Direxion Daily S&P 500 Bear 3x ETF
SPXS
39 hedge funds and large institutions have $34.5M invested in Direxion Daily S&P 500 Bear 3x ETF in 2021 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 13 increasing their positions, 1 reducing their positions, and 8 closing their positions.
1,200% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 1
255% more call options, than puts
Call options by funds: $45.9M | Put options by funds: $12.9M
109% more capital invested
Capital invested by funds: $16.5M → $34.5M (+$18M)
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
15% more funds holding
Funds holding: 34 → 39 (+5)
0.31% more ownership
Funds ownership: 0.45% → 0.76% (+0.31%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Cutler Group
San Francisco,
California
|
+$5.98M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.38M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$4.69M |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
+$1.79M |
| 5 |
HF
HRT Financial
New York
|
+$1.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JF
Jump Financial
Chicago,
Illinois
|
-$8.46M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$772K |
| 3 |
HT
HAP Trading
New York
|
-$332K |
| 4 |
SC
Shay Capital
New York
|
-$241K |
| 5 |
SB
Strategic Blueprint
Atlanta,
Georgia
|
-$218K |
SPXS Hedge Fund Activity: Q3 2021 in Review
39 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 3x ETF (SPXS) for Q3 2021, worth a combined $34.5M — up 109% from $16.5M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new SPXS positions and 8 closed out — a net gain of 5 holders — while 13 added to existing stakes and 1 trimmed.
The largest buyer was Cutler Group, opening a new position worth an estimated $5.98M. The largest seller was Jump Financial, exiting entirely with an estimated $8.46M sold.
- 39 institutional investors held Direxion Daily S&P 500 Bear 3x ETF (SPXS) as of Q3 2021, up from 34 in Q2 2021.
- Funds reported $34.5M of Direxion Daily S&P 500 Bear 3x ETF stock for Q3 2021, up 109% quarter-over-quarter.
- 13 funds opened new Direxion Daily S&P 500 Bear 3x ETF positions in Q3 2021 and 8 closed out, a net change of +5 holders.
- The largest Direxion Daily S&P 500 Bear 3x ETF buyer in Q3 2021 was Cutler Group, an estimated $5.98M added.
- The largest Direxion Daily S&P 500 Bear 3x ETF seller in Q3 2021 was Jump Financial, an estimated $8.46M sold.
Based on aggregated 13F filings for Q3 2021.