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Direxion Daily S&P 500 Bull 3x ETF
SPXL

52 hedge funds and large institutions have $82.3M invested in Direxion Daily S&P 500 Bull 3x ETF in 2019 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 8 increasing their positions, 17 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

1% less capital invested

Capital invested by funds: $82.7M → $82.3M (-$418K)

0.82% less ownership

Funds ownership: 9.04% → 8.22% (-0.82%)

9% less funds holding

Funds holding: 57 → 52 (-5)

25% less funds holding in top 10

Funds holding in top 10: 4 → 3 (-1)

28% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 18

53% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 17

69% less call options, than puts

Call options by funds: $65.4M | Put options by funds: $214M

Holders
52
Holders Change
-5
Holders Change %
-8.77%
% of All Funds
1.13%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.06%
New
13
Increased
8
Reduced
17
Closed
18
Calls
$65.4M
Puts
$214M
Net Calls
-$148M
Net Calls Change
-$86.2M

Top Buyers

1
Citadel Advisors
Citadel Advisors
Florida
+$6.6M
2
TRCT
Tower Research Capital (TRC)
New York
+$3.37M
3
WAM
Wolverine Asset Management
Illinois
+$2.29M
4
Simplex Trading
Simplex Trading
Illinois
+$1.86M
5
TSS
Two Sigma Securities
New York
+$1.59M

Top Sellers

1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$9.92M
2
IMC Chicago
IMC Chicago
Illinois
-$9.16M
3
CHAM
Clear Harbor Asset Management
Connecticut
-$5.57M
4
PFM
Probabilities Fund Management
New York
-$5.1M
5
Thrivent Financial for Lutherans
Thrivent Financial for Lutherans
Minnesota
-$2.97M
Name Holding Trade Value Shares
Change 		Change in
Stake
WA
1
Wealthstar Advisors
Texas
$20.3M -$45.2K -1,084 -0.2%
Citadel Advisors
2
Citadel Advisors
Florida
$12.6M +$6.6M +158,303 +143%
PFM
3
Probabilities Fund Management
New York
$7.91M -$5.1M -122,362 -42%
TCM
4
Traynor Capital Management
Pennsylvania
$6.13M -$166K -3,972 -3%
TSS
5
Two Sigma Securities
New York
$4.71M +$1.59M +38,055 +61%
Susquehanna International Group
6
Susquehanna International Group
Pennsylvania
$4.43M -$9.92M -237,800 -72%
WAM
7
Wolverine Asset Management
Illinois
$4.37M +$2.29M +54,953 +142%
TRCT
8
Tower Research Capital (TRC)
New York
$3.8M +$3.37M +80,864 +20,895%
VF
9
Virtu Financial
New York
$3.21M -$1.63M -39,044 -36%
Simplex Trading
10
Simplex Trading
Illinois
$2.08M +$1.86M +44,597 New
Goldman Sachs
11
Goldman Sachs
New York
$1.35M +$113K +2,700 +10%
Envestnet Asset Management
12
Envestnet Asset Management
Illinois
$1.13M -$1.04M -24,914 -51%
MHS
13
M Holdings Securities
Oregon
$982K +$876K +21,000 New
FMBTD
14
First Midwest Bank Trust Division
Illinois
$957K – – –
BOTW
15
Bank of the West
California
$953K – – –
IA
16
Icon Advisers
Colorado
$938K +$836K +20,058 New
PA
17
Pinnacle Associates
New York
$862K +$769K +18,430 New
SBL
18
Sargent Bickham Lagudis
Colorado
$786K – – –
BFG
19
Bouchey Financial Group
New York
$505K – – –
BAM
20
Belpointe Asset Management
Nevada
$447K -$366K -8,769 -51%
FTUS
21
Flow Traders U.S.
New York
$446K +$398K +9,544 New
Creative Planning
22
Creative Planning
Kansas
$432K -$814K -19,519 -68%
KFS
23
Kelly Financial Services
Massachusetts
$331K +$295K +7,075 New
SFS
24
Summit Financial Strategies
Ohio
$260K +$232K +5,570 New
PIMG
25
Patriot Investment Management Group
Tennessee
$258K +$230K +5,520 New
1
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SPXL Hedge Fund Activity: Q1 2019 in Review

52 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q1 2019, worth a combined $82.3M — down 0.51% from $82.7M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of SPXL and 13 opened new positions — a net loss of 5 holders — while 17 trimmed existing stakes and 8 added.

The largest buyer was Citadel Advisors, adding an estimated $6.6M. The largest seller was Susquehanna International Group, cutting an estimated $9.92M.

  • 52 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q1 2019, down from 57 in Q4 2018.
  • Funds reported $82.3M of Direxion Daily S&P 500 Bull 3x ETF stock for Q1 2019, down 0.51% quarter-over-quarter.
  • 13 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q1 2019 and 18 closed out, a net change of -5 holders.
  • The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q1 2019 was Citadel Advisors, an estimated $6.6M added.
  • The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q1 2019 was Susquehanna International Group, an estimated $9.92M sold.

Based on aggregated 13F filings for Q1 2019.