Direxion Daily Utilities Bull 3X ETF
UTSL
8 hedge funds and large institutions have $1.65M invested in Direxion Daily Utilities Bull 3X ETF in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 2 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
2.41% less ownership
Funds ownership: 11.32% → 8.91% (-2.4%)
11% less funds holding
Funds holding: 9 → 8 (-1)
13% less capital invested
Capital invested by funds: $1.9M → $1.65M (-$245K)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$546K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$218K |
| 3 |
CG
Cutler Group
San Francisco,
California
|
+$11.8K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$8.16K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$797K |
| 2 |
Simplex Trading
Chicago,
Illinois
|
-$25.1K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$25.1K |
| 4 |
Citigroup
New York
|
-$34 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Goldman Sachs
New York
| $1.04M | +$546K | +18,528 | +103% |
|
|
TRCT
2
Tower Research Capital (TRC)
New York
| $527K | +$218K | +7,381 | +67% |
|
|
3
UBS Group
Zurich,
Switzerland
| $22.1K | +$8.16K | +277 | +56% |
|
|
AFG
4
Albion Financial Group
Salt Lake City,
Utah
| $18K | – | – | – |
|
|
IA
5
IFP Advisors
Tampa,
Florida
| $17.2K | -$25.1K | -850 | -53% |
|
6
Qube Research & Technologies (QRT)
London,
United Kingdom
| $13K | – | – | – |
|
|
CG
7
Cutler Group
San Francisco,
California
| $11K | +$11.8K | +400 | New |
|
|
8
Simplex Trading
Chicago,
Illinois
| $1K | -$25.1K | -853 | -94% |
|
|
9
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$797K | -23,552 | Closed |
|
|
10
Citigroup
New York
| – | -$34 | -1 | Closed |
|
UTSL Hedge Fund Activity: Q1 2023 in Review
8 of the 6,277 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Utilities Bull 3X ETF (UTSL) for Q1 2023, worth a combined $1.65M — down 13% from $1.9M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of UTSL and 1 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 3 added.
The largest buyer was Goldman Sachs, adding an estimated $546K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $797K sold.
- 8 institutional investors held Direxion Daily Utilities Bull 3X ETF (UTSL) as of Q1 2023, down from 9 in Q4 2022.
- Funds reported $1.65M of Direxion Daily Utilities Bull 3X ETF stock for Q1 2023, down 13% quarter-over-quarter.
- 1 fund opened new Direxion Daily Utilities Bull 3X ETF positions in Q1 2023 and 2 closed out, a net change of -1 holder.
- The largest Direxion Daily Utilities Bull 3X ETF buyer in Q1 2023 was Goldman Sachs, an estimated $546K added.
- The largest Direxion Daily Utilities Bull 3X ETF seller in Q1 2023 was Susquehanna International Group, an estimated $797K sold.
Based on aggregated 13F filings for Q1 2023.