Direxion Daily S&P 500 Bull 3x ETF
SPXL
81 hedge funds and large institutions have $487M invested in Direxion Daily S&P 500 Bull 3x ETF in 2022 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 36 increasing their positions, 14 reducing their positions, and 28 closing their positions.
157% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 14
66% more capital invested
Capital invested by funds: $293M → $487M (+$194M)
48% more call options, than puts
Call options by funds: $79.9M | Put options by funds: $54M
5.83% more ownership
Funds ownership: 8.93% → 14.76% (+5.8%)
14% less funds holding
Funds holding: 94 → 81 (-13)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
39% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MS
Mizuho Securities
Tokyo,
Japan
|
+$145M |
| 2 |
NAM
Nexpoint Asset Management
Dallas,
Texas
|
+$23.8M |
| 3 |
JF
Jump Financial
Chicago,
Illinois
|
+$22.5M |
| 4 |
Goldman Sachs
New York
|
+$17.6M |
| 5 |
WA
Wealthstar Advisors
Plano,
Texas
|
+$16.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$15.5M |
| 2 |
CG
Cutler Group
San Francisco,
California
|
-$10.8M |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
-$8.58M |
| 4 |
Jane Street
New York
|
-$3.75M |
| 5 |
CCM
Coldstream Capital Management
Bellevue,
Washington
|
-$3.59M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WCG
101
Weaver Consulting Group
Huntington Beach,
California
| – | -$281K | -2,348 | Closed |
|
|
NICM
102
Neo Ivy Capital Management
New York
| – | -$252K | -2,100 | Closed |
|
|
IAN
103
Integrated Advisors Network
Dallas,
Texas
| – | -$233K | -1,946 | Closed |
|
104
Parallax Volatility Advisers
San Francisco,
California
| – | -$206K | -1,716 | Closed |
|
|
BIP
105
Blueprint Investment Partners
Greensboro,
North Carolina
| – | -$102K | -848 | Closed |
|
|
SPWM
106
Spartan Planning & Wealth Management
Greensboro,
North Carolina
| – | -$55K | -461 | Closed |
|
|
JGIA
107
Jackson Grant Investment Advisers
Stamford,
Connecticut
| – | -$12K | -100 | Closed |
|
|
BWL
108
Bogart Wealth LLC
Mclean,
Virginia
| – | -$2.46K | -28 | -97% |
|
|
PFA
109
Professional Financial Advisors
North Platte,
Nebraska
| – | -$1K | -10 | Closed |
|
SPXL Hedge Fund Activity: Q2 2022 in Review
81 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q2 2022, worth a combined $487M — up 66% from $293M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of SPXL and 17 opened new positions — a net loss of 11 holders — while 14 trimmed existing stakes and 36 added.
The largest buyer was Mizuho Securities, adding an estimated $145M. The largest seller was UBS Group, cutting an estimated $15.5M.
- 81 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q2 2022, down from 94 in Q1 2022.
- Funds reported $487M of Direxion Daily S&P 500 Bull 3x ETF stock for Q2 2022, up 66% quarter-over-quarter.
- 17 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q2 2022 and 28 closed out, a net change of -11 holders.
- The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q2 2022 was Mizuho Securities, an estimated $145M added.
- The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q2 2022 was UBS Group, an estimated $15.5M sold.
Based on aggregated 13F filings for Q2 2022.