Direxion Daily S&P 500 Bear 3x ETF
SPXS
26 hedge funds and large institutions have $14.1M invested in Direxion Daily S&P 500 Bear 3x ETF in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 6 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
0% more funds holding
Funds holding: 26 → 26 (0)
0% less ownership
Funds ownership: 0.01% → 0.01% (-0%)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
4% less capital invested
Capital invested by funds: $14.6M → $14.1M (-$520K)
24% less call options, than puts
Call options by funds: $30.3M | Put options by funds: $39.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KC
Kingfisher Capital
Charlotte,
North Carolina
|
+$2.99M |
| 2 |
I2I
Insight 2811 Inc
Chicago,
Illinois
|
+$1.37M |
| 3 |
Barclays
London,
United Kingdom
|
+$1.22M |
| 4 |
AAA
Adams Asset Advisors
Dallas,
Texas
|
+$875K |
| 5 |
JC
JCSD Capital
Walnut Creek,
California
|
+$297K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JT
Jump Trading
Chicago,
Illinois
|
-$3.35M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.56M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$497K |
| 4 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
-$443K |
| 5 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$282K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $4K | – | – | – |
|
|
FANJ
27
Financial Architects (New Jersey)
Marlton,
New Jersey
| $3K | – | – | – |
|
|
IA
28
IFP Advisors
Tampa,
Florida
| $1K | – | – | – |
|
|
PVH
29
Psagot Value Holdings
Tel Aviv,
Israel
| $1K | – | – | – |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| $1K | – | – | – |
|
|
JT
31
Jump Trading
Chicago,
Illinois
| – | -$3.35M | -435 | Closed |
|
|
32
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$2.56M | -345 | Closed |
|
|
ACM
33
Avalon Capital Management
Port Of Redwood City,
California
| – | -$443K | -57 | Closed |
|
34
Bank of America
Charlotte,
North Carolina
| – | -$237K | -32 | Closed |
|
|
TSS
35
Two Sigma Securities
New York
| – | -$223K | -29 | Closed |
|
36
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$108K | -14 | Closed |
|
SPXS Hedge Fund Activity: Q2 2016 in Review
26 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 3x ETF (SPXS) for Q2 2016, worth a combined $14.1M — down 3.6% from $14.6M a quarter earlier.
Fund positioning in SPXS was balanced in Q2 2016: 6 funds opened new positions, 6 closed out, 9 added to existing stakes and 6 trimmed.
The largest buyer was Kingfisher Capital, opening a new position worth an estimated $2.99M. The largest seller was Jump Trading, exiting entirely with an estimated $3.35M sold.
- 26 institutional investors held Direxion Daily S&P 500 Bear 3x ETF (SPXS) as of Q2 2016, unchanged from Q1 2016.
- Funds reported $14.1M of Direxion Daily S&P 500 Bear 3x ETF stock for Q2 2016, down 3.6% quarter-over-quarter.
- 6 funds opened new Direxion Daily S&P 500 Bear 3x ETF positions in Q2 2016 and 6 closed out, a net change of 0 holders.
- The largest Direxion Daily S&P 500 Bear 3x ETF buyer in Q2 2016 was Kingfisher Capital, an estimated $2.99M added.
- The largest Direxion Daily S&P 500 Bear 3x ETF seller in Q2 2016 was Jump Trading, an estimated $3.35M sold.
Based on aggregated 13F filings for Q2 2016.