Direxion Daily S&P 500 Bear 3x ETF
SPXS
20 hedge funds and large institutions have $27.1M invested in Direxion Daily S&P 500 Bear 3x ETF in 2013 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
87% more call options, than puts
Call options by funds: $9.37M | Put options by funds: $5.02M
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
25% more funds holding
Funds holding: 16 → 20 (+4)
0% more capital invested
Capital invested by funds: $27M → $27.1M (+$110K)
0.01% more ownership
Funds ownership: 0.02% → 0.03% (+0.01%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$8.39M |
| 2 |
VF
Virtu Financial
New York
|
+$2.6M |
| 3 |
JT
Jump Trading
Chicago,
Illinois
|
+$1.9M |
| 4 |
AC
Altus Capital
Mayfield Heights,
Ohio
|
+$1.46M |
| 5 |
GCT
Galaxy Capital Trading
Road Town,
British Virgin Islands
|
+$1.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
McGlinn Capital Management
Wyomissing,
Pennsylvania
|
-$4.23M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2.35M |
| 3 |
AAA
Adams Asset Advisors
Dallas,
Texas
|
-$1.94M |
| 4 |
MWP
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
|
-$1.06M |
| 5 |
BAC
Boys Arnold & Co
Asheville,
North Carolina
|
-$613K |
SPXS Hedge Fund Activity: Q4 2013 in Review
20 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 3x ETF (SPXS) for Q4 2013, worth a combined $27.1M — up 0.41% from $27M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new SPXS positions and 4 closed out — a net gain of 4 holders — while 7 added to existing stakes and 5 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $8.39M. The largest seller was McGlinn Capital Management, cutting an estimated $4.23M.
- 20 institutional investors held Direxion Daily S&P 500 Bear 3x ETF (SPXS) as of Q4 2013, up from 16 in Q3 2013.
- Funds reported $27.1M of Direxion Daily S&P 500 Bear 3x ETF stock for Q4 2013, up 0.41% quarter-over-quarter.
- 8 funds opened new Direxion Daily S&P 500 Bear 3x ETF positions in Q4 2013 and 4 closed out, a net change of +4 holders.
- The largest Direxion Daily S&P 500 Bear 3x ETF buyer in Q4 2013 was Goldman Sachs, an estimated $8.39M added.
- The largest Direxion Daily S&P 500 Bear 3x ETF seller in Q4 2013 was McGlinn Capital Management, an estimated $4.23M sold.
Based on aggregated 13F filings for Q4 2013.