Direxion Daily S&P 500 Bull 3x ETF
SPXL
109 hedge funds and large institutions have $567M invested in Direxion Daily S&P 500 Bull 3x ETF in 2023 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 25 increasing their positions, 33 reducing their positions, and 21 closing their positions.
147% more call options, than puts
Call options by funds: $185M | Put options by funds: $74.7M
67% more funds holding in top 10
Funds holding in top 10: 6 → 10 (+4)
48% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 21
32% more capital invested
Capital invested by funds: $428M → $567M (+$138M)
8% more funds holding
Funds holding: 101 → 109 (+8)
0.24% more ownership
Funds ownership: 13.94% → 14.19% (+0.24%)
24% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$64.1M |
| 2 |
RAM
Revere Asset Management
Dallas,
Texas
|
+$11.5M |
| 3 |
VF
Virtu Financial
New York
|
+$9.6M |
| 4 |
GCIM
Gunn & Company Investment Management
Jacksonville,
Florida
|
+$4.6M |
| 5 |
OCM
Ogborne Capital Management
San Francisco,
California
|
+$4.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
-$21.3M |
| 2 |
HCM
Howard Capital Management
Roswell,
Georgia
|
-$20.3M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$18.7M |
| 4 |
PIS
PPSC Investment Service
Tokyo,
Japan
|
-$9.87M |
| 5 |
G
Gainplan
Bloomfield Hills,
Michigan
|
-$6.63M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIS
126
Sound Income Strategies
Ft Lauderdale,
Florida
| – | -$90.1K | -1,152 | Closed |
|
|
PCA
127
Providence Capital Advisors
Charlotte,
North Carolina
| – | -$78.2K | -1,000 | Closed |
|
|
CAS
128
Coppell Advisory Solutions
Coppell,
Texas
| – | -$37.2K | -599 | Closed |
|
|
SIS
129
Strategic Investment Solutions
Orland Park,
Illinois
| – | -$17.6K | -200 | Closed |
|
|
PFBT
130
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$861 | -11 | Closed |
|
131
Fidelity Investments
Boston,
Massachusetts
| – | -$156 | -2 | Closed |
|
|
WWP
132
WR Wealth Planners
Columbia,
Missouri
| – | -$79 | -1 | Closed |
|
SPXL Hedge Fund Activity: Q4 2023 in Review
109 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q4 2023, worth a combined $567M — up 32% from $428M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new SPXL positions and 21 closed out — a net gain of 10 holders — while 25 added to existing stakes and 33 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $64.1M. The largest seller was IMC Chicago, exiting entirely with an estimated $21.3M sold.
- 109 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q4 2023, up from 101 in Q3 2023.
- Funds reported $567M of Direxion Daily S&P 500 Bull 3x ETF stock for Q4 2023, up 32% quarter-over-quarter.
- 31 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q4 2023 and 21 closed out, a net change of +10 holders.
- The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q4 2023 was Jane Street, an estimated $64.1M added.
- The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q4 2023 was IMC Chicago, an estimated $21.3M sold.
Based on aggregated 13F filings for Q4 2023.