Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
9 hedge funds and large institutions have $29.4M invested in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF in 2018 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 8 closing their positions.
239% more capital invested
Capital invested by funds: $8.7M → $29.4M (+$20.8M)
181% more call options, than puts
Call options by funds: $13.7M | Put options by funds: $4.87M
0.14% more ownership
Funds ownership: 0.03% → 0.17% (+0.14%)
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
25% less funds holding
Funds holding: 12 → 9 (-3)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$878K |
| 2 |
VF
Virtu Financial
New York
|
+$542K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$489K |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
+$315K |
| 5 |
FANJ
Financial Architects (New Jersey)
Marlton,
New Jersey
|
+$78.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$411K |
| 2 |
Jane Street
New York
|
-$411K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$402K |
| 4 |
CCMW
Cypress Capital Management (Wyoming)
Sheridan,
Wyoming
|
-$56K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$54K |
DRIP Hedge Fund Activity: Q4 2018 in Review
9 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) for Q4 2018, worth a combined $29.4M — up 239% from $8.7M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of DRIP and 5 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 2 added.
The largest buyer was Tower Research Capital (TRC), adding an estimated $878K. The largest seller was SG Americas Securities, exiting entirely with an estimated $411K sold.
- 9 institutional investors held Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) as of Q4 2018, down from 12 in Q3 2018.
- Funds reported $29.4M of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF stock for Q4 2018, up 239% quarter-over-quarter.
- 5 funds opened new Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF positions in Q4 2018 and 8 closed out, a net change of -3 holders.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF buyer in Q4 2018 was Tower Research Capital (TRC), an estimated $878K added.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF seller in Q4 2018 was SG Americas Securities, an estimated $411K sold.
Based on aggregated 13F filings for Q4 2018.