Direxion Daily S&P 500 Bull 2X ETF
SPUU
18 hedge funds and large institutions have $90.6M invested in Direxion Daily S&P 500 Bull 2X ETF in 2024 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 7 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
13% more funds holding
Funds holding: 16 → 18 (+2)
8% more capital invested
Capital invested by funds: $83.9M → $90.6M (+$6.66M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more call options, than puts
Call options by funds: $86K | Put options by funds: $86K
6.65% less ownership
Funds ownership: 65.02% → 58.38% (-6.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ETC
Exchange Traded Concepts
Oklahoma City,
Oklahoma
|
+$6.66M |
| 2 |
VF
Virtu Financial
New York
|
+$6.14M |
| 3 |
HF
HRT Financial
New York
|
+$307K |
| 4 |
Belvedere Trading
Chicago,
Illinois
|
+$215K |
| 5 |
IC
Inscription Capital
Houston,
Texas
|
+$11.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
-$6.21M |
| 2 |
AWM
Adams Wealth Management
Logan,
Utah
|
-$2.48M |
| 3 |
CI
CacheTech Inc
Logan,
Utah
|
-$2.48M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.52M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$899K |
SPUU Hedge Fund Activity: Q3 2024 in Review
18 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 2X ETF (SPUU) for Q3 2024, worth a combined $90.6M — up 7.9% from $83.9M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SPUU positions and 7 closed out — a net gain of 2 holders — while 4 added to existing stakes and 2 trimmed.
The largest buyer was Exchange Traded Concepts, opening a new position worth an estimated $6.66M. The largest seller was IMC Chicago, exiting entirely with an estimated $6.21M sold.
- 18 institutional investors held Direxion Daily S&P 500 Bull 2X ETF (SPUU) as of Q3 2024, up from 16 in Q2 2024.
- Funds reported $90.6M of Direxion Daily S&P 500 Bull 2X ETF stock for Q3 2024, up 7.9% quarter-over-quarter.
- 9 funds opened new Direxion Daily S&P 500 Bull 2X ETF positions in Q3 2024 and 7 closed out, a net change of +2 holders.
- The largest Direxion Daily S&P 500 Bull 2X ETF buyer in Q3 2024 was Exchange Traded Concepts, an estimated $6.66M added.
- The largest Direxion Daily S&P 500 Bull 2X ETF seller in Q3 2024 was IMC Chicago, an estimated $6.21M sold.
Based on aggregated 13F filings for Q3 2024.