Direxion Daily S&P 500 Bear 3x ETF
SPXS
18 hedge funds and large institutions have $12.7M invested in Direxion Daily S&P 500 Bear 3x ETF in 2014 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 9 reducing their positions, and 7 closing their positions.
3% more call options, than puts
Call options by funds: $3.67M | Put options by funds: $3.55M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.02% less ownership
Funds ownership: 0.03% → 0.01% (-0.02%)
10% less funds holding
Funds holding: 20 → 18 (-2)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
53% less capital invested
Capital invested by funds: $27.1M → $12.7M (-$14.3M)
78% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWP
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
|
+$3.36M |
| 2 |
PSW
Portfolio Strategies (Washington)
Tacoma,
Washington
|
+$2.69M |
| 3 |
MCM
McGlinn Capital Management
Wyomissing,
Pennsylvania
|
+$167K |
| 4 |
AA
AlphaMark Advisors
Ft. Wright,
Kentucky
|
+$33.4K |
| 5 |
Citigroup
New York
|
+$33.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$7.82M |
| 2 |
VF
Virtu Financial
New York
|
-$4.01M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$2.57M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$801K |
| 5 |
JT
Jump Trading
Chicago,
Illinois
|
-$768K |
SPXS Hedge Fund Activity: Q1 2014 in Review
18 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 3x ETF (SPXS) for Q1 2014, worth a combined $12.7M — down 53% from $27.1M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SPXS and 6 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 2 added.
The largest buyer was MYCIO Wealth Partners, opening a new position worth an estimated $3.36M. The largest seller was Goldman Sachs, exiting entirely with an estimated $7.82M sold.
- 18 institutional investors held Direxion Daily S&P 500 Bear 3x ETF (SPXS) as of Q1 2014, down from 20 in Q4 2013.
- Funds reported $12.7M of Direxion Daily S&P 500 Bear 3x ETF stock for Q1 2014, down 53% quarter-over-quarter.
- 6 funds opened new Direxion Daily S&P 500 Bear 3x ETF positions in Q1 2014 and 7 closed out, a net change of -1 holder.
- The largest Direxion Daily S&P 500 Bear 3x ETF buyer in Q1 2014 was MYCIO Wealth Partners, an estimated $3.36M added.
- The largest Direxion Daily S&P 500 Bear 3x ETF seller in Q1 2014 was Goldman Sachs, an estimated $7.82M sold.
Based on aggregated 13F filings for Q1 2014.