We are live on ! Find out more
SPXL icon

Direxion Daily S&P 500 Bull 3x ETF
SPXL

36 hedge funds and large institutions have $48.8M invested in Direxion Daily S&P 500 Bull 3x ETF in 2015 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 3 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

500% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 3

30% more capital invested

Capital invested by funds: $37.5M → $48.8M (+$11.3M)

5.54% more ownership

Funds ownership: 31.86% → 37.4% (+5.5%)

0% more funds holding

Funds holding: 36 → 36 (0)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

0% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 10

55% less call options, than puts

Call options by funds: $38.8M | Put options by funds: $86.6M

Holders
36
Holders Change
–
Holders Change %
0%
% of All Funds
1.01%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
10
Increased
18
Reduced
3
Closed
10
Calls
$38.8M
Puts
$86.6M
Net Calls
-$47.9M
Net Calls Change
-$50.1M

Top Buyers

1
VF
Virtu Financial
New York
+$15.4M
2
TRCT
Tower Research Capital (TRC)
New York
+$5.4M
3
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
+$4.16M
4
WAM
Wolverine Asset Management
Illinois
+$3.08M
5
Citigroup
Citigroup
New York
+$2.76M

Top Sellers

1
TCM
Tuttle Capital Management
Connecticut
-$13.4M
2
Barclays
Barclays
United Kingdom
-$1.95M
3
JP Morgan Chase
JP Morgan Chase
New York
-$973K
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$806K
5
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$378K
Name Holding Trade Value Shares
Change 		Change in
Stake
BFG
26
Bouchey Financial Group
New York
$207K – – –
Royal Bank of Canada
27
Royal Bank of Canada
Ontario, Canada
$174K +$122K +5,848 +138%
FIG
28
Fusion Investment Group
Pennsylvania
$122K – – –
Parallax Volatility Advisers
29
Parallax Volatility Advisers
California
$72K +$36.6K +1,760 +72%
UBS Group
30
UBS Group
Switzerland
$45K +$14.7K +704 +37%
CIM
31
Contravisory Investment Management
Massachusetts
$35K +$41.6K +2,000 New
SSG
32
Summit Securities Group
New York
$14K +$8.32K +400 +100%
ASN
33
Advisory Services Network
Georgia
$14K +$16.6K +800 New
AA
34
AlphaMark Advisors
Kentucky
$10K +$12.5K +600 New
MA
35
MUFG Americas
New York
$9K +$11K +528 New
Bank of America
36
Bank of America
North Carolina
$7K – – –
TCM
37
Tuttle Capital Management
Connecticut
– -$13.4M -608,180 Closed
Barclays
38
Barclays
United Kingdom
– -$1.95M -93,524 Closed
JP Morgan Chase
39
JP Morgan Chase
New York
– -$973K -44,256 Closed
Susquehanna International Group
40
Susquehanna International Group
Pennsylvania
– -$806K -38,724 Closed
AC
41
AFAM Capital
Texas
– -$370K -16,824 Closed
TH
42
Timber Hill
Connecticut
– -$335K -15,252 Closed
NA
43
Navellier & Associates
Nevada
– -$251K -11,404 Closed
CWM
44
Concert Wealth Management
California
– -$214K -9,768 Closed
Wells Fargo
45
Wells Fargo
California
– -$6.49K -312 Closed
PFG
46
Piershale Financial Group
Illinois
– -$2K -80 Closed
1
2

SPXL Hedge Fund Activity: Q3 2015 in Review

36 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q3 2015, worth a combined $48.8M — up 30% from $37.5M a quarter earlier.

Fund positioning in SPXL was balanced in Q3 2015: 10 funds opened new positions, 10 closed out, 18 added to existing stakes and 3 trimmed.

The largest buyer was Virtu Financial, opening a new position worth an estimated $15.4M. The largest seller was Tuttle Capital Management, exiting entirely with an estimated $13.4M sold.

  • 36 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q3 2015, unchanged from Q2 2015.
  • Funds reported $48.8M of Direxion Daily S&P 500 Bull 3x ETF stock for Q3 2015, up 30% quarter-over-quarter.
  • 10 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q3 2015 and 10 closed out, a net change of 0 holders.
  • The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q3 2015 was Virtu Financial, an estimated $15.4M added.
  • The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q3 2015 was Tuttle Capital Management, an estimated $13.4M sold.

Based on aggregated 13F filings for Q3 2015.