We are live on ! Find out more
SPXL icon

Direxion Daily S&P 500 Bull 3x ETF
SPXL

60 hedge funds and large institutions have $60.2M invested in Direxion Daily S&P 500 Bull 3x ETF in 2020 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 9 increasing their positions, 20 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

130% more call options, than puts

Call options by funds: $314M | Put options by funds: $136M

1.45% less ownership

Funds ownership: 5.62% → 4.17% (-1.5%)

8% less funds holding

Funds holding: 65 → 60 (-5)

21% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 19

28% less capital invested

Capital invested by funds: $83.4M → $60.2M (-$23.2M)

50% less funds holding in top 10

Funds holding in top 10: 4 → 2 (-2)

55% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 20

Holders
60
Holders Change
-5
Holders Change %
-7.69%
% of All Funds
1.21%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.04%
New
15
Increased
9
Reduced
20
Closed
19
Calls
$314M
Puts
$136M
Net Calls
+$178M
Net Calls Change
+$118M

Top Buyers

Rank Fund Capital Flow
1
Jane Street
Jane Street
New York
+$2.75M
2
CG
Cutler Group
California
+$1.55M
3
LSA
Lion Street Advisors
Texas
+$1.4M
4
SG Americas Securities
SG Americas Securities
New York
+$998K
5
SCM
Shelton Capital Management
Colorado
+$931K

Top Sellers

Rank Fund Capital Flow
1
IMC Chicago
IMC Chicago
Illinois
-$15.9M
2
G
Gainplan
Michigan
-$7.24M
3
VF
Virtu Financial
New York
-$5.15M
4
DS
DRW Securities
Illinois
-$4.95M
5
WAM
Wolverine Asset Management
Illinois
-$4.71M
Name Holding Trade Value Shares
Change 		Change in
Stake
IC
26
Inscription Capital
Texas
$527K +$515K +10,000 New
SHIM
27
Stone House Investment Management
Pennsylvania
$456K +$445K +8,656 New
BOTW
28
Bank of the West
California
$376K -$212K -4,115 -37%
KFS
29
Kelly Financial Services
Massachusetts
$329K -$15.4K -300 -5%
IWP
30
Insight Wealth Partners
Texas
$309K -$362K -7,044 -55%
SFS
31
Summit Financial Strategies
Ohio
$257K – – –
QC
32
QCM Cayman
Texas
$248K +$242K +4,700 New
Commonwealth Equity Services
33
Commonwealth Equity Services
Massachusetts
$236K -$17.8K -346 -7%
HS
34
Haafor (Singapore)
Singapore
$227K +$220K +4,270 New
SWA
35
Stratos Wealth Advisors
Ohio
$223K +$218K +4,232 New
CA
36
Clearstead Advisors
Ohio
$175K – – –
CAPTRUST Financial Advisors
37
CAPTRUST Financial Advisors
North Carolina
$158K – – –
CHAM
38
Clear Harbor Asset Management
Connecticut
$158K +$154K +3,000 New
IBOK
39
Independence Bank of Kentucky
Kentucky
$141K – – –
SIS
40
Sound Income Strategies
Florida
$141K – – –
NICM
41
Neo Ivy Capital Management
New York
$110K – – –
Qube Research & Technologies (QRT)
42
Qube Research & Technologies (QRT)
United Kingdom
$107K +$105K +2,034 New
FHC
43
First Horizon Corporation
Tennessee
$101K +$99.4K +1,931 New
JP Morgan Chase
44
JP Morgan Chase
New York
$93K +$24.6K +479 +36%
Royal Bank of Canada
45
Royal Bank of Canada
Ontario, Canada
$51K -$6.69K -130 -12%
LFG
46
Larson Financial Group
Missouri
$51K -$2.06K -40 -4%
FDCDDQ
47
Federation des caisses Desjardins du Quebec
Quebec, Canada
$39K -$114K -2,225 -75%
AIM
48
Anchor Investment Management
South Carolina
$34.8K -$4.12K -80 -11%
HNB
49
Huntington National Bank
Ohio
$23K – – –
CDIA
50
Capital Directions Investment Advisors
Georgia
$15K +$720 +14 +5%
1
2
3

SPXL Hedge Fund Activity: Q3 2020 in Review

60 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q3 2020, worth a combined $60.2M — down 28% from $83.4M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of SPXL and 15 opened new positions — a net loss of 4 holders — while 20 trimmed existing stakes and 9 added.

The largest buyer was Jane Street, adding an estimated $2.75M. The largest seller was IMC Chicago, cutting an estimated $15.9M.

  • 60 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q3 2020, down from 65 in Q2 2020.
  • Funds reported $60.2M of Direxion Daily S&P 500 Bull 3x ETF stock for Q3 2020, down 28% quarter-over-quarter.
  • 15 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q3 2020 and 19 closed out, a net change of -4 holders.
  • The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q3 2020 was Jane Street, an estimated $2.75M added.
  • The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q3 2020 was IMC Chicago, an estimated $15.9M sold.

Based on aggregated 13F filings for Q3 2020.