Direxion Daily S&P 500 Bear 3x ETF
SPXS
43 hedge funds and large institutions have $30.3M invested in Direxion Daily S&P 500 Bear 3x ETF in 2024 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 9 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
53% more call options, than puts
Call options by funds: $13.5M | Put options by funds: $8.85M
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
10% more funds holding
Funds holding: 39 → 43 (+4)
4% more capital invested
Capital invested by funds: $29.2M → $30.3M (+$1.14M)
0.17% more ownership
Funds ownership: 0.63% → 0.81% (+0.17%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$4.83M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.64M |
| 3 |
Jane Street
New York
|
+$2.14M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$707K |
| 5 |
Group One Trading
Chicago,
Illinois
|
+$614K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$6.19M |
| 2 |
Simplex Trading
Chicago,
Illinois
|
-$1.66M |
| 3 |
GS
GTS Securities
New York
|
-$1.58M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
-$1.37M |
| 5 |
S
SignatureFD
Atlanta,
Georgia
|
-$878K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SRL
51
Scientech Research LLC
Jersey City,
New Jersey
| – | -$73.2K | -1,101 | Closed |
|
|
KFGK
52
Keystone Financial Group (Kentucky)
Lexington,
Kentucky
| – | -$66.5K | -1,000 | Closed |
|
|
RA
53
Rise Advisors
Rochester,
New York
| – | -$3.33K | -50 | Closed |
|
54
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
| – | -$436 | -7 | Closed |
|
SPXS Hedge Fund Activity: Q4 2024 in Review
43 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 3x ETF (SPXS) for Q4 2024, worth a combined $30.3M — up 3.9% from $29.2M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new SPXS positions and 9 closed out — a net gain of 4 holders — while 14 added to existing stakes and 8 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $4.83M. The largest seller was Citadel Advisors, cutting an estimated $6.19M.
- 43 institutional investors held Direxion Daily S&P 500 Bear 3x ETF (SPXS) as of Q4 2024, up from 39 in Q3 2024.
- Funds reported $30.3M of Direxion Daily S&P 500 Bear 3x ETF stock for Q4 2024, up 3.9% quarter-over-quarter.
- 13 funds opened new Direxion Daily S&P 500 Bear 3x ETF positions in Q4 2024 and 9 closed out, a net change of +4 holders.
- The largest Direxion Daily S&P 500 Bear 3x ETF buyer in Q4 2024 was Virtu Financial, an estimated $4.83M added.
- The largest Direxion Daily S&P 500 Bear 3x ETF seller in Q4 2024 was Citadel Advisors, an estimated $6.19M sold.
Based on aggregated 13F filings for Q4 2024.