Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
16 hedge funds and large institutions have $4.22M invested in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF in 2021 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 5 closing their positions.
904% more call options, than puts
Call options by funds: $1.08M | Put options by funds: $108K
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
14% more funds holding
Funds holding: 14 → 16 (+2)
0.05% less ownership
Funds ownership: 0.13% → 0.07% (-0.05%)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
44% less capital invested
Capital invested by funds: $7.52M → $4.22M (-$3.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$722K |
| 2 |
HT
HAP Trading
New York
|
+$604K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$455K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$425K |
| 5 |
TSS
Two Sigma Securities
New York
|
+$394K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$2.21M |
| 2 |
VF
Virtu Financial
New York
|
-$577K |
| 3 |
Jane Street
New York
|
-$384K |
| 4 |
HF
HRT Financial
New York
|
-$169K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$145K |
DRIP Hedge Fund Activity: Q2 2021 in Review
16 of the 5,745 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 2021, worth a combined $4.22M — down 44% from $7.52M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new DRIP positions and 5 closed out — a net gain of 2 holders — while 3 added to existing stakes and 5 trimmed.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $722K. The largest seller was Citadel Advisors, cutting an estimated $2.21M.
- 16 institutional investors held Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) as of Q2 2021, up from 14 in Q1 2021.
- Funds reported $4.22M of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF stock for Q2 2021, down 44% quarter-over-quarter.
- 7 funds opened new Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF positions in Q2 2021 and 5 closed out, a net change of +2 holders.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF buyer in Q2 2021 was Flow Traders U.S., an estimated $722K added.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF seller in Q2 2021 was Citadel Advisors, an estimated $2.21M sold.
Based on aggregated 13F filings for Q2 2021.