Direxion Daily S&P 500 Bear 3x ETF
SPXS
26 hedge funds and large institutions have $14.6M invested in Direxion Daily S&P 500 Bear 3x ETF in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 8 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 4
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
8% more funds holding
Funds holding: 24 → 26 (+2)
5% more capital invested
Capital invested by funds: $13.9M → $14.6M (+$697K)
0% less ownership
Funds ownership: 0.01% → 0.01% (-0%)
54% less call options, than puts
Call options by funds: $17.6M | Put options by funds: $38.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JT
Jump Trading
Chicago,
Illinois
|
+$3.77M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.84M |
| 3 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$667K |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
+$667K |
| 5 |
IC
Intersect Capital
San Ramon,
California
|
+$563K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
-$2.2M |
| 2 |
Morgan Stanley
New York
|
-$1.92M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$1.36M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$657K |
| 5 |
Goldman Sachs
New York
|
-$603K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $5K | – | – | – |
|
|
WAM
27
Wolverine Asset Management
Chicago,
Illinois
| $1K | -$657K | -70 | Closed |
|
|
28
Goldman Sachs
New York
| – | -$603K | -71 | Closed |
|
29
Jane Street
New York
| – | -$554K | -59 | Closed |
|
30
Simplex Trading
Chicago,
Illinois
| – | -$380K | -45 | Closed |
|
|
FTUS
31
Flow Traders U.S.
New York
| – | -$323K | -38 | Closed |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| – | -$248K | -29 | Closed |
|
33
UBS Group
Zurich,
Switzerland
| – | -$156K | -18 | Closed |
|
|
AFP
34
Ausdal Financial Partners
Davenport,
Iowa
| – | -$10K | -1 | Closed |
|
|
IA
35
IFP Advisors
Tampa,
Florida
| – | -$2K | – | – |
|
SPXS Hedge Fund Activity: Q1 2016 in Review
26 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 3x ETF (SPXS) for Q1 2016, worth a combined $14.6M — up 5% from $13.9M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SPXS positions and 8 closed out — a net gain of 2 holders — while 9 added to existing stakes and 4 trimmed.
The largest buyer was Jump Trading, adding an estimated $3.77M. The largest seller was Barclays, cutting an estimated $2.2M.
- 26 institutional investors held Direxion Daily S&P 500 Bear 3x ETF (SPXS) as of Q1 2016, up from 24 in Q4 2015.
- Funds reported $14.6M of Direxion Daily S&P 500 Bear 3x ETF stock for Q1 2016, up 5% quarter-over-quarter.
- 10 funds opened new Direxion Daily S&P 500 Bear 3x ETF positions in Q1 2016 and 8 closed out, a net change of +2 holders.
- The largest Direxion Daily S&P 500 Bear 3x ETF buyer in Q1 2016 was Jump Trading, an estimated $3.77M added.
- The largest Direxion Daily S&P 500 Bear 3x ETF seller in Q1 2016 was Barclays, an estimated $2.2M sold.
Based on aggregated 13F filings for Q1 2016.