Direxion Daily S&P 500 Bull 2X ETF
SPUU
4 hedge funds and large institutions have $1.75M invested in Direxion Daily S&P 500 Bull 2X ETF in 2020 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
6.43% less ownership
Funds ownership: 14.82% → 8.4% (-6.4%)
20% less funds holding
Funds holding: 5 → 4 (-1)
30% less capital invested
Capital invested by funds: $2.51M → $1.75M (-$751K)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$536K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$7.34K |
| 3 |
EW
Element Wealth
Ridgeland,
Mississippi
|
+$2.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.42M |
| 2 |
TC
TAP Consulting
Kirkwood,
Missouri
|
-$221K |
| 3 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
-$52.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAN
1
Claraphi Advisory Network
Aliso Viejo,
United States
| $918K | -$52.9K | -1,059 | -6% |
|
|
TRCT
2
Tower Research Capital (TRC)
New York
| $664K | +$536K | +10,736 | +805% |
|
|
3
UBS Group
Zurich,
Switzerland
| $170K | +$7.34K | +147 | +5% |
|
|
EW
4
Element Wealth
Ridgeland,
Mississippi
| $3K | +$2.5K | +50 | New |
|
|
5
Jane Street
New York
| – | -$1.42M | -36,085 | Closed |
|
|
TC
6
TAP Consulting
Kirkwood,
Missouri
| – | -$221K | -5,619 | Closed |
|
SPUU Hedge Fund Activity: Q2 2020 in Review
4 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 2X ETF (SPUU) for Q2 2020, worth a combined $1.75M — down 30% from $2.51M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of SPUU and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 2 added.
The largest buyer was Tower Research Capital (TRC), adding an estimated $536K. The largest seller was Jane Street, exiting entirely with an estimated $1.42M sold.
- 4 institutional investors held Direxion Daily S&P 500 Bull 2X ETF (SPUU) as of Q2 2020, down from 5 in Q1 2020.
- Funds reported $1.75M of Direxion Daily S&P 500 Bull 2X ETF stock for Q2 2020, down 30% quarter-over-quarter.
- 1 fund opened new Direxion Daily S&P 500 Bull 2X ETF positions in Q2 2020 and 2 closed out, a net change of -1 holder.
- The largest Direxion Daily S&P 500 Bull 2X ETF buyer in Q2 2020 was Tower Research Capital (TRC), an estimated $536K added.
- The largest Direxion Daily S&P 500 Bull 2X ETF seller in Q2 2020 was Jane Street, an estimated $1.42M sold.
Based on aggregated 13F filings for Q2 2020.