Direxion Daily S&P 500 Bull 3x ETF
SPXL
41 hedge funds and large institutions have $69.2M invested in Direxion Daily S&P 500 Bull 3x ETF in 2017 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 19 reducing their positions, and 6 closing their positions.
16% more capital invested
Capital invested by funds: $59.6M → $69.2M (+$9.58M)
7.86% more ownership
Funds ownership: 43.74% → 51.6% (+7.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 42 → 41 (-1)
17% less call options, than puts
Call options by funds: $80.4M | Put options by funds: $96.3M
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
37% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$8.05M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$6.83M |
| 3 |
CT
CMT Trading
Chicago,
Illinois
|
+$6.55M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$4.69M |
| 5 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
+$3.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$5.47M |
| 2 |
DS
DRW Securities
Chicago,
Illinois
|
-$5.16M |
| 3 |
Barclays
London,
United Kingdom
|
-$3.62M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$2.54M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.54M |
SPXL Hedge Fund Activity: Q1 2017 in Review
41 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q1 2017, worth a combined $69.2M — up 16% from $59.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SPXL and 5 opened new positions — a net loss of 1 holder — while 19 trimmed existing stakes and 12 added.
The largest buyer was Two Sigma Investments, opening a new position worth an estimated $8.05M. The largest seller was Goldman Sachs, exiting entirely with an estimated $5.47M sold.
- 41 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q1 2017, down from 42 in Q4 2016.
- Funds reported $69.2M of Direxion Daily S&P 500 Bull 3x ETF stock for Q1 2017, up 16% quarter-over-quarter.
- 5 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q1 2017 and 6 closed out, a net change of -1 holder.
- The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q1 2017 was Two Sigma Investments, an estimated $8.05M added.
- The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q1 2017 was Goldman Sachs, an estimated $5.47M sold.
Based on aggregated 13F filings for Q1 2017.