Direxion Daily S&P 500 Bear 1X ETF
SPDN
7 hedge funds and large institutions have $23.4M invested in Direxion Daily S&P 500 Bear 1X ETF in 2017 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 0 closing their positions.
0% more funds holding
Funds holding: 7 → 7 (0)
15.91% less ownership
Funds ownership: 73.3% → 57.38% (-16%)
18% less capital invested
Capital invested by funds: $28.6M → $23.4M (-$5.22M)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$71.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$3.08M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$880K |
| 3 |
Rafferty Asset Management
New York
|
-$267K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$34K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Rafferty Asset Management
New York
| $13.1M | -$267K | -8,000 | -2% |
|
2
Citigroup
New York
| $8.16M | – | – | – |
|
|
VF
3
Virtu Financial
New York
| $1.63M | -$3.08M | -92,364 | -65% |
|
|
4
Jane Street
New York
| $449K | +$71.6K | +2,148 | +19% |
|
|
TRCT
5
Tower Research Capital (TRC)
New York
| $96K | -$880K | -26,375 | -90% |
|
|
GWM
6
Geneos Wealth Management
Englewood,
Colorado
| $17K | – | – | – |
|
|
LTFS
7
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | -$34K | -1,018 | -98% |
|
SPDN Hedge Fund Activity: Q3 2017 in Review
7 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 1X ETF (SPDN) for Q3 2017, worth a combined $23.4M — down 18% from $28.6M a quarter earlier.
Fund positioning in SPDN was balanced in Q3 2017: 0 funds opened new positions, 0 closed out, 1 added to existing stakes and 4 trimmed.
The largest buyer was Jane Street, adding an estimated $71.6K. The largest seller was Virtu Financial, cutting an estimated $3.08M.
- 7 institutional investors held Direxion Daily S&P 500 Bear 1X ETF (SPDN) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $23.4M of Direxion Daily S&P 500 Bear 1X ETF stock for Q3 2017, down 18% quarter-over-quarter.
- 0 funds opened new Direxion Daily S&P 500 Bear 1X ETF positions in Q3 2017 and 0 closed out.
- The largest Direxion Daily S&P 500 Bear 1X ETF buyer in Q3 2017 was Jane Street, an estimated $71.6K added.
- The largest Direxion Daily S&P 500 Bear 1X ETF seller in Q3 2017 was Virtu Financial, an estimated $3.08M sold.
Based on aggregated 13F filings for Q3 2017.