Direxion Daily S&P 500 Bull 3x ETF
SPXL
36 hedge funds and large institutions have $48.8M invested in Direxion Daily S&P 500 Bull 3x ETF in 2015 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 3 reducing their positions, and 10 closing their positions.
500% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 3
30% more capital invested
Capital invested by funds: $37.5M → $48.8M (+$11.3M)
5.54% more ownership
Funds ownership: 31.86% → 37.4% (+5.5%)
0% more funds holding
Funds holding: 36 → 36 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
55% less call options, than puts
Call options by funds: $38.8M | Put options by funds: $86.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$15.4M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$5.4M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$4.16M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$3.08M |
| 5 |
Citigroup
New York
|
+$2.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tuttle Capital Management
Riverside,
Connecticut
|
-$13.4M |
| 2 |
Barclays
London,
United Kingdom
|
-$1.95M |
| 3 |
JP Morgan Chase
New York
|
-$973K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$806K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$378K |
SPXL Hedge Fund Activity: Q3 2015 in Review
36 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q3 2015, worth a combined $48.8M — up 30% from $37.5M a quarter earlier.
Fund positioning in SPXL was balanced in Q3 2015: 10 funds opened new positions, 10 closed out, 18 added to existing stakes and 3 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $15.4M. The largest seller was Tuttle Capital Management, exiting entirely with an estimated $13.4M sold.
- 36 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q3 2015, unchanged from Q2 2015.
- Funds reported $48.8M of Direxion Daily S&P 500 Bull 3x ETF stock for Q3 2015, up 30% quarter-over-quarter.
- 10 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q3 2015 and 10 closed out, a net change of 0 holders.
- The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q3 2015 was Virtu Financial, an estimated $15.4M added.
- The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q3 2015 was Tuttle Capital Management, an estimated $13.4M sold.
Based on aggregated 13F filings for Q3 2015.