Direxion Daily S&P 500 Bull 3x ETF
SPXL
31 hedge funds and large institutions have $49.5M invested in Direxion Daily S&P 500 Bull 3x ETF in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 14 reducing their positions, and 6 closing their positions.
34% more call options, than puts
Call options by funds: $45.8M | Put options by funds: $34.2M
0% less capital invested
Capital invested by funds: $49.6M → $49.5M (-$87.9K)
6% less funds holding
Funds holding: 33 → 31 (-2)
8.61% less ownership
Funds ownership: 53.8% → 45.19% (-8.6%)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
36% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 14
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$7.08M |
| 2 |
Two Sigma Advisers
New York
|
+$3.51M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.73M |
| 4 |
Barclays
London,
United Kingdom
|
+$2.56M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$8.77M |
| 2 |
JT
Jump Trading
Chicago,
Illinois
|
-$5.11M |
| 3 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$1.45M |
| 4 |
PSW
Portfolio Strategies (Washington)
Tacoma,
Washington
|
-$1.18M |
| 5 |
CPSAC
Chas P. Smith & Associates (CPS)
Lakeland,
Florida
|
-$1.07M |
SPXL Hedge Fund Activity: Q3 2014 in Review
31 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q3 2014, worth a combined $49.5M — down 0.18% from $49.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SPXL and 4 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 9 added.
The largest buyer was Two Sigma Investments, adding an estimated $7.08M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $8.77M sold.
- 31 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q3 2014, down from 33 in Q2 2014.
- Funds reported $49.5M of Direxion Daily S&P 500 Bull 3x ETF stock for Q3 2014, down 0.18% quarter-over-quarter.
- 4 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q3 2014 and 6 closed out, a net change of -2 holders.
- The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q3 2014 was Two Sigma Investments, an estimated $7.08M added.
- The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q3 2014 was Susquehanna International Group, an estimated $8.77M sold.
Based on aggregated 13F filings for Q3 2014.