Direxion Daily S&P 500 Bull 2X ETF
SPUU
17 hedge funds and large institutions have $141M invested in Direxion Daily S&P 500 Bull 2X ETF in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 4 closing their positions.
154% more call options, than puts
Call options by funds: $236K | Put options by funds: $93K
19% more capital invested
Capital invested by funds: $118M → $141M (+$22.6M)
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
6% less funds holding
Funds holding: 18 → 17 (-1)
11.91% less ownership
Funds ownership: 62.16% → 50.25% (-12%)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIM
Bullseye Investment Management
Cincinnati,
Ohio
|
+$6.49M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
+$85K |
| 3 |
EWA
Exencial Wealth Advisors
Oklahoma City,
Oklahoma
|
+$47K |
| 4 |
IC
Inscription Capital
Houston,
Texas
|
+$4.92K |
| 5 |
GRP
Global Retirement Partners
San Rafael,
California
|
+$2.09K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$951K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$482K |
| 3 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$427K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$303K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$241K |
SPUU Hedge Fund Activity: Q2 2023 in Review
17 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 2X ETF (SPUU) for Q2 2023, worth a combined $141M — up 19% from $118M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of SPUU and 3 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 5 added.
The largest buyer was Bullseye Investment Management, opening a new position worth an estimated $6.49M. The largest seller was Virtu Financial, cutting an estimated $951K.
- 17 institutional investors held Direxion Daily S&P 500 Bull 2X ETF (SPUU) as of Q2 2023, down from 18 in Q1 2023.
- Funds reported $141M of Direxion Daily S&P 500 Bull 2X ETF stock for Q2 2023, up 19% quarter-over-quarter.
- 3 funds opened new Direxion Daily S&P 500 Bull 2X ETF positions in Q2 2023 and 4 closed out, a net change of -1 holder.
- The largest Direxion Daily S&P 500 Bull 2X ETF buyer in Q2 2023 was Bullseye Investment Management, an estimated $6.49M added.
- The largest Direxion Daily S&P 500 Bull 2X ETF seller in Q2 2023 was Virtu Financial, an estimated $951K sold.
Based on aggregated 13F filings for Q2 2023.