Direxion Daily S&P 500 Bull 3x ETF
SPXL
54 hedge funds and large institutions have $65.7M invested in Direxion Daily S&P 500 Bull 3x ETF in 2019 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 9 increasing their positions, 17 reducing their positions, and 9 closing their positions.
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
4% more funds holding
Funds holding: 52 → 54 (+2)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1.46% less ownership
Funds ownership: 8.22% → 6.76% (-1.5%)
20% less capital invested
Capital invested by funds: $82.3M → $65.7M (-$16.6M)
47% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 17
55% less call options, than puts
Call options by funds: $104M | Put options by funds: $231M
Top Buyers
| 1 |
DS
DRW Securities
Chicago,
Illinois
|
+$4.44M |
| 2 |
MHS
M Holdings Securities
Portland,
Oregon
|
+$2.23M |
| 3 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$2.06M |
| 4 |
TSS
Two Sigma Securities
New York
|
+$1.09M |
| 5 |
Morgan Stanley
New York
|
+$613K |
Top Sellers
| 1 |
Citadel Advisors
Miami,
Florida
|
-$11.3M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.63M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$4.58M |
| 4 |
VF
Virtu Financial
New York
|
-$3.14M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2.48M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
APA
51
American Portfolios Advisors
Holbrook,
New York
| $4.56K | – | – | – |
|
52
Parallax Volatility Advisers
San Francisco,
California
| $4K | +$3.92K | +80 | +2,000% |
|
53
Citigroup
New York
| $1K | +$979 | +20 | New |
|
|
MWM
54
Meridian Wealth Management
Lexington,
Kentucky
| $231 | +$22K | +450 | New |
|
|
55
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$4.63M | -94,641 | Closed |
|
|
WAM
56
Wolverine Asset Management
Chicago,
Illinois
| – | -$4.58M | -93,534 | Closed |
|
57
Simplex Trading
Chicago,
Illinois
| – | -$2.08M | -44,597 | Closed |
|
58
Creative Planning
Overland Park,
Kansas
| – | -$432K | -9,231 | Closed |
|
|
BAM
59
Belpointe Asset Management
Reno,
Nevada
| – | -$447K | -8,331 | Closed |
|
|
PIMG
60
Patriot Investment Management Group
Knoxville,
Tennessee
| – | -$258K | -5,520 | Closed |
|
|
PFG
61
Piershale Financial Group
Barrington,
Illinois
| – | -$208K | -4,440 | Closed |
|
|
KL
62
KWMG LLC
Overland Park,
Kansas
| – | -$5K | -110 | Closed |
|
63
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$5K | -100 | Closed |
|
SPXL Hedge Fund Activity: Q2 2019 in Review
54 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q2 2019, worth a combined $65.7M — down 20% from $82.3M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new SPXL positions and 9 closed out — a net gain of 2 holders — while 9 added to existing stakes and 17 trimmed.
The largest buyer was DRW Securities, opening a new position worth an estimated $4.44M. The largest seller was Citadel Advisors, cutting an estimated $11.3M.
- 54 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q2 2019, up from 52 in Q1 2019.
- Funds reported $65.7M of Direxion Daily S&P 500 Bull 3x ETF stock for Q2 2019, down 20% quarter-over-quarter.
- 11 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q2 2019 and 9 closed out, a net change of +2 holders.
- The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q2 2019 was DRW Securities, an estimated $4.44M added.
- The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q2 2019 was Citadel Advisors, an estimated $11.3M sold.
Based on aggregated 13F filings for Q2 2019.