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Direxion Daily S&P 500 Bull 3x ETF
SPXL

73 hedge funds and large institutions have $98.9M invested in Direxion Daily S&P 500 Bull 3x ETF in 2020 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 16 increasing their positions, 8 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

135% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 17

100% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 8

38% more funds holding

Funds holding: 53 → 73 (+20)

14% more call options, than puts

Call options by funds: $88.7M | Put options by funds: $77.6M

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

1.22% less ownership

Funds ownership: 9.69% → 8.48% (-1.2%)

8% less capital invested

Capital invested by funds: $108M → $98.9M (-$9.13M)

Holders
73
Holders Change
+20
Holders Change %
+37.74%
% of All Funds
1.61%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.07%
New
40
Increased
16
Reduced
8
Closed
17
Calls
$88.7M
Puts
$77.6M
Net Calls
+$11.1M
Net Calls Change
+$158M

Top Buyers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$31.9M
2
WA
Wealthstar Advisors
Texas
+$28.4M
3
IWP
Insight Wealth Partners
Texas
+$25.7M
4
Citadel Advisors
Citadel Advisors
Florida
+$19M
5
WAM
Wolverine Asset Management
Illinois
+$18.4M

Top Sellers

Rank Fund Capital Flow
1
IMC Chicago
IMC Chicago
Illinois
-$9.83M
2
TCM
Traynor Capital Management
Pennsylvania
-$6.15M
3
Simplex Trading
Simplex Trading
Illinois
-$5.86M
4
CG
Cutler Group
California
-$2.02M
5
MHS
M Holdings Securities
Oregon
-$1.09M
Name Holding Trade Value Shares
Change 		Change in
Stake
HCM
26
Hengehold Capital Management
Ohio
$234K +$507K +9,000 New
FMBTD
27
First Midwest Bank Trust Division
Illinois
$232K -$650K -11,550 -56%
UBS Group
28
UBS Group
Switzerland
$216K -$303K -5,387 -39%
BP
29
BBR Partners
New York
$214K – – –
HighTower Advisors
30
HighTower Advisors
Illinois
$208K +$448K +7,957 New
FDCDDQ
31
Federation des caisses Desjardins du Quebec
Quebec, Canada
$199K +$430K +7,635 New
KFS
32
Kelly Financial Services
Massachusetts
$171K -$4.62K -82 -1%
TPWA
33
TRUE Private Wealth Advisors
Oregon
$131K +$237K +4,206 +496%
Osaic Holdings
34
Osaic Holdings
Arizona
$131K +$282K +5,004 New
SWA
35
Stratos Wealth Advisors
Ohio
$130K -$13.3K -236 -5%
HFM
36
Hartford Financial Management
Connecticut
$82K +$177K +3,140 New
Fifth Third Bancorp
37
Fifth Third Bancorp
Ohio
$78K +$169K +3,000 New
OIA
38
Optimum Investment Advisors
Illinois
$78K +$169K +3,000 New
JP Morgan Chase
39
JP Morgan Chase
New York
$74K +$160K +2,836 New
SIS
40
Sound Income Strategies
Florida
$70K – – –
IBOK
41
Independence Bank of Kentucky
Kentucky
$70K +$132K +2,350 +723%
PCIA
42
Prime Capital Investment Advisors
Kansas
$58K +$126K +2,230 New
NICM
43
Neo Ivy Capital Management
New York
$55K +$118K +2,100 New
MM
44
Main Management
California
$52K +$112K +1,985 New
EWM
45
EPG Wealth Management
Georgia
$47K +$101K +1,801 New
Simplex Trading
46
Simplex Trading
Illinois
$41K -$5.86M -104,199 -98%
Bank of America
47
Bank of America
North Carolina
$37K +$56K +995 +242%
PP
48
Paloma Partners
Connecticut
$37K +$79K +1,404 New
Royal Bank of Canada
49
Royal Bank of Canada
Ontario, Canada
$32K +$14.6K +260 +27%
PH
50
Pinnacle Holdings
Oklahoma
$28.3K +$61.1K +1,085 New
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SPXL Hedge Fund Activity: Q1 2020 in Review

73 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q1 2020, worth a combined $98.9M — down 8.5% from $108M a quarter earlier.

Buyers outnumbered sellers: 40 funds opened new SPXL positions and 17 closed out — a net gain of 23 holders — while 16 added to existing stakes and 8 trimmed.

The largest buyer was Susquehanna International Group, adding an estimated $31.9M. The largest seller was IMC Chicago, exiting entirely with an estimated $9.83M sold.

  • 73 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q1 2020, up from 53 in Q4 2019.
  • Funds reported $98.9M of Direxion Daily S&P 500 Bull 3x ETF stock for Q1 2020, down 8.5% quarter-over-quarter.
  • 40 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q1 2020 and 17 closed out, a net change of +23 holders.
  • The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q1 2020 was Susquehanna International Group, an estimated $31.9M added.
  • The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q1 2020 was IMC Chicago, an estimated $9.83M sold.

Based on aggregated 13F filings for Q1 2020.