This article first appeared on GuruFocus.
Direxion Daily Technology Bull 3X ETF (TECL) trimmed every one of its positions on Monday, with no increases and no new buys. The fund’s ETF activity totaled $792.4 million sold, a net outflow of $792.4 million against $4.54 billion in assets, as all 75 holdings were decreased.
What did TECL sell on Monday?
Its largest sells by dollar value were AAPL ($122.9 million), NVDA ($121.7 million) and MSFT ($93.7 million).
Apple (AAPL) led the sells at $122.9 million, a reduction of 363,279 shares, leaving a 15.33% weight. Nvidia (NVDA) followed at $121.7 million on a 602,388-share cut, and Microsoft (MSFT) at $93.7 million after 184,838 shares were removed. Broadcom (AVGO) shed $38.2 million and Advanced Micro Devices (AMD) $34.3 million. None of the sales were new positions or full exits.
How does TECL invest?
TECL is an alternative equity leveraged fund with 3.0x leverage, holding 75 stocks, all large-cap and all classified in technology. Its top 10 holdings make up 64.7% of assets, led by Apple at 15.51%, Nvidia at 15.36%, Microsoft at 11.83%, Broadcom at 4.82% and Advanced Micro Devices at 4.33%. It has a GF Score of 90, a P/E of 32.04, a P/B of 10.76, a dividend yield of 0.51% and a year-to-date return of 39.94%.
Direxion Daily Technology Bull 3X ETF (TECL) at a glance
Holdings, performance and fees for TECL are on its fund summary page; the ETF Screener lines it up against its peers. For the stock behind its biggest sell, see AAPL’s GF Value page and trade guru.
What should investors watch next for TECL?
With every position trimmed and no buys, watch whether the next update shows further broad reductions or any rebuilding of the largest technology stakes.
Based on holdings changes reported by Direxion Daily Technology Bull 3X ETF (TECL) for Nov. 2, 2026, US-listed stocks only.
Source: finance.yahoo.com
