Direxion Daily Utilities Bull 3X ETF
UTSL
9 hedge funds and large institutions have $2.59M invested in Direxion Daily Utilities Bull 3X ETF in 2024 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 3 closing their positions.
355% more call options, than puts
Call options by funds: $250K | Put options by funds: $55K
222% more capital invested
Capital invested by funds: $805K → $2.59M (+$1.79M)
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
29% more funds holding
Funds holding: 7 → 9 (+2)
3.44% more ownership
Funds ownership: 1.86% → 5.3% (+3.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.26M |
| 2 |
Jane Street
New York
|
+$359K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$131K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
+$51.5K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$21.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$377K |
| 2 |
FGAM
Financial Gravity Asset Management
Lakeway,
Texas
|
-$188 |
| 3 |
Morgan Stanley
New York
|
-$40 |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$21 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.44M | +$1.26M | +63,369 | New |
|
|
TRCT
2
Tower Research Capital (TRC)
New York
| $568K | +$131K | +6,625 | +36% |
|
|
3
Jane Street
New York
| $412K | +$359K | +18,111 | New |
|
|
4
Simplex Trading
Chicago,
Illinois
| $89K | +$51.5K | +2,600 | +198% |
|
|
5
UBS Group
Zurich,
Switzerland
| $24.3K | +$21.2K | +1,069 | New |
|
6
Belvedere Trading
Chicago,
Illinois
| $22.8K | +$19.9K | +1,003 | New |
|
|
CG
7
Cutler Group
San Francisco,
California
| $20K | +$17.7K | +891 | New |
|
|
AFG
8
Albion Financial Group
Salt Lake City,
Utah
| $14.3K | – | – | – |
|
|
9
Morgan Stanley
New York
| $47 | -$40 | -2 | -50% |
|
|
HF
10
HRT Financial
New York
| – | -$377K | -17,847 | Closed |
|
|
FGAM
11
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$188 | -11 | Closed |
|
|
12
Fidelity Investments
Boston,
Massachusetts
| – | -$21 | -1 | Closed |
|
UTSL Hedge Fund Activity: Q1 2024 in Review
9 of the 6,945 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Utilities Bull 3X ETF (UTSL) for Q1 2024, worth a combined $2.59M — up 222% from $805K a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new UTSL positions and 3 closed out — a net gain of 2 holders — while 2 added to existing stakes and 1 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $1.26M. The largest seller was HRT Financial, exiting entirely with an estimated $377K sold.
- 9 institutional investors held Direxion Daily Utilities Bull 3X ETF (UTSL) as of Q1 2024, up from 7 in Q4 2023.
- Funds reported $2.59M of Direxion Daily Utilities Bull 3X ETF stock for Q1 2024, up 222% quarter-over-quarter.
- 5 funds opened new Direxion Daily Utilities Bull 3X ETF positions in Q1 2024 and 3 closed out, a net change of +2 holders.
- The largest Direxion Daily Utilities Bull 3X ETF buyer in Q1 2024 was Susquehanna International Group, an estimated $1.26M added.
- The largest Direxion Daily Utilities Bull 3X ETF seller in Q1 2024 was HRT Financial, an estimated $377K sold.
Based on aggregated 13F filings for Q1 2024.