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Direxion Daily S&P 500 Bear 1X ETF
SPDN

24 hedge funds and large institutions have $70.4M invested in Direxion Daily S&P 500 Bear 1X ETF in 2020 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

66% more capital invested

Capital invested by funds: $42.3M → $70.4M (+$28.1M)

22.53% more ownership

Funds ownership: 25.25% → 47.78% (+23%)

0% more funds holding

Funds holding: 24 → 24 (0)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

0% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 6

38% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 8

75% less call options, than puts

Call options by funds: $1K | Put options by funds: $4K

Holders
24
Holders Change
–
Holders Change %
0%
% of All Funds
0.42%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
6
Increased
5
Reduced
8
Closed
6
Calls
$1K
Puts
$4K
Net Calls
-$3K
Net Calls Change
-$349K

Top Buyers

1
IMC Chicago
IMC Chicago
Illinois
+$11.6M
2
VF
Virtu Financial
New York
+$4.84M
3
BA
Bennicas & Associates
California
+$2.83M
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$682K
5
IP
Intellectus Partners
California
+$515K

Top Sellers

1
HCM
Hilton Capital Management
New York
-$5.32M
2
LG
Leuthold Group
Minnesota
-$2.44M
3
FTUS
Flow Traders U.S.
New York
-$1.64M
4
Citigroup
Citigroup
New York
-$901K
5
Renaissance Technologies
Renaissance Technologies
New York
-$348K
Name Holding Trade Value Shares
Change 		Change in
Stake
NHFG
1
New Harbor Financial Group
Massachusetts
$23.9M +$25.4M +1,296,738 New
LG
2
Leuthold Group
Minnesota
$13.7M -$2.44M -124,769 -14%
IMC Chicago
3
IMC Chicago
Illinois
$10.9M +$11.6M +593,281 New
LC
4
Lindbrook Capital
California
$6.01M -$32.3K -1,652 -0.5%
VF
5
Virtu Financial
New York
$5.87M +$4.84M +247,280 +345%
BA
6
Bennicas & Associates
California
$2.67M +$2.83M +144,750 New
Susquehanna International Group
7
Susquehanna International Group
Pennsylvania
$2.21M +$682K +34,826 +41%
IP
8
Intellectus Partners
California
$1.5M +$515K +26,300 +48%
Citigroup
9
Citigroup
New York
$1.1M -$901K -46,023 -43%
Citadel Advisors
10
Citadel Advisors
Florida
$881K -$273K -13,971 -23%
LPL Financial
11
LPL Financial
California
$789K -$187K -9,552 -18%
AAS
12
Annex Advisory Services
Wisconsin
$277K -$128K -6,529 -30%
WIA
13
Wealthstreet Investment Advisors
Texas
$258K +$274K +14,000 New
RIM
14
Rockbridge Investment Management
New York
$84K -$10.8K -550 -11%
Osaic Holdings
15
Osaic Holdings
Arizona
$76K +$79.7K +4,075 +6,367%
AWM
16
AllSquare Wealth Management
New York
$57K – – –
UBS Group
17
UBS Group
Switzerland
$37K +$14.7K +749 +60%
Bank of Montreal
18
Bank of Montreal
Ontario, Canada
$4K – – –
CWAF
19
Core Wealth Advisors (Florida)
Florida
$2K +$1.96K +100 New
TWA
20
TCI Wealth Advisors
Arizona
$1K -$391 -20 -40%
CG
21
Cutler Group
California
$1K – – –
WIM
22
Westside Investment Management
California
$20 – – –
HCM
23
Hilton Capital Management
New York
– -$5.32M -255,750 Closed
FTUS
24
Flow Traders U.S.
New York
– -$1.64M -78,547 Closed
Renaissance Technologies
25
Renaissance Technologies
New York
– -$348K -16,700 Closed
1
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SPDN Hedge Fund Activity: Q4 2020 in Review

24 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 1X ETF (SPDN) for Q4 2020, worth a combined $70.4M — up 66% from $42.3M a quarter earlier.

Fund positioning in SPDN was balanced in Q4 2020: 6 funds opened new positions, 6 closed out, 5 added to existing stakes and 8 trimmed.

The largest buyer was IMC Chicago, opening a new position worth an estimated $11.6M. The largest seller was Hilton Capital Management, exiting entirely with an estimated $5.32M sold.

  • 24 institutional investors held Direxion Daily S&P 500 Bear 1X ETF (SPDN) as of Q4 2020, unchanged from Q3 2020.
  • Funds reported $70.4M of Direxion Daily S&P 500 Bear 1X ETF stock for Q4 2020, up 66% quarter-over-quarter.
  • 6 funds opened new Direxion Daily S&P 500 Bear 1X ETF positions in Q4 2020 and 6 closed out, a net change of 0 holders.
  • The largest Direxion Daily S&P 500 Bear 1X ETF buyer in Q4 2020 was IMC Chicago, an estimated $11.6M added.
  • The largest Direxion Daily S&P 500 Bear 1X ETF seller in Q4 2020 was Hilton Capital Management, an estimated $5.32M sold.

Based on aggregated 13F filings for Q4 2020.