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Direxion Daily S&P 500 Bull 3x ETF
SPXL

76 hedge funds and large institutions have $207M invested in Direxion Daily S&P 500 Bull 3x ETF in 2021 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 19 increasing their positions, 23 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

16% more call options, than puts

Call options by funds: $205M | Put options by funds: $177M

0% more funds holding in top 10

Funds holding in top 10: 4 → 4 (0)

0% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 15

3% less funds holding

Funds holding: 78 → 76 (-2)

2.61% less ownership

Funds ownership: 11.9% → 9.29% (-2.6%)

16% less capital invested

Capital invested by funds: $246M → $207M (-$39.8M)

17% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 23

Holders
76
Holders Change
-2
Holders Change %
-2.56%
% of All Funds
1.33%
Holding in Top 10
4
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.07%
New
15
Increased
19
Reduced
23
Closed
15
Calls
$205M
Puts
$177M
Net Calls
+$28.6M
Net Calls Change
+$6.45M

Top Buyers

Rank Fund Capital Flow
1
JF
Jump Financial
Illinois
+$74.5M
2
PCP
Proficio Capital Partners
Massachusetts
+$10.8M
3
DS
DRW Securities
Illinois
+$6.15M
4
WAM
Wolverine Asset Management
Illinois
+$6.14M
5
Thrivent Financial for Lutherans
Thrivent Financial for Lutherans
Minnesota
+$3.2M

Top Sellers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$62.1M
2
KFS
Kelly Financial Services
Massachusetts
-$58.1M
3
HF
HRT Financial
New York
-$4.49M
4
WA
Wealthstar Advisors
Texas
-$4.49M
5
G
Gainplan
Michigan
-$3.7M
Name Holding Trade Value Shares
Change 		Change in
Stake
TSS
26
Two Sigma Securities
New York
$1.41M +$1.22M +10,492 +393%
Wolverine Trading
27
Wolverine Trading
Illinois
$1.4M +$1.46M +12,577 New
FAIM
28
Financial Advocates Investment Management
Washington
$1.22M +$1.33M +11,429 New
Jane Street
29
Jane Street
New York
$1.2M +$437K +3,769 +50%
VF
30
Virtu Financial
New York
$1.15M -$2.24M -19,330 -64%
HighTower Advisors
31
HighTower Advisors
Illinois
$1.1M +$394K +3,393 +49%
SBL
32
Sargent Bickham Lagudis
Colorado
$895K – – –
SHIM
33
Stone House Investment Management
Pennsylvania
$667K – – –
BOTW
34
Bank of the West
California
$618K – – –
Commonwealth Equity Services
35
Commonwealth Equity Services
Massachusetts
$525K +$13.9K +120 +3%
KFS
36
Kelly Financial Services
Massachusetts
$491K -$58.1M -500,420 -99%
IWP
37
Insight Wealth Partners
Texas
$469K +$16.9K +146 +3%
HI
38
Harbour Investments
Wisconsin
$439K – – –
SFS
39
Summit Financial Strategies
Ohio
$432K -$14.4K -124 -3%
SWA
40
Stratos Wealth Advisors
Ohio
$403K – – –
JP Morgan Chase
41
JP Morgan Chase
New York
$395K +$368K +3,174 +609%
MW
42
Marks Wealth
Maryland
$353K +$383K +3,300 New
CIBC Private Wealth Group
43
CIBC Private Wealth Group
Georgia
$338K – – –
CHAM
44
Clear Harbor Asset Management
Connecticut
$321K – – –
CAM
45
Cresset Asset Management
Illinois
$321K – – –
CW
46
CreativeOne Wealth
Kansas
$317K +$2.09K +18 +0.6%
CPO
47
Cerity Partners OCIO
New York
$296K – – –
BRWA
48
B. Riley Wealth Advisors
Florida
$280K -$107K -922 -26%
BCM
49
Brookstone Capital Management
Illinois
$267K +$37.6K +324 +16%
IBOK
50
Independence Bank of Kentucky
Kentucky
$225K – – –
1
2
3 4

SPXL Hedge Fund Activity: Q3 2021 in Review

76 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q3 2021, worth a combined $207M — down 16% from $246M a quarter earlier.

Fund positioning in SPXL was balanced in Q3 2021: 15 funds opened new positions, 15 closed out, 19 added to existing stakes and 23 trimmed.

The largest buyer was Jump Financial, opening a new position worth an estimated $74.5M. The largest seller was Susquehanna International Group, cutting an estimated $62.1M.

  • 76 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q3 2021, down from 78 in Q2 2021.
  • Funds reported $207M of Direxion Daily S&P 500 Bull 3x ETF stock for Q3 2021, down 16% quarter-over-quarter.
  • 15 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q3 2021 and 15 closed out, a net change of 0 holders.
  • The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q3 2021 was Jump Financial, an estimated $74.5M added.
  • The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q3 2021 was Susquehanna International Group, an estimated $62.1M sold.

Based on aggregated 13F filings for Q3 2021.