Direxion Daily S&P 500 Bear 3x ETF
SPXS
35 hedge funds and large institutions have $46.8M invested in Direxion Daily S&P 500 Bear 3x ETF in 2019 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 4 reducing their positions, and 8 closing their positions.
275% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 4
85% more call options, than puts
Call options by funds: $46.4M | Put options by funds: $25M
31% more capital invested
Capital invested by funds: $35.7M → $46.8M (+$11.1M)
0.02% more ownership
Funds ownership: 0.09% → 0.11% (+0.02%)
0% more funds holding
Funds holding: 35 → 35 (0)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIC
Hartline Investment Corp
Winnetka,
Illinois
|
+$11.6M |
| 2 |
Morgan Stanley
New York
|
+$1.88M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.87M |
| 4 |
VF
Virtu Financial
New York
|
+$1.63M |
| 5 |
Barclays
London,
United Kingdom
|
+$1.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.95M |
| 2 |
TCM
Tuttle Capital Management
Riverside,
Connecticut
|
-$2.64M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$532K |
| 4 |
AMAL
Asset Management Advisors LLC
Oklahoma City,
Oklahoma
|
-$288K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$279K |
SPXS Hedge Fund Activity: Q2 2019 in Review
35 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 3x ETF (SPXS) for Q2 2019, worth a combined $46.8M — up 31% from $35.7M a quarter earlier.
Fund positioning in SPXS was balanced in Q2 2019: 8 funds opened new positions, 8 closed out, 15 added to existing stakes and 4 trimmed.
The largest buyer was Hartline Investment Corp, opening a new position worth an estimated $11.6M. The largest seller was Deutsche Bank, cutting an estimated $3.95M.
- 35 institutional investors held Direxion Daily S&P 500 Bear 3x ETF (SPXS) as of Q2 2019, unchanged from Q1 2019.
- Funds reported $46.8M of Direxion Daily S&P 500 Bear 3x ETF stock for Q2 2019, up 31% quarter-over-quarter.
- 8 funds opened new Direxion Daily S&P 500 Bear 3x ETF positions in Q2 2019 and 8 closed out, a net change of 0 holders.
- The largest Direxion Daily S&P 500 Bear 3x ETF buyer in Q2 2019 was Hartline Investment Corp, an estimated $11.6M added.
- The largest Direxion Daily S&P 500 Bear 3x ETF seller in Q2 2019 was Deutsche Bank, an estimated $3.95M sold.
Based on aggregated 13F filings for Q2 2019.