Direxion Shares ETF Trust - Direxion Daily S&P 500 Bear 1X Shares (SPDN) Institutional Ownership

13F Institutional Holders and Ownership History from Q2 2017 to Q4 2025

Type / Class
Equity / Direxion Daily S&P 500 Bear 1X Shares
Symbol
SPDN
Shares outstanding
24,035,282
Price per share
$9.43
All holders as of 30 Sep 2025
Q3 2025
Total 13F shares
7,228,222
Total reported value
$69,462,703
% of total 13F portfolios
0%
Share change
+208,591
Value change
+$1,672,380
Number of holders
42
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of Direxion Shares ETF Trust - Direxion Daily S&P 500 Bear 1X Shares (SPDN) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
LEUTHOLD GROUP, LLC 10% -44% $23,766,086 -$541,766 2,475,634 -2.2% LEUTHOLD GROUP, LLC 01 Dec 2025

As of 30 Sep 2025, 42 institutional investors reported holding 7,228,222 shares of Direxion Shares ETF Trust - Direxion Daily S&P 500 Bear 1X Shares (SPDN). This represents 30% of the company’s total 24,035,282 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of Direxion Shares ETF Trust - Direxion Daily S&P 500 Bear 1X Shares (SPDN) together control 29% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
LEUTHOLD GROUP, LLC 7.2% 1,738,823 +0.42% 1.8% $16,710,089
CITADEL ADVISORS LLC 3.7% 898,838 +32% 0.01% $8,637,833
Arkadios Wealth Advisors 3.7% 894,034 +125% 0.21% $8,591,667
ONE PLUS ONE WEALTH MANAGEMENT, LLC 3.5% 831,459 -23% 3.9% $7,990,321
Jump Financial, LLC 1.6% 382,037 +14% 0.05% $3,671,376
ENVESTNET ASSET MANAGEMENT INC 1.2% 300,235 +74% 0% $2,885,261
Belpointe Asset Management LLC 1.2% 292,216 -0.67% 0.11% $2,808,199
SHEPHERD KAPLAN KROCHUK, LLC 1% 247,405 +11% 2% $2,377,562
AXXCESS WEALTH MANAGEMENT, LLC 0.81% 195,605 +87% 0.04% $1,879,764
JANE STREET GROUP, LLC 0.63% 152,519 -28% 0% $1,465,708
ORG Partners LLC 0.55% 131,250 +6132% 0.23% $1,261,202
HRT FINANCIAL LP 0.54% 129,356 -54% 0% $1,243,000
Fortis Advisors, LLC 0.42% 100,970 0.55% $970,321
Texas Yale Capital Corp. 0.42% 100,000 0.03% $961,000
CHOREO, LLC 0.42% 99,784 -0.95% 0.01% $958,924
Tidal Investments LLC 0.41% 98,205 0% $943,750
RENAISSANCE TECHNOLOGIES LLC 0.29% 70,700 0% $679,427
Maltin Wealth Management, Inc. 0.25% 60,707 +5.4% 0.24% $583,398
Mirae Asset Global Investments Co., Ltd. 0.21% 51,500 +94% 0% $494,915
Virtu Financial LLC 0.21% 50,834 -82% 0.03% $489,000
Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.16% 39,655 +45% 0.05% $381,081
Advisory Services Network, LLC 0.16% 39,495 +5.2% 0.01% $379,546
Quadrature Capital Ltd 0.15% 36,902 0% $354,813
XTX Topco Ltd 0.15% 36,010 +105% 0.02% $346,056
LPL Financial LLC 0.15% 35,596 +8.4% 0% $342,078

Institutional Holders of Direxion Shares ETF Trust - Direxion Daily S&P 500 Bear 1X Shares (SPDN) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 1,269,773 $11,973,085 +$2,023,571 $9.43 6
2025 Q3 7,228,222 $69,462,703 +$1,672,380 $9.61 42
2025 Q2 7,020,684 $72,326,441 -$42,128,263 $10.30 49
2025 Q1 10,721,778 $124,256,071 +$48,309,322 $11.59 61
2024 Q4 7,056,462 $77,779,417 -$17,100,369 $11.01 43
2024 Q3 7,390,036 $82,873,597 +$6,659,346 $11.20 36
2024 Q2 6,774,577 $79,782,671 +$3,414,367 $11.77 39
2024 Q1 6,470,256 $78,742,032 -$22,769,798 $12.17 39
2023 Q4 8,089,752 $107,514,629 -$2,780,278 $13.29 50
2023 Q3 8,135,494 $120,529,986 -$34,794,266 $14.84 47
2023 Q2 10,469,092 $149,403,613 -$115,069,538 $14.27 44
2023 Q1 16,890,318 $260,602,164 -$54,884,639 $15.49 41
2022 Q4 20,376,146 $333,946,973 +$95,029,656 $16.51 71
2022 Q3 13,518,450 $241,686,886 +$119,442,675 $17.88 66
2022 Q2 6,402,443 $109,091,000 -$1,220,493 $17.04 47
2022 Q1 6,858,924 $100,016,000 +$43,177,251 $14.55 47
2021 Q4 4,155,734 $58,390,000 +$6,320,934 $14.05 28
2021 Q3 3,694,829 $57,933,000 +$4,293,071 $15.68 25
2021 Q2 3,419,667 $54,096,000 +$8,474,150 $15.81 21
2021 Q1 2,875,199 $49,506,000 -$17,192,685 $17.21 24
2020 Q4 3,822,369 $70,406,000 +$8,120,656 $18.42 22
2020 Q3 2,032,551 $42,299,243 +$2,438,347 $20.81 22
2020 Q2 1,896,157 $43,325,000 +$31,784,189 $22.84 22
2020 Q1 494,166 $13,928,000 +$2,768,672 $28.18 16
2019 Q4 445,428 $10,883,000 +$10,143,652 $24.43 6
2019 Q3 29,603 $786,000 -$808,647 $26.67 5
2019 Q2 60,474 $1,633,000 +$584,762 $26.96 5
2019 Q1 37,825 $1,060,000 -$7,216,337 $28.03 4
2018 Q4 262,637 $8,362,979 +$3,351,126 $31.84 8
2018 Q3 157,419 $4,367,000 -$5,018,043 $27.74 4
2018 Q2 334,084 $9,920,000 -$10,455,865 $29.70 8
2018 Q1 675,194 $20,735,000 -$3,029,073 $30.71 8
2017 Q4 773,908 $23,689,000 +$1,732,949 $30.60 8
2017 Q3 717,294 $23,406,000 -$4,106,467 $32.64 7
2017 Q2 842,903 $28,625,000 +$28,625,000 $33.96 7