Direxion Daily S&P 500 Bull 3x ETF
SPXL
43 hedge funds and large institutions have $41.1M invested in Direxion Daily S&P 500 Bull 3x ETF in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 16 reducing their positions, and 11 closing their positions.
16% more call options, than puts
Call options by funds: $139M | Put options by funds: $120M
4.25% more ownership
Funds ownership: 24.92% → 29.17% (+4.3%)
5% less capital invested
Capital invested by funds: $43.1M → $41.1M (-$1.98M)
6% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 16
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
2% less funds holding
Funds holding: 44 → 43 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$3.52M |
| 2 |
JT
Jump Trading
Chicago,
Illinois
|
+$2.66M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$1.83M |
| 4 |
CT
CMT Trading
Chicago,
Illinois
|
+$1.26M |
| 5 |
Morgan Stanley
New York
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.13M |
| 2 |
GA
GFS Advisors
Houston,
Texas
|
-$3.47M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.1M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.89M |
| 5 |
GA
Geneva Advisors
Chicago,
Illinois
|
-$2.05M |
SPXL Hedge Fund Activity: Q1 2016 in Review
43 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q1 2016, worth a combined $41.1M — down 4.6% from $43.1M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SPXL and 10 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 15 added.
The largest buyer was Barclays, opening a new position worth an estimated $3.52M. The largest seller was Royal Bank of Canada, cutting an estimated $4.13M.
- 43 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q1 2016, down from 44 in Q4 2015.
- Funds reported $41.1M of Direxion Daily S&P 500 Bull 3x ETF stock for Q1 2016, down 4.6% quarter-over-quarter.
- 10 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q1 2016 and 11 closed out, a net change of -1 holder.
- The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q1 2016 was Barclays, an estimated $3.52M added.
- The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q1 2016 was Royal Bank of Canada, an estimated $4.13M sold.
Based on aggregated 13F filings for Q1 2016.