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Direxion Daily S&P 500 Bear 3x ETF
SPXS

49 hedge funds and large institutions have $58.5M invested in Direxion Daily S&P 500 Bear 3x ETF in 2022 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

299% more call options, than puts

Call options by funds: $26.8M | Put options by funds: $6.73M

250% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 4

79% more capital invested

Capital invested by funds: $32.6M → $58.5M (+$25.9M)

26% more funds holding

Funds holding: 39 → 49 (+10)

0.21% more ownership

Funds ownership: 1% → 1.21% (+0.21%)

31% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 13

Holders
49
Holders Change
+10
Holders Change %
+25.64%
% of All Funds
0.77%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
14
Increased
9
Reduced
13
Closed
4
Calls
$26.8M
Puts
$6.73M
Net Calls
+$20.1M
Net Calls Change
+$11.5M

Top Buyers

Rank Fund Capital Flow
1
ACM
Avalon Capital Management
California
+$17.2M
2
IMC Chicago
IMC Chicago
Illinois
+$2.94M
3
CG
Cutler Group
California
+$2.45M
4
Squarepoint
Squarepoint
New York
+$1.92M
5
SCP
Silverleafe Capital Partners
Tennessee
+$1.24M

Top Sellers

Rank Fund Capital Flow
1
Citadel Advisors
Citadel Advisors
Florida
-$6.25M
2
Simplex Trading
Simplex Trading
Illinois
-$979K
3
GA
GFS Advisors
Texas
-$832K
4
TRCT
Tower Research Capital (TRC)
New York
-$666K
5
Bank of America
Bank of America
North Carolina
-$463K
Name Holding Trade Value Shares
Change 		Change in
Stake
JWA
26
JFS Wealth Advisors
Pennsylvania
$110K +$24.2K +125 +25%
JP Morgan Chase
27
JP Morgan Chase
New York
$89K +$97.7K +505 New
MSFP
28
Mark Sheptoff Financial Planning
Connecticut
$68K – – –
Bank of America
29
Bank of America
North Carolina
$63K -$463K -2,394 -87%
IA
30
IFP Advisors
Florida
$56K +$29K +150 New
Citigroup
31
Citigroup
New York
$53K +$58.1K +300 New
CAPTRUST Financial Advisors
32
CAPTRUST Financial Advisors
North Carolina
$44K +$48.4K +250 New
AWM
33
AllSquare Wealth Management
New York
$41K – – –
Bank of Montreal
34
Bank of Montreal
Ontario, Canada
$25K +$20.7K +107 +1,338%
WTC
35
WhitTier Trust Company
Nevada
$23K – – –
Qube Research & Technologies (QRT)
36
Qube Research & Technologies (QRT)
United Kingdom
$22K -$24.2K -125 -50%
ODG
37
O'Dell Group
Ohio
$15K – – –
LFG
38
Larson Financial Group
Missouri
$13K – – –
SWM
39
Spire Wealth Management
Virginia
$10K -$58.1K -300 -84%
HR
40
Howe & Rusling
New York
$7K – – –
TCWA
41
Ten Capital Wealth Advisors
Washington
$6K – – –
WAM
42
Worth Asset Management
Texas
$5K +$3.48K +18 New
S
43
SignatureFD
Georgia
$5K +$5.8K +30 New
TCM
44
Tradewinds Capital Management
Washington
$2K – – –
NSIM
45
North Star Investment Management
Illinois
$1K – – –
FDCDDQ
46
Federation des caisses Desjardins du Quebec
Quebec, Canada
$949 – – –
WAM
47
Wolverine Asset Management
Illinois
– -$98K -602 Closed
TCWM
48
Total Clarity Wealth Management
Illinois
– -$98K -600 Closed
AFG
49
Albion Financial Group
Utah
– -$20K -120 Closed
DHGWA
50
Dixon Hughes Goodman Wealth Advisors
North Carolina
– -$2K -10 Closed
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SPXS Hedge Fund Activity: Q1 2022 in Review

49 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 3x ETF (SPXS) for Q1 2022, worth a combined $58.5M — up 79% from $32.6M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new SPXS positions and 4 closed out — a net gain of 10 holders — while 9 added to existing stakes and 13 trimmed.

The largest buyer was Avalon Capital Management, opening a new position worth an estimated $17.2M. The largest seller was Citadel Advisors, cutting an estimated $6.25M.

  • 49 institutional investors held Direxion Daily S&P 500 Bear 3x ETF (SPXS) as of Q1 2022, up from 39 in Q4 2021.
  • Funds reported $58.5M of Direxion Daily S&P 500 Bear 3x ETF stock for Q1 2022, up 79% quarter-over-quarter.
  • 14 funds opened new Direxion Daily S&P 500 Bear 3x ETF positions in Q1 2022 and 4 closed out, a net change of +10 holders.
  • The largest Direxion Daily S&P 500 Bear 3x ETF buyer in Q1 2022 was Avalon Capital Management, an estimated $17.2M added.
  • The largest Direxion Daily S&P 500 Bear 3x ETF seller in Q1 2022 was Citadel Advisors, an estimated $6.25M sold.

Based on aggregated 13F filings for Q1 2022.