Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
12 hedge funds and large institutions have $17.8M invested in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF in 2019 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
101% more call options, than puts
Call options by funds: $6.54M | Put options by funds: $3.26M
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
33% more funds holding
Funds holding: 9 → 12 (+3)
0.07% less ownership
Funds ownership: 0.17% → 0.1% (-0.07%)
40% less capital invested
Capital invested by funds: $29.4M → $17.8M (-$11.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$2.02M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.45M |
| 3 |
Jane Street
New York
|
+$1.24M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
+$346K |
| 5 |
TSS
Two Sigma Securities
New York
|
+$220K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.79M |
| 2 |
VF
Virtu Financial
New York
|
-$906K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$360K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $7.3M | -$2.79M | -597 | -25% |
|
|
2
Citadel Advisors
Miami,
Florida
| $5.13M | +$2.02M | +433 | +52% |
|
|
TRCT
3
Tower Research Capital (TRC)
New York
| $2.19M | +$1.45M | +311 | +135% |
|
|
4
Jane Street
New York
| $1.08M | +$1.24M | +266 | New |
|
|
5
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $700K | -$360K | -77 | -31% |
|
|
6
IMC Chicago
Chicago,
Illinois
| $638K | +$346K | +74 | +88% |
|
7
Wolverine Trading
Chicago,
Illinois
| $293K | – | – | – |
|
|
TSS
8
Two Sigma Securities
New York
| $189K | +$220K | +47 | New |
|
|
XS
9
XR Securities
Chicago,
Illinois
| $170K | +$196K | +42 | New |
|
|
FANJ
10
Financial Architects (New Jersey)
Marlton,
New Jersey
| $73K | – | – | – |
|
11
UBS Group
Zurich,
Switzerland
| $29K | +$32.7K | +7 | New |
|
|
CG
12
Cutler Group
San Francisco,
California
| $1K | – | – | – |
|
13
Fidelity International
Hamilton,
Bermuda
| $1K | – | – | – |
|
|
VF
14
Virtu Financial
New York
| – | -$906K | -124 | Closed |
|
DRIP Hedge Fund Activity: Q1 2019 in Review
12 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) for Q1 2019, worth a combined $17.8M — down 40% from $29.4M 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 2 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $2.02M. The largest seller was Morgan Stanley, cutting an estimated $2.79M.
- 12 institutional investors held Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) as of Q1 2019, up from 9 in Q4 2018.
- Funds reported $17.8M of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF stock for Q1 2019, down 40% quarter-over-quarter.
- 4 funds opened new Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF positions in Q1 2019 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 Q1 2019 was Citadel Advisors, an estimated $2.02M added.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF seller in Q1 2019 was Morgan Stanley, an estimated $2.79M sold.
Based on aggregated 13F filings for Q1 2019.