Direxion Daily S&P 500 Bull 3x ETF
SPXL
86 hedge funds and large institutions have $331M invested in Direxion Daily S&P 500 Bull 3x ETF in 2022 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 27 increasing their positions, 21 reducing their positions, and 14 closing their positions.
240% more call options, than puts
Call options by funds: $135M | Put options by funds: $39.8M
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
36% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 14
29% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 21
6% more funds holding
Funds holding: 81 → 86 (+5)
1.88% more ownership
Funds ownership: 14.76% → 16.64% (+1.9%)
32% less capital invested
Capital invested by funds: $487M → $331M (-$156M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$51.2M |
| 2 |
MS
Mizuho Securities
Tokyo,
Japan
|
+$25.3M |
| 3 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$23M |
| 4 |
JC
JBF Capital
Aspen,
Colorado
|
+$12.9M |
| 5 |
EFI
EHP Funds Inc
Toronto,
Canada
|
+$11.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NAM
Nexpoint Asset Management
Dallas,
Texas
|
-$15M |
| 2 |
JF
Jump Financial
Chicago,
Illinois
|
-$14.7M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
-$4.46M |
| 4 |
HF
HRT Financial
New York
|
-$4.02M |
| 5 |
Squarepoint
New York
|
-$3.78M |
SPXL Hedge Fund Activity: Q3 2022 in Review
86 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q3 2022, worth a combined $331M — down 32% from $487M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new SPXL positions and 14 closed out — a net gain of 5 holders — while 27 added to existing stakes and 21 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $51.2M. The largest seller was Nexpoint Asset Management, cutting an estimated $15M.
- 86 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q3 2022, up from 81 in Q2 2022.
- Funds reported $331M of Direxion Daily S&P 500 Bull 3x ETF stock for Q3 2022, down 32% quarter-over-quarter.
- 19 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q3 2022 and 14 closed out, a net change of +5 holders.
- The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q3 2022 was Susquehanna International Group, an estimated $51.2M added.
- The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q3 2022 was Nexpoint Asset Management, an estimated $15M sold.
Based on aggregated 13F filings for Q3 2022.