Direxion Daily S&P 500 Bear 1X ETF
SPDN
23 hedge funds and large institutions have $43.3M invested in Direxion Daily S&P 500 Bear 1X ETF in 2020 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 6 closing their positions.
212% more capital invested
Capital invested by funds: $13.9M → $43.3M (+$29.4M)
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
35% more funds holding
Funds holding: 17 → 23 (+6)
7.91% more ownership
Funds ownership: 15.94% → 23.85% (+7.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more call options, than puts
Call options by funds: $1K | Put options by funds: $1K
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
Top Buyers
| 1 |
LG
Leuthold Group
Minneapolis,
Minnesota
|
+$19.9M |
| 2 |
HCM
Hilton Capital Management
Garden City,
New York
|
+$6.27M |
| 3 |
LC
Lindbrook Capital
Calabasas,
California
|
+$4.21M |
| 4 |
IP
Intellectus Partners
San Francisco,
California
|
+$2.61M |
| 5 |
Citigroup
New York
|
+$2.6M |
Top Sellers
| 1 |
FA
Fortis Advisors
Wayne,
Pennsylvania
|
-$2.42M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$297K |
| 3 |
US Bancorp
Minneapolis,
Minnesota
|
-$280K |
| 4 |
Jane Street
New York
|
-$239K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$57.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Jane Street
New York
| – | -$239K | -8,477 | Closed |
|
|
EWM
27
EPG Wealth Management
Atlanta,
Georgia
| – | -$28K | -1,000 | Closed |
|
|
AWM
28
Avior Wealth Management
Omaha,
Nebraska
| – | -$21K | -773 | Closed |
|
29
Wells Fargo
San Francisco,
California
| – | -$25 | -1 | Closed |
|
SPDN Hedge Fund Activity: Q2 2020 in Review
23 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 1X ETF (SPDN) for Q2 2020, worth a combined $43.3M — up 212% from $13.9M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SPDN positions and 6 closed out — a net gain of 6 holders — while 3 added to existing stakes and 5 trimmed.
The largest buyer was Leuthold Group, opening a new position worth an estimated $19.9M. The largest seller was Fortis Advisors, cutting an estimated $2.42M.
- 23 institutional investors held Direxion Daily S&P 500 Bear 1X ETF (SPDN) as of Q2 2020, up from 17 in Q1 2020.
- Funds reported $43.3M of Direxion Daily S&P 500 Bear 1X ETF stock for Q2 2020, up 212% quarter-over-quarter.
- 12 funds opened new Direxion Daily S&P 500 Bear 1X ETF positions in Q2 2020 and 6 closed out, a net change of +6 holders.
- The largest Direxion Daily S&P 500 Bear 1X ETF buyer in Q2 2020 was Leuthold Group, an estimated $19.9M added.
- The largest Direxion Daily S&P 500 Bear 1X ETF seller in Q2 2020 was Fortis Advisors, an estimated $2.42M sold.
Based on aggregated 13F filings for Q2 2020.