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.
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%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Synergy Asset Management
Vancouver,
Washington
|
+$9.07M |
| 2 |
VF
Virtu Financial
New York
|
+$2.5M |
| 3 |
Renaissance Technologies
New York
|
+$1.91M |
| 4 |
NHFG
New Harbor Financial Group
Worcester,
Massachusetts
|
+$1.82M |
| 5 |
GIA
Guyasuta Investment Advisors
Pittsburgh,
Pennsylvania
|
+$1.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$5.8M |
| 2 |
ADBIC
A.D. Beadell Investment Counsel
Mequon,
Wisconsin
|
-$5.12M |
| 3 |
IMC Chicago
Chicago,
Illinois
|
-$3.83M |
| 4 |
LJAC
L.J. Altfest & Co
New York
|
-$3.55M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.84M |
SPDN Hedge Fund Activity: Q2 2022 in Review
52 of the 5,959 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.