Direxion Daily Semiconductor Bull 3X ETF
SOXL
36 hedge funds and large institutions have $60.9M invested in Direxion Daily Semiconductor Bull 3X ETF in 2020 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 6 increasing their positions, 14 reducing their positions, and 14 closing their positions.
43% more call options, than puts
Call options by funds: $281M | Put options by funds: $196M
8% less funds holding
Funds holding: 39 → 36 (-3)
21% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 14
42% less capital invested
Capital invested by funds: $105M → $60.9M (-$44M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
50.12% less ownership
Funds ownership: 107.86% → 57.74% (-50%)
57% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.23M |
| 2 |
XSC
X-Square Capital
Guaynabo,
Puerto Rico
|
+$849K |
| 3 |
JP Morgan Chase
New York
|
+$279K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$231K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$195K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$32.6M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$18.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$11.7M |
| 4 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
-$2.35M |
| 5 |
CG
Cutler Group
San Francisco,
California
|
-$2.2M |
SOXL Hedge Fund Activity: Q3 2020 in Review
36 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Semiconductor Bull 3X ETF (SOXL) for Q3 2020, worth a combined $60.9M — down 42% from $105M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of SOXL and 11 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 6 added.
The largest buyer was Jane Street, adding an estimated $2.23M. The largest seller was Tower Research Capital (TRC), cutting an estimated $32.6M.
- 36 institutional investors held Direxion Daily Semiconductor Bull 3X ETF (SOXL) as of Q3 2020, down from 39 in Q2 2020.
- Funds reported $60.9M of Direxion Daily Semiconductor Bull 3X ETF stock for Q3 2020, down 42% quarter-over-quarter.
- 11 funds opened new Direxion Daily Semiconductor Bull 3X ETF positions in Q3 2020 and 14 closed out, a net change of -3 holders.
- The largest Direxion Daily Semiconductor Bull 3X ETF buyer in Q3 2020 was Jane Street, an estimated $2.23M added.
- The largest Direxion Daily Semiconductor Bull 3X ETF seller in Q3 2020 was Tower Research Capital (TRC), an estimated $32.6M sold.
Based on aggregated 13F filings for Q3 2020.