SPDN Hedge Fund Ownership (Q1 2026)

Q: Is it too late to buy Direxion Shares ETF Trust (SPDN) following the 2026 Q2 hedge fund 13F filings?

As of today, SPDN has moved +0.0% since the 2026 Q2 13F filing date (August 14, 2026), compared to +0.0% for the SPY sector ETF — an outperformance of +0.0%. Since the quarter end (June 30, 2026), SPDN gained -3.1% vs +4.0% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Direxion Shares ETF Trust (SPDN)

49 + Investors. Track Smart Money conviction in SPDN. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — SPDN

Based on 51 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q

For 2 consecutive quarters, more hedge funds added SPDN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

📊

High ownership — 82% of 3.0Y peak

82% of all-time peak

51 funds currently hold this stock — 82% of the 3.0-year high of 62 funds (reached 2025 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.

📉

Outflows — 18% fewer funds vs a year ago

fund count last 6Q

11 fewer hedge funds hold SPDN compared to a year ago (-18% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.

🟢

More buyers than sellers — 70% buying

39 buying17 selling

Last quarter: 39 funds were net buyers (10 opened a brand new position + 29 added to an existing one). Only 17 were sellers (10 trimmed + 7 sold completely). A clear majority buying is a strong confirmation signal.

➡️

Steady new buyers — ~10 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 9 → 5 → 15 → 10. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔒

49% of holders stayed for 2+ years

■ 49% conviction (2yr+) ■ 24% medium ■ 27% new

25 out of 51 hedge funds have held SPDN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

➡️

Steady discovery — ~10 new funds/quarter

29 → 9 → 5 → 15 → 10 new funds/Q

New funds entering each quarter: 9 → 5 → 15 → 10. Consistent flow of new institutional buyers without clear acceleration or slowdown.

🏛️

Veteran-anchored — 62% veterans vs 28% newcomers

■ 62% veterans ■ 9% 1-2yr ■ 28% new

Entry-cohort mix of 53 holders: 33 (62%) are 2+ year veterans, 5 entered 1–2 years ago, and 15 (28%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

✅

Strong quality — 22% AUM from major funds

22% from top-100 AUM funds

10 of 50 holders rank in the top 100 by AUM, accounting for 22% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

2.8

out of 10

Low Exit Risk

Exit risk score 2.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	49	48	2.08%
13F Shares	13M	11M	19.27%
Total Value	$126M	$101M	25.29%
New Positions	9	15	-6
Increased Positions	27	17	+10
Closed Positions	8	9	-1
Reduced Positions	10	12	-2
Total Calls	1	0	100%
Total Puts	2	2	-
PUT/CALL Ratio	2.0	0.0	Bearish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

2.08%

13F Shares

13M

11M

19.27%

Total Value

$126M

$101M

25.29%

New Positions

-6

Increased Positions

+10

Closed Positions

-1

Reduced Positions

-2

Total Calls

100%

Total Puts

PUT/CALL Ratio

2.0

0.0

Bearish

Institutional Holders (2026 Q2)

49 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in SPDN. Verified SEC 13F-HR filings.

QUARTER:

2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 SPDN holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Robinson Value Management, Ltd.	9.71%	2,090,279	$18.1M
2	One Plus One Wealth Management, LLC	6.69%	1,789,101	$15.5M
3	Wise Wealth Partners	4.41%	298,975	$2.6M
4	Leuthold Group, LLC	2.64%	3,035,510	$26.3M
5	Shepherd Kaplan Krochuk, LLC	1.33%	193,457	$1.7M
6	Cushing Capital Partners, LLC	1.07%	178,621	$1.5M
7	4wealth Advisors, INC.	0.54%	80,212	$701K
8	Fortis Advisors, LLC	0.42%	103,130	$894K
9	Allred Capital Management, LLC	0.39%	135,607	$1.2M
10	Maltin Wealth Management, Inc.	0.36%	124,831	$1.1M
11	Daytona Street Capital LLC	0.24%	38,800	$334K
12	Vima LLC	0.14%	16,890	$146K
13	Moulton Wealth Management, Inc	0.14%	25,014	$217K
14	Harmony Asset Management LLC	0.06%	26,489	$230K
15	Moors & Cabot, Inc.	0.05%	145,462	$1.3M
16	Axxcess Wealth Management, LLC	0.04%	304,253	$2.6M
17	Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors	0.04%	41,846	$363K
18	Two Sigma Securities, LLC	0.03%	37,060	$321K
19	Resonant Capital Advisors, LLC	0.02%	51,477	$446K
20	Lifeworks Advisors, LLC	0.02%	18,243	$158K
21	NewEdge Advisors, LLC	0.01%	569,021	$4.9M
22	Choreo, LLC	0.01%	153,674	$1.3M
23	Verus Capital Partners, LLC	0.01%	11,055	$130K
24	StoneX Group Inc.	0.01%	21,796	$189K
25	Aspiriant, LLC	0.01%	29,790	$258K

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Direxion Shares ETF Trust (SPDN)

What does the Smart Money Trend signal show for SPDN?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added SPDN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for SPDN?

More buyers than sellers — 70% buying: Last quarter: 39 funds were net buyers (10 opened a brand new position + 29 added to an existing one). Only 17 were sellers (10 trimmed + 7 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for SPDN holders?

Strong quality — 22% AUM from major funds: 10 of 50 holders rank in the top 100 by AUM, accounting for 22% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held SPDN?

49% of holders stayed for 2+ years: 25 out of 51 hedge funds have held SPDN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Direxion Shares ETF Trust (SPDN) following the 2026 Q2 hedge fund 13F filings?

As of today, SPDN has moved +0.0% since the 2026 Q2 13F filing date (August 14, 2026), compared to +0.0% for the SPY sector ETF — an outperformance of +0.0%. Since the quarter end (June 30, 2026), SPDN has gained -3.1% vs +4.0% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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Direxion Shares ETF Trust (SPDN)

Smart Money Signals — SPDN

Buying streak — 2 quarters in a row

High ownership — 82% of 3.0Y peak

Outflows — 18% fewer funds vs a year ago

More buyers than sellers — 70% buying

Steady new buyers — ~10 new funds per quarter

49% of holders stayed for 2+ years

Steady discovery — ~10 new funds/quarter

Veteran-anchored — 62% veterans vs 28% newcomers

Strong quality — 22% AUM from major funds

Institutional Sentiment Summary — SPDN

Hedge Fund Ownership: SPDN

Market Analysis: SPDN

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: SPDN

Is It Too Late to Buy Direxion Shares ETF Trust (SPDN) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: SPDN

Statistics: SPDN

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Direxion Shares ETF Trust (SPDN)

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