Direxion Daily S&P 500 Bear 1X ETF
SPDN
9 hedge funds and large institutions have $23.7M invested in Direxion Daily S&P 500 Bear 1X ETF in 2017 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 0 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
29% more funds holding
Funds holding: 7 → 9 (+2)
24.08% more ownership
Funds ownership: 57.38% → 81.47% (+24%)
1% more capital invested
Capital invested by funds: $23.4M → $23.7M (+$284K)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $557K
Top Buyers
| 1 |
PI
Parkside Investments
Deerfield,
Illinois
|
+$877K |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
+$417K |
| 3 |
VF
Virtu Financial
New York
|
+$225K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$191K |
| 5 |
Rafferty Asset Management
New York
|
+$59.9K |
Top Sellers
| 1 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$17K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Rafferty Asset Management
New York
| $12.3M | +$59.9K | +1,900 | +0.5% |
|
2
Citigroup
New York
| $7.65M | – | – | – |
|
|
VF
3
Virtu Financial
New York
| $1.75M | +$225K | +7,126 | +14% |
|
|
PI
4
Parkside Investments
Deerfield,
Illinois
| $851K | +$877K | +27,812 | New |
|
5
Jane Street
New York
| $442K | +$22.4K | +709 | +5% |
|
|
6
Wolverine Trading
Chicago,
Illinois
| $404K | +$417K | +13,202 | New |
|
|
TRCT
7
Tower Research Capital (TRC)
New York
| $276K | +$191K | +6,066 | +206% |
|
8
UBS Group
Zurich,
Switzerland
| $11K | +$11.8K | +375 | New |
|
|
LTFS
9
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | – | – | – |
|
|
GWM
10
Geneos Wealth Management
Englewood,
Colorado
| – | -$17K | -550 | Closed |
|
SPDN Hedge Fund Activity: Q4 2017 in Review
9 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 1X ETF (SPDN) for Q4 2017, worth a combined $23.7M — up 1.2% from $23.4M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new SPDN positions and 1 closed out — a net gain of 2 holders — while 4 added to existing stakes and 0 trimmed.
The largest buyer was Parkside Investments, opening a new position worth an estimated $877K. The largest seller was Geneos Wealth Management, exiting entirely with an estimated $17K sold.
- 9 institutional investors held Direxion Daily S&P 500 Bear 1X ETF (SPDN) as of Q4 2017, up from 7 in Q3 2017.
- Funds reported $23.7M of Direxion Daily S&P 500 Bear 1X ETF stock for Q4 2017, up 1.2% quarter-over-quarter.
- 3 funds opened new Direxion Daily S&P 500 Bear 1X ETF positions in Q4 2017 and 1 closed out, a net change of +2 holders.
- The largest Direxion Daily S&P 500 Bear 1X ETF buyer in Q4 2017 was Parkside Investments, an estimated $877K added.
- The largest Direxion Daily S&P 500 Bear 1X ETF seller in Q4 2017 was Geneos Wealth Management, an estimated $17K sold.
Based on aggregated 13F filings for Q4 2017.