Direxion Daily S&P 500 Bear 3x ETF
SPXS
19 hedge funds and large institutions have $10.6M invested in Direxion Daily S&P 500 Bear 3x ETF in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 1 reducing their positions, and 3 closing their positions.
900% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 1
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
6% more funds holding
Funds holding: 18 → 19 (+1)
0.01% less ownership
Funds ownership: 0.01% → 0.01% (-0.01%)
17% less capital invested
Capital invested by funds: $12.7M → $10.6M (-$2.11M)
37% less call options, than puts
Call options by funds: $5.96M | Put options by funds: $9.42M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.14M |
| 2 |
JT
Jump Trading
Chicago,
Illinois
|
+$1.09M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$493K |
| 4 |
VF
Virtu Financial
New York
|
+$478K |
| 5 |
Goldman Sachs
New York
|
+$420K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PSW
Portfolio Strategies (Washington)
Tacoma,
Washington
|
-$2.47M |
| 2 |
AAA
Adams Asset Advisors
Dallas,
Texas
|
-$2.15M |
| 3 |
Morgan Stanley
New York
|
-$377K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$43.5K |
SPXS Hedge Fund Activity: Q2 2014 in Review
19 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 3x ETF (SPXS) for Q2 2014, worth a combined $10.6M — down 17% from $12.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SPXS positions and 3 closed out — a net gain of 1 holder — while 10 added to existing stakes and 1 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $1.14M. The largest seller was Portfolio Strategies (Washington), exiting entirely with an estimated $2.47M sold.
- 19 institutional investors held Direxion Daily S&P 500 Bear 3x ETF (SPXS) as of Q2 2014, up from 18 in Q1 2014.
- Funds reported $10.6M of Direxion Daily S&P 500 Bear 3x ETF stock for Q2 2014, down 17% quarter-over-quarter.
- 4 funds opened new Direxion Daily S&P 500 Bear 3x ETF positions in Q2 2014 and 3 closed out, a net change of +1 holder.
- The largest Direxion Daily S&P 500 Bear 3x ETF buyer in Q2 2014 was Susquehanna International Group, an estimated $1.14M added.
- The largest Direxion Daily S&P 500 Bear 3x ETF seller in Q2 2014 was Portfolio Strategies (Washington), an estimated $2.47M sold.
Based on aggregated 13F filings for Q2 2014.