Direxion Daily S&P 500 Bull 3x ETF
SPXL
154 hedge funds and large institutions have $1.51B invested in Direxion Daily S&P 500 Bull 3x ETF in 2026 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 43 increasing their positions, 47 reducing their positions, and 25 closing their positions.
116% more capital invested
Capital invested by funds: $697M → $1.51B (+$810M)
116% more call options, than puts
Call options by funds: $619M | Put options by funds: $287M
76% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 25
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
12% more funds holding
Funds holding: 137 → 154 (+17)
6.64% more ownership
Funds ownership: 15.46% → 22.09% (+6.6%)
9% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Howard Capital Management
Roswell,
Georgia
|
+$354M |
| 2 |
Millennium Management
New York
|
+$23.6M |
| 3 |
IWP
Insight Wealth Partners
Plano,
Texas
|
+$20.1M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$14.8M |
| 5 |
GS
GTS Securities
Miami,
Florida
|
+$14.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$19.2M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$8.57M |
| 3 |
Optiver Holding
Amsterdam,
Netherlands
|
-$7.39M |
| 4 |
Corient Private Wealth
Miami,
Florida
|
-$4.88M |
| 5 |
XT
XTX Topco
George Town,
Cayman Islands
|
-$4.73M |
SPXL Hedge Fund Activity: Q2 2026 in Review
154 of the 8,350 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bull 3x ETF (SPXL) for Q2 2026, worth a combined $1.51B — up 116% from $697M a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new SPXL positions and 25 closed out — a net gain of 19 holders — while 43 added to existing stakes and 47 trimmed.
The largest buyer was Howard Capital Management, adding an estimated $354M. The largest seller was Goldman Sachs, cutting an estimated $19.2M.
- 154 institutional investors held Direxion Daily S&P 500 Bull 3x ETF (SPXL) as of Q2 2026, up from 137 in Q1 2026.
- Funds reported $1.51B of Direxion Daily S&P 500 Bull 3x ETF stock for Q2 2026, up 116% quarter-over-quarter.
- 44 funds opened new Direxion Daily S&P 500 Bull 3x ETF positions in Q2 2026 and 25 closed out, a net change of +19 holders.
- The largest Direxion Daily S&P 500 Bull 3x ETF buyer in Q2 2026 was Howard Capital Management, an estimated $354M added.
- The largest Direxion Daily S&P 500 Bull 3x ETF seller in Q2 2026 was Goldman Sachs, an estimated $19.2M sold.
Based on aggregated 13F filings for Q2 2026.