Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
8 hedge funds and large institutions have $9.65M invested in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 4 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
56% more capital invested
Capital invested by funds: $6.2M → $9.65M (+$3.45M)
3% more call options, than puts
Call options by funds: $3.55M | Put options by funds: $3.46M
0% more funds holding
Funds holding: 8 → 8 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
0.03% less ownership
Funds ownership: 0.1% → 0.07% (-0.03%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.92M |
| 2 |
SG Americas Securities
New York
|
+$1.16M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$433K |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
+$395K |
| 5 |
VF
Virtu Financial
New York
|
+$385K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$693K |
| 2 |
Jane Street
New York
|
-$664K |
| 3 |
MHS
M Holdings Securities
Portland,
Oregon
|
-$229K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$164K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$67K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $4.35M | +$5.92M | +615 | New |
|
|
2
SG Americas Securities
New York
| $2.98M | +$1.16M | +120 | +40% |
|
|
3
Citadel Advisors
Miami,
Florida
| $760K | +$433K | +45 | +71% |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $674K | -$164K | -17 | -15% |
|
|
5
Wolverine Trading
Chicago,
Illinois
| $288K | +$395K | +41 | New |
|
|
VF
6
Virtu Financial
New York
| $286K | +$385K | +40 | New |
|
|
G
7
Gainplan
Bloomfield Hills,
Michigan
| $254K | +$347K | +36 | New |
|
|
CG
8
Cutler Group
San Francisco,
California
| $54K | +$48.1K | +5 | +167% |
|
|
TRCT
9
Tower Research Capital (TRC)
New York
| – | -$693K | -72 | Closed |
|
|
10
Jane Street
New York
| – | -$664K | -69 | Closed |
|
|
MHS
11
M Holdings Securities
Portland,
Oregon
| – | -$229K | -24 | Closed |
|
|
12
UBS Group
Zurich,
Switzerland
| – | -$67K | -7 | Closed |
|
13
Creative Planning
Overland Park,
Kansas
| – | -$5K | – | – |
|
DRIP Hedge Fund Activity: Q3 2017 in Review
8 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) for Q3 2017, worth a combined $9.65M — up 56% from $6.2M a quarter earlier.
Fund positioning in DRIP was balanced in Q3 2017: 4 funds opened new positions, 4 closed out, 3 added to existing stakes and 1 trimmed.
The largest buyer was Morgan Stanley, opening a new position worth an estimated $5.92M. The largest seller was Tower Research Capital (TRC), exiting entirely with an estimated $693K sold.
- 8 institutional investors held Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $9.65M of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF stock for Q3 2017, up 56% quarter-over-quarter.
- 4 funds opened new Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF positions in Q3 2017 and 4 closed out, a net change of 0 holders.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF buyer in Q3 2017 was Morgan Stanley, an estimated $5.92M added.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF seller in Q3 2017 was Tower Research Capital (TRC), an estimated $693K sold.
Based on aggregated 13F filings for Q3 2017.