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
36% more capital inflows, than outflows
Capital inflows: $5.51M | Capital outflows: $4.05M
33% more funds holding
Funds holding: 9 → 12 (+3)
1.37% more ownership
Funds ownership: 14.39% → 15.75% (+1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$2.02M |
| 2 |
Tower Research Capital (TRC)
New York
|
+$1.45M |
| 3 |
Jane Street
New York
|
+$1.24M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
+$346K |
| 5 |
Two Sigma Securities
New York
|
+$220K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.79M |
| 2 |
Virtu Financial
New York
|
-$906K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$360K |
DRIP Hedge Fund Activity: Q1 2019 in Review
12 of the 4,634 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.