Direxion Daily S&P 500 Bear 1X ETF
SPDN
28 hedge funds and large institutions have $57.9M invested in Direxion Daily S&P 500 Bear 1X ETF in 2021 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
22% more funds holding
Funds holding: 23 → 28 (+5)
7% more capital invested
Capital invested by funds: $54.1M → $57.9M (+$3.84M)
0.82% more ownership
Funds ownership: 47.17% → 47.99% (+0.82%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NHFG
New Harbor Financial Group
Worcester,
Massachusetts
|
+$3.78M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
+$1.33M |
| 3 |
Creative Planning
Overland Park,
Kansas
|
+$776K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$509K |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$311K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$1.83M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$769K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$280K |
| 4 |
LG
Leuthold Group
Minneapolis,
Minnesota
|
-$207K |
| 5 |
TSS
Two Sigma Securities
New York
|
-$176K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $1K | +$1.32K | +86 | New |
|
|
WIM
27
Westside Investment Management
Santa Monica,
California
| $17 | – | – | – |
|
|
28
Citigroup
New York
| – | -$1.83M | -115,457 | Closed |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| – | -$280K | -17,673 | Closed |
|
|
TSS
30
Two Sigma Securities
New York
| – | -$176K | -11,143 | Closed |
|
31
UBS Group
Zurich,
Switzerland
| – | -$66K | -4,184 | Closed |
|
32
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$3K | -200 | Closed |
|
SPDN Hedge Fund Activity: Q3 2021 in Review
28 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 1X ETF (SPDN) for Q3 2021, worth a combined $57.9M — up 7.1% from $54.1M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SPDN positions and 5 closed out — a net gain of 5 holders — while 3 added to existing stakes and 6 trimmed.
The largest buyer was New Harbor Financial Group, adding an estimated $3.78M. The largest seller was Citigroup, exiting entirely with an estimated $1.83M sold.
- 28 institutional investors held Direxion Daily S&P 500 Bear 1X ETF (SPDN) as of Q3 2021, up from 23 in Q2 2021.
- Funds reported $57.9M of Direxion Daily S&P 500 Bear 1X ETF stock for Q3 2021, up 7.1% quarter-over-quarter.
- 10 funds opened new Direxion Daily S&P 500 Bear 1X ETF positions in Q3 2021 and 5 closed out, a net change of +5 holders.
- The largest Direxion Daily S&P 500 Bear 1X ETF buyer in Q3 2021 was New Harbor Financial Group, an estimated $3.78M added.
- The largest Direxion Daily S&P 500 Bear 1X ETF seller in Q3 2021 was Citigroup, an estimated $1.83M sold.
Based on aggregated 13F filings for Q3 2021.