% new
39 out of 97 hedge funds have held TECL for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Value +154% but shares only +11% — price-driven

Value
+153%
Shares
+11%
Last quarter: the total dollar value of institutional holdings rose +154%, but actual share count only changed +11%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
📈

Growing discovery — still being found

26 → 21 → 17 → 14 → 35 new funds/Q
New funds entering each quarter: 21 → 17 → 14 → 35. A growing number of institutions are discovering TECL each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 46% veterans vs 37% newcomers

46% veterans 18% 1-2yr 37% new
Entry-cohort mix of 101 holders: 46 (46%) are 2+ year veterans, 18 entered 1–2 years ago, and 37 (37%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 19% AUM from top-100

19% from top-100 AUM funds
13 of 93 holders rank in the top 100 by AUM, but together hold only 19% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — TECL

In 2026 Q2, 50 hedge funds were net buyers of TECL (35 opened a new position, 15 added to an existing one), while 50 reduced or exited (33 trimmed, 17 sold completely) — a 50% buyer ratio, indicating a slight buying edge. Net fund flow last quarter: +18 funds (more new holders than closures). Total institutional holders: 97.

Hedge Fund Ownership: TECL

How many hedge funds hold TECL — quarterly history vs. share price
Quarterly hedge fund ownership of TECL vs. share price

Market Analysis: TECL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TECL

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

3 top-rated funds 1 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
1.5
/ 10
conviction
Hedge Fund Positioning: TECL
92 + Investors

Track Smart Money conviction in TECL. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 92 79 16.46%
13F Shares 4M 4M 11.25%
Total Value $873M $344M 153.67%
New Positions 34 14 +20
Increased Positions 13 24 -11
Closed Positions 17 23 -6
Reduced Positions 31 21 +10
Total Calls 3 3 -
Total Puts 5 4 25.0%
PUT/CALL Ratio 1.67 1.33 Bearish

Statistics: TECL

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Institutional Holders (2026 Q2)

92 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in TECL. Verified SEC 13F-HR filings.

QUARTER:
Top 25 TECL holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Blue Sky Capital Consultants Group, Inc. 1.19% 12,028 $2.8M
2 Donalies Financial Planning, LLC 1.06% 6,240 $1.4M
3 CPR Investments Inc. 0.99% 5,585 $1.3M
4 Osbon Capital Management LLC 0.94% 5,174 $1.2M
5 Grandview Asset Management LLC 0.86% 15,000 $3.5M
6 SBI Securities Co., Ltd. 0.83% 157,773 $36.4M
7 Traynor Capital Management, Inc. 0.79% 74,282 $17.1M
8 Sage Capital Management, LLC 0.60% 6,710 $1.5M
9 Plotkin Financial Advisors, LLC 0.50% 5,180 $1.2M
10 J. M. Brown & Associates Inc. 0.43% 3,271 $755K
11 APS Management Group, Inc. 0.43% 2,412 $557K
12 TRUE Private Wealth Advisors 0.42% 21,077 $4.9M
13 Millington Financial Advisors, LLC 0.31% 4,385 $779K
14 Stratos Wealth Advisors, LLC 0.29% 23,229 $5.4M
15 Retirement Planning Co of New England, Inc. 0.29% 3,518 $812K
16 Trinity Legacy Partners, LLC 0.25% 6,900 $1.3M
17 Socha Financial Group, LLC 0.25% 2,661 $614K
18 Lwm Advisors Inc 0.19% 1,100 $254K
19 Crescent Grove Advisors, LLC 0.15% 7,923 $1.8M
20 Main Street Group, LTD 0.14% 2,608 $602K
21 Kelly Financial Services LLC 0.12% 2,460 $568K
22 360 Financial, Inc. 0.12% 1,987 $459K
23 Westmount Partners, LLC 0.11% 2,202 $508K
24 West Michigan Advisors, LLC 0.10% 5,000 $433K
25 Leeward Financial Partners, LLC 0.08% 1,300 $300K
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Direxion Shares ETF Trust (TECL)

What does the Smart Money Trend signal show for TECL?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added TECL than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for TECL?

Slight buying edge — 50% buying: Last quarter: 50 funds bought or added vs 50 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for TECL holders?

Smaller funds dominant — 19% AUM from top-100: 13 of 93 holders rank in the top 100 by AUM, but together hold only 19% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held TECL?

40% of holders stayed for 2+ years: 39 out of 97 hedge funds have held TECL for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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