Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
10 hedge funds and large institutions have $23.6M invested in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 3 closing their positions.
43% more call options, than puts
Call options by funds: $113M | Put options by funds: $78.9M
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
0% more funds holding
Funds holding: 10 → 10 (0)
0.65% less ownership
Funds ownership: 0.8% → 0.15% (-0.65%)
36% less capital invested
Capital invested by funds: $37M → $23.6M (-$13.4M)
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Simplex Trading
Chicago,
Illinois
|
+$5.88M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
+$1.92M |
| 3 |
HF
HRT Financial
New York
|
+$968K |
| 4 |
CG
Cutler Group
San Francisco,
California
|
+$462K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$14.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$78.7M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$7.12M |
| 3 |
Citigroup
New York
|
-$5.57M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.99M |
| 5 |
IMC Chicago
Chicago,
Illinois
|
-$1.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Simplex Trading
Chicago,
Illinois
| $10.4M | +$5.88M | +395 | +745% |
|
|
2
Morgan Stanley
New York
| $3.2M | -$78.7M | -5,285 | -97% |
|
|
3
Wolverine Trading
Chicago,
Illinois
| $3.12M | +$1.92M | +129 | New |
|
|
4
Citadel Advisors
Miami,
Florida
| $2.41M | -$2.99M | -201 | -66% |
|
|
5
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.88M | -$7.12M | -478 | -86% |
|
|
HF
6
HRT Financial
New York
| $1.51M | +$968K | +65 | New |
|
|
CG
7
Cutler Group
San Francisco,
California
| $726K | +$462K | +31 | New |
|
8
Jane Street
New York
| $279K | -$581K | -39 | -76% |
|
|
9
UBS Group
Zurich,
Switzerland
| $30K | +$14.9K | +1 | New |
|
|
TRCT
10
Tower Research Capital (TRC)
New York
| $5K | -$878K | -59 | Closed |
|
|
TCM
11
Tradewinds Capital Management
Bellingham,
Washington
| $2K | – | – | – |
|
|
12
Citigroup
New York
| – | -$5.57M | -1,200 | Closed |
|
|
13
IMC Chicago
Chicago,
Illinois
| – | -$1.2M | -259 | Closed |
|
|
LC
14
Lindbrook Capital
Calabasas,
California
| – | -$1.15M | -77 | -92% |
|
DRIP Hedge Fund Activity: Q1 2020 in Review
10 of the 4,538 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 2020, worth a combined $23.6M — down 36% from $37M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new DRIP positions and 3 closed out — a net gain of 1 holder — while 1 added to existing stakes and 5 trimmed.
The largest buyer was Simplex Trading, adding an estimated $5.88M. The largest seller was Morgan Stanley, cutting an estimated $78.7M.
- 10 institutional investors held Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) as of Q1 2020, unchanged from Q4 2019.
- Funds reported $23.6M of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF stock for Q1 2020, down 36% quarter-over-quarter.
- 4 funds opened new Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF positions in Q1 2020 and 3 closed out, a net change of +1 holder.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF buyer in Q1 2020 was Simplex Trading, an estimated $5.88M added.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF seller in Q1 2020 was Morgan Stanley, an estimated $78.7M sold.
Based on aggregated 13F filings for Q1 2020.