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Direxion Daily S&P 500 Bull 3x ETF
SPXL

73 hedge funds and large institutions have $98.9M invested in Direxion Daily S&P 500 Bull 3x ETF in 2020 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 16 increasing their positions, 8 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

135% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 17

100% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 8

38% more funds holding

Funds holding: 53 → 73 (+20)

14% more call options, than puts

Call options by funds: $88.7M | Put options by funds: $77.6M

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

1.22% less ownership

Funds ownership: 9.69% → 8.48% (-1.2%)

8% less capital invested

Capital invested by funds: $108M → $98.9M (-$9.13M)

Holders
73
Holders Change
+20
Holders Change %
+37.74%
% of All Funds
1.61%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.07%
New
40
Increased
16
Reduced
8
Closed
17
Calls
$88.7M
Puts
$77.6M
Net Calls
+$11.1M
Net Calls Change
+$158M

Top Buyers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$31.9M
2
WA
Wealthstar Advisors
Texas
+$28.4M
3
IWP
Insight Wealth Partners
Texas
+$25.7M
4
Citadel Advisors
Citadel Advisors
Florida
+$19M
5
WAM
Wolverine Asset Management
Illinois
+$18.4M

Top Sellers

Rank Fund Capital Flow
1
IMC Chicago
IMC Chicago
Illinois
-$9.83M
2
TCM
Traynor Capital Management
Pennsylvania
-$6.15M
3
Simplex Trading
Simplex Trading
Illinois
-$5.86M
4
CG
Cutler Group
California
-$2.02M
5
MHS
M Holdings Securities
Oregon
-$1.09M
Name Holding Trade Value Shares
Change 		Change in
Stake
CAC
51
Certified Advisory Corp
Florida
$26K +$56.3K +1,000 New
SFS
52
Sowell Financial Services
Arkansas
$24K +$50.6K +899 +8,173%
PCG
53
Private Capital Group
Connecticut
$22K – – –
AF
54
Allworth Financial
California
$22K +$48.2K +856 New
VFA
55
Valeo Financial Advisors
Indiana
$19K – – –
BWA
56
BDO Wealth Advisors
Florida
$10K +$22.3K +396 New
Carson Wealth (CWM LLC)
57
Carson Wealth (CWM LLC)
Nebraska
$9K – – –
William Blair & Company
58
William Blair & Company
Illinois
$9K +$11.3K +200 +133%
GEA
59
Glen Eagle Advisors
New Jersey
$8.28K +$17.9K +318 New
CDIA
60
Capital Directions Investment Advisors
Georgia
$5K +$10K +178 New
SWM
61
Selective Wealth Management
Virginia
$3K +$5.63K +100 New
PA
62
Parallel Advisors
California
$3K +$6.98K +124 New
HS
63
Horan Securities
United States
$3K +$7.49K +133 New
APA
64
American Portfolios Advisors
New York
$2.33K – – –
MF
65
Manchester Financial
California
$2K +$3.38K +60 New
RFA
66
Reilly Financial Advisors
California
$1K -$20.3K -360 -90%
FWM
67
FSA Wealth Management
Massachusetts
$1K +$3.1K +55 New
FP
68
Financial Perspectives
Minnesota
$677 +$1.46K +26 New
IMC Chicago
69
IMC Chicago
Illinois
– -$9.83M -148,771 Closed
CG
70
Cutler Group
California
– -$2.02M -35,919 Closed
MHS
71
M Holdings Securities
Oregon
– -$1.09M -16,500 Closed
Renaissance Technologies
72
Renaissance Technologies
New York
– -$767K -11,600 Closed
BFG
73
Bouchey Financial Group
New York
– -$747K -11,302 Closed
SFS
74
Summit Financial Strategies
Ohio
– -$338K -5,120 Closed
CIBC Private Wealth Group
75
CIBC Private Wealth Group
Georgia
– -$333K -5,038 Closed
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SPXL Hedge Fund Activity: Q1 2020 in Review

73 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q1 2020, worth a combined $98.9M — down 8.5% from $108M a quarter earlier.

Buyers outnumbered sellers: 40 funds opened new SPXL positions and 17 closed out — a net gain of 23 holders — while 16 added to existing stakes and 8 trimmed.

The largest buyer was Susquehanna International Group, adding an estimated $31.9M. The largest seller was IMC Chicago, exiting entirely with an estimated $9.83M sold.

  • 73 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q1 2020, up from 53 in Q4 2019.
  • Funds reported $98.9M of Direxion Daily S&P 500 Bull 3x ETF stock for Q1 2020, down 8.5% quarter-over-quarter.
  • 40 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q1 2020 and 17 closed out, a net change of +23 holders.
  • The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q1 2020 was Susquehanna International Group, an estimated $31.9M added.
  • The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q1 2020 was IMC Chicago, an estimated $9.83M sold.

Based on aggregated 13F filings for Q1 2020.