Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
12 hedge funds and large institutions have $8.7M invested in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 5 closing their positions.
1,047% more call options, than puts
Call options by funds: $4.74M | Put options by funds: $413K
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
19% more capital invested
Capital invested by funds: $7.32M → $8.7M (+$1.38M)
0.01% more ownership
Funds ownership: 0.02% → 0.03% (+0.01%)
14% less funds holding
Funds holding: 14 → 12 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.95M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.25M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$549K |
| 4 |
Jane Street
New York
|
+$175K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$61.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$924K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$917K |
| 3 |
VF
Virtu Financial
New York
|
-$439K |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
-$169K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$146K |
DRIP Hedge Fund Activity: Q3 2018 in Review
12 of the 4,374 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 2018, worth a combined $8.7M — up 19% from $7.32M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of DRIP and 3 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 5 added.
The largest buyer was Morgan Stanley, adding an estimated $2.95M. The largest seller was SG Americas Securities, cutting an estimated $924K.
- 12 institutional investors held Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) as of Q3 2018, down from 14 in Q2 2018.
- Funds reported $8.7M of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF stock for Q3 2018, up 19% quarter-over-quarter.
- 3 funds opened new Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF positions in Q3 2018 and 5 closed out, a net change of -2 holders.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF buyer in Q3 2018 was Morgan Stanley, an estimated $2.95M added.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF seller in Q3 2018 was SG Americas Securities, an estimated $924K sold.
Based on aggregated 13F filings for Q3 2018.