Direxion Daily S&P 500 Bull 3x ETF
SPXL
76 hedge funds and large institutions have $207M invested in Direxion Daily S&P 500 Bull 3x ETF in 2021 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 19 increasing their positions, 23 reducing their positions, and 15 closing their positions.
16% more call options, than puts
Call options by funds: $205M | Put options by funds: $177M
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 15
3% less funds holding
Funds holding: 78 → 76 (-2)
2.61% less ownership
Funds ownership: 11.9% → 9.29% (-2.6%)
16% less capital invested
Capital invested by funds: $246M → $207M (-$39.8M)
17% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JF
Jump Financial
Chicago,
Illinois
|
+$74.5M |
| 2 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
+$10.8M |
| 3 |
DS
DRW Securities
Chicago,
Illinois
|
+$6.15M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$6.14M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$3.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$62.1M |
| 2 |
KFS
Kelly Financial Services
Braintree,
Massachusetts
|
-$58.1M |
| 3 |
HF
HRT Financial
New York
|
-$4.49M |
| 4 |
WA
Wealthstar Advisors
Plano,
Texas
|
-$4.49M |
| 5 |
G
Gainplan
Bloomfield Hills,
Michigan
|
-$3.7M |
SPXL Hedge Fund Activity: Q3 2021 in Review
76 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q3 2021, worth a combined $207M — down 16% from $246M a quarter earlier.
Fund positioning in SPXL was balanced in Q3 2021: 15 funds opened new positions, 15 closed out, 19 added to existing stakes and 23 trimmed.
The largest buyer was Jump Financial, opening a new position worth an estimated $74.5M. The largest seller was Susquehanna International Group, cutting an estimated $62.1M.
- 76 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q3 2021, down from 78 in Q2 2021.
- Funds reported $207M of Direxion Daily S&P 500 Bull 3x ETF stock for Q3 2021, down 16% quarter-over-quarter.
- 15 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q3 2021 and 15 closed out, a net change of 0 holders.
- The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q3 2021 was Jump Financial, an estimated $74.5M added.
- The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q3 2021 was Susquehanna International Group, an estimated $62.1M sold.
Based on aggregated 13F filings for Q3 2021.