Direxion Daily S&P 500 Bull 3x ETF
SPXL
143 hedge funds and large institutions have $1.61B invested in Direxion Daily S&P 500 Bull 3x ETF in 2024 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 42 increasing their positions, 46 reducing their positions, and 21 closing their positions.
71% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 21
36% more capital invested
Capital invested by funds: $1.18B → $1.61B (+$430M)
28% more call options, than puts
Call options by funds: $281M | Put options by funds: $219M
22% more funds holding in top 10
Funds holding in top 10: 9 → 11 (+2)
9% more funds holding
Funds holding: 131 → 143 (+12)
6.63% more ownership
Funds ownership: 23.64% → 30.27% (+6.6%)
9% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Howard Capital Management
Roswell,
Georgia
|
+$60M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$16.8M |
| 3 |
Jane Street
New York
|
+$15.8M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$12.2M |
| 5 |
G
Gainplan
Bloomfield Hills,
Michigan
|
+$8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$76.2M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
-$57.7M |
| 3 |
HCS
Himension Capital (Singapore)
Singapore
|
-$46.6M |
| 4 |
QC
Quadrature Capital
London,
United Kingdom
|
-$22.9M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$12M |
SPXL Hedge Fund Activity: Q4 2024 in Review
143 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q4 2024, worth a combined $1.61B — up 36% from $1.18B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new SPXL positions and 21 closed out — a net gain of 15 holders — while 42 added to existing stakes and 46 trimmed.
The largest buyer was Howard Capital Management, adding an estimated $60M. The largest seller was Tower Research Capital (TRC), cutting an estimated $76.2M.
- 143 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q4 2024, up from 131 in Q3 2024.
- Funds reported $1.61B of Direxion Daily S&P 500 Bull 3x ETF stock for Q4 2024, up 36% quarter-over-quarter.
- 36 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q4 2024 and 21 closed out, a net change of +15 holders.
- The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q4 2024 was Howard Capital Management, an estimated $60M added.
- The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q4 2024 was Tower Research Capital (TRC), an estimated $76.2M sold.
Based on aggregated 13F filings for Q4 2024.