Direxion Daily S&P 500 Bull 3x ETF
SPXL
25 hedge funds and large institutions have $38.7M invested in Direxion Daily S&P 500 Bull 3x ETF in 2013 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 2 increasing their positions, 11 reducing their positions, and 7 closing their positions.
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
0% more funds holding
Funds holding: 25 → 25 (0)
12% less capital invested
Capital invested by funds: $43.7M → $38.7M (-$5.05M)
13.28% less ownership
Funds ownership: 76.37% → 63.09% (-13%)
16% less call options, than puts
Call options by funds: $8.76M | Put options by funds: $10.4M
82% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 11
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Barclays
London,
United Kingdom
| – | -$481K | -40,672 | Closed |
|
27
Morgan Stanley
New York
| – | -$214K | -20,676 | Closed |
|
28
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$16K | -1,560 | Closed |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| – | -$12K | -1,152 | Closed |
|
|
AA
30
AlphaMark Advisors
Ft. Wright,
Kentucky
| – | -$5K | -480 | Closed |
|
31
Citigroup
New York
| – | -$2K | -224 | Closed |
|
|
PAS
32
Partnervest Advisory Services
Santa Barbara,
California
| – | -$1K | -132 | Closed |
|
SPXL Hedge Fund Activity: Q3 2013 in Review
25 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q3 2013, worth a combined $38.7M — down 12% from $43.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new SPXL positions and 7 closed out — a net gain of 1 holder — while 2 added to existing stakes and 11 trimmed.
The largest buyer was Allston Trading, opening a new position worth an estimated $4.22M. The largest seller was Deutsche Bank, cutting an estimated $7.09M.
- 25 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $38.7M of Direxion Daily S&P 500 Bull 3x ETF stock for Q3 2013, down 12% quarter-over-quarter.
- 8 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q3 2013 and 7 closed out, a net change of +1 holder.
- The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q3 2013 was Allston Trading, an estimated $4.22M added.
- The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q3 2013 was Deutsche Bank, an estimated $7.09M sold.
Based on aggregated 13F filings for Q3 2013.