Direxion Daily S&P 500 Bear 1X ETF
SPDN
5 hedge funds and large institutions have $1.6M invested in Direxion Daily S&P 500 Bear 1X ETF in 2019 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
51% more capital invested
Capital invested by funds: $1.06M → $1.6M (+$543K)
25% more funds holding
Funds holding: 4 → 5 (+1)
1.67% more ownership
Funds ownership: 8.41% → 10.08% (+1.7%)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$932K |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$1.02K |
Top Sellers
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$181K |
| 2 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
-$155K |
| 3 |
CG
Cutler Group
San Francisco,
California
|
-$2.71K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $911K | +$932K | +33,717 | New |
|
|
TRCT
2
Tower Research Capital (TRC)
New York
| $464K | -$181K | -6,537 | -28% |
|
|
FHA
3
Flagship Harbor Advisors
Boston,
Massachusetts
| $226K | -$155K | -5,600 | -40% |
|
|
LTFS
4
Ladenburg Thalmann Financial Services
Miami,
Florida
| $2K | +$1.02K | +37 | +137% |
|
|
WIM
5
Westside Investment Management
Santa Monica,
California
| $30 | +$31.2K | +1,130 | New |
|
|
CG
6
Cutler Group
San Francisco,
California
| – | -$2.71K | -98 | Closed |
|
SPDN Hedge Fund Activity: Q2 2019 in Review
5 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 1X ETF (SPDN) for Q2 2019, worth a combined $1.6M — up 51% from $1.06M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new SPDN positions and 1 closed out — a net gain of 1 holder — while 1 added to existing stakes and 2 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $932K. The largest seller was Tower Research Capital (TRC), cutting an estimated $181K.
- 5 institutional investors held Direxion Daily S&P 500 Bear 1X ETF (SPDN) as of Q2 2019, up from 4 in Q1 2019.
- Funds reported $1.6M of Direxion Daily S&P 500 Bear 1X ETF stock for Q2 2019, up 51% quarter-over-quarter.
- 2 funds opened new Direxion Daily S&P 500 Bear 1X ETF positions in Q2 2019 and 1 closed out, a net change of +1 holder.
- The largest Direxion Daily S&P 500 Bear 1X ETF buyer in Q2 2019 was Susquehanna International Group, an estimated $932K added.
- The largest Direxion Daily S&P 500 Bear 1X ETF seller in Q2 2019 was Tower Research Capital (TRC), an estimated $181K sold.
Based on aggregated 13F filings for Q2 2019.