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Direxion Daily S&P 500 Bull 3x ETF
SPXL

73 hedge funds and large institutions have $98.9M invested in Direxion Daily S&P 500 Bull 3x ETF in 2020 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 16 increasing their positions, 8 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

135% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 17

100% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 8

38% more funds holding

Funds holding: 53 → 73 (+20)

14% more call options, than puts

Call options by funds: $88.7M | Put options by funds: $77.6M

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

1.22% less ownership

Funds ownership: 9.69% → 8.48% (-1.2%)

8% less capital invested

Capital invested by funds: $108M → $98.9M (-$9.13M)

Holders
73
Holders Change
+20
Holders Change %
+37.74%
% of All Funds
1.61%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.07%
New
40
Increased
16
Reduced
8
Closed
17
Calls
$88.7M
Puts
$77.6M
Net Calls
+$11.1M
Net Calls Change
+$158M

Top Buyers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$31.9M
2
WA
Wealthstar Advisors
Texas
+$28.4M
3
IWP
Insight Wealth Partners
Texas
+$25.7M
4
Citadel Advisors
Citadel Advisors
Florida
+$19M
5
WAM
Wolverine Asset Management
Illinois
+$18.4M

Top Sellers

Rank Fund Capital Flow
1
IMC Chicago
IMC Chicago
Illinois
-$9.83M
2
TCM
Traynor Capital Management
Pennsylvania
-$6.15M
3
Simplex Trading
Simplex Trading
Illinois
-$5.86M
4
CG
Cutler Group
California
-$2.02M
5
MHS
M Holdings Securities
Oregon
-$1.09M
Name Holding Trade Value Shares
Change 		Change in
Stake
WA
1
Wealthstar Advisors
Texas
$23.7M +$28.4M +503,890 +124%
Susquehanna International Group
2
Susquehanna International Group
Pennsylvania
$15.9M +$31.9M +567,173 +1,308%
IWP
3
Insight Wealth Partners
Texas
$11.9M +$25.7M +456,860 New
Citadel Advisors
4
Citadel Advisors
Florida
$9.58M +$19M +337,232 +1,101%
WAM
5
Wolverine Asset Management
Illinois
$9.03M +$18.4M +326,265 +1,590%
Jane Street
6
Jane Street
New York
$7.94M +$16.4M +292,077 +2,309%
PA
7
Paracle Advisors
Washington
$5.24M +$11.3M +201,145 New
TRCT
8
Tower Research Capital (TRC)
New York
$2.67M +$2.48M +43,998 +75%
PFM
9
Probabilities Fund Management
New York
$2M +$4.31M +76,620 New
JT
10
Jump Trading
Illinois
$1.22M +$2.65M +46,993 New
TWP
11
Tempus Wealth Planning
California
$899K +$1.94M +34,500 New
DS
12
DRW Securities
Illinois
$843K +$1.82M +32,376 New
Envestnet Asset Management
13
Envestnet Asset Management
Illinois
$706K +$109K +1,931 +8%
Goldman Sachs
14
Goldman Sachs
New York
$684K – – –
IA
15
Icon Advisers
Colorado
$523K – – –
CHAM
16
Clear Harbor Asset Management
Connecticut
$482K +$1.04M +18,500 New
TSS
17
Two Sigma Securities
New York
$400K +$490K +8,699 +131%
Wolverine Trading
18
Wolverine Trading
Illinois
$333K +$687K +12,209 New
BCM
19
Brookstone Capital Management
Illinois
$327K +$706K +12,542 New
Morgan Stanley
20
Morgan Stanley
New York
$297K +$203K +3,612 +46%
BOTW
21
Bank of the West
California
$293K -$513K -9,120 -45%
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$279K +$603K +10,713 New
TCM
23
Traynor Capital Management
Pennsylvania
$254K -$6.15M -109,205 -92%
SBL
24
Sargent Bickham Lagudis
Colorado
$250K +$190K +3,382 +55%
ECM
25
ETrade Capital Management
Virginia
$238K +$515K +9,144 New
1
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SPXL Hedge Fund Activity: Q1 2020 in Review

73 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q1 2020, worth a combined $98.9M — down 8.5% from $108M a quarter earlier.

Buyers outnumbered sellers: 40 funds opened new SPXL positions and 17 closed out — a net gain of 23 holders — while 16 added to existing stakes and 8 trimmed.

The largest buyer was Susquehanna International Group, adding an estimated $31.9M. The largest seller was IMC Chicago, exiting entirely with an estimated $9.83M sold.

  • 73 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q1 2020, up from 53 in Q4 2019.
  • Funds reported $98.9M of Direxion Daily S&P 500 Bull 3x ETF stock for Q1 2020, down 8.5% quarter-over-quarter.
  • 40 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q1 2020 and 17 closed out, a net change of +23 holders.
  • The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q1 2020 was Susquehanna International Group, an estimated $31.9M added.
  • The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q1 2020 was IMC Chicago, an estimated $9.83M sold.

Based on aggregated 13F filings for Q1 2020.