Direxion Daily S&P 500 Bear 3x ETF
SPXS
28 hedge funds and large institutions have $27.2M invested in Direxion Daily S&P 500 Bear 3x ETF in 2015 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 11 increasing their positions, 4 reducing their positions, and 2 closing their positions.
500% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 2
175% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 4
106% more capital invested
Capital invested by funds: $13.2M → $27.2M (+$14M)
56% more funds holding
Funds holding: 18 → 28 (+10)
0.01% more ownership
Funds ownership: 0.01% → 0.02% (+0.01%)
22% less call options, than puts
Call options by funds: $16.2M | Put options by funds: $20.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.41M |
| 2 |
MCM
McGlinn Capital Management
Wyomissing,
Pennsylvania
|
+$1.73M |
| 3 |
AAA
Adams Asset Advisors
Dallas,
Texas
|
+$1.53M |
| 4 |
Jane Street
New York
|
+$1.5M |
| 5 |
VF
Virtu Financial
New York
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.57M |
| 2 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$666K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$410K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$219K |
| 5 |
SS
Sunbelt Securities
Houston,
Texas
|
-$138K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Barclays
London,
United Kingdom
| $11K | +$9.11K | +1 | New |
|
|
BRWM
27
B. Riley Wealth Management
Memphis,
Tennessee
| $9K | -$9.11K | -1 | -50% |
|
|
RBC
28
Roble Belko & Company
Sewickley,
Pennsylvania
| $6K | – | – | – |
|
|
SSG
29
Summit Securities Group
New York
| $4K | – | – | – |
|
30
Parallax Volatility Advisers
San Francisco,
California
| $1K | – | – | – |
|
|
TH
31
Timber Hill
Greenwich,
Connecticut
| – | -$666K | -69 | Closed |
|
|
SS
32
Sunbelt Securities
Houston,
Texas
| – | -$138K | -20 | Closed |
|
SPXS Hedge Fund Activity: Q2 2015 in Review
28 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 3x ETF (SPXS) for Q2 2015, worth a combined $27.2M — up 106% from $13.2M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SPXS positions and 2 closed out — a net gain of 10 holders — while 11 added to existing stakes and 4 trimmed.
The largest buyer was Tower Research Capital (TRC), adding an estimated $2.41M. The largest seller was Royal Bank of Canada, cutting an estimated $1.57M.
- 28 institutional investors held Direxion Daily S&P 500 Bear 3x ETF (SPXS) as of Q2 2015, up from 18 in Q1 2015.
- Funds reported $27.2M of Direxion Daily S&P 500 Bear 3x ETF stock for Q2 2015, up 106% quarter-over-quarter.
- 12 funds opened new Direxion Daily S&P 500 Bear 3x ETF positions in Q2 2015 and 2 closed out, a net change of +10 holders.
- The largest Direxion Daily S&P 500 Bear 3x ETF buyer in Q2 2015 was Tower Research Capital (TRC), an estimated $2.41M added.
- The largest Direxion Daily S&P 500 Bear 3x ETF seller in Q2 2015 was Royal Bank of Canada, an estimated $1.57M sold.
Based on aggregated 13F filings for Q2 2015.