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 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $25.2M | +$12.1M | +1,807 | +50% |
|
2
Citigroup
New York
| $5.57M | – | – | – |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $2.6M | -$5.74M | -854 | -60% |
|
|
4
Citadel Advisors
Miami,
Florida
| $1.41M | +$235K | +35 | +13% |
|
|
5
IMC Chicago
Chicago,
Illinois
| $1.2M | +$1.74M | +259 | New |
|
|
TRCT
6
Tower Research Capital (TRC)
New York
| $273K | +$302K | +45 | +321% |
|
|
VF
7
Virtu Financial
New York
| $259K | -$1.77M | -263 | -82% |
|
8
Simplex Trading
Chicago,
Illinois
| $244K | -$235K | -35 | -40% |
|
|
9
Jane Street
New York
| $237K | -$1.91M | -284 | -85% |
|
|
HF
10
HRT Financial
New York
| – | -$2.88M | -441 | Closed |
|
|
11
Goldman Sachs
New York
| – | -$1.33M | -204 | Closed |
|
|
CG
12
Cutler Group
San Francisco,
California
| – | -$87.4K | -13 | Closed |
|
|
USGIU
13
U.S. Global Investors (USGI)
San Antonio,
Texas
| – | -$24K | -4 | Closed |
|
DRIP Hedge Fund Activity: Q4 2019 in Review
10 of the 5,075 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.