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Direxion Daily S&P 500 Bear 1X ETF
SPDN

52 hedge funds and large institutions have $114M invested in Direxion Daily S&P 500 Bear 1X ETF in 2022 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 19 increasing their positions, 12 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

28,600% more call options, than puts

Call options by funds: $287K | Put options by funds: $1K

58% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 12

11% more capital invested

Capital invested by funds: $103M → $114M (+$10.9M)

0% more funds holding

Funds holding: 52 → 52 (0)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

0% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 12

7.72% less ownership

Funds ownership: 34.66% → 26.95% (-7.7%)

Holders
52
Holders Change
–
Holders Change %
0%
% of All Funds
0.88%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.05%
New
12
Increased
19
Reduced
12
Closed
12
Calls
$287K
Puts
$1K
Net Calls
+$286K
Net Calls Change
-$119K

Top Buyers

1
SAM
Synergy Asset Management
Washington
+$9.07M
2
VF
Virtu Financial
New York
+$2.5M
3
Renaissance Technologies
Renaissance Technologies
New York
+$1.91M
4
NHFG
New Harbor Financial Group
Massachusetts
+$1.82M
5
GIA
Guyasuta Investment Advisors
Pennsylvania
+$1.58M

Top Sellers

1
Citadel Advisors
Citadel Advisors
Florida
-$5.8M
2
ADBIC
A.D. Beadell Investment Counsel
Wisconsin
-$5.12M
3
IMC Chicago
IMC Chicago
Illinois
-$3.83M
4
LJAC
L.J. Altfest & Co
New York
-$3.55M
5
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$2.84M
Name Holding Trade Value Shares
Change 		Change in
Stake
NHFG
1
New Harbor Financial Group
Massachusetts
$33.4M +$1.82M +114,189 +6%
LG
2
Leuthold Group
Minnesota
$29.2M -$2.39M -149,802 -8%
SAM
3
Synergy Asset Management
Washington
$9.69M +$9.07M +568,608 New
BAM
4
Belpointe Asset Management
Nevada
$4.12M +$81.7K +5,121 +2%
LPL Financial
5
LPL Financial
California
$3.08M +$502K +31,509 +21%
VCP
6
Verus Capital Partners
Arizona
$2.88M -$1.61M -100,690 -53%
SWP
7
Stratos Wealth Partners
Ohio
$2.81M +$51.3K +3,217 +2%
VF
8
Virtu Financial
New York
$2.67M +$2.5M +156,790 New
GGS
9
Galvin Gaustad & Stein
Arizona
$2.05M -$324K -20,300 -14%
Renaissance Technologies
10
Renaissance Technologies
New York
$2.04M +$1.91M +119,700 New
Jane Street
11
Jane Street
New York
$1.91M -$122K -7,644 -6%
NL
12
NVWM LLC
Pennsylvania
$1.86M +$636K +39,859 +57%
LJAC
13
L.J. Altfest & Co
New York
$1.71M -$3.55M -222,305 -63%
GIA
14
Guyasuta Investment Advisors
Pennsylvania
$1.68M +$1.58M +98,776 New
BA
15
Bennicas & Associates
California
$1.63M – – –
TRCT
16
Tower Research Capital (TRC)
New York
$1.5M +$1.03M +64,609 +273%
ACM
17
Allred Capital Management
Texas
$1.32M +$328K +20,599 +36%
BIP
18
Blueprint Investment Partners
North Carolina
$1.13M +$1.05M +66,005 New
RCM
19
Rain Capital Management
Oregon
$818K +$766K +48,004 New
MWM
20
Maltin Wealth Management
New Jersey
$804K +$517K +32,405 +219%
CA
21
Cetera Advisors
Colorado
$801K +$31.9K +2,000 +4%
Susquehanna International Group
22
Susquehanna International Group
Pennsylvania
$775K -$2.84M -178,139 -80%
HF
23
HRT Financial
New York
$759K +$711K +44,588 New
FTUS
24
Flow Traders U.S.
New York
$738K +$176K +11,007 +34%
MA
25
MBA Advisors
Pennsylvania
$665K +$260K +16,326 +72%
1
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SPDN Hedge Fund Activity: Q2 2022 in Review

52 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 1X ETF (SPDN) for Q2 2022, worth a combined $114M — up 11% from $103M a quarter earlier.

Fund positioning in SPDN was balanced in Q2 2022: 12 funds opened new positions, 12 closed out, 19 added to existing stakes and 12 trimmed.

The largest buyer was Synergy Asset Management, opening a new position worth an estimated $9.07M. The largest seller was Citadel Advisors, exiting entirely with an estimated $5.8M sold.

  • 52 institutional investors held Direxion Daily S&P 500 Bear 1X ETF (SPDN) as of Q2 2022, unchanged from Q1 2022.
  • Funds reported $114M of Direxion Daily S&P 500 Bear 1X ETF stock for Q2 2022, up 11% quarter-over-quarter.
  • 12 funds opened new Direxion Daily S&P 500 Bear 1X ETF positions in Q2 2022 and 12 closed out, a net change of 0 holders.
  • The largest Direxion Daily S&P 500 Bear 1X ETF buyer in Q2 2022 was Synergy Asset Management, an estimated $9.07M added.
  • The largest Direxion Daily S&P 500 Bear 1X ETF seller in Q2 2022 was Citadel Advisors, an estimated $5.8M sold.

Based on aggregated 13F filings for Q2 2022.