Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
23 hedge funds and large institutions have $48.2M invested in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF in 2022 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 6 closing their positions.
649% more call options, than puts
Call options by funds: $15.4M | Put options by funds: $2.06M
510% more capital invested
Capital invested by funds: $7.9M → $48.2M (+$40.3M)
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
10% more funds holding
Funds holding: 21 → 23 (+2)
2.28% more ownership
Funds ownership: 0.77% → 3.05% (+2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TF
Trek Financial
Scottsdale,
Arizona
|
+$12.2M |
| 2 |
Jane Street
New York
|
+$11.7M |
| 3 |
SAM
Soviero Asset Management
New York
|
+$2.28M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.52M |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$1.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$2.21M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$2.15M |
| 3 |
Squarepoint
New York
|
-$232K |
| 4 |
TSS
Two Sigma Securities
New York
|
-$159K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$103K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Koshinski Asset Management
Decatur,
Illinois
| – | -$5.11K | -21 | Closed |
|
|
WWMSC
27
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
| – | +$207 | +1 | New |
|
DRIP Hedge Fund Activity: Q2 2022 in Review
23 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) for Q2 2022, worth a combined $48.2M — up 510% from $7.9M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new DRIP positions and 6 closed out — a net gain of 3 holders — while 6 added to existing stakes and 4 trimmed.
The largest buyer was Trek Financial, opening a new position worth an estimated $12.2M. The largest seller was HRT Financial, exiting entirely with an estimated $2.21M sold.
- 23 institutional investors held Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) as of Q2 2022, up from 21 in Q1 2022.
- Funds reported $48.2M of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF stock for Q2 2022, up 510% quarter-over-quarter.
- 9 funds opened new Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF positions in Q2 2022 and 6 closed out, a net change of +3 holders.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF buyer in Q2 2022 was Trek Financial, an estimated $12.2M added.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF seller in Q2 2022 was HRT Financial, an estimated $2.21M sold.
Based on aggregated 13F filings for Q2 2022.