Direxion Daily S&P 500 Bull 3x ETF
SPXL
53 hedge funds and large institutions have $108M invested in Direxion Daily S&P 500 Bull 3x ETF in 2019 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 9 increasing their positions, 12 reducing their positions, and 11 closing their positions.
44% more capital invested
Capital invested by funds: $75.1M → $108M (+$32.9M)
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
4% more funds holding
Funds holding: 51 → 53 (+2)
1.7% more ownership
Funds ownership: 7.99% → 9.69% (+1.7%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
25% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 12
64% less call options, than puts
Call options by funds: $84.1M | Put options by funds: $231M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$22.7M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
+$8.62M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$6.13M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.63M |
| 5 |
CG
Cutler Group
San Francisco,
California
|
+$2.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
-$8.78M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$4.78M |
| 3 |
MHS
M Holdings Securities
Portland,
Oregon
|
-$3.9M |
| 4 |
DS
DRW Securities
Chicago,
Illinois
|
-$3.41M |
| 5 |
TSS
Two Sigma Securities
New York
|
-$2.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFS
51
Sowell Financial Services
North Little Rock,
Arkansas
| $1K | +$637 | +11 | New |
|
|
52
AssetMark Inc
Concord,
California
| – | -$8.78M | -167,831 | Closed |
|
|
DS
53
DRW Securities
Chicago,
Illinois
| – | -$3.41M | -65,203 | Closed |
|
|
FTUS
54
Flow Traders U.S.
New York
| – | -$1.62M | -30,943 | Closed |
|
55
Barclays
London,
United Kingdom
| – | -$361K | -6,226 | Closed |
|
56
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$82K | -1,575 | Closed |
|
|
G
57
Gainplan
Bloomfield Hills,
Michigan
| – | -$18K | -350 | Closed |
|
|
EWA
58
Evolution Wealth Advisors
Aventura,
Florida
| – | -$11K | -210 | Closed |
|
59
Citigroup
New York
| – | -$11.6K | -200 | Closed |
|
|
FDCDDQ
60
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$994 | -19 | Closed |
|
61
JP Morgan Chase
New York
| – | -$1K | -10 | Closed |
|
|
OPS
62
Orion Portfolio Solutions
Omaha,
Nebraska
| – | +$232 | +4 | New |
|
SPXL Hedge Fund Activity: Q4 2019 in Review
53 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q4 2019, worth a combined $108M — up 44% from $75.1M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new SPXL positions and 11 closed out — a net gain of 3 holders — while 9 added to existing stakes and 12 trimmed.
The largest buyer was Virtu Financial, adding an estimated $22.7M. The largest seller was AssetMark Inc, exiting entirely with an estimated $8.78M sold.
- 53 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q4 2019, up from 51 in Q3 2019.
- Funds reported $108M of Direxion Daily S&P 500 Bull 3x ETF stock for Q4 2019, up 44% quarter-over-quarter.
- 14 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q4 2019 and 11 closed out, a net change of +3 holders.
- The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q4 2019 was Virtu Financial, an estimated $22.7M added.
- The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q4 2019 was AssetMark Inc, an estimated $8.78M sold.
Based on aggregated 13F filings for Q4 2019.