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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.

New
Increased
Maintained
Reduced
Closed

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

Holders
39
Holders Change
-1
Holders Change %
-2.5%
% of All Funds
0.56%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.04%
New
10
Increased
9
Reduced
14
Closed
10
Calls
–
Puts
$7K
Net Calls
-$7K
Net Calls Change
+$243K

Top Buyers

1
OPOWM
One Plus One Wealth Management
Florida
+$9.66M
2
SKK
Shepherd Kaplan Krochuk
Massachusetts
+$2.42M
3
Citadel Advisors
Citadel Advisors
Florida
+$1.68M
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$993K
5
CL
Choreo LLC
Illinois
+$394K

Top Sellers

1
ASN
Advisory Services Network
Georgia
-$2.32M
2
HF
HRT Financial
New York
-$2.26M
3
Jane Street
Jane Street
New York
-$1.58M
4
JP Morgan Chase
JP Morgan Chase
New York
-$1.27M
5
VF
Virtu Financial
New York
-$1.13M
Name Holding Trade Value Shares
Change 		Change in
Stake
KWM
1
Kaydan Wealth Management
Michigan
$23.3M -$563K -45,829 -2%
LG
2
Leuthold Group
Minnesota
$20.1M -$335K -27,261 -2%
OPOWM
3
One Plus One Wealth Management
Florida
$12.9M +$9.66M +785,953 +252%
Citadel Advisors
4
Citadel Advisors
Florida
$2.62M +$1.68M +136,557 +158%
SKK
5
Shepherd Kaplan Krochuk
Massachusetts
$2.31M +$2.42M +196,685 New
Envestnet Asset Management
6
Envestnet Asset Management
Illinois
$2.22M +$10.1K +821 +0.4%
ASN
7
Advisory Services Network
Georgia
$2.02M -$2.32M -188,912 -52%
BPA
8
Beacon Pointe Advisors
California
$2.01M +$117K +9,550 +6%
BAM
9
Belpointe Asset Management
Nevada
$1.69M +$45.8K +3,724 +3%
BW
10
Bison Wealth
Georgia
$1.31M – – –
VF
11
Virtu Financial
New York
$1.3M -$1.13M -92,001 -45%
Susquehanna International Group
12
Susquehanna International Group
Pennsylvania
$1.07M +$993K +80,768 +791%
SMAM
13
Sugar Maple Asset Management
Wisconsin
$947K -$61.5K -5,000 -6%
VF
14
Vista Finance
Missouri
$881K -$848K -68,988 -48%
MWM
15
Maltin Wealth Management
New Jersey
$614K -$94.4K -7,680 -13%
Jane Street
16
Jane Street
New York
$572K -$1.58M -128,530 -73%
HF
17
HRT Financial
New York
$537K -$2.26M -183,888 -80%
FTUS
18
Flow Traders U.S.
New York
$419K +$205K +16,668 +88%
CL
19
Choreo LLC
Illinois
$377K +$394K +32,083 New
AL
20
Aspiriant LLC
California
$351K +$366K +29,790 New
RCA
21
Resonant Capital Advisors
Wisconsin
$309K – – –
Creative Planning
22
Creative Planning
Kansas
$282K +$295K +24,000 New
CAPTRUST Financial Advisors
23
CAPTRUST Financial Advisors
North Carolina
$238K -$1.84K -150 -0.7%
LODC
24
Lanham O'Dell & Company
West Virginia
$197K – – –
TC
25
TownSquare Capital
Utah
$183K +$192K +15,589 New
1
2

SPDN Hedge Fund Activity: Q2 2024 in Review

39 of the 6,924 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.