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Direxion Daily S&P 500 Bear 3x ETF
SPXS

31 hedge funds and large institutions have $16.8M invested in Direxion Daily S&P 500 Bear 3x ETF in 2016 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 1 → 3 (+2)

71% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 7

19% more capital invested

Capital invested by funds: $14.1M → $16.8M (+$2.75M)

19% more funds holding

Funds holding: 26 → 31 (+5)

14% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 7

0% more ownership

Funds ownership: 0.01% → 0.01% (+0%)

48% less call options, than puts

Call options by funds: $20.4M | Put options by funds: $38.8M

Holders
31
Holders Change
+5
Holders Change %
+19.23%
% of All Funds
0.83%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.08%
New
12
Increased
8
Reduced
7
Closed
7
Calls
$20.4M
Puts
$38.8M
Net Calls
-$18.5M
Net Calls Change
-$8.94M

Top Buyers

Rank Fund Capital Flow
1
JT
Jump Trading
Illinois
+$3.28M
2
Bank of America
Bank of America
North Carolina
+$2.09M
3
Citadel Advisors
Citadel Advisors
Florida
+$705K
4
DS
DRW Securities
Illinois
+$623K
5
Jane Street
Jane Street
New York
+$428K

Top Sellers

Rank Fund Capital Flow
1
I2I
Insight 2811 Inc
Illinois
-$1.29M
2
TH
Timber Hill
Connecticut
-$957K
3
Barclays
Barclays
United Kingdom
-$755K
4
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
-$629K
5
Two Sigma Advisers
Two Sigma Advisers
New York
-$293K
Name Holding Trade Value Shares
Change 		Change in
Stake
CG
26
Cutler Group
California
$27K -$113K -18 -82%
NFG
27
Next Financial Group
Texas
$25K +$25.2K +4 New
FIB
28
First Interstate Bank
Montana
$10K -$12.6K -2 -50%
US Bancorp
29
US Bancorp
Minnesota
$10K +$12.6K +2 New
SEI Investments
30
SEI Investments
Pennsylvania
$6K +$6.29K +1 New
WAM
31
Wealthspire Advisors (Maryland)
Maryland
$4K – – –
LTFS
32
Ladenburg Thalmann Financial Services
Florida
$2K -$6.29K -1 Closed
FANJ
33
Financial Architects (New Jersey)
New Jersey
$2K – – –
PVH
34
Psagot Value Holdings
Israel
$2K – – –
IA
35
IFP Advisors
Florida
$1K – – –
I2I
36
Insight 2811 Inc
Illinois
– -$1.29M -185 Closed
TH
37
Timber Hill
Connecticut
– -$957K -137 Closed
Two Sigma Advisers
38
Two Sigma Advisers
New York
– -$293K -42 Closed
BA
39
BKS Advisors
Michigan
– -$262K -38 Closed
OIA
40
Optimum Investment Advisors
Illinois
– -$196K -28 Closed
MLM
41
Mount Lucas Management
Pennsylvania
– -$42K -6 Closed
TRCT
42
Tower Research Capital (TRC)
New York
– -$1K – –
1
2

SPXS Hedge Fund Activity: Q3 2016 in Review

31 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 Q3 2016, worth a combined $16.8M — up 19% from $14.1M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new SPXS positions and 7 closed out — a net gain of 5 holders — while 8 added to existing stakes and 7 trimmed.

The largest buyer was Jump Trading, opening a new position worth an estimated $3.28M. The largest seller was Insight 2811 Inc, exiting entirely with an estimated $1.29M sold.

  • 31 institutional investors held Direxion Daily S&P 500 Bear 3x ETF (SPXS) as of Q3 2016, up from 26 in Q2 2016.
  • Funds reported $16.8M of Direxion Daily S&P 500 Bear 3x ETF stock for Q3 2016, up 19% quarter-over-quarter.
  • 12 funds opened new Direxion Daily S&P 500 Bear 3x ETF positions in Q3 2016 and 7 closed out, a net change of +5 holders.
  • The largest Direxion Daily S&P 500 Bear 3x ETF buyer in Q3 2016 was Jump Trading, an estimated $3.28M added.
  • The largest Direxion Daily S&P 500 Bear 3x ETF seller in Q3 2016 was Insight 2811 Inc, an estimated $1.29M sold.

Based on aggregated 13F filings for Q3 2016.