Direxion Daily S&P 500 Bull 3x ETF
SPXL
77 hedge funds and large institutions have $207M invested in Direxion Daily S&P 500 Bull 3x ETF in 2021 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 19 increasing their positions, 23 reducing their positions, and 15 closing their positions.
16% more call options, than puts
Call options by funds: $205M | Put options by funds: $177M
7% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 15
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.46% less ownership
Funds ownership: 9.75% → 9.29% (-0.46%)
1% less funds holding
Funds holding: 78 → 77 (-1)
15% less capital invested
Capital invested by funds: $242M → $207M (-$35.6M)
17% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JF
Jump Financial
Chicago,
Illinois
|
+$74.5M |
| 2 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
+$10.8M |
| 3 |
DS
DRW Securities
Chicago,
Illinois
|
+$6.15M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$6.14M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$3.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$62.1M |
| 2 |
HF
HRT Financial
New York
|
-$4.49M |
| 3 |
WA
Wealthstar Advisors
Plano,
Texas
|
-$4.49M |
| 4 |
G
Gainplan
Bloomfield Hills,
Michigan
|
-$3.7M |
| 5 |
PFM
Probabilities Fund Management
White Plains,
New York
|
-$3.29M |
SPXL Hedge Fund Activity: Q3 2021 in Review
77 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q3 2021, worth a combined $207M — down 15% from $242M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new SPXL positions and 15 closed out — a net gain of 1 holder — while 19 added to existing stakes and 23 trimmed.
The largest buyer was Jump Financial, opening a new position worth an estimated $74.5M. The largest seller was Susquehanna International Group, cutting an estimated $62.1M.
- 77 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q3 2021, down from 78 in Q2 2021.
- Funds reported $207M of Direxion Daily S&P 500 Bull 3x ETF stock for Q3 2021, down 15% quarter-over-quarter.
- 16 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q3 2021 and 15 closed out, a net change of +1 holder.
- The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q3 2021 was Jump Financial, an estimated $74.5M added.
- The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q3 2021 was Susquehanna International Group, an estimated $62.1M sold.
Based on aggregated 13F filings for Q3 2021.