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Direxion Daily S&P 500 Bear 1X ETF
SPDN

52 hedge funds and large institutions have $103M invested in Direxion Daily S&P 500 Bear 1X ETF in 2022 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

575% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 4

247% more call options, than puts

Call options by funds: $569K | Put options by funds: $164K

79% more funds holding

Funds holding: 29 → 52 (+23)

76% more capital invested

Capital invested by funds: $58.4M → $103M (+$44.5M)

50% more funds holding in top 10

Funds holding in top 10: 2 → 3 (+1)

22% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 9

10.76% less ownership

Funds ownership: 45.42% → 34.66% (-11%)

Holders
52
Holders Change
+23
Holders Change %
+79.31%
% of All Funds
0.82%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.05%
New
27
Increased
11
Reduced
9
Closed
4
Calls
$569K
Puts
$164K
Net Calls
+$405K
Net Calls Change
+$405K

Top Buyers

1
LG
Leuthold Group
Minnesota
+$8.67M
2
ADBIC
A.D. Beadell Investment Counsel
Wisconsin
+$5.25M
3
Citadel Advisors
Citadel Advisors
Florida
+$4.91M
4
BAM
Belpointe Asset Management
Nevada
+$3.53M
5
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$2.96M

Top Sellers

1
LJAC
L.J. Altfest & Co
New York
-$1.39M
2
VF
Virtu Financial
New York
-$705K
3
Creative Planning
Creative Planning
Kansas
-$326K
4
BPA
Beacon Pointe Advisors
California
-$141K
5
Qube Research & Technologies (QRT)
Qube Research & Technologies (QRT)
United Kingdom
-$98.4K
Name Holding Trade Value Shares
Change 		Change in
Stake
LG
1
Leuthold Group
Minnesota
$27.1M +$8.67M +581,346 +45%
NHFG
2
New Harbor Financial Group
Massachusetts
$26.9M +$2.22M +149,233 +9%
Citadel Advisors
3
Citadel Advisors
Florida
$5.8M +$4.91M +329,480 +474%
ADBIC
4
A.D. Beadell Investment Counsel
Wisconsin
$5.12M +$5.25M +351,900 New
IMC Chicago
5
IMC Chicago
Illinois
$3.83M -$5.53K -371 -0.1%
BAM
6
Belpointe Asset Management
Nevada
$3.45M +$3.53M +236,880 New
Susquehanna International Group
7
Susquehanna International Group
Pennsylvania
$3.25M +$2.96M +198,469 +788%
VCP
8
Verus Capital Partners
Arizona
$2.99M +$2.85M +191,211 New
LJAC
9
L.J. Altfest & Co
New York
$2.77M -$1.39M -93,501 -21%
SWP
10
Stratos Wealth Partners
Ohio
$2.35M +$2.41M +161,655 New
Truist Financial
11
Truist Financial
North Carolina
$2.25M +$2.3M +154,325 New
LPL Financial
12
LPL Financial
California
$2.17M +$2.01M +134,637 +923%
GGS
13
Galvin Gaustad & Stein
Arizona
$2.05M +$1.68M +112,750 +404%
Jane Street
14
Jane Street
New York
$1.75M +$1.79M +119,953 New
IWC
15
Integrated Wealth Concepts
Massachusetts
$1.66M +$1.7M +113,998 New
BA
16
Bennicas & Associates
California
$1.39M +$201K +13,450 +16%
NL
17
NVWM LLC
Pennsylvania
$1.01M +$1.04M +69,582 New
ACM
18
Allred Capital Management
Texas
$830K +$851K +57,070 New
Envestnet Asset Management
19
Envestnet Asset Management
Illinois
$753K +$771K +51,747 New
CA
20
Cetera Advisors
Colorado
$655K +$671K +45,010 New
FTUS
21
Flow Traders U.S.
New York
$470K +$38.1K +2,555 +9%
RCA
22
Resonant Capital Advisors
Wisconsin
$425K +$122K +8,209 +39%
Creative Planning
23
Creative Planning
Kansas
$406K -$326K -21,900 -44%
TRCT
24
Tower Research Capital (TRC)
New York
$345K -$21.1K -1,414 -6%
MA
25
MBA Advisors
Pennsylvania
$330K +$338K +22,705 New
1
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SPDN Hedge Fund Activity: Q1 2022 in Review

52 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 1X ETF (SPDN) for Q1 2022, worth a combined $103M — up 76% from $58.4M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new SPDN positions and 4 closed out — a net gain of 23 holders — while 11 added to existing stakes and 9 trimmed.

The largest buyer was Leuthold Group, adding an estimated $8.67M. The largest seller was L.J. Altfest & Co, cutting an estimated $1.39M.

  • 52 institutional investors held Direxion Daily S&P 500 Bear 1X ETF (SPDN) as of Q1 2022, up from 29 in Q4 2021.
  • Funds reported $103M of Direxion Daily S&P 500 Bear 1X ETF stock for Q1 2022, up 76% quarter-over-quarter.
  • 27 funds opened new Direxion Daily S&P 500 Bear 1X ETF positions in Q1 2022 and 4 closed out, a net change of +23 holders.
  • The largest Direxion Daily S&P 500 Bear 1X ETF buyer in Q1 2022 was Leuthold Group, an estimated $8.67M added.
  • The largest Direxion Daily S&P 500 Bear 1X ETF seller in Q1 2022 was L.J. Altfest & Co, an estimated $1.39M sold.

Based on aggregated 13F filings for Q1 2022.