Direxion Daily S&P 500 Bear 3x ETF
SPXS
61 hedge funds and large institutions have $56.9M invested in Direxion Daily S&P 500 Bear 3x ETF in 2020 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 19 closing their positions.
151% more call options, than puts
Call options by funds: $37M | Put options by funds: $14.7M
33% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 12
0.01% more ownership
Funds ownership: 0.06% → 0.08% (+0.01%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 19
2% less funds holding
Funds holding: 62 → 61 (-1)
8% less capital invested
Capital invested by funds: $61.8M → $56.9M (-$4.94M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIC
Hartline Investment Corp
Winnetka,
Illinois
|
+$6.21M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.78M |
| 3 |
CG
Cutler Group
San Francisco,
California
|
+$3.51M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.64M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NAM
Nexpoint Asset Management
Dallas,
Texas
|
-$3.52M |
| 2 |
DS
DRW Securities
Chicago,
Illinois
|
-$2.49M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
-$2.41M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.4M |
| 5 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$1.36M |
SPXS Hedge Fund Activity: Q3 2020 in Review
61 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 3x ETF (SPXS) for Q3 2020, worth a combined $56.9M — down 8% from $61.8M a quarter earlier.
Fund positioning in SPXS was balanced in Q3 2020: 19 funds opened new positions, 19 closed out, 16 added to existing stakes and 12 trimmed.
The largest buyer was Hartline Investment Corp, adding an estimated $6.21M. The largest seller was Nexpoint Asset Management, exiting entirely with an estimated $3.52M sold.
- 61 institutional investors held Direxion Daily S&P 500 Bear 3x ETF (SPXS) as of Q3 2020, down from 62 in Q2 2020.
- Funds reported $56.9M of Direxion Daily S&P 500 Bear 3x ETF stock for Q3 2020, down 8% quarter-over-quarter.
- 19 funds opened new Direxion Daily S&P 500 Bear 3x ETF positions in Q3 2020 and 19 closed out, a net change of 0 holders.
- The largest Direxion Daily S&P 500 Bear 3x ETF buyer in Q3 2020 was Hartline Investment Corp, an estimated $6.21M added.
- The largest Direxion Daily S&P 500 Bear 3x ETF seller in Q3 2020 was Nexpoint Asset Management, an estimated $3.52M sold.
Based on aggregated 13F filings for Q3 2020.