Direxion Daily S&P 500 Bull 3x ETF
SPXL
94 hedge funds and large institutions have $294M invested in Direxion Daily S&P 500 Bull 3x ETF in 2022 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 28 increasing their positions, 26 reducing their positions, and 27 closing their positions.
43% more call options, than puts
Call options by funds: $199M | Put options by funds: $139M
8% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 26
0.89% more ownership
Funds ownership: 8.04% → 8.93% (+0.89%)
2% less capital invested
Capital invested by funds: $299M → $294M (-$4.95M)
6% less funds holding
Funds holding: 100 → 94 (-6)
15% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 27
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MS
Mizuho Securities
Tokyo,
Japan
|
+$55.7M |
| 2 |
WA
Wealthstar Advisors
Plano,
Texas
|
+$16.2M |
| 3 |
CG
Cutler Group
San Francisco,
California
|
+$14.1M |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
+$11.8M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$7.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Simplex Trading
Chicago,
Illinois
|
-$32.7M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$18.9M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$10.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$9.05M |
| 5 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
-$4.12M |
SPXL Hedge Fund Activity: Q1 2022 in Review
94 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q1 2022, worth a combined $294M — down 1.7% from $299M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of SPXL and 23 opened new positions — a net loss of 4 holders — while 26 trimmed existing stakes and 28 added.
The largest buyer was Mizuho Securities, adding an estimated $55.7M. The largest seller was Simplex Trading, cutting an estimated $32.7M.
- 94 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q1 2022, down from 100 in Q4 2021.
- Funds reported $294M of Direxion Daily S&P 500 Bull 3x ETF stock for Q1 2022, down 1.7% quarter-over-quarter.
- 23 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q1 2022 and 27 closed out, a net change of -4 holders.
- The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q1 2022 was Mizuho Securities, an estimated $55.7M added.
- The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q1 2022 was Simplex Trading, an estimated $32.7M sold.
Based on aggregated 13F filings for Q1 2022.