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.
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BW
Bison Wealth
Atlanta,
Georgia
|
+$4.23M |
| 2 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
+$1.54M |
| 3 |
JP Morgan Chase
New York
|
+$1.44M |
| 4 |
OP
ORG Partners
Roanoke,
Indiana
|
+$1.41M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$11.9M |
| 2 |
KWM
Kaydan Wealth Management
Fenton,
Michigan
|
-$10.9M |
| 3 |
OPOWM
One Plus One Wealth Management
Jupiter,
Florida
|
-$3.85M |
| 4 |
TCWM
Total Clarity Wealth Management
St. Charles,
Illinois
|
-$1.53M |
| 5 |
SMAM
Sugar Maple Asset Management
Sister Bay,
Wisconsin
|
-$902K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIS
51
Strategic Investment Solutions
Orland Park,
Illinois
| – | -$79.1K | -7,065 | Closed |
|
52
Osaic Holdings
Scottsdale,
Arizona
| – | -$16.1K | -1,360 | Closed |
|
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.