We are live on ! Find out more
SPXL icon

Direxion Daily S&P 500 Bull 3x ETF
SPXL

49 hedge funds and large institutions have $51.1M invested in Direxion Daily S&P 500 Bull 3x ETF in 2018 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 16 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

54% more call options, than puts

Call options by funds: $42M | Put options by funds: $27.2M

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

1.16% less ownership

Funds ownership: 6.71% → 5.55% (-1.2%)

2% less funds holding

Funds holding: 50 → 49 (-1)

11% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 9

25% less capital invested

Capital invested by funds: $67.7M → $51.1M (-$16.6M)

44% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 16

Holders
49
Holders Change
-1
Holders Change %
-2%
% of All Funds
1.12%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.07%
New
8
Increased
9
Reduced
16
Closed
9
Calls
$42M
Puts
$27.2M
Net Calls
+$14.7M
Net Calls Change
+$18.9M

Top Buyers

1
TRCT
Tower Research Capital (TRC)
New York
+$2.9M
2
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$2.84M
3
TSS
Two Sigma Securities
New York
+$798K
4
BOTW
Bank of the West
California
+$535K
5
WA
Wealthstar Advisors
Texas
+$516K

Top Sellers

1
Citadel Advisors
Citadel Advisors
Florida
-$9.67M
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$6.39M
3
Two Sigma Investments
Two Sigma Investments
New York
-$3.83M
4
PFM
Probabilities Fund Management
New York
-$3.68M
5
Two Sigma Advisers
Two Sigma Advisers
New York
-$2.73M
Name Holding Trade Value Shares
Change 		Change in
Stake
WA
1
Wealthstar Advisors
Texas
$17.5M +$516K +10,105 +3%
TCM
2
Traynor Capital Management
Pennsylvania
$6.89M -$204K -3,995 -3%
PFM
3
Probabilities Fund Management
New York
$5.34M -$3.68M -72,115 -42%
TRCT
4
Tower Research Capital (TRC)
New York
$3.12M +$2.9M +56,916 +13,054%
Envestnet Asset Management
5
Envestnet Asset Management
Illinois
$3.03M +$2.84M +55,736 New
TSS
6
Two Sigma Securities
New York
$2.5M +$798K +15,648 +51%
Goldman Sachs
7
Goldman Sachs
New York
$1.54M – – –
Creative Planning
8
Creative Planning
Kansas
$1.48M +$15.3K +300 +1%
HighTower Advisors
9
HighTower Advisors
Illinois
$1.11M -$1.04M -20,458 -50%
SBL
10
Sargent Bickham Lagudis
Colorado
$913K – – –
Jane Street
11
Jane Street
New York
$696K -$19.7K -386 -3%
BFG
12
Bouchey Financial Group
New York
$635K – – –
Citigroup
13
Citigroup
New York
$575K -$954K -18,700 -64%
BOTW
14
Bank of the West
California
$570K +$535K +10,487 New
Morgan Stanley
15
Morgan Stanley
New York
$502K -$308K -6,033 -40%
AFP
16
Ausdal Financial Partners
Iowa
$489K +$3.16K +62 +0.7%
LTFS
17
Ladenburg Thalmann Financial Services
Florida
$438K -$210K -4,114 -34%
WCM
18
Whitener Capital Management
North Carolina
$424K -$12K -235 -3%
SG Americas Securities
19
SG Americas Securities
New York
$397K -$51K -1,000 -12%
OIA
20
OneDigital Investment Advisors
Kansas
$337K -$39.8K -781 -11%
SFS
21
Summit Financial Strategies
Ohio
$291K – – –
CIBC Private Wealth Group
22
CIBC Private Wealth Group
Georgia
$274K – – –
Wolverine Trading
23
Wolverine Trading
Illinois
$263K -$481K -9,425 -66%
Susquehanna International Group
24
Susquehanna International Group
Pennsylvania
$250K -$6.39M -125,178 -96%
CHAM
25
Clear Harbor Asset Management
Connecticut
$215K +$255K +5,000 New
1
2 3

SPXL Hedge Fund Activity: Q3 2018 in Review

49 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q3 2018, worth a combined $51.1M — down 25% from $67.7M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of SPXL and 8 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 9 added.

The largest buyer was Tower Research Capital (TRC), adding an estimated $2.9M. The largest seller was Citadel Advisors, exiting entirely with an estimated $9.67M sold.

  • 49 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q3 2018, down from 50 in Q2 2018.
  • Funds reported $51.1M of Direxion Daily S&P 500 Bull 3x ETF stock for Q3 2018, down 25% quarter-over-quarter.
  • 8 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q3 2018 and 9 closed out, a net change of -1 holder.
  • The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q3 2018 was Tower Research Capital (TRC), an estimated $2.9M added.
  • The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q3 2018 was Citadel Advisors, an estimated $9.67M sold.

Based on aggregated 13F filings for Q3 2018.