Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
10 hedge funds and large institutions have $15.5M invested in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF in 2019 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 6 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
55% more call options, than puts
Call options by funds: $30M | Put options by funds: $19.3M
0.03% more ownership
Funds ownership: 0.1% → 0.13% (+0.03%)
13% less capital invested
Capital invested by funds: $17.8M → $15.5M (-$2.27M)
17% less funds holding
Funds holding: 12 → 10 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.45M |
| 2 |
Jane Street
New York
|
+$973K |
| 3 |
LC
Lindbrook Capital
Calabasas,
California
|
+$317K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
+$302K |
| 5 |
HF
HRT Financial
New York
|
+$222K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$5.13M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2.19M |
| 3 |
IMC Chicago
Chicago,
Illinois
|
-$638K |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
-$340K |
| 5 |
TSS
Two Sigma Securities
New York
|
-$189K |
DRIP Hedge Fund Activity: Q2 2019 in Review
10 of the 4,604 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 2019, worth a combined $15.5M — down 13% from $17.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of DRIP and 4 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 4 added.
The largest buyer was Susquehanna International Group, adding an estimated $2.45M. The largest seller was Citadel Advisors, exiting entirely with an estimated $5.13M sold.
- 10 institutional investors held Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) as of Q2 2019, down from 12 in Q1 2019.
- Funds reported $15.5M of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF stock for Q2 2019, down 13% quarter-over-quarter.
- 4 funds opened new Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF positions in Q2 2019 and 6 closed out, a net change of -2 holders.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF buyer in Q2 2019 was Susquehanna International Group, an estimated $2.45M added.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF seller in Q2 2019 was Citadel Advisors, an estimated $5.13M sold.
Based on aggregated 13F filings for Q2 2019.