Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
13 hedge funds and large institutions have $51.8M invested in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF in 2019 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 4 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
234% more capital invested
Capital invested by funds: $15.5M → $51.8M (+$36.3M)
114% more call options, than puts
Call options by funds: $66.6M | Put options by funds: $31.1M
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
30% more funds holding
Funds holding: 10 → 13 (+3)
1.6% more ownership
Funds ownership: 0.13% → 1.74% (+1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$12.9M |
| 2 |
Citigroup
New York
|
+$8.39M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.05M |
| 4 |
HF
HRT Financial
New York
|
+$2.76M |
| 5 |
VF
Virtu Financial
New York
|
+$2.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$958K |
| 2 |
XS
XR Securities
Chicago,
Illinois
|
-$283K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$24K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$14K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$4K |
DRIP Hedge Fund Activity: Q3 2019 in Review
13 of the 4,574 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 2019, worth a combined $51.8M — up 234% from $15.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new DRIP positions and 4 closed out — a net gain of 3 holders — while 4 added to existing stakes and 1 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $12.9M. The largest seller was Jane Street, cutting an estimated $958K.
- 13 institutional investors held Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) as of Q3 2019, up from 10 in Q2 2019.
- Funds reported $51.8M of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF stock for Q3 2019, up 234% quarter-over-quarter.
- 7 funds opened new Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF positions in Q3 2019 and 4 closed out, a net change of +3 holders.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF buyer in Q3 2019 was Morgan Stanley, an estimated $12.9M added.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF seller in Q3 2019 was Jane Street, an estimated $958K sold.
Based on aggregated 13F filings for Q3 2019.