We are live on ! Find out more
SPDN icon

Direxion Daily S&P 500 Bear 1X ETF
SPDN

72 hedge funds and large institutions have $334M invested in Direxion Daily S&P 500 Bear 1X ETF in 2022 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 31 increasing their positions, 17 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,615% more call options, than puts

Call options by funds: $926K | Put options by funds: $54K

82% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 17

40% more capital invested

Capital invested by funds: $239M → $334M (+$95.2M)

29% more funds holding in top 10

Funds holding in top 10: 7 → 9 (+2)

18% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 11

6.53% more ownership

Funds ownership: 43.48% → 50.01% (+6.5%)

1% more funds holding

Funds holding: 71 → 72 (+1)

Holders
72
Holders Change
+1
Holders Change %
+1.41%
% of All Funds
1.16%
Holding in Top 10
9
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+28.57%
% of All Funds
0.14%
New
13
Increased
31
Reduced
17
Closed
11
Calls
$926K
Puts
$54K
Net Calls
+$872K
Net Calls Change
-$1M

Top Buyers

1
BCM
Brookstone Capital Management
Illinois
+$99.2M
2
LPL Financial
LPL Financial
California
+$5.49M
3
AIA
Acute Investment Advisory
Arizona
+$5.48M
4
HighTower Advisors
HighTower Advisors
Illinois
+$2.89M
5
VF
Virtu Financial
New York
+$2.38M

Top Sellers

1
MC
Muhlenkamp & Co
Pennsylvania
-$11.7M
2
IA
Inspire Advisors
Idaho
-$6.62M
3
LAM
LifePro Asset Management
California
-$6.24M
4
PAM
PVG Asset Management
Colorado
-$3.15M
5
IMC Chicago
IMC Chicago
Illinois
-$2.25M
Name Holding Trade Value Shares
Change 		Change in
Stake
PAM
26
PVG Asset Management
Colorado
$1.48M -$3.15M -189,768 -68%
GGS
27
Galvin Gaustad & Stein
Arizona
$1.42M -$167K -10,075 -10%
ACM
28
AlphaStar Capital Management
North Carolina
$1.38M +$304K +18,359 +28%
VF
29
Vista Finance
Missouri
$1.28M +$1.29M +77,622 New
BCA
30
Bay Colony Advisors
Massachusetts
$1.25M +$1.25M +75,576 New
ACM
31
Allred Capital Management
Texas
$1.18M -$73.1K -4,409 -6%
Carson Wealth (CWM LLC)
32
Carson Wealth (CWM LLC)
Nebraska
$1.09M +$497K +30,000 +83%
Jane Street
33
Jane Street
New York
$981K +$514K +31,025 +109%
CA
34
Cetera Advisors
Colorado
$870K +$64.7K +3,906 +8%
ADBIC
35
A.D. Beadell Investment Counsel
Wisconsin
$840K – – –
MWM
36
Maltin Wealth Management
New Jersey
$743K -$14.1K -851 -2%
RCM
37
Rain Capital Management
Oregon
$614K +$4.91K +296 +0.8%
CIM
38
Contravisory Investment Management
Massachusetts
$574K +$576K +34,780 New
KAM
39
Knightsbridge Asset Management
California
$499K +$302K +18,223 +152%
MA
40
MBA Advisors
Pennsylvania
$455K -$294K -17,744 -39%
RCA
41
Resonant Capital Advisors
Wisconsin
$424K – – –
TF
42
Trek Financial
Arizona
$421K +$111K +6,684 +36%
MC
43
Moors & Cabot
Massachusetts
$370K – – –
Goldman Sachs
44
Goldman Sachs
New York
$325K -$579K -34,906 -64%
TRCT
45
Tower Research Capital (TRC)
New York
$261K -$98.8K -5,960 -27%
SC
46
Scotia Capital
Ontario, Canada
$245K +$1.14K +69 +0.5%
Commonwealth Equity Services
47
Commonwealth Equity Services
Massachusetts
$234K +$19.3K +1,166 +9%
EWA
48
EP Wealth Advisors
California
$230K +$231K +13,936 New
PCMC
49
Private Capital Management (Colorado)
Colorado
$228K +$19.9K +1,200 +10%
KA
50
Kovack Advisors
Florida
$221K -$1.1M -66,371 -83%
1
2
3 4

SPDN Hedge Fund Activity: Q4 2022 in Review

72 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 1X ETF (SPDN) for Q4 2022, worth a combined $334M — up 40% from $239M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new SPDN positions and 11 closed out — a net gain of 2 holders — while 31 added to existing stakes and 17 trimmed.

The largest buyer was Brookstone Capital Management, adding an estimated $99.2M. The largest seller was Muhlenkamp & Co, exiting entirely with an estimated $11.7M sold.

  • 72 institutional investors held Direxion Daily S&P 500 Bear 1X ETF (SPDN) as of Q4 2022, up from 71 in Q3 2022.
  • Funds reported $334M of Direxion Daily S&P 500 Bear 1X ETF stock for Q4 2022, up 40% quarter-over-quarter.
  • 13 funds opened new Direxion Daily S&P 500 Bear 1X ETF positions in Q4 2022 and 11 closed out, a net change of +2 holders.
  • The largest Direxion Daily S&P 500 Bear 1X ETF buyer in Q4 2022 was Brookstone Capital Management, an estimated $99.2M added.
  • The largest Direxion Daily S&P 500 Bear 1X ETF seller in Q4 2022 was Muhlenkamp & Co, an estimated $11.7M sold.

Based on aggregated 13F filings for Q4 2022.