Direxion Daily S&P 500 Bear 3x ETF
SPXS
49 hedge funds and large institutions have $58.5M invested in Direxion Daily S&P 500 Bear 3x ETF in 2022 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 4 closing their positions.
299% more call options, than puts
Call options by funds: $26.8M | Put options by funds: $6.73M
250% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 4
79% more capital invested
Capital invested by funds: $32.6M → $58.5M (+$25.9M)
26% more funds holding
Funds holding: 39 → 49 (+10)
0.21% more ownership
Funds ownership: 1% → 1.21% (+0.21%)
31% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
+$17.2M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
+$2.94M |
| 3 |
CG
Cutler Group
San Francisco,
California
|
+$2.45M |
| 4 |
Squarepoint
New York
|
+$1.92M |
| 5 |
SCP
Silverleafe Capital Partners
Germantown,
Tennessee
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$6.25M |
| 2 |
Simplex Trading
Chicago,
Illinois
|
-$979K |
| 3 |
GA
GFS Advisors
Houston,
Texas
|
-$832K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$666K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$463K |
SPXS Hedge Fund Activity: Q1 2022 in Review
49 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 3x ETF (SPXS) for Q1 2022, worth a combined $58.5M — up 79% from $32.6M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new SPXS positions and 4 closed out — a net gain of 10 holders — while 9 added to existing stakes and 13 trimmed.
The largest buyer was Avalon Capital Management, opening a new position worth an estimated $17.2M. The largest seller was Citadel Advisors, cutting an estimated $6.25M.
- 49 institutional investors held Direxion Daily S&P 500 Bear 3x ETF (SPXS) as of Q1 2022, up from 39 in Q4 2021.
- Funds reported $58.5M of Direxion Daily S&P 500 Bear 3x ETF stock for Q1 2022, up 79% quarter-over-quarter.
- 14 funds opened new Direxion Daily S&P 500 Bear 3x ETF positions in Q1 2022 and 4 closed out, a net change of +10 holders.
- The largest Direxion Daily S&P 500 Bear 3x ETF buyer in Q1 2022 was Avalon Capital Management, an estimated $17.2M added.
- The largest Direxion Daily S&P 500 Bear 3x ETF seller in Q1 2022 was Citadel Advisors, an estimated $6.25M sold.
Based on aggregated 13F filings for Q1 2022.