Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
8 hedge funds and large institutions have $9.6M 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.
377% more capital inflows, than outflows
Capital inflows: $8.68M | Capital outflows: $1.82M
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
8.4% more ownership
Funds ownership: 7.71% → 16.11% (+8.4%)
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
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 |
Virtu Financial
New York
|
+$385K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tower Research Capital (TRC)
New York
|
-$693K |
| 2 |
Jane Street
New York
|
-$664K |
| 3 |
M Holdings Securities
Portland,
Oregon
|
-$229K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$164K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$67K |
DRIP Hedge Fund Activity: Q3 2017 in Review
8 of the 4,023 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 $9.6M — 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 $9.6M 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.