Direxion Daily S&P 500 Bull 2X ETF
SPUU
16 hedge funds and large institutions have $83.9M invested in Direxion Daily S&P 500 Bull 2X ETF in 2024 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 9 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
12.58% more ownership
Funds ownership: 52.44% → 65.02% (+13%)
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
11% less funds holding
Funds holding: 18 → 16 (-2)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
33% less capital invested
Capital invested by funds: $125M → $83.9M (-$40.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$5.77M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.41M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$835K |
| 4 |
Jane Street
New York
|
+$288K |
| 5 |
TC
TownSquare Capital
Provo,
Utah
|
+$197K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$43.2M |
| 2 |
JP Morgan Chase
New York
|
-$43.2M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.1M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$547K |
| 5 |
AWM
Adams Wealth Management
Logan,
Utah
|
-$272K |
SPUU Hedge Fund Activity: Q2 2024 in Review
16 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 2X ETF (SPUU) for Q2 2024, worth a combined $83.9M — down 33% from $125M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SPUU and 8 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 2 added.
The largest buyer was IMC Chicago, opening a new position worth an estimated $5.77M. The largest seller was Goldman Sachs, exiting entirely with an estimated $43.2M sold.
- 16 institutional investors held Direxion Daily S&P 500 Bull 2X ETF (SPUU) as of Q2 2024, down from 18 in Q1 2024.
- Funds reported $83.9M of Direxion Daily S&P 500 Bull 2X ETF stock for Q2 2024, down 33% quarter-over-quarter.
- 8 funds opened new Direxion Daily S&P 500 Bull 2X ETF positions in Q2 2024 and 9 closed out, a net change of -1 holder.
- The largest Direxion Daily S&P 500 Bull 2X ETF buyer in Q2 2024 was IMC Chicago, an estimated $5.77M added.
- The largest Direxion Daily S&P 500 Bull 2X ETF seller in Q2 2024 was Goldman Sachs, an estimated $43.2M sold.
Based on aggregated 13F filings for Q2 2024.