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Direxion Daily S&P Biotech Bull 3X ETF
LABU

49 hedge funds and large institutions have $50.9M invested in Direxion Daily S&P Biotech Bull 3X ETF in 2022 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

153% more call options, than puts

Call options by funds: $45.3M | Put options by funds: $17.9M

50% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 8

20% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 15

17% more capital invested

Capital invested by funds: $43.4M → $50.9M (+$7.44M)

4% more funds holding

Funds holding: 47 → 49 (+2)

0.07% more ownership

Funds ownership: 0.16% → 0.23% (+0.07%)

Holders
49
Holders Change
+2
Holders Change %
+4.26%
% of All Funds
0.79%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
18
Increased
12
Reduced
8
Closed
15
Calls
$45.3M
Puts
$17.9M
Net Calls
+$27.4M
Net Calls Change
+$6.86M

Top Buyers

Rank Fund Capital Flow
1
Citadel Advisors
Citadel Advisors
Florida
+$11M
2
JF
Jump Financial
Illinois
+$8.28M
3
HF
HRT Financial
New York
+$6.13M
4
Jane Street
Jane Street
New York
+$4.96M
5
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$3.7M

Top Sellers

Rank Fund Capital Flow
1
Simplex Trading
Simplex Trading
Illinois
-$7.38M
2
FLAM
First Light Asset Management
Minnesota
-$6.01M
3
SW
SVB Wealth
Massachusetts
-$2.17M
4
AIP
Ahrens Investment Partners
Louisiana
-$2.03M
5
Belvedere Trading
Belvedere Trading
Illinois
-$687K
Name Holding Trade Value Shares
Change 		Change in
Stake
SIM
26
Seaview Investment Managers
Florida
$99.7K +$98.3K +705 New
XSC
27
X-Square Capital
Puerto Rico
$87K – – –
ICG
28
InterOcean Capital Group
Tennessee
$84.8K +$83.7K +600 New
SHFP
29
Second Half Financial Partners
Florida
$83.5K +$69.7K +500 New
Wolverine Trading
30
Wolverine Trading
Illinois
$74K -$434K -3,115 -86%
SWM
31
Spire Wealth Management
Virginia
$71K +$27.9K +200 +67%
CCP
32
Carmel Capital Partners
California
$70.7K +$69.7K +500 New
PVH
33
Psagot Value Holdings
Israel
$14K – – –
HI
34
Hoey Investments
Pennsylvania
$9.19K – – –
ASN
35
Advisory Services Network
Georgia
$5.66K +$5.58K +40 New
FWA
36
Freedom Wealth Alliance
Wisconsin
$5.64K +$5.58K +40 New
TRCT
37
Tower Research Capital (TRC)
New York
$5K -$422K -3,023 -99%
CPG
38
Cornerstone Planning Group
New Jersey
$4.47K +$4.18K +30 New
QC
39
Quent Capital
New York
$4.24K – – –
Bank of Montreal
40
Bank of Montreal
Ontario, Canada
$2.66K +$2.65K +19 New
FDCDDQ
41
Federation des caisses Desjardins du Quebec
Quebec, Canada
$2.12K – – –
US Bancorp
42
US Bancorp
Minnesota
$2.12K – – –
TWA
43
TCI Wealth Advisors
Arizona
$1.41K -$558 -4 -29%
Royal Bank of Canada
44
Royal Bank of Canada
Ontario, Canada
$1K – – –
MM
45
Main Management
California
$1K +$697 +5 New
William Blair & Company
46
William Blair & Company
Illinois
$707 +$697 +5 New
HS
47
Horan Securities
United States
$426 +$279 +2 +200%
AWM
48
Activest Wealth Management
Florida
$290 – – –
NA
49
NewEdge Advisors
Louisiana
$60 +$6.97K +50 New
Northwestern Mutual Wealth Management
50
Northwestern Mutual Wealth Management
Wisconsin
$7 – – –
1
2
3

LABU Hedge Fund Activity: Q4 2022 in Review

49 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P Biotech Bull 3X ETF (LABU) for Q4 2022, worth a combined $50.9M — up 17% from $43.4M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new LABU positions and 15 closed out — a net gain of 3 holders — while 12 added to existing stakes and 8 trimmed.

The largest buyer was Citadel Advisors, adding an estimated $11M. The largest seller was Simplex Trading, cutting an estimated $7.38M.

  • 49 institutional investors held Direxion Daily S&P Biotech Bull 3X ETF (LABU) as of Q4 2022, up from 47 in Q3 2022.
  • Funds reported $50.9M of Direxion Daily S&P Biotech Bull 3X ETF stock for Q4 2022, up 17% quarter-over-quarter.
  • 18 funds opened new Direxion Daily S&P Biotech Bull 3X ETF positions in Q4 2022 and 15 closed out, a net change of +3 holders.
  • The largest Direxion Daily S&P Biotech Bull 3X ETF buyer in Q4 2022 was Citadel Advisors, an estimated $11M added.
  • The largest Direxion Daily S&P Biotech Bull 3X ETF seller in Q4 2022 was Simplex Trading, an estimated $7.38M sold.

Based on aggregated 13F filings for Q4 2022.