Direxion Daily S&P 500 Bull 3x ETF
SPXL
52 hedge funds and large institutions have $82.3M invested in Direxion Daily S&P 500 Bull 3x ETF in 2019 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 8 increasing their positions, 17 reducing their positions, and 18 closing their positions.
1% less capital invested
Capital invested by funds: $82.7M → $82.3M (-$418K)
0.82% less ownership
Funds ownership: 9.04% → 8.22% (-0.82%)
9% less funds holding
Funds holding: 57 → 52 (-5)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
28% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 18
53% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 17
69% less call options, than puts
Call options by funds: $65.4M | Put options by funds: $214M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$6.6M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$3.37M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.29M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
+$1.86M |
| 5 |
TSS
Two Sigma Securities
New York
|
+$1.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$9.92M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
-$9.16M |
| 3 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
-$5.57M |
| 4 |
PFM
Probabilities Fund Management
White Plains,
New York
|
-$5.1M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$2.97M |
SPXL Hedge Fund Activity: Q1 2019 in Review
52 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q1 2019, worth a combined $82.3M — down 0.51% from $82.7M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of SPXL and 13 opened new positions — a net loss of 5 holders — while 17 trimmed existing stakes and 8 added.
The largest buyer was Citadel Advisors, adding an estimated $6.6M. The largest seller was Susquehanna International Group, cutting an estimated $9.92M.
- 52 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q1 2019, down from 57 in Q4 2018.
- Funds reported $82.3M of Direxion Daily S&P 500 Bull 3x ETF stock for Q1 2019, down 0.51% quarter-over-quarter.
- 13 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q1 2019 and 18 closed out, a net change of -5 holders.
- The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q1 2019 was Citadel Advisors, an estimated $6.6M added.
- The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q1 2019 was Susquehanna International Group, an estimated $9.92M sold.
Based on aggregated 13F filings for Q1 2019.