Direxion Daily S&P 500 Bear 3x ETF
SPXS
35 hedge funds and large institutions have $40.6M invested in Direxion Daily S&P 500 Bear 3x ETF in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 8 closing their positions.
131% more call options, than puts
Call options by funds: $57.9M | Put options by funds: $25.1M
44% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 9
0% more funds holding
Funds holding: 35 → 35 (0)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
0.03% less ownership
Funds ownership: 0.11% → 0.08% (-0.03%)
13% less capital invested
Capital invested by funds: $46.8M → $40.6M (-$6.25M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$5.84M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.61M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.25M |
| 4 |
DS
DRW Securities
Chicago,
Illinois
|
+$1.18M |
| 5 |
BF
BOK Financial
Tulsa,
Oklahoma
|
+$1.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIC
Hartline Investment Corp
Winnetka,
Illinois
|
-$10.7M |
| 2 |
VF
Virtu Financial
New York
|
-$3.62M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.8M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$919K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$425K |
SPXS Hedge Fund Activity: Q3 2019 in Review
35 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 3x ETF (SPXS) for Q3 2019, worth a combined $40.6M — down 13% from $46.8M a quarter earlier.
Fund positioning in SPXS was balanced in Q3 2019: 8 funds opened new positions, 8 closed out, 13 added to existing stakes and 9 trimmed.
The largest buyer was IMC Chicago, adding an estimated $5.84M. The largest seller was Hartline Investment Corp, exiting entirely with an estimated $10.7M sold.
- 35 institutional investors held Direxion Daily S&P 500 Bear 3x ETF (SPXS) as of Q3 2019, unchanged from Q2 2019.
- Funds reported $40.6M of Direxion Daily S&P 500 Bear 3x ETF stock for Q3 2019, down 13% quarter-over-quarter.
- 8 funds opened new Direxion Daily S&P 500 Bear 3x ETF positions in Q3 2019 and 8 closed out, a net change of 0 holders.
- The largest Direxion Daily S&P 500 Bear 3x ETF buyer in Q3 2019 was IMC Chicago, an estimated $5.84M added.
- The largest Direxion Daily S&P 500 Bear 3x ETF seller in Q3 2019 was Hartline Investment Corp, an estimated $10.7M sold.
Based on aggregated 13F filings for Q3 2019.