Direxion Daily S&P 500 Bear 1X ETF
SPDN
8 hedge funds and large institutions have $10.9M invested in Direxion Daily S&P 500 Bear 1X ETF in 2019 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 2 closing their positions.
1,285% more capital invested
Capital invested by funds: $786K → $10.9M (+$10.1M)
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
40.6% more ownership
Funds ownership: 3.95% → 44.55% (+41%)
33% more funds holding
Funds holding: 6 → 8 (+2)
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1K
Top Buyers
Top Sellers
| 1 |
VF
Virtu Financial
New York
|
-$218K |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
-$12.8K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RJA
1
Raymond James & Associates
St Petersburg,
Florida
| $8.38M | +$8.8M | +343,036 | New |
|
2
Jane Street
New York
| $743K | +$780K | +30,413 | New |
|
|
TRCT
3
Tower Research Capital (TRC)
New York
| $737K | +$251K | +9,789 | +48% |
|
|
FTUS
4
Flow Traders U.S.
New York
| $625K | +$656K | +25,574 | New |
|
5
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $387K | +$406K | +15,838 | New |
|
|
IA
6
IFP Advisors
Tampa,
Florida
| $10K | -$12.8K | -500 | -56% |
|
|
LTFS
7
Ladenburg Thalmann Financial Services
Miami,
Florida
| $2K | – | – | – |
|
|
VF
8
Virtu Financial
New York
| – | -$218K | -8,229 | Closed |
|
|
9
UBS Group
Zurich,
Switzerland
| – | -$1K | -32 | Closed |
|
SPDN Hedge Fund Activity: Q4 2019 in Review
8 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 1X ETF (SPDN) for Q4 2019, worth a combined $10.9M — up 1,285% from $786K a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SPDN positions and 2 closed out — a net gain of 2 holders — while 1 added to existing stakes and 1 trimmed.
The largest buyer was Raymond James & Associates, opening a new position worth an estimated $8.8M. The largest seller was Virtu Financial, exiting entirely with an estimated $218K sold.
- 8 institutional investors held Direxion Daily S&P 500 Bear 1X ETF (SPDN) as of Q4 2019, up from 6 in Q3 2019.
- Funds reported $10.9M of Direxion Daily S&P 500 Bear 1X ETF stock for Q4 2019, up 1,285% quarter-over-quarter.
- 4 funds opened new Direxion Daily S&P 500 Bear 1X ETF positions in Q4 2019 and 2 closed out, a net change of +2 holders.
- The largest Direxion Daily S&P 500 Bear 1X ETF buyer in Q4 2019 was Raymond James & Associates, an estimated $8.8M added.
- The largest Direxion Daily S&P 500 Bear 1X ETF seller in Q4 2019 was Virtu Financial, an estimated $218K sold.
Based on aggregated 13F filings for Q4 2019.