Direxion Daily S&P 500 Bear 1X ETF
SPDN
39 hedge funds and large institutions have $79.8M invested in Direxion Daily S&P 500 Bear 1X ETF in 2024 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 9 increasing their positions, 14 reducing their positions, and 10 closing their positions.
5.93% more ownership
Funds ownership: 44.62% → 50.56% (+5.9%)
1% more capital invested
Capital invested by funds: $78.7M → $79.8M (+$1.04M)
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: 10 | Existing positions closed: 10
3% less funds holding
Funds holding: 40 → 39 (-1)
36% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 14
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $7K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OPOWM
One Plus One Wealth Management
Jupiter,
Florida
|
+$9.66M |
| 2 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
+$2.42M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.68M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$993K |
| 5 |
CL
Choreo LLC
Rockford,
Illinois
|
+$394K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$2.32M |
| 2 |
HF
HRT Financial
New York
|
-$2.26M |
| 3 |
Jane Street
New York
|
-$1.58M |
| 4 |
JP Morgan Chase
New York
|
-$1.27M |
| 5 |
VF
Virtu Financial
New York
|
-$1.13M |
SPDN Hedge Fund Activity: Q2 2024 in Review
39 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 1X ETF (SPDN) for Q2 2024, worth a combined $79.8M — up 1.3% from $78.7M a quarter earlier.
Fund positioning in SPDN was balanced in Q2 2024: 10 funds opened new positions, 10 closed out, 9 added to existing stakes and 14 trimmed.
The largest buyer was One Plus One Wealth Management, adding an estimated $9.66M. The largest seller was Advisory Services Network, cutting an estimated $2.32M.
- 39 institutional investors held Direxion Daily S&P 500 Bear 1X ETF (SPDN) as of Q2 2024, down from 40 in Q1 2024.
- Funds reported $79.8M of Direxion Daily S&P 500 Bear 1X ETF stock for Q2 2024, up 1.3% quarter-over-quarter.
- 10 funds opened new Direxion Daily S&P 500 Bear 1X ETF positions in Q2 2024 and 10 closed out, a net change of 0 holders.
- The largest Direxion Daily S&P 500 Bear 1X ETF buyer in Q2 2024 was One Plus One Wealth Management, an estimated $9.66M added.
- The largest Direxion Daily S&P 500 Bear 1X ETF seller in Q2 2024 was Advisory Services Network, an estimated $2.32M sold.
Based on aggregated 13F filings for Q2 2024.