Direxion Daily S&P 500 Bear 1X ETF
SPDN
17 hedge funds and large institutions have $13.9M invested in Direxion Daily S&P 500 Bear 1X ETF in 2020 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 4 closing their positions.
250% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 4
113% more funds holding
Funds holding: 8 → 17 (+9)
28% more capital invested
Capital invested by funds: $10.9M → $13.9M (+$3.01M)
28.61% less ownership
Funds ownership: 44.55% → 15.94% (-29%)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LC
Lindbrook Capital
Calabasas,
California
|
+$4.02M |
| 2 |
FA
Fortis Advisors
Wayne,
Pennsylvania
|
+$3.81M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.12M |
| 4 |
TYCC
Texas Yale Capital Corp
St. Petersburg,
Florida
|
+$867K |
| 5 |
LPL Financial
San Diego,
California
|
+$846K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$8.38M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$737K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$625K |
| 4 |
Jane Street
New York
|
-$564K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$136K |
SPDN Hedge Fund Activity: Q1 2020 in Review
17 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 1X ETF (SPDN) for Q1 2020, worth a combined $13.9M — up 28% from $10.9M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new SPDN positions and 4 closed out — a net gain of 10 holders — while 0 added to existing stakes and 2 trimmed.
The largest buyer was Lindbrook Capital, opening a new position worth an estimated $4.02M. The largest seller was Raymond James & Associates, exiting entirely with an estimated $8.38M sold.
- 17 institutional investors held Direxion Daily S&P 500 Bear 1X ETF (SPDN) as of Q1 2020, up from 8 in Q4 2019.
- Funds reported $13.9M of Direxion Daily S&P 500 Bear 1X ETF stock for Q1 2020, up 28% quarter-over-quarter.
- 14 funds opened new Direxion Daily S&P 500 Bear 1X ETF positions in Q1 2020 and 4 closed out, a net change of +10 holders.
- The largest Direxion Daily S&P 500 Bear 1X ETF buyer in Q1 2020 was Lindbrook Capital, an estimated $4.02M added.
- The largest Direxion Daily S&P 500 Bear 1X ETF seller in Q1 2020 was Raymond James & Associates, an estimated $8.38M sold.
Based on aggregated 13F filings for Q1 2020.