Direxion Daily S&P 500 Bear 3x ETF
SPXS
33 hedge funds and large institutions have $46.2M invested in Direxion Daily S&P 500 Bear 3x ETF in 2018 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 6 closing their positions.
91% more capital invested
Capital invested by funds: $24.2M → $46.2M (+$22M)
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
18% more funds holding
Funds holding: 28 → 33 (+5)
7% more call options, than puts
Call options by funds: $41.3M | Put options by funds: $38.7M
0.07% more ownership
Funds ownership: 0.08% → 0.15% (+0.07%)
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$6.58M |
| 2 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
+$3.67M |
| 3 |
DS
DRW Securities
Chicago,
Illinois
|
+$2.71M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.5M |
| 5 |
VF
Virtu Financial
New York
|
+$1.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$2.76M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$2.27M |
| 3 |
RHBC
R.H. Bluestein & Co
Birmingham,
Michigan
|
-$2.16M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.02M |
| 5 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
-$1.07M |
SPXS Hedge Fund Activity: Q4 2018 in Review
33 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 3x ETF (SPXS) for Q4 2018, worth a combined $46.2M — up 91% from $24.2M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new SPXS positions and 6 closed out — a net gain of 5 holders — while 8 added to existing stakes and 8 trimmed.
The largest buyer was Deutsche Bank, opening a new position worth an estimated $6.58M. The largest seller was Bank of Montreal, exiting entirely with an estimated $2.76M sold.
- 33 institutional investors held Direxion Daily S&P 500 Bear 3x ETF (SPXS) as of Q4 2018, up from 28 in Q3 2018.
- Funds reported $46.2M of Direxion Daily S&P 500 Bear 3x ETF stock for Q4 2018, up 91% quarter-over-quarter.
- 11 funds opened new Direxion Daily S&P 500 Bear 3x ETF positions in Q4 2018 and 6 closed out, a net change of +5 holders.
- The largest Direxion Daily S&P 500 Bear 3x ETF buyer in Q4 2018 was Deutsche Bank, an estimated $6.58M added.
- The largest Direxion Daily S&P 500 Bear 3x ETF seller in Q4 2018 was Bank of Montreal, an estimated $2.76M sold.
Based on aggregated 13F filings for Q4 2018.