Direxion Daily S&P 500 Bear 3x ETF
SPXS
37 hedge funds and large institutions have $45.3M invested in Direxion Daily S&P 500 Bear 3x ETF in 2024 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 12 closing their positions.
833% more call options, than puts
Call options by funds: $13.3M | Put options by funds: $1.43M
32% more capital invested
Capital invested by funds: $34.2M → $45.3M (+$11M)
0.26% more ownership
Funds ownership: 0.66% → 0.92% (+0.26%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
10% less funds holding
Funds holding: 41 → 37 (-4)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$14.6M |
| 2 |
Jane Street
New York
|
+$5.23M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.01M |
| 4 |
HF
HRT Financial
New York
|
+$4.04M |
| 5 |
PEA
Park Edge Advisors
Cleveland,
Ohio
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
-$14.4M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.82M |
| 3 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
-$394K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$225K |
| 5 |
Morgan Stanley
New York
|
-$197K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Fidelity Investments
Boston,
Massachusetts
| – | -$9 | – | – |
|
SPXS Hedge Fund Activity: Q2 2024 in Review
37 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 3x ETF (SPXS) for Q2 2024, worth a combined $45.3M — up 32% from $34.2M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of SPXS and 9 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 8 added.
The largest buyer was Citadel Advisors, adding an estimated $14.6M. The largest seller was IMC Chicago, cutting an estimated $14.4M.
- 37 institutional investors held Direxion Daily S&P 500 Bear 3x ETF (SPXS) as of Q2 2024, down from 41 in Q1 2024.
- Funds reported $45.3M of Direxion Daily S&P 500 Bear 3x ETF stock for Q2 2024, up 32% quarter-over-quarter.
- 9 funds opened new Direxion Daily S&P 500 Bear 3x ETF positions in Q2 2024 and 12 closed out, a net change of -3 holders.
- The largest Direxion Daily S&P 500 Bear 3x ETF buyer in Q2 2024 was Citadel Advisors, an estimated $14.6M added.
- The largest Direxion Daily S&P 500 Bear 3x ETF seller in Q2 2024 was IMC Chicago, an estimated $14.4M sold.
Based on aggregated 13F filings for Q2 2024.