We are live on ! Find out more
SPXL icon

Direxion Daily S&P 500 Bull 3x ETF

25 hedge funds and large institutions have $38.7M invested in Direxion Daily S&P 500 Bull 3x ETF in 2013 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 2 increasing their positions, 11 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 7

0% more funds holding

Funds holding: 2525 (0)

12% less capital invested

Capital invested by funds: $43.7M → $38.7M (-$5.05M)

13.28% less ownership

Funds ownership: 76.37%63.09% (-13%)

16% less call options, than puts

Call options by funds: $8.76M | Put options by funds: $10.4M

82% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 11

Holders
25
Holders Change
Holders Change %
0%
% of All Funds
0.81%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
8
Increased
2
Reduced
11
Closed
7
Calls
$8.76M
Puts
$10.4M
Net Calls
-$1.61M
Net Calls Change
-$10.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Envestnet Asset Management
1
Envestnet Asset Management
Illinois
$8.44M -$3.08M -260,392 -27%
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$5.85M -$656K -55,460 -10%
AT
3
Allston Trading
Illinois
$4.29M +$4.22M +357,004 New
Susquehanna International Group
4
Susquehanna International Group
Pennsylvania
$4.27M -$257K -21,732 -6%
Deutsche Bank
5
Deutsche Bank
Germany
$2.4M -$7.09M -600,012 -75%
LTFS
6
Ladenburg Thalmann Financial Services
Florida
$2.3M -$942K -79,684 -29%
TH
7
Timber Hill
Connecticut
$1.97M +$270K +22,800 +16%
Cambridge Investment Research Advisors
8
Cambridge Investment Research Advisors
Iowa
$1.88M -$130K -11,020 -7%
SG Americas Securities
9
SG Americas Securities
New York
$1.75M +$33.5K +2,832 +2%
GCT
10
Galaxy Capital Trading
British Virgin Islands
$1.01M +$993K +84,000 New
WAM
11
Wolverine Asset Management
Illinois
$957K -$3.73M -315,840 -80%
CPSAC
12
Chas P. Smith & Associates (CPS)
Florida
$812K -$109K -9,244 -12%
AC
13
AFAM Capital
Texas
$719K -$145K -12,236 -17%
AWCI
14
Alpine Woods Capital Investors
New York
$480K +$473K +40,000 New
Franklin Resources
15
Franklin Resources
California
$404K
CA
16
Commerzbank Aktiengesellschaft
Germany
$312K +$307K +26,000 New
LPL Financial
17
LPL Financial
California
$284K -$156K -13,200 -37%
VKH
18
Virtu KCG Holdings
New York
$216K +$213K +17,980 New
RIA
19
Regal Investment Advisors
Michigan
$151K +$149K +12,584 New
Bank of America
20
Bank of America
North Carolina
$72K
WA
21
WFG Advisors
Texas
$65K -$33.7K -2,848 -34%
MA
22
MUFG Americas
New York
$14K +$14.2K +1,200 New
AIG
23
American International Group
New York
$7.21K
Northwestern Mutual Wealth Management
24
Northwestern Mutual Wealth Management
Wisconsin
$7K +$6.62K +560 New
U
25
UBS
Switzerland
$5K

SPXL Hedge Fund Activity: Q3 2013 in Review

25 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q3 2013, worth a combined $38.7M — down 12% from $43.7M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new SPXL positions and 7 closed out — a net gain of 1 holder — while 2 added to existing stakes and 11 trimmed.

The largest buyer was Allston Trading, opening a new position worth an estimated $4.22M. The largest seller was Deutsche Bank, cutting an estimated $7.09M.

  • 25 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q3 2013, unchanged from Q2 2013.
  • Funds reported $38.7M of Direxion Daily S&P 500 Bull 3x ETF stock for Q3 2013, down 12% quarter-over-quarter.
  • 8 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q3 2013 and 7 closed out, a net change of +1 holder.
  • The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q3 2013 was Allston Trading, an estimated $4.22M added.
  • The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q3 2013 was Deutsche Bank, an estimated $7.09M sold.

Based on aggregated 13F filings for Q3 2013.