Direxion Daily S&P 500 Bull 3x ETF
SPXL
100 hedge funds and large institutions have $299M invested in Direxion Daily S&P 500 Bull 3x ETF in 2021 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 20 increasing their positions, 29 reducing their positions, and 11 closing their positions.
218% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 11
125% more funds holding in top 10
Funds holding in top 10: 4 → 9 (+5)
45% more capital invested
Capital invested by funds: $207M → $299M (+$92.5M)
34% more call options, than puts
Call options by funds: $277M | Put options by funds: $207M
32% more funds holding
Funds holding: 76 → 100 (+24)
1.25% less ownership
Funds ownership: 9.29% → 8.04% (-1.3%)
31% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$21.7M |
| 2 |
Simplex Trading
Chicago,
Illinois
|
+$14.3M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$7.03M |
| 4 |
MS
Mizuho Securities
Tokyo,
Japan
|
+$4.78M |
| 5 |
SCA
Sassicaia Capital Advisers
Jericho,
New York
|
+$3.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JF
Jump Financial
Chicago,
Illinois
|
-$61.5M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$9.47M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$8.39M |
| 4 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
-$6.69M |
| 5 |
DS
DRW Securities
Chicago,
Illinois
|
-$5.67M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Squarepoint
New York
| – | -$1.48M | -13,792 | Closed |
|
|
TMC
102
Trellus Management Company
Delray Beach,
Florida
| – | -$1.44M | -13,500 | Closed |
|
|
TSS
103
Two Sigma Securities
New York
| – | -$1.41M | -13,163 | Closed |
|
104
Wolverine Trading
Chicago,
Illinois
| – | -$1.4M | -12,577 | Closed |
|
|
VF
105
Virtu Financial
New York
| – | -$1.15M | -10,784 | Closed |
|
|
MW
106
Marks Wealth
Annapolis,
Maryland
| – | -$353K | -3,300 | Closed |
|
107
Vontobel Holding
Zurich,
Switzerland
| – | -$181K | -1,689 | Closed |
|
|
AWA
108
Arkadios Wealth Advisors
Atlanta,
Georgia
| – | -$80K | -750 | Closed |
|
|
HR
109
Howe & Rusling
Rochester,
New York
| – | -$4K | -40 | Closed |
|
|
AWM
110
Activest Wealth Management
Aventure,
Florida
| – | -$1K | -5 | Closed |
|
|
JRFS
111
James Reed Financial Services
Cleveland,
Ohio
| – | +$260 | +2 | New |
|
SPXL Hedge Fund Activity: Q4 2021 in Review
100 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q4 2021, worth a combined $299M — up 45% from $207M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new SPXL positions and 11 closed out — a net gain of 24 holders — while 20 added to existing stakes and 29 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $21.7M. The largest seller was Jump Financial, cutting an estimated $61.5M.
- 100 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q4 2021, up from 76 in Q3 2021.
- Funds reported $299M of Direxion Daily S&P 500 Bull 3x ETF stock for Q4 2021, up 45% quarter-over-quarter.
- 35 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q4 2021 and 11 closed out, a net change of +24 holders.
- The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q4 2021 was Citadel Advisors, an estimated $21.7M added.
- The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q4 2021 was Jump Financial, an estimated $61.5M sold.
Based on aggregated 13F filings for Q4 2021.