We are live on ! Find out more
SPXS icon

Direxion Daily S&P 500 Bear 3x ETF
SPXS

62 hedge funds and large institutions have $61.8M invested in Direxion Daily S&P 500 Bear 3x ETF in 2020 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 16 increasing their positions, 10 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

129% more call options, than puts

Call options by funds: $38.4M | Put options by funds: $16.8M

60% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 10

53% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 19

19% more funds holding

Funds holding: 52 → 62 (+10)

0.08% less ownership

Funds ownership: 0.15% → 0.06% (-0.08%)

41% less capital invested

Capital invested by funds: $104M → $61.8M (-$42.6M)

50% less funds holding in top 10

Funds holding in top 10: 2 → 1 (-1)

Holders
62
Holders Change
+10
Holders Change %
+19.23%
% of All Funds
1.27%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
29
Increased
16
Reduced
10
Closed
19
Calls
$38.4M
Puts
$16.8M
Net Calls
+$21.6M
Net Calls Change
-$48.6M

Top Buyers

Rank Fund Capital Flow
1
HIC
Hartline Investment Corp
Illinois
+$15.6M
2
GA
GFS Advisors
Texas
+$5.04M
3
Citadel Advisors
Citadel Advisors
Florida
+$4.71M
4
NAM
Nexpoint Asset Management
Texas
+$4.54M
5
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$4.17M

Top Sellers

Rank Fund Capital Flow
1
FTUS
Flow Traders U.S.
New York
-$15M
2
IMC Chicago
IMC Chicago
Illinois
-$6.82M
3
TCM
Traynor Capital Management
Pennsylvania
-$4.62M
4
CG
Cutler Group
California
-$4.61M
5
Jane Street
Jane Street
New York
-$2.42M
Name Holding Trade Value Shares
Change 		Change in
Stake
AWS
26
AJ Wealth Strategies
New York
$234K +$302K +300 New
TRCT
27
Tower Research Capital (TRC)
New York
$195K -$1.72M -1,710 -87%
AWM
28
AllSquare Wealth Management
New York
$192K +$60.5K +60 +32%
Commonwealth Equity Services
29
Commonwealth Equity Services
Massachusetts
$175K +$227K +225 New
Cerity Partners
30
Cerity Partners
New York
$148K +$192K +190 New
Citigroup
31
Citigroup
New York
$136K +$175K +174 New
GPA
32
Guidance Point Advisors
Massachusetts
$133K +$22.2K +22 +15%
AWM
33
Altium Wealth Management
New York
$125K +$16.1K +16 +11%
DCM
34
Donaldson Capital Management
Indiana
$117K +$151K +150 New
PCS
35
Personal CFO Solutions
New Jersey
$117K +$151K +150 New
Walleye Trading
36
Walleye Trading
New York
$105K +$54.4K +54 +67%
WAS
37
Wealth Advisory Solutions
Indiana
$97K +$126K +125 New
KTA
38
Keeley-Teton Advisors
Illinois
$94K +$121K +120 New
RHBC
39
R.H. Bluestein & Co
Michigan
$94K +$121K +120 New
CPIG
40
Chicago Partners Investment Group
Illinois
$88K +$132K +131 New
BWM
41
BCS Wealth Management
Tennessee
$82K +$106K +105 New
JP Morgan Chase
42
JP Morgan Chase
New York
$79K +$45.4K +45 +80%
WAM
43
Wealthspire Advisors (Maryland)
Maryland
$78K – – –
WP
44
WealthShield Partners
North Carolina
$69K +$88.7K +88 New
MIFH
45
Migdal Insurance & Financial Holdings
Israel
$68K – – –
FDCDDQ
46
Federation des caisses Desjardins du Quebec
Quebec, Canada
$62.8K -$41.3K -41 -34%
Bank of Montreal
47
Bank of Montreal
Ontario, Canada
$53K +$67.5K +67 +1,340%
WP
48
WealthSource Partners
California
$34K +$43.3K +43 New
CFGS
49
Concourse Financial Group Securities
Alabama
$31K +$40.3K +40 New
HWM
50
HighMark Wealth Management
Minnesota
$31K +$40.3K +40 New
1
2
3 4

SPXS Hedge Fund Activity: Q2 2020 in Review

62 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 3x ETF (SPXS) for Q2 2020, worth a combined $61.8M — down 41% from $104M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new SPXS positions and 19 closed out — a net gain of 10 holders — while 16 added to existing stakes and 10 trimmed.

The largest buyer was Hartline Investment Corp, adding an estimated $15.6M. The largest seller was Flow Traders U.S., exiting entirely with an estimated $15M sold.

  • 62 institutional investors held Direxion Daily S&P 500 Bear 3x ETF (SPXS) as of Q2 2020, up from 52 in Q1 2020.
  • Funds reported $61.8M of Direxion Daily S&P 500 Bear 3x ETF stock for Q2 2020, down 41% quarter-over-quarter.
  • 29 funds opened new Direxion Daily S&P 500 Bear 3x ETF positions in Q2 2020 and 19 closed out, a net change of +10 holders.
  • The largest Direxion Daily S&P 500 Bear 3x ETF buyer in Q2 2020 was Hartline Investment Corp, an estimated $15.6M added.
  • The largest Direxion Daily S&P 500 Bear 3x ETF seller in Q2 2020 was Flow Traders U.S., an estimated $15M sold.

Based on aggregated 13F filings for Q2 2020.