Direxion Daily S&P 500 Bear 3x ETF
SPXS
44 hedge funds and large institutions have $33M invested in Direxion Daily S&P 500 Bear 3x ETF in 2020 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 32 closing their positions.
74% more call options, than puts
Call options by funds: $14.4M | Put options by funds: $8.28M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.02% less ownership
Funds ownership: 0.08% → 0.06% (-0.02%)
9% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 11
28% less funds holding
Funds holding: 61 → 44 (-17)
42% less capital invested
Capital invested by funds: $56.9M → $33M (-$23.9M)
53% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$4.23M |
| 2 |
CG
Cutler Group
San Francisco,
California
|
+$2.33M |
| 3 |
IMC Chicago
Chicago,
Illinois
|
+$2.3M |
| 4 |
LSA
Lion Street Advisors
Austin,
Texas
|
+$2.29M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$1.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIC
Hartline Investment Corp
Winnetka,
Illinois
|
-$14.8M |
| 2 |
CIC
Canal Insurance Company
Greenville,
South Carolina
|
-$6.78M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.05M |
| 4 |
GPWA
Great Point Wealth Advisors
Boston,
Massachusetts
|
-$1.48M |
| 5 |
Jane Street
New York
|
-$719K |
SPXS Hedge Fund Activity: Q4 2020 in Review
44 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 3x ETF (SPXS) for Q4 2020, worth a combined $33M — down 42% from $56.9M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of SPXS and 15 opened new positions — a net loss of 17 holders — while 11 trimmed existing stakes and 10 added.
The largest buyer was Citadel Advisors, adding an estimated $4.23M. The largest seller was Hartline Investment Corp, exiting entirely with an estimated $14.8M sold.
- 44 institutional investors held Direxion Daily S&P 500 Bear 3x ETF (SPXS) as of Q4 2020, down from 61 in Q3 2020.
- Funds reported $33M of Direxion Daily S&P 500 Bear 3x ETF stock for Q4 2020, down 42% quarter-over-quarter.
- 15 funds opened new Direxion Daily S&P 500 Bear 3x ETF positions in Q4 2020 and 32 closed out, a net change of -17 holders.
- The largest Direxion Daily S&P 500 Bear 3x ETF buyer in Q4 2020 was Citadel Advisors, an estimated $4.23M added.
- The largest Direxion Daily S&P 500 Bear 3x ETF seller in Q4 2020 was Hartline Investment Corp, an estimated $14.8M sold.
Based on aggregated 13F filings for Q4 2020.