Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
10 hedge funds and large institutions have $37M invested in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF in 2019 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 4 closing their positions.
66% more call options, than puts
Call options by funds: $39.6M | Put options by funds: $23.8M
0.94% less ownership
Funds ownership: 1.74% → 0.8% (-0.94%)
23% less funds holding
Funds holding: 13 → 10 (-3)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
29% less capital invested
Capital invested by funds: $51.8M → $37M (-$14.8M)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$12.1M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
+$1.74M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$302K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$235K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.74M |
| 2 |
HF
HRT Financial
New York
|
-$2.88M |
| 3 |
Jane Street
New York
|
-$1.91M |
| 4 |
VF
Virtu Financial
New York
|
-$1.77M |
| 5 |
Goldman Sachs
New York
|
-$1.33M |
DRIP Hedge Fund Activity: Q4 2019 in Review
10 of the 5,092 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 2019, worth a combined $37M — down 29% from $51.8M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of DRIP and 1 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 3 added.
The largest buyer was Morgan Stanley, adding an estimated $12.1M. The largest seller was Susquehanna International Group, cutting an estimated $5.74M.
- 10 institutional investors held Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) as of Q4 2019, down from 13 in Q3 2019.
- Funds reported $37M of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF stock for Q4 2019, down 29% quarter-over-quarter.
- 1 fund opened new Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF positions in Q4 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 Q4 2019 was Morgan Stanley, an estimated $12.1M added.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF seller in Q4 2019 was Susquehanna International Group, an estimated $5.74M sold.
Based on aggregated 13F filings for Q4 2019.