Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
11 hedge funds and large institutions have $4.65M invested in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF in 2017 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 4 closing their positions.
442% more call options, than puts
Call options by funds: $2.12M | Put options by funds: $392K
0% more ownership
Funds ownership: 0.04% → 0.04% (+0%)
8% less funds holding
Funds holding: 12 → 11 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
30% less capital invested
Capital invested by funds: $6.6M → $4.65M (-$1.95M)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Credit Agricole
Montrouge Cedex,
France
|
+$677K |
| 2 |
Jane Street
New York
|
+$211K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$57.5K |
| 4 |
CG
Cutler Group
San Francisco,
California
|
+$38.3K |
| 5 |
Morgan Stanley
New York
|
+$6.39K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2.68M |
| 2 |
VF
Virtu Financial
New York
|
-$648K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$573K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$294K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$198K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Credit Agricole
Montrouge Cedex,
France
| $1.57M | +$677K | +106 | New |
|
|
2
Jane Street
New York
| $980K | +$211K | +33 | +29% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $740K | -$294K | -46 | -29% |
|
4
SG Americas Securities
New York
| $690K | – | – | – |
|
5
Citadel Advisors
Miami,
Florida
| $246K | – | – | – |
|
|
MHS
6
M Holdings Securities
Portland,
Oregon
| $164K | -$6.39K | -1 | -4% |
|
7
Simplex Trading
Chicago,
Illinois
| $134K | -$25.5K | -4 | -17% |
|
|
8
UBS Group
Zurich,
Switzerland
| $61K | +$57.5K | +9 | New |
|
|
CG
9
Cutler Group
San Francisco,
California
| $46K | +$38.3K | +6 | +600% |
|
|
10
Morgan Stanley
New York
| $7K | +$6.39K | +1 | New |
|
11
Creative Planning
Overland Park,
Kansas
| $6K | – | – | – |
|
|
TRCT
12
Tower Research Capital (TRC)
New York
| – | -$2.68M | -493 | Closed |
|
|
VF
13
Virtu Financial
New York
| – | -$648K | -119 | Closed |
|
|
FTUS
14
Flow Traders U.S.
New York
| – | -$573K | -105 | Closed |
|
|
VKH
15
Virtu KCG Holdings
New York
| – | -$198K | -36 | Closed |
|
DRIP Hedge Fund Activity: Q1 2017 in Review
11 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) for Q1 2017, worth a combined $4.65M — down 30% from $6.6M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of DRIP and 3 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 2 added.
The largest buyer was Credit Agricole, opening a new position worth an estimated $677K. The largest seller was Tower Research Capital (TRC), exiting entirely with an estimated $2.68M sold.
- 11 institutional investors held Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) as of Q1 2017, down from 12 in Q4 2016.
- Funds reported $4.65M of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF stock for Q1 2017, down 30% quarter-over-quarter.
- 3 funds opened new Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF positions in Q1 2017 and 4 closed out, a net change of -1 holder.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF buyer in Q1 2017 was Credit Agricole, an estimated $677K added.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF seller in Q1 2017 was Tower Research Capital (TRC), an estimated $2.68M sold.
Based on aggregated 13F filings for Q1 2017.