Direxion Daily S&P 500 Bear 3x ETF
SPXS
28 hedge funds and large institutions have $43.5M invested in Direxion Daily S&P 500 Bear 3x ETF in 2015 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 11 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
60% more capital invested
Capital invested by funds: $27.2M → $43.5M (+$16.3M)
23% more call options, than puts
Call options by funds: $63.2M | Put options by funds: $51.6M
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
0% more funds holding
Funds holding: 28 → 28 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more ownership
Funds ownership: 0.02% → 0.02% (+0%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$9.78M |
| 2 |
RC
Randolph Company
Cincinnati,
Ohio
|
+$3.88M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$2.69M |
| 4 |
Barclays
London,
United Kingdom
|
+$2.25M |
| 5 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$1.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2.85M |
| 2 |
MCM
McGlinn Capital Management
Wyomissing,
Pennsylvania
|
-$2.84M |
| 3 |
AAA
Adams Asset Advisors
Dallas,
Texas
|
-$1.59M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.49M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$1.42M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $7K | -$96.8K | -10 | -91% |
|
|
RBC
27
Roble Belko & Company
Sewickley,
Pennsylvania
| $7K | – | – | – |
|
|
SSG
28
Summit Securities Group
New York
| $6K | +$9.68K | +1 | New |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $4K | -$2.85M | -294 | Closed |
|
|
MCM
30
McGlinn Capital Management
Wyomissing,
Pennsylvania
| – | -$2.84M | -300 | Closed |
|
|
AAA
31
Adams Asset Advisors
Dallas,
Texas
| – | -$1.59M | -168 | Closed |
|
|
32
Bank of Nova Scotia
Toronto,
Ontario, Canada
| – | -$1.42M | -150 | Closed |
|
|
JT
33
Jump Trading
Chicago,
Illinois
| – | -$1.33M | -140 | Closed |
|
|
FTUS
34
Flow Traders U.S.
New York
| – | -$891K | -94 | Closed |
|
35
Nomura Holdings
Tokyo,
Japan
| – | -$904K | -92 | Closed |
|
|
VKH
36
Virtu KCG Holdings
New York
| – | -$314K | -33 | Closed |
|
|
AA
37
AlphaMark Advisors
Ft. Wright,
Kentucky
| – | -$57K | -6 | Closed |
|
38
Walleye Trading
New York
| – | -$29K | -3 | Closed |
|
|
BRWM
39
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$9K | -1 | Closed |
|
SPXS Hedge Fund Activity: Q3 2015 in Review
28 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 3x ETF (SPXS) for Q3 2015, worth a combined $43.5M — up 60% from $27.2M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SPXS positions and 11 closed out — a net gain of 1 holder — while 7 added to existing stakes and 4 trimmed.
The largest buyer was Virtu Financial, adding an estimated $9.78M. The largest seller was Tower Research Capital (TRC), exiting entirely with an estimated $2.85M sold.
- 28 institutional investors held Direxion Daily S&P 500 Bear 3x ETF (SPXS) as of Q3 2015, unchanged from Q2 2015.
- Funds reported $43.5M of Direxion Daily S&P 500 Bear 3x ETF stock for Q3 2015, up 60% quarter-over-quarter.
- 12 funds opened new Direxion Daily S&P 500 Bear 3x ETF positions in Q3 2015 and 11 closed out, a net change of +1 holder.
- The largest Direxion Daily S&P 500 Bear 3x ETF buyer in Q3 2015 was Virtu Financial, an estimated $9.78M added.
- The largest Direxion Daily S&P 500 Bear 3x ETF seller in Q3 2015 was Tower Research Capital (TRC), an estimated $2.85M sold.
Based on aggregated 13F filings for Q3 2015.