Direxion Daily S&P 500 Bear 1X ETF
SPDN
36 hedge funds and large institutions have $82.9M invested in Direxion Daily S&P 500 Bear 1X ETF in 2024 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 15 reducing their positions, and 10 closing their positions.
2.04% more ownership
Funds ownership: 50.56% → 52.6% (+2%)
4% more capital invested
Capital invested by funds: $79.8M → $82.9M (+$3.09M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
8% less funds holding
Funds holding: 39 → 36 (-3)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
47% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 15
86% less call options, than puts
Call options by funds: $26K | Put options by funds: $183K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$12.5M |
| 2 |
TCWM
Total Clarity Wealth Management
St. Charles,
Illinois
|
+$1.6M |
| 3 |
HF
HRT Financial
New York
|
+$766K |
| 4 |
OPOWM
One Plus One Wealth Management
Jupiter,
Florida
|
+$460K |
| 5 |
TSS
Two Sigma Securities
New York
|
+$412K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LG
Leuthold Group
Minneapolis,
Minnesota
|
-$2.67M |
| 2 |
BW
Bison Wealth
Atlanta,
Georgia
|
-$1.31M |
| 3 |
VF
Virtu Financial
New York
|
-$1.3M |
| 4 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$817K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$731K |
SPDN Hedge Fund Activity: Q3 2024 in Review
36 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 1X ETF (SPDN) for Q3 2024, worth a combined $82.9M — up 3.9% from $79.8M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of SPDN and 7 opened new positions — a net loss of 3 holders — while 15 trimmed existing stakes and 8 added.
The largest buyer was Citadel Advisors, adding an estimated $12.5M. The largest seller was Leuthold Group, cutting an estimated $2.67M.
- 36 institutional investors held Direxion Daily S&P 500 Bear 1X ETF (SPDN) as of Q3 2024, down from 39 in Q2 2024.
- Funds reported $82.9M of Direxion Daily S&P 500 Bear 1X ETF stock for Q3 2024, up 3.9% quarter-over-quarter.
- 7 funds opened new Direxion Daily S&P 500 Bear 1X ETF positions in Q3 2024 and 10 closed out, a net change of -3 holders.
- The largest Direxion Daily S&P 500 Bear 1X ETF buyer in Q3 2024 was Citadel Advisors, an estimated $12.5M added.
- The largest Direxion Daily S&P 500 Bear 1X ETF seller in Q3 2024 was Leuthold Group, an estimated $2.67M sold.
Based on aggregated 13F filings for Q3 2024.