Direxion Daily S&P 500 Bear 1X ETF
SPDN
5 hedge funds and large institutions have $21M invested in Direxion Daily S&P 500 Bear 1X ETF in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, increasing their positions, reducing their positions, and closing their positions.
34.84% more ownership
Funds ownership: 0% → 34.84% (+35%)
Top Buyers
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$10.2M |
| 2 |
Citigroup
New York
|
+$10.2M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$509K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$404K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$4.07K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Bank of America
Charlotte,
North Carolina
| $10M | +$10.2M | +250,000 | New |
|
|
2
Citigroup
New York
| $10M | +$10.2M | +250,000 | New |
|
|
CS
3
Credit Suisse
Zurich,
Switzerland
| $502K | +$509K | +12,500 | New |
|
|
VKH
4
Virtu KCG Holdings
New York
| $399K | +$404K | +9,935 | New |
|
|
5
UBS Group
Zurich,
Switzerland
| $4K | +$4.07K | +100 | New |
|
SPDN Hedge Fund Activity: Q2 2016 in Review
5 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 1X ETF (SPDN) for Q2 2016, worth a combined $21M.
Buyers outnumbered sellers: 5 funds opened new SPDN positions and 0 closed out — a net gain of 5 holders — while 0 added to existing stakes and 0 trimmed.
The largest buyer was Bank of America, opening a new position worth an estimated $10.2M.
- 5 institutional investors held Direxion Daily S&P 500 Bear 1X ETF (SPDN) as of Q2 2016, up from 0 in Q1 2016.
- Funds reported $21M of Direxion Daily S&P 500 Bear 1X ETF stock for Q2 2016.
- 5 funds opened new Direxion Daily S&P 500 Bear 1X ETF positions in Q2 2016 and 0 closed out, a net change of +5 holders.
- The largest Direxion Daily S&P 500 Bear 1X ETF buyer in Q2 2016 was Bank of America, an estimated $10.2M added.
Based on aggregated 13F filings for Q2 2016.