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Direxion Daily S&P 500 Bear 1X ETF
SPDN

6 hedge funds and large institutions have $27.5M invested in Direxion Daily S&P 500 Bear 1X ETF in 2017 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 1

0% more capital inflows, than outflows

Capital inflows: $1.81M | Capital outflows: $1.81M

3.3% less ownership

Funds ownership: 74.53% → 71.23% (-3.3%)

25% less funds holding

Funds holding: 8 → 6 (-2)

67% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 3

Holders
6
Holders Change
-2
Holders Change %
-25%
% of All Funds
0.15%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
1
Increased
2
Reduced
1
Closed
3
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Virtu Financial
Virtu Financial
New York
+$1.76M
2
Rafferty Asset Management
Rafferty Asset Management
New York
+$46.4K
3
UBS Group
UBS Group
Switzerland
+$3.71K

Top Sellers

Rank Fund Capital Flow
1
Tower Research Capital (TRC)
Tower Research Capital (TRC)
New York
-$820K
2
Virtu KCG Holdings
Virtu KCG Holdings
New York
-$633K
3
Fort Point Capital Partners
Fort Point Capital Partners
California
-$257K
4
CG
Cutler Group
California
-$96K

SPDN Hedge Fund Activity: Q1 2017 in Review

6 of the 4,035 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 1X ETF (SPDN) for Q1 2017, worth a combined $27.5M — down 5.4% from $29M a quarter earlier.

Sellers outnumbered buyers: 3 funds closed out of SPDN and 1 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 2 added.

The largest buyer was Virtu Financial, opening a new position worth an estimated $1.76M. The largest seller was Tower Research Capital (TRC), cutting an estimated $820K.

  • 6 institutional investors held Direxion Daily S&P 500 Bear 1X ETF (SPDN) as of Q1 2017, down from 8 in Q4 2016.
  • Funds reported $27.5M of Direxion Daily S&P 500 Bear 1X ETF stock for Q1 2017, down 5.4% quarter-over-quarter.
  • 1 fund opened new Direxion Daily S&P 500 Bear 1X ETF positions in Q1 2017 and 3 closed out, a net change of -2 holders.
  • The largest Direxion Daily S&P 500 Bear 1X ETF buyer in Q1 2017 was Virtu Financial, an estimated $1.76M added.
  • The largest Direxion Daily S&P 500 Bear 1X ETF seller in Q1 2017 was Tower Research Capital (TRC), an estimated $820K sold.

Based on aggregated 13F filings for Q1 2017.