Direxion Daily S&P 500 Bull 3x ETF
SPXL
33 hedge funds and large institutions have $49.5M invested in Direxion Daily S&P 500 Bull 3x ETF in 2014 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 14 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
111% more call options, than puts
Call options by funds: $49.5M | Put options by funds: $23.5M
14% more funds holding
Funds holding: 29 → 33 (+4)
0% more capital invested
Capital invested by funds: $49.3M → $49.5M (+$218K)
1.44% less ownership
Funds ownership: 55.24% → 53.8% (-1.4%)
43% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 14
Top Buyers
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$7.77M |
| 2 |
JT
Jump Trading
Chicago,
Illinois
|
+$2.12M |
| 3 |
Two Sigma Investments
New York
|
+$2.08M |
| 4 |
PSW
Portfolio Strategies (Washington)
Tacoma,
Washington
|
+$1.79M |
| 5 |
Barclays
London,
United Kingdom
|
+$1.59M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIG
26
Fusion Investment Group
Pittsburgh,
Pennsylvania
| $128K | +$116K | +6,716 | New |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $113K | -$4.36M | -252,236 | -98% |
|
|
U
28
UBS
Zurich,
Switzerland
| $100K | -$95.9K | -5,544 | -51% |
|
|
WAM
29
Wolverine Asset Management
Chicago,
Illinois
| $76K | -$76.1K | -4,400 | -52% |
|
|
SCP
30
Syntal Capital Partners
Midland,
Texas
| $74K | +$67.7K | +3,916 | New |
|
|
MA
31
MUFG Americas
New York
| $23K | – | – | – |
|
32
Creative Planning
Overland Park,
Kansas
| $8K | -$157K | -9,060 | -95% |
|
33
Walleye Trading
New York
| $81 | +$74.1K | +4,284 | New |
|
|
VF
34
Virtu Financial
New York
| – | -$11.7M | -708,816 | Closed |
|
|
CA
35
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
| – | -$255K | -15,400 | Closed |
|
36
Citigroup
New York
| – | -$51K | -3,060 | Closed |
|
SPXL Hedge Fund Activity: Q2 2014 in Review
33 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q2 2014, worth a combined $49.5M — up 0.44% from $49.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SPXL positions and 3 closed out — a net gain of 4 holders — while 8 added to existing stakes and 14 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $7.77M. The largest seller was Virtu Financial, exiting entirely with an estimated $11.7M sold.
- 33 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q2 2014, up from 29 in Q1 2014.
- Funds reported $49.5M of Direxion Daily S&P 500 Bull 3x ETF stock for Q2 2014, up 0.44% quarter-over-quarter.
- 7 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q2 2014 and 3 closed out, a net change of +4 holders.
- The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q2 2014 was Susquehanna International Group, an estimated $7.77M added.
- The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q2 2014 was Virtu Financial, an estimated $11.7M sold.
Based on aggregated 13F filings for Q2 2014.