Direxion Daily S&P 500 Bull 3x ETF
SPXL
48 hedge funds and large institutions have $182M invested in Direxion Daily S&P 500 Bull 3x ETF in 2017 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 5 closing their positions.
266% more capital invested
Capital invested by funds: $49.8M → $182M (+$133M)
220% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 5
30% more funds holding
Funds holding: 37 → 48 (+11)
14.47% more ownership
Funds ownership: 6.79% → 21.26% (+14%)
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
59% less call options, than puts
Call options by funds: $47.1M | Put options by funds: $116M
Top Buyers
| 1 |
Goldman Sachs
New York
|
+$71.5M |
| 2 |
G
Gainplan
Bloomfield Hills,
Michigan
|
+$28.3M |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
+$9.81M |
| 4 |
Two Sigma Investments
New York
|
+$1.9M |
| 5 |
Barclays
London,
United Kingdom
|
+$1.87M |
Top Sellers
| 1 |
VF
Virtu Financial
New York
|
-$5.4M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$3.07M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.39M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.48M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.15M |
SPXL Hedge Fund Activity: Q4 2017 in Review
48 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q4 2017, worth a combined $182M — up 266% from $49.8M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new SPXL positions and 5 closed out — a net gain of 11 holders — while 13 added to existing stakes and 14 trimmed.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $71.5M. The largest seller was Virtu Financial, exiting entirely with an estimated $5.4M sold.
- 48 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q4 2017, up from 37 in Q3 2017.
- Funds reported $182M of Direxion Daily S&P 500 Bull 3x ETF stock for Q4 2017, up 266% quarter-over-quarter.
- 16 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q4 2017 and 5 closed out, a net change of +11 holders.
- The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q4 2017 was Goldman Sachs, an estimated $71.5M added.
- The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q4 2017 was Virtu Financial, an estimated $5.4M sold.
Based on aggregated 13F filings for Q4 2017.