Direxion Daily S&P 500 Bear 1X ETF
SPDN
9 hedge funds and large institutions have $20.7M invested in Direxion Daily S&P 500 Bear 1X ETF in 2018 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 1 closing their positions.
0% more funds holding
Funds holding: 9 → 9 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
6.44% less ownership
Funds ownership: 81.47% → 75.02% (-6.4%)
12% less capital invested
Capital invested by funds: $23.7M → $20.7M (-$2.95M)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
Top Buyers
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$500K |
| 2 |
Jane Street
New York
|
+$404K |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$285K |
Top Sellers
| 1 |
Rafferty Asset Management
New York
|
-$2.9M |
| 2 |
PI
Parkside Investments
Deerfield,
Illinois
|
-$851K |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
-$168K |
| 4 |
VF
Virtu Financial
New York
|
-$165K |
| 5 |
Citigroup
New York
|
-$79.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Rafferty Asset Management
New York
| $9.37M | -$2.9M | -96,900 | -24% |
|
|
2
Citigroup
New York
| $7.6M | -$79.2K | -2,650 | -1% |
|
|
VF
3
Virtu Financial
New York
| $1.59M | -$165K | -5,509 | -10% |
|
|
4
Jane Street
New York
| $859K | +$404K | +13,530 | +94% |
|
|
TRCT
5
Tower Research Capital (TRC)
New York
| $790K | +$500K | +16,716 | +186% |
|
|
OMC
6
Old Mission Capital
Chicago,
Illinois
| $293K | +$285K | +9,548 | New |
|
|
7
Wolverine Trading
Chicago,
Illinois
| $233K | -$168K | -5,624 | -43% |
|
8
UBS Group
Zurich,
Switzerland
| $11K | -$389 | -13 | -3% |
|
|
LTFS
9
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | – | – | – |
|
|
PI
10
Parkside Investments
Deerfield,
Illinois
| – | -$851K | -27,812 | Closed |
|
SPDN Hedge Fund Activity: Q1 2018 in Review
9 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 1X ETF (SPDN) for Q1 2018, worth a combined $20.7M — down 12% from $23.7M a quarter earlier.
Fund positioning in SPDN was balanced in Q1 2018: 1 fund opened new positions, 1 closed out, 2 added to existing stakes and 5 trimmed.
The largest buyer was Tower Research Capital (TRC), adding an estimated $500K. The largest seller was Rafferty Asset Management, cutting an estimated $2.9M.
- 9 institutional investors held Direxion Daily S&P 500 Bear 1X ETF (SPDN) as of Q1 2018, unchanged from Q4 2017.
- Funds reported $20.7M of Direxion Daily S&P 500 Bear 1X ETF stock for Q1 2018, down 12% quarter-over-quarter.
- 1 fund opened new Direxion Daily S&P 500 Bear 1X ETF positions in Q1 2018 and 1 closed out, a net change of 0 holders.
- The largest Direxion Daily S&P 500 Bear 1X ETF buyer in Q1 2018 was Tower Research Capital (TRC), an estimated $500K added.
- The largest Direxion Daily S&P 500 Bear 1X ETF seller in Q1 2018 was Rafferty Asset Management, an estimated $2.9M sold.
Based on aggregated 13F filings for Q1 2018.