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Direxion Daily S&P 500 Bear 1X ETF
SPDN

43 hedge funds and large institutions have $77.8M invested in Direxion Daily S&P 500 Bear 1X ETF in 2024 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

78% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 9

19% more funds holding

Funds holding: 36 → 43 (+7)

4.08% more ownership

Funds ownership: 52.6% → 56.68% (+4.1%)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

8% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 12

6% less capital invested

Capital invested by funds: $82.9M → $77.8M (-$5.09M)

39% less call options, than puts

Call options by funds: $346K | Put options by funds: $567K

Holders
43
Holders Change
+7
Holders Change %
+19.44%
% of All Funds
0.57%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.04%
New
16
Increased
11
Reduced
12
Closed
9
Calls
$346K
Puts
$567K
Net Calls
-$221K
Net Calls Change
-$64K

Top Buyers

1
BW
Bison Wealth
Georgia
+$4.23M
2
SKK
Shepherd Kaplan Krochuk
Massachusetts
+$1.54M
3
JP Morgan Chase
JP Morgan Chase
New York
+$1.44M
4
OP
ORG Partners
Indiana
+$1.41M
5
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$1.3M

Top Sellers

1
Citadel Advisors
Citadel Advisors
Florida
-$11.9M
2
KWM
Kaydan Wealth Management
Michigan
-$10.9M
3
OPOWM
One Plus One Wealth Management
Florida
-$3.85M
4
TCWM
Total Clarity Wealth Management
Illinois
-$1.53M
5
SMAM
Sugar Maple Asset Management
Wisconsin
-$902K
Name Holding Trade Value Shares
Change 		Change in
Stake
CAPTRUST Financial Advisors
26
CAPTRUST Financial Advisors
North Carolina
$221K -$1.65K -150 -0.7%
SFP
27
SwitchPoint Financial Planning
Utah
$213K +$213K +19,354 New
Focus Partners Wealth
28
Focus Partners Wealth
Massachusetts
$207K +$207K +18,826 New
TC
29
TownSquare Capital
Utah
$199K +$51.4K +4,670 +35%
KA
30
Kovack Advisors
Florida
$134K +$134K +12,200 New
FTUS
31
Flow Traders U.S.
New York
$119K +$119K +10,801 New
SAM
32
Synergy Asset Management
Washington
$47.4K +$46.5K +4,229 New
HT
33
Headlands Technologies
Illinois
$25.2K -$16.4K -1,495 -40%
SWM
34
Spire Wealth Management
Virginia
$10.2K +$253 +23 +3%
SS
35
SBI Securities
Japan
$9.57K +$9.56K +869 New
AWM
36
Avior Wealth Management
Nebraska
$3.88K +$3.87K +352 New
DWM
37
Darwin Wealth Management
Florida
$3.85K – – –
Qube Research & Technologies (QRT)
38
Qube Research & Technologies (QRT)
United Kingdom
$2.13K +$2.12K +193 New
BNP Paribas Financial Markets
39
BNP Paribas Financial Markets
France
$1.76K +$1.76K +160 New
AWM
40
AllSquare Wealth Management
New York
$1.1K – – –
UBS Group
41
UBS Group
Switzerland
$1.02K -$57K -5,181 -98%
Morgan Stanley
42
Morgan Stanley
New York
$143 -$14.2K -1,288 -99%
Wells Fargo
43
Wells Fargo
California
$19 +$11 +1 +100%
TCWM
44
Total Clarity Wealth Management
Illinois
– -$1.53M -136,911 Closed
SMAM
45
Sugar Maple Asset Management
Wisconsin
– -$902K -80,500 Closed
VF
46
Vista Finance
Missouri
– -$471K -42,093 Closed
Susquehanna International Group
47
Susquehanna International Group
Pennsylvania
– -$319K -28,457 Closed
NC
48
NovaPoint Capital
Georgia
– -$157K -14,003 Closed
GGS
49
Galvin Gaustad & Stein
Arizona
– -$125K -11,200 Closed
SG
50
StoneX Group
New York
– -$113K -10,105 Closed
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SPDN Hedge Fund Activity: Q4 2024 in Review

43 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 1X ETF (SPDN) for Q4 2024, worth a combined $77.8M — down 6.1% from $82.9M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new SPDN positions and 9 closed out — a net gain of 7 holders — while 11 added to existing stakes and 12 trimmed.

The largest buyer was Bison Wealth, opening a new position worth an estimated $4.23M. The largest seller was Citadel Advisors, cutting an estimated $11.9M.

  • 43 institutional investors held Direxion Daily S&P 500 Bear 1X ETF (SPDN) as of Q4 2024, up from 36 in Q3 2024.
  • Funds reported $77.8M of Direxion Daily S&P 500 Bear 1X ETF stock for Q4 2024, down 6.1% quarter-over-quarter.
  • 16 funds opened new Direxion Daily S&P 500 Bear 1X ETF positions in Q4 2024 and 9 closed out, a net change of +7 holders.
  • The largest Direxion Daily S&P 500 Bear 1X ETF buyer in Q4 2024 was Bison Wealth, an estimated $4.23M added.
  • The largest Direxion Daily S&P 500 Bear 1X ETF seller in Q4 2024 was Citadel Advisors, an estimated $11.9M sold.

Based on aggregated 13F filings for Q4 2024.