Direxion Daily S&P 500 Bear 3x ETF
SPXS
21 hedge funds and large institutions have $30.6M invested in Direxion Daily S&P 500 Bear 3x ETF in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 2 closing their positions.
187% more capital invested
Capital invested by funds: $10.6M → $30.6M (+$19.9M)
125% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 4
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
11% more funds holding
Funds holding: 19 → 21 (+2)
0.01% more ownership
Funds ownership: 0.01% → 0.02% (+0.01%)
22% less call options, than puts
Call options by funds: $8.43M | Put options by funds: $10.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$16.9M |
| 2 |
VF
Virtu Financial
New York
|
+$1.46M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.39M |
| 4 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
+$1.1M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$562K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JT
Jump Trading
Chicago,
Illinois
|
-$1.64M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$272K |
| 3 |
Citigroup
New York
|
-$212K |
| 4 |
AC
Altus Capital
Mayfield Heights,
Ohio
|
-$125K |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$125K |
SPXS Hedge Fund Activity: Q3 2014 in Review
21 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 3x ETF (SPXS) for Q3 2014, worth a combined $30.6M — up 187% from $10.6M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SPXS positions and 2 closed out — a net gain of 2 holders — while 9 added to existing stakes and 4 trimmed.
The largest buyer was Neuberger Berman Group, opening a new position worth an estimated $16.9M. The largest seller was Jump Trading, exiting entirely with an estimated $1.64M sold.
- 21 institutional investors held Direxion Daily S&P 500 Bear 3x ETF (SPXS) as of Q3 2014, up from 19 in Q2 2014.
- Funds reported $30.6M of Direxion Daily S&P 500 Bear 3x ETF stock for Q3 2014, up 187% quarter-over-quarter.
- 4 funds opened new Direxion Daily S&P 500 Bear 3x ETF positions in Q3 2014 and 2 closed out, a net change of +2 holders.
- The largest Direxion Daily S&P 500 Bear 3x ETF buyer in Q3 2014 was Neuberger Berman Group, an estimated $16.9M added.
- The largest Direxion Daily S&P 500 Bear 3x ETF seller in Q3 2014 was Jump Trading, an estimated $1.64M sold.
Based on aggregated 13F filings for Q3 2014.