Direxion Daily S&P 500 Bull 3x ETF
SPXL
51 hedge funds and large institutions have $75.1M invested in Direxion Daily S&P 500 Bull 3x ETF in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 15 reducing their positions, and 11 closing their positions.
14% more capital invested
Capital invested by funds: $65.7M → $75.1M (+$9.35M)
1.23% more ownership
Funds ownership: 6.76% → 7.99% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
7% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 15
6% less funds holding
Funds holding: 54 → 51 (-3)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
70% less call options, than puts
Call options by funds: $62.5M | Put options by funds: $210M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
+$8.69M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$3.94M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.29M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$1.06M |
| 5 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
+$992K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TSS
Two Sigma Securities
New York
|
-$3.97M |
| 2 |
PFM
Probabilities Fund Management
White Plains,
New York
|
-$3.09M |
| 3 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$2.16M |
| 4 |
DS
DRW Securities
Chicago,
Illinois
|
-$1.32M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$900K |
SPXL Hedge Fund Activity: Q3 2019 in Review
51 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q3 2019, worth a combined $75.1M — up 14% from $65.7M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SPXL and 8 opened new positions — a net loss of 3 holders — while 15 trimmed existing stakes and 14 added.
The largest buyer was AssetMark Inc, opening a new position worth an estimated $8.69M. The largest seller was Two Sigma Securities, cutting an estimated $3.97M.
- 51 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q3 2019, down from 54 in Q2 2019.
- Funds reported $75.1M of Direxion Daily S&P 500 Bull 3x ETF stock for Q3 2019, up 14% quarter-over-quarter.
- 8 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q3 2019 and 11 closed out, a net change of -3 holders.
- The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q3 2019 was AssetMark Inc, an estimated $8.69M added.
- The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q3 2019 was Two Sigma Securities, an estimated $3.97M sold.
Based on aggregated 13F filings for Q3 2019.