Direxion Daily S&P 500 Bull 3x ETF
SPXL
49 hedge funds and large institutions have $51.1M invested in Direxion Daily S&P 500 Bull 3x ETF in 2018 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 16 reducing their positions, and 9 closing their positions.
54% more call options, than puts
Call options by funds: $42M | Put options by funds: $27.2M
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1.16% less ownership
Funds ownership: 6.71% → 5.55% (-1.2%)
2% less funds holding
Funds holding: 50 → 49 (-1)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
25% less capital invested
Capital invested by funds: $67.7M → $51.1M (-$16.6M)
44% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 16
Top Buyers
Top Sellers
| 1 |
Citadel Advisors
Miami,
Florida
|
-$9.67M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$6.39M |
| 3 |
Two Sigma Investments
New York
|
-$3.83M |
| 4 |
PFM
Probabilities Fund Management
White Plains,
New York
|
-$3.68M |
| 5 |
Two Sigma Advisers
New York
|
-$2.73M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Two Sigma Advisers
New York
| – | -$2.73M | -61,300 | Closed |
|
|
DS
52
DRW Securities
Chicago,
Illinois
| – | -$1.11M | -25,011 | Closed |
|
53
Barclays
London,
United Kingdom
| – | -$1.22M | -23,936 | Closed |
|
|
AC
54
AFAM Capital
Austin,
Texas
| – | -$321K | -7,198 | Closed |
|
|
BCM
55
Bayesian Capital Management
Brooklyn,
New York
| – | -$200K | -4,500 | Closed |
|
|
HFM
56
Hartford Financial Management
Hartford,
Connecticut
| – | -$89K | -2,000 | Closed |
|
|
CPA
57
Clear Perspective Advisors
Aurora,
Illinois
| – | -$7K | -160 | Closed |
|
SPXL Hedge Fund Activity: Q3 2018 in Review
49 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q3 2018, worth a combined $51.1M — down 25% from $67.7M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SPXL and 8 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 9 added.
The largest buyer was Tower Research Capital (TRC), adding an estimated $2.9M. The largest seller was Citadel Advisors, exiting entirely with an estimated $9.67M sold.
- 49 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q3 2018, down from 50 in Q2 2018.
- Funds reported $51.1M of Direxion Daily S&P 500 Bull 3x ETF stock for Q3 2018, down 25% quarter-over-quarter.
- 8 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q3 2018 and 9 closed out, a net change of -1 holder.
- The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q3 2018 was Tower Research Capital (TRC), an estimated $2.9M added.
- The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q3 2018 was Citadel Advisors, an estimated $9.67M sold.
Based on aggregated 13F filings for Q3 2018.