Direxion Daily S&P 500 Bear 1X ETF
SPDN
9 hedge funds and large institutions have $9.92M invested in Direxion Daily S&P 500 Bear 1X ETF in 2018 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 2 closing their positions.
0% more funds holding
Funds holding: 9 → 9 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
19.34% less ownership
Funds ownership: 75.02% → 55.69% (-19%)
52% less capital invested
Capital invested by funds: $20.7M → $9.92M (-$10.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$418K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$277K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$12.2K |
| 4 |
CG
Cutler Group
San Francisco,
California
|
+$3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rafferty Asset Management
New York
|
-$9.37M |
| 2 |
VF
Virtu Financial
New York
|
-$1.34M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$293K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$167K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Citigroup
New York
| $7.34M | – | – | – |
|
|
2
Jane Street
New York
| $1.24M | +$418K | +13,944 | +50% |
|
|
TRCT
3
Tower Research Capital (TRC)
New York
| $596K | -$167K | -5,574 | -22% |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $274K | +$277K | +9,223 | New |
|
5
Wolverine Trading
Chicago,
Illinois
| $233K | – | – | – |
|
|
VF
6
Virtu Financial
New York
| $208K | -$1.34M | -44,661 | -86% |
|
|
7
UBS Group
Zurich,
Switzerland
| $23K | +$12.2K | +406 | +112% |
|
|
CG
8
Cutler Group
San Francisco,
California
| $2K | +$3K | +100 | New |
|
|
LTFS
9
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | – | – | – |
|
|
10
Rafferty Asset Management
New York
| – | -$9.37M | -305,000 | Closed |
|
|
OMC
11
Old Mission Capital
Chicago,
Illinois
| – | -$293K | -9,548 | Closed |
|
SPDN Hedge Fund Activity: Q2 2018 in Review
9 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 1X ETF (SPDN) for Q2 2018, worth a combined $9.92M — down 52% from $20.7M a quarter earlier.
Fund positioning in SPDN was balanced in Q2 2018: 2 funds opened new positions, 2 closed out, 2 added to existing stakes and 2 trimmed.
The largest buyer was Jane Street, adding an estimated $418K. The largest seller was Rafferty Asset Management, exiting entirely with an estimated $9.37M sold.
- 9 institutional investors held Direxion Daily S&P 500 Bear 1X ETF (SPDN) as of Q2 2018, unchanged from Q1 2018.
- Funds reported $9.92M of Direxion Daily S&P 500 Bear 1X ETF stock for Q2 2018, down 52% quarter-over-quarter.
- 2 funds opened new Direxion Daily S&P 500 Bear 1X ETF positions in Q2 2018 and 2 closed out, a net change of 0 holders.
- The largest Direxion Daily S&P 500 Bear 1X ETF buyer in Q2 2018 was Jane Street, an estimated $418K added.
- The largest Direxion Daily S&P 500 Bear 1X ETF seller in Q2 2018 was Rafferty Asset Management, an estimated $9.37M sold.
Based on aggregated 13F filings for Q2 2018.