Direxion Daily Semiconductor Bull 3X ETF
SOXL
108 hedge funds and large institutions have $344M invested in Direxion Daily Semiconductor Bull 3X ETF in 2024 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 24 increasing their positions, 37 reducing their positions, and 21 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
77% more capital invested
Capital invested by funds: $194M → $344M (+$150M)
62% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 21
40% more call options, than puts
Call options by funds: $664M | Put options by funds: $475M
11% more funds holding
Funds holding: 97 → 108 (+11)
0.71% more ownership
Funds ownership: 2.31% → 3.02% (+0.71%)
35% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
CloudAlpha Capital Management
Hong Kong
|
+$35.6M |
| 2 |
Simplex Trading
Chicago,
Illinois
|
+$34M |
| 3 |
WAM
WT Asset Management
Hong Kong
|
+$11.7M |
| 4 |
GAA
Global Assets Advisory
Orlando,
Florida
|
+$11.3M |
| 5 |
WWM
Westwood Wealth Management
Los Angeles,
California
|
+$8.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$42.6M |
| 2 |
Goldman Sachs
New York
|
-$8.66M |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
-$6.56M |
| 4 |
VF
Virtu Financial
New York
|
-$2.46M |
| 5 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
-$2.1M |
SOXL Hedge Fund Activity: Q1 2024 in Review
108 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Semiconductor Bull 3X ETF (SOXL) for Q1 2024, worth a combined $344M — up 77% from $194M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new SOXL positions and 21 closed out — a net gain of 13 holders — while 24 added to existing stakes and 37 trimmed.
The largest buyer was CloudAlpha Capital Management, opening a new position worth an estimated $35.6M. The largest seller was Jane Street, cutting an estimated $42.6M.
- 108 institutional investors held Direxion Daily Semiconductor Bull 3X ETF (SOXL) as of Q1 2024, up from 97 in Q4 2023.
- Funds reported $344M of Direxion Daily Semiconductor Bull 3X ETF stock for Q1 2024, up 77% quarter-over-quarter.
- 34 funds opened new Direxion Daily Semiconductor Bull 3X ETF positions in Q1 2024 and 21 closed out, a net change of +13 holders.
- The largest Direxion Daily Semiconductor Bull 3X ETF buyer in Q1 2024 was CloudAlpha Capital Management, an estimated $35.6M added.
- The largest Direxion Daily Semiconductor Bull 3X ETF seller in Q1 2024 was Jane Street, an estimated $42.6M sold.
Based on aggregated 13F filings for Q1 2024.