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Direxion Daily S&P 500 Bear 3x ETF
SPXS

61 hedge funds and large institutions have $56.9M invested in Direxion Daily S&P 500 Bear 3x ETF in 2020 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

151% more call options, than puts

Call options by funds: $37M | Put options by funds: $14.7M

33% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 12

0.01% more ownership

Funds ownership: 0.06% → 0.08% (+0.01%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

0% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 19

2% less funds holding

Funds holding: 62 → 61 (-1)

8% less capital invested

Capital invested by funds: $61.8M → $56.9M (-$4.94M)

Holders
61
Holders Change
-1
Holders Change %
-1.61%
% of All Funds
1.23%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
19
Increased
16
Reduced
12
Closed
19
Calls
$37M
Puts
$14.7M
Net Calls
+$22.3M
Net Calls Change
+$651K

Top Buyers

Rank Fund Capital Flow
1
HIC
Hartline Investment Corp
Illinois
+$6.21M
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$4.78M
3
CG
Cutler Group
California
+$3.51M
4
Citadel Advisors
Citadel Advisors
Florida
+$1.64M
5
TRCT
Tower Research Capital (TRC)
New York
+$1.59M

Top Sellers

Rank Fund Capital Flow
1
NAM
Nexpoint Asset Management
Texas
-$3.52M
2
DS
DRW Securities
Illinois
-$2.49M
3
Simplex Trading
Simplex Trading
Illinois
-$2.41M
4
WAM
Wolverine Asset Management
Illinois
-$1.4M
5
USGIU
U.S. Global Investors (USGI)
Texas
-$1.36M
Name Holding Trade Value Shares
Change 		Change in
Stake
AWS
26
AJ Wealth Strategies
New York
$173K – – –
FTUS
27
Flow Traders U.S.
New York
$163K +$176K +283 New
Citigroup
28
Citigroup
New York
$150K +$54.1K +87 +50%
Bank of Montreal
29
Bank of Montreal
Ontario, Canada
$148K +$116K +186 +258%
AWM
30
AllSquare Wealth Management
New York
$135K -$7.47K -12 -5%
Commonwealth Equity Services
31
Commonwealth Equity Services
Massachusetts
$117K -$13.1K -21 -9%
LSA
32
Lion Street Advisors
Texas
$108K +$126K +203 New
VNA
33
Valley National Advisers
Pennsylvania
$100K -$136K -219 -56%
AWM
34
Altium Wealth Management
New York
$92K – – –
WAS
35
Wealth Advisory Solutions
Indiana
$92K +$21.8K +35 +28%
RHBC
36
R.H. Bluestein & Co
Michigan
$86K +$18.7K +30 +25%
TCM
37
Traynor Capital Management
Pennsylvania
$86K +$104K +167 New
GPA
38
Guidance Point Advisors
Massachusetts
$83K -$15.6K -25 -15%
MIFH
39
Migdal Insurance & Financial Holdings
Israel
$67K – – –
AAS
40
Annex Advisory Services
Wisconsin
$62K +$67.2K +108 New
BWM
41
BCS Wealth Management
Tennessee
$60K – – –
CIBC Private Wealth Group
42
CIBC Private Wealth Group
Georgia
$58K +$62.2K +100 New
ECG
43
Edge Capital Group
Georgia
$58K +$62.2K +100 New
WTC
44
WhitTier Trust Company
Nevada
$58K +$62.2K +100 New
JP Morgan Chase
45
JP Morgan Chase
New York
$46K -$13.7K -22 -22%
WP
46
WealthShield Partners
North Carolina
$39K -$12.4K -20 -23%
HR
47
Howe & Rusling
New York
$35K +$37.3K +60 New
HGWM
48
Harvest Group Wealth Management
Massachusetts
$19K – – –
S
49
SignatureFD
Georgia
$17K +$18.7K +30 New
FCM
50
Firestone Capital Management
Florida
$14K – – –
1
2
3 4

SPXS Hedge Fund Activity: Q3 2020 in Review

61 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 3x ETF (SPXS) for Q3 2020, worth a combined $56.9M — down 8% from $61.8M a quarter earlier.

Fund positioning in SPXS was balanced in Q3 2020: 19 funds opened new positions, 19 closed out, 16 added to existing stakes and 12 trimmed.

The largest buyer was Hartline Investment Corp, adding an estimated $6.21M. The largest seller was Nexpoint Asset Management, exiting entirely with an estimated $3.52M sold.

  • 61 institutional investors held Direxion Daily S&P 500 Bear 3x ETF (SPXS) as of Q3 2020, down from 62 in Q2 2020.
  • Funds reported $56.9M of Direxion Daily S&P 500 Bear 3x ETF stock for Q3 2020, down 8% quarter-over-quarter.
  • 19 funds opened new Direxion Daily S&P 500 Bear 3x ETF positions in Q3 2020 and 19 closed out, a net change of 0 holders.
  • The largest Direxion Daily S&P 500 Bear 3x ETF buyer in Q3 2020 was Hartline Investment Corp, an estimated $6.21M added.
  • The largest Direxion Daily S&P 500 Bear 3x ETF seller in Q3 2020 was Nexpoint Asset Management, an estimated $3.52M sold.

Based on aggregated 13F filings for Q3 2020.