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Direxion Daily S&P 500 Bull 3x ETF
SPXL

78 hedge funds and large institutions have $246M invested in Direxion Daily S&P 500 Bull 3x ETF in 2021 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 16 increasing their positions, 23 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more funds holding in top 10

Funds holding in top 10: 1 → 4 (+3)

237% more capital invested

Capital invested by funds: $73.1M → $246M (+$173M)

43% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 14

15% more call options, than puts

Call options by funds: $171M | Put options by funds: $149M

7.27% more ownership

Funds ownership: 4.63% → 11.9% (+7.3%)

5% more funds holding

Funds holding: 74 → 78 (+4)

30% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 23

Holders
78
Holders Change
+4
Holders Change %
+5.41%
% of All Funds
1.36%
Holding in Top 10
4
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+300%
% of All Funds
0.07%
New
20
Increased
16
Reduced
23
Closed
14
Calls
$171M
Puts
$149M
Net Calls
+$22.1M
Net Calls Change
+$21.2M

Top Buyers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$67.6M
2
KFS
Kelly Financial Services
Massachusetts
+$49.3M
3
WAM
Wolverine Asset Management
Illinois
+$4.48M
4
Citadel Advisors
Citadel Advisors
Florida
+$4.35M
5
HF
HRT Financial
New York
+$4.15M

Top Sellers

Rank Fund Capital Flow
1
Wolverine Trading
Wolverine Trading
Illinois
-$3.84M
2
Morgan Stanley
Morgan Stanley
New York
-$3.26M
3
JF
Jump Financial
Illinois
-$3.11M
4
CG
Cutler Group
California
-$2.08M
5
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$1.52M
Name Holding Trade Value Shares
Change 		Change in
Stake
BAIA
51
Bel Air Investment Advisors
California
$284K – – –
MS
52
Mizuho Securities
Japan
$284K +$254K +2,577 +2,832%
BCM
53
Brookstone Capital Management
Illinois
$233K +$205K +2,082 New
Two Sigma Investments
54
Two Sigma Investments
New York
$231K +$214K +2,170 New
IWS
55
Insight Wealth Strategies
California
$228K -$51.3K -520 -20%
OMC
56
Old Mission Capital
Illinois
$225K +$208K +2,110 New
IBOK
57
Independence Bank of Kentucky
Kentucky
$224K -$9.86K -100 -5%
Wells Fargo
58
Wells Fargo
California
$215K +$199K +2,019 New
SIS
59
Sound Income Strategies
Florida
$186K -$21.5K -218 -11%
NICM
60
Neo Ivy Capital Management
New York
$112K – – –
AWA
61
Arkadios Wealth Advisors
Georgia
$79K – – –
JFGIW
62
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$61K – – –
JP Morgan Chase
63
JP Morgan Chase
New York
$56K -$52.8K -535 -51%
CWA
64
Clearview Wealth Advisors
Oregon
$51K – – –
HNB
65
Huntington National Bank
Ohio
$47K – – –
Royal Bank of Canada
66
Royal Bank of Canada
Ontario, Canada
$40K – – –
CWC
67
Carolinas Wealth Consulting
North Carolina
$39K +$36.5K +370 New
RA
68
Resolute Advisors
California
$25K +$23.5K +238 New
Barclays
69
Barclays
United Kingdom
$14K -$1.1M -11,163 -99%
WWMSC
70
Wagner Wealth Management (South Carolina)
South Carolina
$14K – – –
PA
71
Parallel Advisors
California
$13K – – –
FDCDDQ
72
Federation des caisses Desjardins du Quebec
Quebec, Canada
$10.7K – – –
APA
73
American Portfolios Advisors
New York
$9.58K – – –
Carson Wealth (CWM LLC)
74
Carson Wealth (CWM LLC)
Nebraska
$9K – – –
CC
75
Cypress Capital
Tennessee
$5K – – –
1 2
3
4

SPXL Hedge Fund Activity: Q2 2021 in Review

78 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q2 2021, worth a combined $246M — up 237% from $73.1M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new SPXL positions and 14 closed out — a net gain of 6 holders — while 16 added to existing stakes and 23 trimmed.

The largest buyer was Susquehanna International Group, adding an estimated $67.6M. The largest seller was Wolverine Trading, exiting entirely with an estimated $3.84M sold.

  • 78 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q2 2021, up from 74 in Q1 2021.
  • Funds reported $246M of Direxion Daily S&P 500 Bull 3x ETF stock for Q2 2021, up 237% quarter-over-quarter.
  • 20 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q2 2021 and 14 closed out, a net change of +6 holders.
  • The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q2 2021 was Susquehanna International Group, an estimated $67.6M added.
  • The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q2 2021 was Wolverine Trading, an estimated $3.84M sold.

Based on aggregated 13F filings for Q2 2021.