Direxion Daily S&P 500 Bull 3x ETF
SPXL
40 hedge funds and large institutions have $54.5M invested in Direxion Daily S&P 500 Bull 3x ETF in 2014 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 6 increasing their positions, 12 reducing their positions, and 9 closing their positions.
111% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 9
29% more funds holding
Funds holding: 31 → 40 (+9)
15% more call options, than puts
Call options by funds: $89.5M | Put options by funds: $77.8M
10% more capital invested
Capital invested by funds: $49.5M → $54.5M (+$5.01M)
10.37% less ownership
Funds ownership: 45.19% → 34.82% (-10%)
50% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$6.08M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.09M |
| 3 |
Barclays
London,
United Kingdom
|
+$2.05M |
| 4 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$1.32M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
-$10.9M |
| 2 |
Two Sigma Advisers
New York
|
-$2.75M |
| 3 |
PSW
Portfolio Strategies (Washington)
Tacoma,
Washington
|
-$2.23M |
| 4 |
VF
Virtu Financial
New York
|
-$1M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$815K |
SPXL Hedge Fund Activity: Q4 2014 in Review
40 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q4 2014, worth a combined $54.5M — up 10% from $49.5M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new SPXL positions and 9 closed out — a net gain of 10 holders — while 6 added to existing stakes and 12 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $6.08M. The largest seller was Two Sigma Investments, cutting an estimated $10.9M.
- 40 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q4 2014, up from 31 in Q3 2014.
- Funds reported $54.5M of Direxion Daily S&P 500 Bull 3x ETF stock for Q4 2014, up 10% quarter-over-quarter.
- 19 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q4 2014 and 9 closed out, a net change of +10 holders.
- The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q4 2014 was Susquehanna International Group, an estimated $6.08M added.
- The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q4 2014 was Two Sigma Investments, an estimated $10.9M sold.
Based on aggregated 13F filings for Q4 2014.