Direxion Daily S&P 500 Bear 3x ETF
SPXS
31 hedge funds and large institutions have $16.8M invested in Direxion Daily S&P 500 Bear 3x ETF in 2016 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 7 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
19% more capital invested
Capital invested by funds: $14.1M → $16.8M (+$2.75M)
19% more funds holding
Funds holding: 26 → 31 (+5)
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
0% more ownership
Funds ownership: 0.01% → 0.01% (+0%)
48% less call options, than puts
Call options by funds: $20.4M | Put options by funds: $38.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JT
Jump Trading
Chicago,
Illinois
|
+$3.28M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$2.09M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$705K |
| 4 |
DS
DRW Securities
Chicago,
Illinois
|
+$623K |
| 5 |
Jane Street
New York
|
+$428K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
I2I
Insight 2811 Inc
Chicago,
Illinois
|
-$1.29M |
| 2 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$957K |
| 3 |
Barclays
London,
United Kingdom
|
-$755K |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$629K |
| 5 |
Two Sigma Advisers
New York
|
-$293K |
SPXS Hedge Fund Activity: Q3 2016 in Review
31 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 3x ETF (SPXS) for Q3 2016, worth a combined $16.8M — up 19% from $14.1M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SPXS positions and 7 closed out — a net gain of 5 holders — while 8 added to existing stakes and 7 trimmed.
The largest buyer was Jump Trading, opening a new position worth an estimated $3.28M. The largest seller was Insight 2811 Inc, exiting entirely with an estimated $1.29M sold.
- 31 institutional investors held Direxion Daily S&P 500 Bear 3x ETF (SPXS) as of Q3 2016, up from 26 in Q2 2016.
- Funds reported $16.8M of Direxion Daily S&P 500 Bear 3x ETF stock for Q3 2016, up 19% quarter-over-quarter.
- 12 funds opened new Direxion Daily S&P 500 Bear 3x ETF positions in Q3 2016 and 7 closed out, a net change of +5 holders.
- The largest Direxion Daily S&P 500 Bear 3x ETF buyer in Q3 2016 was Jump Trading, an estimated $3.28M added.
- The largest Direxion Daily S&P 500 Bear 3x ETF seller in Q3 2016 was Insight 2811 Inc, an estimated $1.29M sold.
Based on aggregated 13F filings for Q3 2016.