Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
12 hedge funds and large institutions have $8.68M invested in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
94% more call options, than puts
Call options by funds: $20.8M | Put options by funds: $10.7M
20% more funds holding
Funds holding: 10 → 12 (+2)
0.14% less ownership
Funds ownership: 0.15% → 0.02% (-0.14%)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
63% less capital invested
Capital invested by funds: $23.6M → $8.68M (-$14.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$4.41M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$807K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$594K |
| 4 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$450K |
| 5 |
XS
XR Securities
Chicago,
Illinois
|
+$391K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
-$1.1M |
| 2 |
Simplex Trading
Chicago,
Illinois
|
-$645K |
| 3 |
CG
Cutler Group
San Francisco,
California
|
-$212K |
| 4 |
HF
HRT Financial
New York
|
-$170K |
| 5 |
Morgan Stanley
New York
|
-$170K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
1
Tower Research Capital (TRC)
New York
| $2.8M | +$4.41M | +519 | New |
|
|
2
Simplex Trading
Chicago,
Illinois
| $2M | -$645K | -76 | -17% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $951K | +$807K | +95 | +117% |
|
|
4
Citadel Advisors
Miami,
Florida
| $939K | +$594K | +70 | +67% |
|
|
5
Morgan Stanley
New York
| $636K | -$170K | -20 | -14% |
|
6
Jane Street
New York
| $297K | +$365K | +43 | +358% |
|
|
USGIU
7
U.S. Global Investors (USGI)
San Antonio,
Texas
| $283K | +$450K | +53 | New |
|
|
XS
8
XR Securities
Chicago,
Illinois
| $249K | +$391K | +46 | New |
|
|
BJL
9
Brighton Jones LLC
Seattle,
Washington
| $243K | +$382K | +45 | New |
|
|
HF
10
HRT Financial
New York
| $242K | -$170K | -20 | -31% |
|
|
CG
11
Cutler Group
San Francisco,
California
| $33K | -$212K | -25 | -81% |
|
|
S
12
SignatureFD
Atlanta,
Georgia
| $2K | – | – | – |
|
|
13
Wolverine Trading
Chicago,
Illinois
| – | -$1.1M | -129 | Closed |
|
14
UBS Group
Zurich,
Switzerland
| – | -$30K | -1 | Closed |
|
|
TCM
15
Tradewinds Capital Management
Bellingham,
Washington
| – | -$2K | – | – |
|
DRIP Hedge Fund Activity: Q2 2020 in Review
12 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) for Q2 2020, worth a combined $8.68M — down 63% from $23.6M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new DRIP positions and 2 closed out — a net gain of 2 holders — while 3 added to existing stakes and 4 trimmed.
The largest buyer was Tower Research Capital (TRC), opening a new position worth an estimated $4.41M. The largest seller was Wolverine Trading, exiting entirely with an estimated $1.1M sold.
- 12 institutional investors held Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) as of Q2 2020, up from 10 in Q1 2020.
- Funds reported $8.68M of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF stock for Q2 2020, down 63% quarter-over-quarter.
- 4 funds opened new Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF positions in Q2 2020 and 2 closed out, a net change of +2 holders.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF buyer in Q2 2020 was Tower Research Capital (TRC), an estimated $4.41M added.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF seller in Q2 2020 was Wolverine Trading, an estimated $1.1M sold.
Based on aggregated 13F filings for Q2 2020.