Direxion Daily S&P 500 Bull 2X ETF
SPUU
18 hedge funds and large institutions have $118M invested in Direxion Daily S&P 500 Bull 2X ETF in 2023 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 1 closing their positions.
1,363% more capital invested
Capital invested by funds: $8.09M → $118M (+$110M)
800% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 1
80% more funds holding
Funds holding: 10 → 18 (+8)
44.08% more ownership
Funds ownership: 18.08% → 62.16% (+44%)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$26.7M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$26.7M |
| 3 |
Goldman Sachs
New York
|
+$26.7M |
| 4 |
JP Morgan Chase
New York
|
+$26.7M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$342K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$1.26M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.07M |
| 3 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$737K |
| 4 |
IMC Chicago
Chicago,
Illinois
|
-$545K |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$76.4K |
SPUU Hedge Fund Activity: Q1 2023 in Review
18 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 2X ETF (SPUU) for Q1 2023, worth a combined $118M — up 1,363% from $8.09M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SPUU positions and 1 closed out — a net gain of 8 holders — while 3 added to existing stakes and 5 trimmed.
The largest buyer was Citigroup, opening a new position worth an estimated $26.7M. The largest seller was HRT Financial, exiting entirely with an estimated $1.26M sold.
- 18 institutional investors held Direxion Daily S&P 500 Bull 2X ETF (SPUU) as of Q1 2023, up from 10 in Q4 2022.
- Funds reported $118M of Direxion Daily S&P 500 Bull 2X ETF stock for Q1 2023, up 1,363% quarter-over-quarter.
- 9 funds opened new Direxion Daily S&P 500 Bull 2X ETF positions in Q1 2023 and 1 closed out, a net change of +8 holders.
- The largest Direxion Daily S&P 500 Bull 2X ETF buyer in Q1 2023 was Citigroup, an estimated $26.7M added.
- The largest Direxion Daily S&P 500 Bull 2X ETF seller in Q1 2023 was HRT Financial, an estimated $1.26M sold.
Based on aggregated 13F filings for Q1 2023.