Direxion Daily S&P 500 Bull 2X ETF
SPUU
23 hedge funds and large institutions have $143M invested in Direxion Daily S&P 500 Bull 2X ETF in 2023 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 5 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
44% more funds holding
Funds holding: 16 → 23 (+7)
17.73% more ownership
Funds ownership: 41.66% → 59.4% (+18%)
10% more capital invested
Capital invested by funds: $130M → $143M (+$13M)
86% less call options, than puts
Call options by funds: $38K | Put options by funds: $268K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
Adams Wealth Management
Logan,
Utah
|
+$17.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$3.79M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.56M |
| 4 |
VF
Virtu Financial
New York
|
+$415K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$414K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$29.7M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
-$3.61M |
| 3 |
BW
Bison Wealth
Atlanta,
Georgia
|
-$1.73M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$96.9K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$73.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BW
26
Bison Wealth
Atlanta,
Georgia
| – | -$1.73M | -20,452 | Closed |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| – | -$73.8K | -871 | Closed |
|
28
Simplex Trading
Chicago,
Illinois
| – | -$18K | -219 | Closed |
|
SPUU Hedge Fund Activity: Q4 2023 in Review
23 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 2X ETF (SPUU) for Q4 2023, worth a combined $143M — up 10% from $130M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SPUU positions and 5 closed out — a net gain of 7 holders — while 4 added to existing stakes and 1 trimmed.
The largest buyer was Adams Wealth Management, adding an estimated $17.8M. The largest seller was Citigroup, exiting entirely with an estimated $29.7M sold.
- 23 institutional investors held Direxion Daily S&P 500 Bull 2X ETF (SPUU) as of Q4 2023, up from 16 in Q3 2023.
- Funds reported $143M of Direxion Daily S&P 500 Bull 2X ETF stock for Q4 2023, up 10% quarter-over-quarter.
- 12 funds opened new Direxion Daily S&P 500 Bull 2X ETF positions in Q4 2023 and 5 closed out, a net change of +7 holders.
- The largest Direxion Daily S&P 500 Bull 2X ETF buyer in Q4 2023 was Adams Wealth Management, an estimated $17.8M added.
- The largest Direxion Daily S&P 500 Bull 2X ETF seller in Q4 2023 was Citigroup, an estimated $29.7M sold.
Based on aggregated 13F filings for Q4 2023.