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 |
DRIP Hedge Fund Activity: Q1 2020 in Review
10 of the 4,547 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.