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Direxion Daily Tech Bull 3X (TECL) Sells $146.3 Million More NVIDIA on Thursday

Via GuruFocus.com

Direxion Daily Tech Bull 3X (TECL) Sells $146.3 Million More NVIDIA on Thursday GuruFocus News Mon, November 2, 2026 at 6:04 AM EST 3 min read TECL -14.80% NVDA -4.22% AAPL -1.23% MSFT -1.55% AVGO -5.48% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

Direxion Daily Technology Bull 3X ETF (TECL) posted a net outflow of $950.0 million in Thursday's session, with $950.0 million sold and no purchases across its $5.95 billion in assets. TECL increased no positions and decreased 74, leaving its largest weights slightly trimmed.

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Its largest sells by dollar value were NVDA ($146.3 million), AAPL ($144.1 million) and MSFT ($111.4 million).

The biggest sale was NVIDIA (NVDA), where TECL cut 684,881 shares worth $146.3 million, taking its weight to 14.93%. Apple (AAPL) followed with 413,028 shares sold for $144.1 million, reducing its weight to 14.38%, while Microsoft (MSFT) shed 210,149 shares valued at $111.4 million for an 11.3% weight. Advanced Micro Devices (AMD) fell by 83,634 shares worth $47.4 million and Broadcom (AVGO) by 134,644 shares worth $46.5 million. No new positions were opened and no holdings were fully exited.

TECL is an alternative equity leveraged fund offering 3.0x exposure, holding 75 stocks with 64.6% of assets in its 10 largest holdings. All of its classified stocks sit in technology, and its market-cap mix is 100.0% large cap. Its top holdings are NVIDIA at 14.99%, Apple at 14.76%, Microsoft at 11.41%, Advanced Micro Devices at 4.85% and Broadcom at 4.76%. The fund has a GF Score of 90, a P/E of 32.04, a P/B of 10.76, a dividend yield of 0.48% and a year-to-date return of 47.76%.

NVDA (14.99%), AAPL (14.76%), MSFT (11.41%), AMD (4.85%), AVGO (4.76%)

Holdings, performance and fees for TECL are on its fund summary page; the ETF Screener lines it up against its peers. Its biggest sell this time, NVDA, has its own GF Value page and stock summary.

Watch whether TECL keeps trimming its top holdings, led by NVIDIA at 14.93% and Apple at 14.38%, in the next holdings update. Any reversal to buying would signal a shift after this sell-only session.

Based on holdings changes reported by Direxion Daily Technology Bull 3X ETF (TECL) for Oct. 29, 2026, US-listed stocks only.

ETFs Are Net Sellers of NVIDIA (NASDAQ:NVDA) on Oct. 29

ETFs Are Net Sellers of Apple (NASDAQ:AAPL) on Oct. 29

ETFs Are Net Sellers of Microsoft (NASDAQ:MSFT) on Thursday

ETFs Are Net Sellers of Advanced Micro Devices (NASDAQ:AMD) on Oct. 29

ETFs Are Net Sellers of Broadcom (NASDAQ:AVGO) on Thursday

Read original at Yahoo Finance News

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