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Direxion Daily S&P 500 Bear 3x ETF
SPXS

44 hedge funds and large institutions have $33M invested in Direxion Daily S&P 500 Bear 3x ETF in 2020 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

74% more call options, than puts

Call options by funds: $14.4M | Put options by funds: $8.28M

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

0.02% less ownership

Funds ownership: 0.08% → 0.06% (-0.02%)

9% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 11

28% less funds holding

Funds holding: 61 → 44 (-17)

42% less capital invested

Capital invested by funds: $56.9M → $33M (-$23.9M)

53% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 32

Holders
44
Holders Change
-17
Holders Change %
-27.87%
% of All Funds
0.78%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
15
Increased
10
Reduced
11
Closed
32
Calls
$14.4M
Puts
$8.28M
Net Calls
+$6.13M
Net Calls Change
-$16.1M

Top Buyers

Rank Fund Capital Flow
1
Citadel Advisors
Citadel Advisors
Florida
+$4.23M
2
CG
Cutler Group
California
+$2.33M
3
IMC Chicago
IMC Chicago
Illinois
+$2.3M
4
LSA
Lion Street Advisors
Texas
+$2.29M
5
FTUS
Flow Traders U.S.
New York
+$1.97M

Top Sellers

Rank Fund Capital Flow
1
HIC
Hartline Investment Corp
Illinois
-$14.8M
2
CIC
Canal Insurance Company
South Carolina
-$6.78M
3
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$3.05M
4
GPWA
Great Point Wealth Advisors
Massachusetts
-$1.48M
5
Jane Street
Jane Street
New York
-$719K
Name Holding Trade Value Shares
Change 		Change in
Stake
Citigroup
26
Citigroup
New York
$84K -$21.9K -46 -18%
DAS
27
Dynamic Advisor Solutions
Arizona
$76K +$92.7K +195 New
GPA
28
Guidance Point Advisors
Massachusetts
$56K – – –
SHIM
29
Stone House Investment Management
Pennsylvania
$52K +$62.8K +132 New
WAS
30
Wealth Advisory Solutions
Indiana
$43K -$22.8K -48 -30%
EAM
31
Evanson Asset Management
California
$41K -$375K -789 -88%
BWM
32
BCS Wealth Management
Tennessee
$41K – – –
IWM
33
IHT Wealth Management
Illinois
$41K +$50.4K +106 New
WP
34
WealthShield Partners
North Carolina
$39K +$15.2K +32 +47%
PCP
35
Proficio Capital Partners
Massachusetts
$39K +$47.6K +100 New
JP Morgan Chase
36
JP Morgan Chase
New York
$30K -$951 -2 -3%
CAAS
37
Capital Asset Advisory Services
Michigan
$13K +$16.2K +34 New
S
38
SignatureFD
Georgia
$12K – – –
TCWA
39
Ten Capital Wealth Advisors
Washington
$12K +$15.2K +32 New
FCM
40
Firestone Capital Management
Florida
$10K – – –
HWM
41
HighMark Wealth Management
Minnesota
$4K – – –
FDCDDQ
42
Federation des caisses Desjardins du Quebec
Quebec, Canada
$2.11K – – –
HGWM
43
Harvest Group Wealth Management
Massachusetts
$1K -$14.7K -31 -97%
Osaic Holdings
44
Osaic Holdings
Arizona
$1K – – –
HIC
45
Hartline Investment Corp
Illinois
– -$14.8M -25,611 Closed
GPWA
46
Great Point Wealth Advisors
Massachusetts
– -$1.48M -1,890 Closed
VF
47
Virtu Financial
New York
– -$713K -1,237 Closed
SBIA
48
Sheaff Brock Investment Advisors
Indiana
– -$461K -800 Closed
HighTower Advisors
49
HighTower Advisors
Illinois
– -$386K -670 Closed
JWM
50
Jeppson Wealth Management
California
– -$332K -577 Closed
1
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SPXS Hedge Fund Activity: Q4 2020 in Review

44 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 3x ETF (SPXS) for Q4 2020, worth a combined $33M — down 42% from $56.9M a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of SPXS and 15 opened new positions — a net loss of 17 holders — while 11 trimmed existing stakes and 10 added.

The largest buyer was Citadel Advisors, adding an estimated $4.23M. The largest seller was Hartline Investment Corp, exiting entirely with an estimated $14.8M sold.

  • 44 institutional investors held Direxion Daily S&P 500 Bear 3x ETF (SPXS) as of Q4 2020, down from 61 in Q3 2020.
  • Funds reported $33M of Direxion Daily S&P 500 Bear 3x ETF stock for Q4 2020, down 42% quarter-over-quarter.
  • 15 funds opened new Direxion Daily S&P 500 Bear 3x ETF positions in Q4 2020 and 32 closed out, a net change of -17 holders.
  • The largest Direxion Daily S&P 500 Bear 3x ETF buyer in Q4 2020 was Citadel Advisors, an estimated $4.23M added.
  • The largest Direxion Daily S&P 500 Bear 3x ETF seller in Q4 2020 was Hartline Investment Corp, an estimated $14.8M sold.

Based on aggregated 13F filings for Q4 2020.