Direxion Daily S&P 500 Bear 3x ETF
SPXS
54 hedge funds and large institutions have $81.2M invested in Direxion Daily S&P 500 Bear 3x ETF in 2022 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 14 closing their positions.
815% more call options, than puts
Call options by funds: $74.9M | Put options by funds: $8.19M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
39% more capital invested
Capital invested by funds: $58.5M → $81.2M (+$22.7M)
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
36% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 14
10% more funds holding
Funds holding: 49 → 54 (+5)
0.05% more ownership
Funds ownership: 1.21% → 1.26% (+0.05%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$21.4M |
| 2 |
Simplex Trading
Chicago,
Illinois
|
+$4.16M |
| 3 |
Jane Street
New York
|
+$1.95M |
| 4 |
TIAM2
Tru Independence Asset Management 2
Portland,
Oregon
|
+$1.51M |
| 5 |
BCM
Bluefin Capital Management
New York
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
-$9.83M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$6.63M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$6.38M |
| 4 |
HF
HRT Financial
New York
|
-$2.58M |
| 5 |
VF
Virtu Financial
New York
|
-$2.56M |
SPXS Hedge Fund Activity: Q2 2022 in Review
54 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 3x ETF (SPXS) for Q2 2022, worth a combined $81.2M — up 39% from $58.5M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new SPXS positions and 14 closed out — a net gain of 5 holders — while 15 added to existing stakes and 11 trimmed.
The largest buyer was IMC Chicago, adding an estimated $21.4M. The largest seller was Avalon Capital Management, cutting an estimated $9.83M.
- 54 institutional investors held Direxion Daily S&P 500 Bear 3x ETF (SPXS) as of Q2 2022, up from 49 in Q1 2022.
- Funds reported $81.2M of Direxion Daily S&P 500 Bear 3x ETF stock for Q2 2022, up 39% quarter-over-quarter.
- 19 funds opened new Direxion Daily S&P 500 Bear 3x ETF positions in Q2 2022 and 14 closed out, a net change of +5 holders.
- The largest Direxion Daily S&P 500 Bear 3x ETF buyer in Q2 2022 was IMC Chicago, an estimated $21.4M added.
- The largest Direxion Daily S&P 500 Bear 3x ETF seller in Q2 2022 was Avalon Capital Management, an estimated $9.83M sold.
Based on aggregated 13F filings for Q2 2022.