Direxion Daily S&P 500 Bull 3x ETF
SPXL
78 hedge funds and large institutions have $120M invested in Direxion Daily S&P 500 Bull 3x ETF in 2020 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 19 increasing their positions, 22 reducing their positions, and 8 closing their positions.
225% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 8
100% more capital invested
Capital invested by funds: $60.2M → $120M (+$60M)
99% more call options, than puts
Call options by funds: $323M | Put options by funds: $162M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
30% more funds holding
Funds holding: 60 → 78 (+18)
2.89% more ownership
Funds ownership: 4.17% → 7.06% (+2.9%)
14% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$22.7M |
| 2 |
G
Gainplan
Bloomfield Hills,
Michigan
|
+$11.3M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$7.53M |
| 4 |
Morgan Stanley
New York
|
+$3.06M |
| 5 |
LSA
Lion Street Advisors
Austin,
Texas
|
+$2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PA
Paracle Advisors
Mercer Island,
Washington
|
-$8.79M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.52M |
| 3 |
VF
Virtu Financial
New York
|
-$2.47M |
| 4 |
Jane Street
New York
|
-$2.21M |
| 5 |
CG
Cutler Group
San Francisco,
California
|
-$1.86M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
76
Advisory Services Network
Atlanta,
Georgia
| $1K | +$681 | +11 | New |
|
|
EIP
77
Ellis Investment Partners
Berwyn,
Pennsylvania
| $1K | +$1.24K | +20 | New |
|
|
WAM
78
Wolverine Asset Management
Chicago,
Illinois
| – | -$2.52M | -40,633 | Closed |
|
|
CG
79
Cutler Group
San Francisco,
California
| – | -$1.86M | -30,110 | Closed |
|
80
SG Americas Securities
New York
| – | -$1.28M | -24,402 | Closed |
|
|
IA
81
Icon Advisers
Greenwood Village,
Colorado
| – | -$1.06M | -20,058 | Closed |
|
|
SCM
82
Shelton Capital Management
Denver,
Colorado
| – | -$953K | -18,094 | Closed |
|
|
SHIM
83
Stone House Investment Management
Tunkhannock,
Pennsylvania
| – | -$456K | -8,656 | Closed |
|
|
LFG
84
Larson Financial Group
St Louis,
Missouri
| – | -$51K | -961 | Closed |
|
|
FP
85
Financial Perspectives
Minneapolis,
Minnesota
| – | -$1.37K | -26 | Closed |
|
86
Wells Fargo
San Francisco,
California
| – | +$124 | +2 | +200% |
|
SPXL Hedge Fund Activity: Q4 2020 in Review
78 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q4 2020, worth a combined $120M — up 100% from $60.2M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new SPXL positions and 8 closed out — a net gain of 18 holders — while 19 added to existing stakes and 22 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $22.7M. The largest seller was Paracle Advisors, cutting an estimated $8.79M.
- 78 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q4 2020, up from 60 in Q3 2020.
- Funds reported $120M of Direxion Daily S&P 500 Bull 3x ETF stock for Q4 2020, up 100% quarter-over-quarter.
- 26 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q4 2020 and 8 closed out, a net change of +18 holders.
- The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q4 2020 was Susquehanna International Group, an estimated $22.7M added.
- The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q4 2020 was Paracle Advisors, an estimated $8.79M sold.
Based on aggregated 13F filings for Q4 2020.