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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
FLAM
51
First Light Asset Management
Minnesota
– -$6.01M -42,891 Closed
Belvedere Trading
52
Belvedere Trading
Illinois
– -$687K -4,879 Closed
RCM
53
Requisite Capital Management
Texas
– -$526K -3,750 Closed
CIBC Private Wealth Group
54
CIBC Private Wealth Group
Georgia
– -$280K -2,000 Closed
RC
55
RBF Capital
California
– -$280K -2,000 Closed
PCA
56
Pallas Capital Advisors
Massachusetts
– -$215K -1,531 Closed
TSS
57
Two Sigma Securities
New York
– -$212K -1,509 Closed
Bank of New York Mellon
58
Bank of New York Mellon
New York
– -$210K -1,500 Closed
CAPTRUST Financial Advisors
59
CAPTRUST Financial Advisors
North Carolina
– -$176K -1,256 Closed
Qube Research & Technologies (QRT)
60
Qube Research & Technologies (QRT)
United Kingdom
– -$150K -1,068 Closed
DAS
61
Dynamic Advisor Solutions
Arizona
– -$86K -617 Closed
PWP
62
Pursue Wealth Partners
California
– -$74K -525 Closed
CG
63
Caprock Group
Idaho
– -$70K -500 Closed
Osaic Holdings
64
Osaic Holdings
Arizona
– -$12K -85 Closed
AA
65
AlphaMark Advisors
Kentucky
– -$2K -15 Closed
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.