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Direxion Daily S&P 500 Bull 3x ETF

51 hedge funds and large institutions have $75.1M invested in Direxion Daily S&P 500 Bull 3x ETF in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 15 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more capital invested

Capital invested by funds: $65.7M → $75.1M (+$9.35M)

1.23% more ownership

Funds ownership: 6.76%7.99% (+1.2%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

7% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 15

6% less funds holding

Funds holding: 5451 (-3)

27% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 11

70% less call options, than puts

Call options by funds: $62.5M | Put options by funds: $210M

Holders
51
Holders Change
-3
Holders Change %
-5.56%
% of All Funds
1.12%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
8
Increased
14
Reduced
15
Closed
11
Calls
$62.5M
Puts
$210M
Net Calls
-$148M
Net Calls Change
-$21.4M
Name Holding Trade Value Shares
Change
Change in
Stake
SWA
26
Stratos Wealth Advisors
Ohio
$274K +$1.4K +27 +0.5%
SFS
27
Summit Financial Strategies
Ohio
$268K +$58.1K +1,122 +28%
CIBC Private Wealth Group
28
CIBC Private Wealth Group
Georgia
$264K
Bank of America
29
Bank of America
North Carolina
$250K +$151K +2,909 +155%
MOS
30
MGO One Seven
Ohio
$205K
WCM
31
Whitener Capital Management
North Carolina
$177K -$3.37K -65 -2%
LTFS
32
Ladenburg Thalmann Financial Services
Florida
$163K -$12.1K -234 -7%
SIS
33
Sound Income Strategies
Florida
$140K -$9.27K -179 -6%
CAPTRUST Financial Advisors
34
CAPTRUST Financial Advisors
North Carolina
$82K -$12.9K -250 -14%
AG
35
Advisor Group
Arizona
$61K -$1.09K -21 -2%
Royal Bank of Canada
36
Royal Bank of Canada
Ontario, Canada
$51K
PCG
37
Private Capital Group
Connecticut
$44K -$71.7K -1,384 -62%
VFA
38
Valeo Financial Advisors
Indiana
$31K
RFA
39
Reilly Financial Advisors
California
$21K
G
40
Gainplan
Michigan
$18K +$18.1K +350 New
IBOK
41
Independence Bank of Kentucky
Kentucky
$17K
EWA
42
Evolution Wealth Advisors
Florida
$11K +$10.9K +210 New
Citigroup
43
Citigroup
New York
$10K +$9.32K +180 +900%
IA
44
IFP Advisors
Florida
$10K +$10.5K +202 New
Carson Wealth (CWM LLC)
45
Carson Wealth (CWM LLC)
Nebraska
$9K
William Blair & Company
46
William Blair & Company
Illinois
$8K
APA
47
American Portfolios Advisors
New York
$4.67K
JP Morgan Chase
48
JP Morgan Chase
New York
$1K -$7.25K -140 -93%
FDCDDQ
49
Federation des caisses Desjardins du Quebec
Quebec, Canada
$994 -$82.6K -1,595 -99%
BCM
50
Brookstone Capital Management
Illinois
-$2.16M -42,136 Closed

SPXL Hedge Fund Activity: Q3 2019 in Review

51 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q3 2019, worth a combined $75.1M — up 14% from $65.7M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of SPXL and 8 opened new positions — a net loss of 3 holders — while 15 trimmed existing stakes and 14 added.

The largest buyer was AssetMark Inc, opening a new position worth an estimated $8.69M. The largest seller was Two Sigma Securities, cutting an estimated $3.97M.

  • 51 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q3 2019, down from 54 in Q2 2019.
  • Funds reported $75.1M of Direxion Daily S&P 500 Bull 3x ETF stock for Q3 2019, up 14% quarter-over-quarter.
  • 8 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q3 2019 and 11 closed out, a net change of -3 holders.
  • The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q3 2019 was AssetMark Inc, an estimated $8.69M added.
  • The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q3 2019 was Two Sigma Securities, an estimated $3.97M sold.

Based on aggregated 13F filings for Q3 2019.