Direxion Daily S&P 500 Bear 3x ETF
SPXS
34 hedge funds and large institutions have $16.5M invested in Direxion Daily S&P 500 Bear 3x ETF in 2021 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 16 closing their positions.
120% more call options, than puts
Call options by funds: $27.5M | Put options by funds: $12.5M
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
0.3% less ownership
Funds ownership: 0.75% → 0.45% (-0.3%)
13% less funds holding
Funds holding: 39 → 34 (-5)
31% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 16
46% less capital invested
Capital invested by funds: $30.7M → $16.5M (-$14.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JF
Jump Financial
Chicago,
Illinois
|
+$2.83M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$896K |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$749K |
| 4 |
Jane Street
New York
|
+$425K |
| 5 |
HT
HAP Trading
New York
|
+$404K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$6.02M |
| 2 |
HF
HRT Financial
New York
|
-$3.33M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.22M |
| 4 |
VF
Virtu Financial
New York
|
-$1.98M |
| 5 |
ECG
Edge Capital Group
Atlanta,
Georgia
|
-$393K |
SPXS Hedge Fund Activity: Q2 2021 in Review
34 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 3x ETF (SPXS) for Q2 2021, worth a combined $16.5M — down 46% from $30.7M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of SPXS and 11 opened new positions — a net loss of 5 holders — while 4 trimmed existing stakes and 6 added.
The largest buyer was Jump Financial, adding an estimated $2.83M. The largest seller was Citadel Advisors, cutting an estimated $6.02M.
- 34 institutional investors held Direxion Daily S&P 500 Bear 3x ETF (SPXS) as of Q2 2021, down from 39 in Q1 2021.
- Funds reported $16.5M of Direxion Daily S&P 500 Bear 3x ETF stock for Q2 2021, down 46% quarter-over-quarter.
- 11 funds opened new Direxion Daily S&P 500 Bear 3x ETF positions in Q2 2021 and 16 closed out, a net change of -5 holders.
- The largest Direxion Daily S&P 500 Bear 3x ETF buyer in Q2 2021 was Jump Financial, an estimated $2.83M added.
- The largest Direxion Daily S&P 500 Bear 3x ETF seller in Q2 2021 was Citadel Advisors, an estimated $6.02M sold.
Based on aggregated 13F filings for Q2 2021.