Direxion Daily S&P 500 Bear 1X ETF
SPDN
25 hedge funds and large institutions have $49.5M invested in Direxion Daily S&P 500 Bear 1X ETF in 2021 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 5 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
4% more funds holding
Funds holding: 24 → 25 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4.22% less ownership
Funds ownership: 47.78% → 43.56% (-4.2%)
19% less call options, than puts
Call options by funds: $215K | Put options by funds: $265K
30% less capital invested
Capital invested by funds: $70.4M → $49.5M (-$20.9M)
Top Buyers
| 1 |
NHFG
New Harbor Financial Group
Worcester,
Massachusetts
|
+$2.18M |
| 2 |
HF
HRT Financial
New York
|
+$555K |
| 3 |
Jane Street
New York
|
+$374K |
| 4 |
BA
Bennicas & Associates
Portola Valley,
California
|
+$226K |
| 5 |
TSS
Two Sigma Securities
New York
|
+$219K |
Top Sellers
| 1 |
IMC Chicago
Chicago,
Illinois
|
-$6.71M |
| 2 |
LC
Lindbrook Capital
Calabasas,
California
|
-$6.01M |
| 3 |
VF
Virtu Financial
New York
|
-$5.87M |
| 4 |
IP
Intellectus Partners
San Francisco,
California
|
-$1.13M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.09M |
SPDN Hedge Fund Activity: Q1 2021 in Review
25 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 1X ETF (SPDN) for Q1 2021, worth a combined $49.5M — down 30% from $70.4M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SPDN positions and 5 closed out — a net gain of 1 holder — while 8 added to existing stakes and 5 trimmed.
The largest buyer was New Harbor Financial Group, adding an estimated $2.18M. The largest seller was IMC Chicago, cutting an estimated $6.71M.
- 25 institutional investors held Direxion Daily S&P 500 Bear 1X ETF (SPDN) as of Q1 2021, up from 24 in Q4 2020.
- Funds reported $49.5M of Direxion Daily S&P 500 Bear 1X ETF stock for Q1 2021, down 30% quarter-over-quarter.
- 6 funds opened new Direxion Daily S&P 500 Bear 1X ETF positions in Q1 2021 and 5 closed out, a net change of +1 holder.
- The largest Direxion Daily S&P 500 Bear 1X ETF buyer in Q1 2021 was New Harbor Financial Group, an estimated $2.18M added.
- The largest Direxion Daily S&P 500 Bear 1X ETF seller in Q1 2021 was IMC Chicago, an estimated $6.71M sold.
Based on aggregated 13F filings for Q1 2021.