Direxion Daily S&P 500 Bull 3x ETF
SPXL
31 hedge funds and large institutions have $49.5M invested in Direxion Daily S&P 500 Bull 3x ETF in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 14 reducing their positions, and 6 closing their positions.
34% more call options, than puts
Call options by funds: $45.8M | Put options by funds: $34.2M
0% less capital invested
Capital invested by funds: $49.5M → $49.5M (-$6.95K)
6% less funds holding
Funds holding: 33 → 31 (-2)
8.61% less ownership
Funds ownership: 53.8% → 45.19% (-8.6%)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
36% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 14
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| 1 |
Two Sigma Investments
New York
|
+$7.08M |
| 2 |
Two Sigma Advisers
New York
|
+$3.51M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.73M |
| 4 |
Barclays
London,
United Kingdom
|
+$2.56M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.63M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIG
26
Fusion Investment Group
Pittsburgh,
Pennsylvania
| $130K | – | – | – |
|
|
SCP
27
Syntal Capital Partners
Midland,
Texas
| $74K | -$1.95K | -100 | -3% |
|
28
Citigroup
New York
| $42K | +$42.7K | +2,188 | New |
|
|
U
29
UBS
Zurich,
Switzerland
| $8K | -$94.6K | -4,852 | -92% |
|
30
Creative Planning
Overland Park,
Kansas
| $7K | -$1.95K | -100 | -23% |
|
|
PFG
31
Piershale Financial Group
Barrington,
Illinois
| $1K | +$1.48K | +76 | New |
|
32
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$8.77M | -449,400 | Closed |
|
|
JT
33
Jump Trading
Chicago,
Illinois
| – | -$5.11M | -268,760 | Closed |
|
|
TH
34
Timber Hill
Greenwich,
Connecticut
| – | -$1.45M | -76,112 | Closed |
|
|
CT
35
CMT Trading
Chicago,
Illinois
| – | -$237K | -12,480 | Closed |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| – | -$113K | -5,964 | Closed |
|
|
MA
37
MUFG Americas
New York
| – | -$23K | -1,200 | Closed |
|
SPXL Hedge Fund Activity: Q3 2014 in Review
31 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q3 2014, worth a combined $49.5M — down 0.01% from $49.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SPXL and 4 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 9 added.
The largest buyer was Two Sigma Investments, adding an estimated $7.08M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $8.77M sold.
- 31 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q3 2014, down from 33 in Q2 2014.
- Funds reported $49.5M of Direxion Daily S&P 500 Bull 3x ETF stock for Q3 2014, down 0.01% quarter-over-quarter.
- 4 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q3 2014 and 6 closed out, a net change of -2 holders.
- The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q3 2014 was Two Sigma Investments, an estimated $7.08M added.
- The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q3 2014 was Susquehanna International Group, an estimated $8.77M sold.
Based on aggregated 13F filings for Q3 2014.