Direxion Daily S&P 500 Bull 3x ETF
SPXL
92 hedge funds and large institutions have $425M invested in Direxion Daily S&P 500 Bull 3x ETF in 2022 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 23 increasing their positions, 17 reducing their positions, and 23 closing their positions.
79% more call options, than puts
Call options by funds: $90M | Put options by funds: $50.3M
43% more funds holding in top 10
Funds holding in top 10: 7 → 10 (+3)
35% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 17
30% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 23
28% more capital invested
Capital invested by funds: $331M → $425M (+$93.4M)
7% more funds holding
Funds holding: 86 → 92 (+6)
0.16% more ownership
Funds ownership: 16.64% → 16.8% (+0.16%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$54.1M |
| 2 |
HF
HRT Financial
New York
|
+$15.3M |
| 3 |
PA
Paragon Advisors
College Station,
Texas
|
+$14.5M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
+$12M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$8.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MS
Mizuho Securities
Tokyo,
Japan
|
-$134M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$27.5M |
| 3 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$12.8M |
| 4 |
JF
Jump Financial
Chicago,
Illinois
|
-$10.6M |
| 5 |
JC
JBF Capital
Aspen,
Colorado
|
-$9.16M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
101
Cumberland Advisors
Sarasota,
Florida
| – | -$2.55M | -47,520 | Closed |
|
|
QT
102
Quantbot Technologies
New York
| – | -$905K | -16,900 | Closed |
|
|
FTUS
103
Flow Traders U.S.
New York
| – | -$879K | -16,407 | Closed |
|
|
RC
104
RBF Capital
San Francisco,
California
| – | -$536K | -10,000 | Closed |
|
|
IC
105
Inscription Capital
Houston,
Texas
| – | -$321K | -6,000 | Closed |
|
|
ETIA
106
Epic Trust Investment Advisors
Richland,
Washington
| – | -$236K | -4,406 | Closed |
|
|
CP
107
Castleview Partners
Dallas,
Texas
| – | -$188K | -3,500 | Closed |
|
|
EIP
108
Ellis Investment Partners
Berwyn,
Pennsylvania
| – | -$99K | -1,850 | Closed |
|
109
Walleye Trading
New York
| – | -$57.5K | -891 | Closed |
|
|
LFG
110
Larson Financial Group
St Louis,
Missouri
| – | -$15K | -285 | Closed |
|
|
HR
111
Howe & Rusling
Rochester,
New York
| – | -$11K | -210 | Closed |
|
|
WWM
112
Wolff Wiese Magana
Carslbad,
California
| – | -$10K | -185 | Closed |
|
|
AWM
113
Abound Wealth Management
Franklin,
Tennessee
| – | -$108 | -2 | Closed |
|
114
Wells Fargo
San Francisco,
California
| – | -$65 | -1 | Closed |
|
SPXL Hedge Fund Activity: Q4 2022 in Review
92 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q4 2022, worth a combined $425M — up 28% from $331M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new SPXL positions and 23 closed out — a net gain of 7 holders — while 23 added to existing stakes and 17 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $54.1M. The largest seller was Mizuho Securities, exiting entirely with an estimated $134M sold.
- 92 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q4 2022, up from 86 in Q3 2022.
- Funds reported $425M of Direxion Daily S&P 500 Bull 3x ETF stock for Q4 2022, up 28% quarter-over-quarter.
- 30 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q4 2022 and 23 closed out, a net change of +7 holders.
- The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q4 2022 was Goldman Sachs, an estimated $54.1M added.
- The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q4 2022 was Mizuho Securities, an estimated $134M sold.
Based on aggregated 13F filings for Q4 2022.