Direxion Daily S&P 500 Bear 1X ETF
SPDN
29 hedge funds and large institutions have $58.4M invested in Direxion Daily S&P 500 Bear 1X ETF in 2021 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
4% more funds holding
Funds holding: 28 → 29 (+1)
1% more capital invested
Capital invested by funds: $57.9M → $58.4M (+$472K)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
2.57% less ownership
Funds ownership: 47.99% → 45.42% (-2.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LJAC
L.J. Altfest & Co
New York
|
+$6.57M |
| 2 |
LG
Leuthold Group
Minneapolis,
Minnesota
|
+$1.25M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.02M |
| 4 |
VF
Virtu Financial
New York
|
+$734K |
| 5 |
GGS
Galvin Gaustad & Stein
Scottsdale,
Arizona
|
+$408K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NHFG
New Harbor Financial Group
Worcester,
Massachusetts
|
-$1.09M |
| 2 |
BA
Bennicas & Associates
Portola Valley,
California
|
-$998K |
| 3 |
IMC Chicago
Chicago,
Illinois
|
-$799K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$318K |
| 5 |
CIM
Contravisory Investment Management
Norwell,
Massachusetts
|
-$304K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Simplex Trading
Chicago,
Illinois
| $5K | -$2K | -137 | -26% |
|
27
Bank of Montreal
Toronto,
Ontario, Canada
| $3K | +$2.93K | +200 | New |
|
|
TWA
28
TCI Wealth Advisors
Tucson,
Arizona
| $1K | -$146 | -10 | -20% |
|
|
ASN
29
Advisory Services Network
Atlanta,
Georgia
| – | -$318K | -20,300 | Closed |
|
|
CIM
30
Contravisory Investment Management
Norwell,
Massachusetts
| – | -$304K | -19,367 | Closed |
|
|
BI
31
Blooom Inc
Overland Park,
Kansas
| – | -$217K | -13,839 | Closed |
|
|
HFA
32
HC Financial Advisors
Lafayette,
California
| – | -$89K | -5,700 | Closed |
|
33
Barclays
London,
United Kingdom
| – | -$20K | -1,300 | Closed |
|
|
WIM
34
Westside Investment Management
Santa Monica,
California
| – | -$17 | -1,130 | Closed |
|
SPDN Hedge Fund Activity: Q4 2021 in Review
29 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 1X ETF (SPDN) for Q4 2021, worth a combined $58.4M — up 0.81% from $57.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SPDN positions and 6 closed out — a net gain of 1 holder — while 9 added to existing stakes and 9 trimmed.
The largest buyer was L.J. Altfest & Co, opening a new position worth an estimated $6.57M. The largest seller was New Harbor Financial Group, cutting an estimated $1.09M.
- 29 institutional investors held Direxion Daily S&P 500 Bear 1X ETF (SPDN) as of Q4 2021, up from 28 in Q3 2021.
- Funds reported $58.4M of Direxion Daily S&P 500 Bear 1X ETF stock for Q4 2021, up 0.81% quarter-over-quarter.
- 7 funds opened new Direxion Daily S&P 500 Bear 1X ETF positions in Q4 2021 and 6 closed out, a net change of +1 holder.
- The largest Direxion Daily S&P 500 Bear 1X ETF buyer in Q4 2021 was L.J. Altfest & Co, an estimated $6.57M added.
- The largest Direxion Daily S&P 500 Bear 1X ETF seller in Q4 2021 was New Harbor Financial Group, an estimated $1.09M sold.
Based on aggregated 13F filings for Q4 2021.