Direxion Daily S&P 500 Bear 1X ETF
SPDN
23 hedge funds and large institutions have $54.1M invested in Direxion Daily S&P 500 Bear 1X ETF in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 5 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
9% more capital invested
Capital invested by funds: $49.5M → $54.1M (+$4.59M)
3.6% more ownership
Funds ownership: 43.56% → 47.17% (+3.6%)
8% less funds holding
Funds holding: 25 → 23 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $364K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LG
Leuthold Group
Minneapolis,
Minnesota
|
+$7.66M |
| 2 |
NHFG
New Harbor Financial Group
Worcester,
Massachusetts
|
+$1.75M |
| 3 |
Citigroup
New York
|
+$905K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$288K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$238K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$820K |
| 2 |
HF
HRT Financial
New York
|
-$536K |
| 3 |
Jane Street
New York
|
-$362K |
| 4 |
LPL Financial
San Diego,
California
|
-$266K |
| 5 |
WIA
Wealthstreet Investment Advisors
Dallas,
Texas
|
-$241K |
SPDN Hedge Fund Activity: Q2 2021 in Review
23 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 1X ETF (SPDN) for Q2 2021, worth a combined $54.1M — up 9.3% from $49.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SPDN and 3 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 8 added.
The largest buyer was Leuthold Group, adding an estimated $7.66M. The largest seller was Citadel Advisors, exiting entirely with an estimated $820K sold.
- 23 institutional investors held Direxion Daily S&P 500 Bear 1X ETF (SPDN) as of Q2 2021, down from 25 in Q1 2021.
- Funds reported $54.1M of Direxion Daily S&P 500 Bear 1X ETF stock for Q2 2021, up 9.3% quarter-over-quarter.
- 3 funds opened new Direxion Daily S&P 500 Bear 1X ETF positions in Q2 2021 and 5 closed out, a net change of -2 holders.
- The largest Direxion Daily S&P 500 Bear 1X ETF buyer in Q2 2021 was Leuthold Group, an estimated $7.66M added.
- The largest Direxion Daily S&P 500 Bear 1X ETF seller in Q2 2021 was Citadel Advisors, an estimated $820K sold.
Based on aggregated 13F filings for Q2 2021.