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Direxion Daily S&P 500 Bear 1X ETF
SPDN

4 hedge funds and large institutions have $4.37M invested in Direxion Daily S&P 500 Bear 1X ETF in 2018 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

20.7% less ownership

Funds ownership: 55.69% → 34.98% (-21%)

50% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 2

56% less funds holding

Funds holding: 9 → 4 (-5)

56% less capital invested

Capital invested by funds: $9.92M → $4.37M (-$5.55M)

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 5

Holders
4
Holders Change
-5
Holders Change %
-55.56%
% of All Funds
0.09%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
–
Increased
1
Reduced
2
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
VF
Virtu Financial
New York
+$1.08M

Top Sellers

Rank Fund Capital Flow
1
Citigroup
Citigroup
New York
-$4.26M
2
Jane Street
Jane Street
New York
-$1.24M
3
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$274K
4
Wolverine Trading
Wolverine Trading
Illinois
-$233K
5
TRCT
Tower Research Capital (TRC)
New York
-$144K

SPDN Hedge Fund Activity: Q3 2018 in Review

4 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 1X ETF (SPDN) for Q3 2018, worth a combined $4.37M — down 56% from $9.92M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of SPDN and 0 opened new positions — a net loss of 5 holders — while 2 trimmed existing stakes and 1 added.

The largest buyer was Virtu Financial, adding an estimated $1.08M. The largest seller was Citigroup, cutting an estimated $4.26M.

  • 4 institutional investors held Direxion Daily S&P 500 Bear 1X ETF (SPDN) as of Q3 2018, down from 9 in Q2 2018.
  • Funds reported $4.37M of Direxion Daily S&P 500 Bear 1X ETF stock for Q3 2018, down 56% quarter-over-quarter.
  • 0 funds opened new Direxion Daily S&P 500 Bear 1X ETF positions in Q3 2018 and 5 closed out, a net change of -5 holders.
  • The largest Direxion Daily S&P 500 Bear 1X ETF buyer in Q3 2018 was Virtu Financial, an estimated $1.08M added.
  • The largest Direxion Daily S&P 500 Bear 1X ETF seller in Q3 2018 was Citigroup, an estimated $4.26M sold.

Based on aggregated 13F filings for Q3 2018.