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.
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)
Top Buyers
| 1 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$99.2M |
| 2 |
LPL Financial
San Diego,
California
|
+$5.49M |
| 3 |
AIA
Acute Investment Advisory
Mesa,
Arizona
|
+$5.48M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$2.89M |
| 5 |
VF
Virtu Financial
New York
|
+$2.38M |
Top Sellers
| 1 |
MC
Muhlenkamp & Co
Wexford,
Pennsylvania
|
-$11.7M |
| 2 |
IA
Inspire Advisors
Meridian,
Idaho
|
-$6.62M |
| 3 |
LAM
LifePro Asset Management
San Diego,
California
|
-$6.24M |
| 4 |
PAM
PVG Asset Management
Golden,
Colorado
|
-$3.15M |
| 5 |
IMC Chicago
Chicago,
Illinois
|
-$2.25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BIP
76
Blueprint Investment Partners
Greensboro,
North Carolina
| – | -$1.04M | -58,005 | Closed |
|
77
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$463K | -25,869 | Closed |
|
78
JP Morgan Chase
New York
| – | -$326K | -18,241 | Closed |
|
|
LODC
79
Lanham O'Dell & Company
Hurricane,
West Virginia
| – | -$299K | -16,736 | Closed |
|
|
SA
80
Shilanski & Associates
Anchorage,
Alaska
| – | -$226K | -12,622 | Closed |
|
|
QT
81
Quantbot Technologies
New York
| – | -$143K | -8,000 | Closed |
|
|
DRS
82
Deane Retirement Strategies
New Orleans,
Louisiana
| – | -$11K | -600 | Closed |
|
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.