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Direxion Daily S&P 500 Bull 3x ETF
SPXL

40 hedge funds and large institutions have $40M invested in Direxion Daily S&P 500 Bull 3x ETF in 2015 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 22 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

74% more call options, than puts

Call options by funds: $58.6M | Put options by funds: $33.7M

0% more funds holding

Funds holding: 40 → 40 (0)

0% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 7

6.56% less ownership

Funds ownership: 34.82% → 28.26% (-6.6%)

27% less capital invested

Capital invested by funds: $54.5M → $40M (-$14.6M)

68% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 22

Holders
40
Holders Change
–
Holders Change %
0%
% of All Funds
1.07%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
7
Increased
7
Reduced
22
Closed
7
Calls
$58.6M
Puts
$33.7M
Net Calls
+$24.9M
Net Calls Change
+$13.2M

Top Buyers

1
TCM
Tuttle Capital Management
Connecticut
+$2.05M
2
JT
Jump Trading
Illinois
+$1.31M
3
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
+$1.19M
4
BPGAM
BTG Pactual Global Asset Management
Bermuda
+$939K
5
Two Sigma Investments
Two Sigma Investments
New York
+$502K

Top Sellers

1
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$6.19M
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$3.7M
3
Barclays
Barclays
United Kingdom
-$2.46M
4
TRCT
Tower Research Capital (TRC)
New York
-$2.24M
5
TH
Timber Hill
Connecticut
-$1.18M
Name Holding Trade Value Shares
Change 		Change in
Stake
BFG
26
Bouchey Financial Group
New York
$264K – – –
Royal Bank of Canada
27
Royal Bank of Canada
Ontario, Canada
$261K -$6.19M -280,696 -96%
ED
28
Exane Derivatives
France
$246K -$12.8K -580 -5%
Bank of New York Mellon
29
Bank of New York Mellon
New York
$243K -$15.4K -700 -6%
TH
30
Timber Hill
Connecticut
$234K -$1.18M -53,748 -84%
MSU
31
Maple Securities USA
New Jersey
$222K -$12.7K -576 -5%
Creative Planning
32
Creative Planning
Kansas
$177K +$176K +8,000 New
AA
33
AlphaMark Advisors
Kentucky
$57K -$27.3K -1,240 -33%
Walleye Trading
34
Walleye Trading
New York
$25K -$79.3K -3,600 -76%
Wells Fargo
35
Wells Fargo
California
$23K +$22.5K +1,020 New
BWA
36
Burt Wealth Advisors
Maryland
$18K +$8.82K +400 +100%
Bank of America
37
Bank of America
North Carolina
$14K -$22K -996 -62%
UBS Group
38
UBS Group
Switzerland
$9K -$211K -9,556 -96%
PFG
39
Piershale Financial Group
Illinois
$2K -$970 -44 -31%
TRCT
40
Tower Research Capital (TRC)
New York
– -$2.24M -102,176 Closed
CT
41
CMT Trading
Illinois
– -$898K -40,964 Closed
TSS
42
Two Sigma Securities
New York
– -$651K -29,652 Closed
GA
43
Geneva Advisors
Illinois
– -$323K -14,720 Closed
Nomura Holdings
44
Nomura Holdings
Japan
– -$315K -14,600 Closed
CWM
45
Concert Wealth Management
California
– -$234K -10,708 Closed
Deutsche Bank
46
Deutsche Bank
Germany
– -$21K -1,000 Closed
1
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SPXL Hedge Fund Activity: Q1 2015 in Review

40 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q1 2015, worth a combined $40M — down 27% from $54.5M a quarter earlier.

Fund positioning in SPXL was balanced in Q1 2015: 7 funds opened new positions, 7 closed out, 7 added to existing stakes and 22 trimmed.

The largest buyer was Tuttle Capital Management, opening a new position worth an estimated $2.05M. The largest seller was Royal Bank of Canada, cutting an estimated $6.19M.

  • 40 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q1 2015, unchanged from Q4 2014.
  • Funds reported $40M of Direxion Daily S&P 500 Bull 3x ETF stock for Q1 2015, down 27% quarter-over-quarter.
  • 7 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q1 2015 and 7 closed out, a net change of 0 holders.
  • The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q1 2015 was Tuttle Capital Management, an estimated $2.05M added.
  • The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q1 2015 was Royal Bank of Canada, an estimated $6.19M sold.

Based on aggregated 13F filings for Q1 2015.