Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
14 hedge funds and large institutions have $7.32M invested in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF in 2018 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
249% more call options, than puts
Call options by funds: $4.87M | Put options by funds: $1.39M
27% more funds holding
Funds holding: 11 → 14 (+3)
0.07% less ownership
Funds ownership: 0.1% → 0.02% (-0.07%)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
56% less capital invested
Capital invested by funds: $16.5M → $7.32M (-$9.16M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.15M |
| 2 |
VF
Virtu Financial
New York
|
+$591K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$449K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$423K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$202K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$2.78M |
| 2 |
Jane Street
New York
|
-$548K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$202K |
| 4 |
CCMW
Cypress Capital Management (Wyoming)
Sheridan,
Wyoming
|
-$178K |
| 5 |
Morgan Stanley
New York
|
-$159K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $3.09M | -$159K | -48 | -4% |
|
|
2
SG Americas Securities
New York
| $1.33M | -$2.78M | -840 | -61% |
|
|
TRCT
3
Tower Research Capital (TRC)
New York
| $950K | +$1.15M | +348 | +892% |
|
|
4
Citadel Advisors
Miami,
Florida
| $587K | +$449K | +136 | +132% |
|
|
VF
5
Virtu Financial
New York
| $439K | +$591K | +179 | New |
|
|
6
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $313K | +$423K | +128 | New |
|
|
7
Simplex Trading
Chicago,
Illinois
| $177K | +$202K | +61 | +555% |
|
8
Wolverine Trading
Chicago,
Illinois
| $169K | – | – | – |
|
|
TSS
9
Two Sigma Securities
New York
| $78K | +$106K | +32 | New |
|
|
FTUS
10
Flow Traders U.S.
New York
| $76K | -$202K | -61 | -66% |
|
|
11
Jane Street
New York
| $63K | -$548K | -166 | -86% |
|
|
CCMW
12
Cypress Capital Management (Wyoming)
Sheridan,
Wyoming
| $29K | -$178K | -54 | -82% |
|
13
Royal Bank of Canada
Toronto,
Ontario, Canada
| $18K | +$23.1K | +7 | New |
|
14
UBS Group
Zurich,
Switzerland
| – | -$13K | -3 | Closed |
|
DRIP Hedge Fund Activity: Q2 2018 in Review
14 of the 4,368 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 2018, worth a combined $7.32M — down 56% from $16.5M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new DRIP positions and 1 closed out — a net gain of 3 holders — while 3 added to existing stakes and 5 trimmed.
The largest buyer was Tower Research Capital (TRC), adding an estimated $1.15M. The largest seller was SG Americas Securities, cutting an estimated $2.78M.
- 14 institutional investors held Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) as of Q2 2018, up from 11 in Q1 2018.
- Funds reported $7.32M of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF stock for Q2 2018, down 56% quarter-over-quarter.
- 4 funds opened new Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF positions in Q2 2018 and 1 closed out, a net change of +3 holders.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF buyer in Q2 2018 was Tower Research Capital (TRC), an estimated $1.15M added.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF seller in Q2 2018 was SG Americas Securities, an estimated $2.78M sold.
Based on aggregated 13F filings for Q2 2018.