Direxion Daily S&P 500 Bull 3x ETF
SPXL
57 hedge funds and large institutions have $82.7M invested in Direxion Daily S&P 500 Bull 3x ETF in 2018 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 13 closing their positions.
62% more capital invested
Capital invested by funds: $51.1M → $82.7M (+$31.6M)
62% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 13
55% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 11
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
16% more funds holding
Funds holding: 49 → 57 (+8)
3.48% more ownership
Funds ownership: 5.55% → 9.04% (+3.5%)
64% less call options, than puts
Call options by funds: $34.8M | Put options by funds: $96.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$14M |
| 2 |
PFM
Probabilities Fund Management
White Plains,
New York
|
+$8.24M |
| 3 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
+$7.01M |
| 4 |
WA
Wealthstar Advisors
Plano,
Texas
|
+$4.83M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$4.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2.43M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$1.11M |
| 3 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
-$489K |
| 4 |
SG Americas Securities
New York
|
-$397K |
| 5 |
SFS
Summit Financial Strategies
Columbus,
Ohio
|
-$291K |
SPXL Hedge Fund Activity: Q4 2018 in Review
57 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q4 2018, worth a combined $82.7M — up 62% from $51.1M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new SPXL positions and 13 closed out — a net gain of 8 holders — while 17 added to existing stakes and 11 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $14M. The largest seller was Tower Research Capital (TRC), cutting an estimated $2.43M.
- 57 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q4 2018, up from 49 in Q3 2018.
- Funds reported $82.7M of Direxion Daily S&P 500 Bull 3x ETF stock for Q4 2018, up 62% quarter-over-quarter.
- 21 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q4 2018 and 13 closed out, a net change of +8 holders.
- The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q4 2018 was Susquehanna International Group, an estimated $14M added.
- The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q4 2018 was Tower Research Capital (TRC), an estimated $2.43M sold.
Based on aggregated 13F filings for Q4 2018.