Direxion Daily Semiconductor Bear 3X ETF
SOXS
38 hedge funds and large institutions have $43.8M invested in Direxion Daily Semiconductor Bear 3X ETF in 2025 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 11 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
64% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 11
47% more call options, than puts
Call options by funds: $66.2M | Put options by funds: $44.9M
23% more funds holding
Funds holding: 31 → 38 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.15% less ownership
Funds ownership: 0.17% → 0.02% (-0.15%)
78% less capital invested
Capital invested by funds: $197M → $43.8M (-$154M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$16M |
| 2 |
Simplex Trading
Chicago,
Illinois
|
+$8.54M |
| 3 |
JP Morgan Chase
New York
|
+$4.62M |
| 4 |
Optiver Holding
Amsterdam,
Netherlands
|
+$2.52M |
| 5 |
Group One Trading
Chicago,
Illinois
|
+$2.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$49.3M |
| 2 |
Jane Street
New York
|
-$19.1M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$14.6M |
| 4 |
VF
Virtu Financial
New York
|
-$6.22M |
| 5 |
JF
Jump Financial
Chicago,
Illinois
|
-$5.57M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TAM
51
Tucker Asset Management
Littleton,
Colorado
| – | -$17.3K | -3 | Closed |
|
|
OP
52
ORG Partners
Roanoke,
Indiana
| – | -$9.41K | -2 | Closed |
|
53
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$232 | – | – |
|
SOXS Hedge Fund Activity: Q2 2025 in Review
38 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Semiconductor Bear 3X ETF (SOXS) for Q2 2025, worth a combined $43.8M — down 78% from $197M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new SOXS positions and 11 closed out — a net gain of 7 holders — while 12 added to existing stakes and 7 trimmed.
The largest buyer was IHT Wealth Management, opening a new position worth an estimated $16M. The largest seller was BNP Paribas Financial Markets, exiting entirely with an estimated $49.3M sold.
- 38 institutional investors held Direxion Daily Semiconductor Bear 3X ETF (SOXS) as of Q2 2025, up from 31 in Q1 2025.
- Funds reported $43.8M of Direxion Daily Semiconductor Bear 3X ETF stock for Q2 2025, down 78% quarter-over-quarter.
- 18 funds opened new Direxion Daily Semiconductor Bear 3X ETF positions in Q2 2025 and 11 closed out, a net change of +7 holders.
- The largest Direxion Daily Semiconductor Bear 3X ETF buyer in Q2 2025 was IHT Wealth Management, an estimated $16M added.
- The largest Direxion Daily Semiconductor Bear 3X ETF seller in Q2 2025 was BNP Paribas Financial Markets, an estimated $49.3M sold.
Based on aggregated 13F filings for Q2 2025.