Drxn Daily S&P500 Inverse ETF (SPDN): Hedge Fund Ownership & Smart Money Signals (Q4 2025)

Drxn Daily S&P500 Inverse ETF (SPDN)

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

Smart Money Signals — SPDN

Based on 45 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q

For 1 consecutive quarter, 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 — 76% of 3.0Y peak

76% of all-time peak

45 funds currently hold this stock — 76% of the 3.0-year high of 59 funds (reached 2025 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.

📶

Steady growth — +10% more funds vs a year ago

fund count last 6Q

+4 new funds entered over the past year (+10% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction. The peak was reached in just 2 quarters from the low — a sharp move.

🟢

More buyers than sellers — 60% buying

31 buying21 selling

Last quarter: 31 funds were net buyers (13 opened a brand new position + 18 added to an existing one). Only 21 were sellers (12 trimmed + 9 sold completely). A clear majority buying is a strong confirmation signal.

📈

More new buyers each quarter (+8 vs last Q)

new funds entering per quarter

Funds opening a new SPDN position: 27 → 9 → 5 → 13. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.

🔒

62% of holders stayed for 2+ years

■ 62% conviction (2yr+) ■ 24% medium ■ 13% new

28 out of 45 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.

⚠️

Saturation — most institutions already know this story

14 → 27 → 9 → 5 → 13 new funds/Q

New funds entering each quarter: 27 → 9 → 5 → 13. Far fewer institutions are entering now vs. a year ago. When the pool of potential new buyers shrinks this fast, future price support from institutional inflows weakens significantly.

🏛️

Deep conviction — 74% of holders stayed 2+ years

■ 74% veterans ■ 9% 1-2yr ■ 17% new

Of 46 current holders: 34 (74%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.

📋

Smaller funds dominant — 4% AUM from top-100

4% from top-100 AUM funds

6 of 45 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

2.1

out of 10

Low Exit Risk

Exit risk score 2.1/10 — 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 (2025 Q4)	Prior (2025 Q3)	Change
Funds Holding	46	43	6.98%
13F Shares	11M	7M	43.02%
Total Value	$99M	$71M	40.35%
New Positions	13	5	+8
Increased Positions	19	19	-
Closed Positions	9	12	-3
Reduced Positions	13	22	-9
Total Calls	0	0	-
Total Puts	2	2	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2025 Q4)

Prior (2025 Q3)

Change

Funds Holding

6.98%

13F Shares

11M

43.02%

Total Value

$99M

$71M

40.35%

New Positions

Increased Positions

Closed Positions

-3

Reduced Positions

-9

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q1)

46 + investors

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

FILTER:All New Added To Reduced No Change | Overweight >5% | SHOW: Active managers + show index funds

Top 12 institutional holders of SPDN — 2025 Q4 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	ONE PLUS ONE WEALTH MANAGEMENT, LLC	5.89%	1,403,480	$14.0M
2	Cushing Capital Partners, LLC	1.17%	152,745	$1.5M
3	4WEALTH ADVISORS, INC.	0.71%	80,746	$826K
4	Maltin Wealth Management, Inc.	0.47%	124,238	$1.2M
5	Ascentis Independent Advisors	0.17%	223,814	$2.2M
6	A. D. Beadell Investment Counsel, Inc.	0.13%	20,000	—
7	AXXCESS WEALTH MANAGEMENT, LLC	0.07%	219,645	$2.2M
8	Resonant Capital Advisors, LLC	0.03%	51,477	$512K
9	Belpointe Asset Management LLC	0.01%	20,110	$200K
10	Cornerstone Wealth Management, LLC	0.01%	11,000	$109K
11	SBI Securities Co., Ltd.	0.00%	3,490	$35K
12	Spire Wealth Management	0.00%	969	$10K

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 — Drxn Daily S&P500 Inverse ETF (SPDN)

What does the Smart Money Trend signal show for SPDN?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, 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 — 60% buying: Last quarter: 31 funds were net buyers (13 opened a brand new position + 18 added to an existing one). Only 21 were sellers (12 trimmed + 9 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for SPDN holders?

Smaller funds dominant — 4% AUM from top-100: 6 of 45 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held SPDN?

62% of holders stayed for 2+ years: 28 out of 45 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.

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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Drxn Daily S&P500 Inverse ETF (SPDN)

Smart Money Signals — SPDN

Buying streak — 1 quarter in a row

High ownership — 76% of 3.0Y peak

Steady growth — +10% more funds vs a year ago

More buyers than sellers — 60% buying

More new buyers each quarter (+8 vs last Q)

62% of holders stayed for 2+ years

Saturation — most institutions already know this story

Deep conviction — 74% of holders stayed 2+ years

Smaller funds dominant — 4% AUM from top-100

Hedge Fund Ownership: SPDN

Market Analysis: SPDN

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: SPDN

Hedge Fund Positioning: SPDN

Statistics: SPDN

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Drxn Daily S&P500 Inverse ETF (SPDN)

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