We are live on ! Find out more
SPXL icon

Direxion Daily S&P 500 Bull 3x ETF
SPXL

42 hedge funds and large institutions have $59.6M invested in Direxion Daily S&P 500 Bull 3x ETF in 2016 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 10 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 10

11% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 9

11% more capital invested

Capital invested by funds: $53.7M → $59.6M (+$5.95M)

2% more funds holding

Funds holding: 41 → 42 (+1)

4.36% less ownership

Funds ownership: 48.09% → 43.74% (-4.4%)

36% less call options, than puts

Call options by funds: $131M | Put options by funds: $204M

Holders
42
Holders Change
+1
Holders Change %
+2.44%
% of All Funds
1.05%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
10
Increased
17
Reduced
10
Closed
9
Calls
$131M
Puts
$204M
Net Calls
-$72.5M
Net Calls Change
-$33.5M

Top Buyers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$6.89M
2
DS
DRW Securities
Illinois
+$4.72M
3
WAM
Wolverine Asset Management
Illinois
+$2.32M
4
Two Sigma Advisers
Two Sigma Advisers
New York
+$1.47M
5
Barclays
Barclays
United Kingdom
+$1.4M

Top Sellers

Rank Fund Capital Flow
1
TRCT
Tower Research Capital (TRC)
New York
-$6.32M
2
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$2.95M
3
Cambridge Investment Research Advisors
Cambridge Investment Research Advisors
Iowa
-$2.68M
4
Two Sigma Investments
Two Sigma Investments
New York
-$2.21M
5
VF
Virtu Financial
New York
-$2.17M
Name Holding Trade Value Shares
Change 		Change in
Stake
Susquehanna International Group
1
Susquehanna International Group
Pennsylvania
$7.44M +$6.89M +276,324 New
DS
2
DRW Securities
Illinois
$6.18M +$4.72M +188,984 +468%
Goldman Sachs
3
Goldman Sachs
New York
$5.47M -$500K -20,044 -9%
GA
4
GFS Advisors
Texas
$4.51M – – –
Two Sigma Advisers
5
Two Sigma Advisers
New York
$3.4M +$1.47M +58,800 +87%
Barclays
6
Barclays
United Kingdom
$3.25M +$1.4M +55,932 +87%
Wolverine Trading
7
Wolverine Trading
Illinois
$3.04M +$160K +6,408 +6%
TCM
8
Traynor Capital Management
Pennsylvania
$2.83M -$222K -8,912 -8%
BNP Paribas Financial Markets
9
BNP Paribas Financial Markets
France
$2.54M – – –
WAM
10
Wolverine Asset Management
Illinois
$2.51M +$2.32M +93,048 New
TH
11
Timber Hill
Connecticut
$2.28M +$1.16M +46,472 +122%
PSW
12
Portfolio Strategies (Washington)
Washington
$2.22M +$2.05M +82,248 New
Simplex Trading
13
Simplex Trading
Illinois
$1.91M -$195K -7,804 -10%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$1.62M +$489K +19,600 +49%
Parallax Volatility Advisers
15
Parallax Volatility Advisers
California
$1.26M +$52.2K +2,092 +5%
HighTower Advisors
16
HighTower Advisors
Illinois
$1.22M +$72.9K +2,920 +7%
FTUS
17
Flow Traders U.S.
New York
$954K +$883K +35,408 New
FHC
18
First Heartland Consultants
Missouri
$746K – – –
LTFS
19
Ladenburg Thalmann Financial Services
Florida
$695K +$50.7K +2,032 +9%
Jane Street
20
Jane Street
New York
$620K -$693K -27,772 -55%
AC
21
AFAM Capital
Texas
$518K +$110K +4,400 +30%
Morgan Stanley
22
Morgan Stanley
New York
$508K +$158K +6,332 +51%
SBL
23
Sargent Bickham Lagudis
Colorado
$453K – – –
Citadel Advisors
24
Citadel Advisors
Florida
$419K -$956K -38,328 -71%
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$355K +$7.68K +308 +2%
1
2 3

SPXL Hedge Fund Activity: Q4 2016 in Review

42 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q4 2016, worth a combined $59.6M — up 11% from $53.7M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new SPXL positions and 9 closed out — a net gain of 1 holder — while 17 added to existing stakes and 10 trimmed.

The largest buyer was Susquehanna International Group, opening a new position worth an estimated $6.89M. The largest seller was Tower Research Capital (TRC), cutting an estimated $6.32M.

  • 42 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q4 2016, up from 41 in Q3 2016.
  • Funds reported $59.6M of Direxion Daily S&P 500 Bull 3x ETF stock for Q4 2016, up 11% quarter-over-quarter.
  • 10 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q4 2016 and 9 closed out, a net change of +1 holder.
  • The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q4 2016 was Susquehanna International Group, an estimated $6.89M added.
  • The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q4 2016 was Tower Research Capital (TRC), an estimated $6.32M sold.

Based on aggregated 13F filings for Q4 2016.