Direxion Daily S&P 500 Bear 3x ETF
SPXS
39 hedge funds and large institutions have $29.2M invested in Direxion Daily S&P 500 Bear 3x ETF in 2024 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 10 closing their positions.
214% more call options, than puts
Call options by funds: $16.9M | Put options by funds: $5.38M
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
5% more funds holding
Funds holding: 37 → 39 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
0.29% less ownership
Funds ownership: 0.92% → 0.63% (-0.29%)
36% less capital invested
Capital invested by funds: $45.3M → $29.2M (-$16.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$3.18M |
| 2 |
GS
GTS Securities
New York
|
+$2.71M |
| 3 |
Squarepoint
New York
|
+$900K |
| 4 |
Morgan Stanley
New York
|
+$388K |
| 5 |
Lido Advisors
Los Angeles,
California
|
+$386K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$5.2M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.15M |
| 3 |
Jane Street
New York
|
-$3.8M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
-$1.98M |
| 5 |
PEA
Park Edge Advisors
Cleveland,
Ohio
|
-$1.18M |
SPXS Hedge Fund Activity: Q3 2024 in Review
39 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 3x ETF (SPXS) for Q3 2024, worth a combined $29.2M — down 36% from $45.3M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SPXS positions and 10 closed out — a net gain of 2 holders — while 9 added to existing stakes and 9 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $3.18M. The largest seller was HRT Financial, exiting entirely with an estimated $5.2M sold.
- 39 institutional investors held Direxion Daily S&P 500 Bear 3x ETF (SPXS) as of Q3 2024, up from 37 in Q2 2024.
- Funds reported $29.2M of Direxion Daily S&P 500 Bear 3x ETF stock for Q3 2024, down 36% quarter-over-quarter.
- 12 funds opened new Direxion Daily S&P 500 Bear 3x ETF positions in Q3 2024 and 10 closed out, a net change of +2 holders.
- The largest Direxion Daily S&P 500 Bear 3x ETF buyer in Q3 2024 was Citadel Advisors, an estimated $3.18M added.
- The largest Direxion Daily S&P 500 Bear 3x ETF seller in Q3 2024 was HRT Financial, an estimated $5.2M sold.
Based on aggregated 13F filings for Q3 2024.