Direxion Daily S&P 500 Bear 1X ETF
SPDN
24 hedge funds and large institutions have $70.4M invested in Direxion Daily S&P 500 Bear 1X ETF in 2020 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 6 closing their positions.
66% more capital invested
Capital invested by funds: $42.3M → $70.4M (+$28.1M)
22.53% more ownership
Funds ownership: 25.25% → 47.78% (+23%)
0% more funds holding
Funds holding: 24 → 24 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
75% less call options, than puts
Call options by funds: $1K | Put options by funds: $4K
Top Buyers
Top Sellers
| 1 |
HCM
Hilton Capital Management
Garden City,
New York
|
-$5.32M |
| 2 |
LG
Leuthold Group
Minneapolis,
Minnesota
|
-$2.44M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$1.64M |
| 4 |
Citigroup
New York
|
-$901K |
| 5 |
Renaissance Technologies
New York
|
-$348K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wolverine Trading
Chicago,
Illinois
| – | -$220K | -10,482 | Closed |
|
|
JWM
27
Jeppson Wealth Management
Manhattan Beach,
California
| – | -$156K | -7,500 | Closed |
|
|
CHAM
28
Clear Harbor Asset Management
Stamford,
Connecticut
| – | -$6.24K | -300 | Closed |
|
29
Simplex Trading
Chicago,
Illinois
| – | +$978 | +50 | New |
|
SPDN Hedge Fund Activity: Q4 2020 in Review
24 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 1X ETF (SPDN) for Q4 2020, worth a combined $70.4M — up 66% from $42.3M a quarter earlier.
Fund positioning in SPDN was balanced in Q4 2020: 6 funds opened new positions, 6 closed out, 5 added to existing stakes and 8 trimmed.
The largest buyer was IMC Chicago, opening a new position worth an estimated $11.6M. The largest seller was Hilton Capital Management, exiting entirely with an estimated $5.32M sold.
- 24 institutional investors held Direxion Daily S&P 500 Bear 1X ETF (SPDN) as of Q4 2020, unchanged from Q3 2020.
- Funds reported $70.4M of Direxion Daily S&P 500 Bear 1X ETF stock for Q4 2020, up 66% quarter-over-quarter.
- 6 funds opened new Direxion Daily S&P 500 Bear 1X ETF positions in Q4 2020 and 6 closed out, a net change of 0 holders.
- The largest Direxion Daily S&P 500 Bear 1X ETF buyer in Q4 2020 was IMC Chicago, an estimated $11.6M added.
- The largest Direxion Daily S&P 500 Bear 1X ETF seller in Q4 2020 was Hilton Capital Management, an estimated $5.32M sold.
Based on aggregated 13F filings for Q4 2020.