We are live on ! Find out more
SPXL icon

Direxion Daily S&P 500 Bull 3x ETF
SPXL

37 hedge funds and large institutions have $49.8M invested in Direxion Daily S&P 500 Bull 3x ETF in 2017 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 7 increasing their positions, 13 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 5

16% more funds holding

Funds holding: 32 → 37 (+5)

12% more capital invested

Capital invested by funds: $44.4M → $49.8M (+$5.38M)

1.01% less ownership

Funds ownership: 7.8% → 6.79% (-1%)

33% less call options, than puts

Call options by funds: $73.7M | Put options by funds: $111M

46% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 13

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
37
Holders Change
+5
Holders Change %
+15.63%
% of All Funds
0.92%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
10
Increased
7
Reduced
13
Closed
5
Calls
$73.7M
Puts
$111M
Net Calls
-$36.8M
Net Calls Change
-$6.58M

Top Buyers

1
VF
Virtu Financial
New York
+$5.08M
2
Two Sigma Investments
Two Sigma Investments
New York
+$4.36M
3
TRCT
Tower Research Capital (TRC)
New York
+$2.89M
4
Two Sigma Advisers
Two Sigma Advisers
New York
+$1.84M
5
DS
DRW Securities
Illinois
+$1.61M

Top Sellers

1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$11.3M
2
PSW
Portfolio Strategies (Washington)
Washington
-$3.15M
3
Citadel Advisors
Citadel Advisors
Florida
-$1.61M
4
Wolverine Trading
Wolverine Trading
Illinois
-$948K
5
HighTower Advisors
HighTower Advisors
Illinois
-$521K
Name Holding Trade Value Shares
Change 		Change in
Stake
Two Sigma Investments
1
Two Sigma Investments
New York
$7.56M +$4.36M +121,170 +158%
GA
2
GFS Advisors
Texas
$6.41M – – –
Two Sigma Advisers
3
Two Sigma Advisers
New York
$6.16M +$1.84M +51,200 +47%
VF
4
Virtu Financial
New York
$5.4M +$5.08M +141,198 New
TRCT
5
Tower Research Capital (TRC)
New York
$3.07M +$2.89M +80,331 New
Susquehanna International Group
6
Susquehanna International Group
Pennsylvania
$2.89M -$11.3M -313,864 -81%
TCM
7
Traynor Capital Management
Pennsylvania
$2.16M +$46.4K +1,290 +2%
Barclays
8
Barclays
United Kingdom
$2M +$979K +27,187 +108%
Citadel Advisors
9
Citadel Advisors
Florida
$1.77M -$1.61M -44,643 -49%
DS
10
DRW Securities
Illinois
$1.71M +$1.61M +44,612 New
HighTower Advisors
11
HighTower Advisors
Illinois
$1.11M -$521K -14,460 -33%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$1.08M -$184K -5,100 -15%
Bank of America
13
Bank of America
North Carolina
$952K – – –
FHC
14
First Heartland Consultants
Missouri
$946K -$3.6K -100 -0.4%
LTFS
15
Ladenburg Thalmann Financial Services
Florida
$839K -$56.1K -1,558 -7%
AC
16
AFAM Capital
Texas
$709K -$972 -27 -0.1%
OIA
17
OneDigital Investment Advisors
Kansas
$679K -$612 -17 -0.1%
SBL
18
Sargent Bickham Lagudis
Colorado
$642K – – –
Simplex Trading
19
Simplex Trading
Illinois
$570K +$538K +14,932 New
TSS
20
Two Sigma Securities
New York
$538K +$506K +14,065 New
BFG
21
Bouchey Financial Group
New York
$434K – – –
Morgan Stanley
22
Morgan Stanley
New York
$333K +$62.4K +1,734 +25%
ACM
23
Avalon Capital Management
California
$326K +$307K +8,516 New
AFP
24
Ausdal Financial Partners
Iowa
$301K +$3.17K +88 +1%
TH
25
Timber Hill
Connecticut
$293K -$322K -8,955 -54%
1
2

SPXL Hedge Fund Activity: Q3 2017 in Review

37 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q3 2017, worth a combined $49.8M — up 12% from $44.4M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new SPXL positions and 5 closed out — a net gain of 5 holders — while 7 added to existing stakes and 13 trimmed.

The largest buyer was Virtu Financial, opening a new position worth an estimated $5.08M. The largest seller was Susquehanna International Group, cutting an estimated $11.3M.

  • 37 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q3 2017, up from 32 in Q2 2017.
  • Funds reported $49.8M of Direxion Daily S&P 500 Bull 3x ETF stock for Q3 2017, up 12% quarter-over-quarter.
  • 10 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q3 2017 and 5 closed out, a net change of +5 holders.
  • The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q3 2017 was Virtu Financial, an estimated $5.08M added.
  • The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q3 2017 was Susquehanna International Group, an estimated $11.3M sold.

Based on aggregated 13F filings for Q3 2017.