Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
19 hedge funds and large institutions have $12.7M invested in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF in 2021 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 1 reducing their positions, and 3 closing their positions.
1,000% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 1
316% more call options, than puts
Call options by funds: $815K | Put options by funds: $196K
201% more capital invested
Capital invested by funds: $4.22M → $12.7M (+$8.51M)
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
19% more funds holding
Funds holding: 16 → 19 (+3)
0.07% more ownership
Funds ownership: 0.07% → 0.14% (+0.07%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$4.37M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$4.27M |
| 3 |
VF
Virtu Financial
New York
|
+$2.88M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$772K |
| 5 |
Optiver Holding
Amsterdam,
Netherlands
|
+$466K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HT
HAP Trading
New York
|
-$447K |
| 2 |
Renaissance Technologies
New York
|
-$322K |
| 3 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
-$103K |
| 4 |
Jane Street
New York
|
-$51.8K |
DRIP Hedge Fund Activity: Q3 2021 in Review
19 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) for Q3 2021, worth a combined $12.7M — up 201% from $4.22M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new DRIP positions and 3 closed out — a net gain of 3 holders — while 11 added to existing stakes and 1 trimmed.
The largest buyer was Tower Research Capital (TRC), adding an estimated $4.37M. The largest seller was HAP Trading, exiting entirely with an estimated $447K sold.
- 19 institutional investors held Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) as of Q3 2021, up from 16 in Q2 2021.
- Funds reported $12.7M of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF stock for Q3 2021, up 201% quarter-over-quarter.
- 6 funds opened new Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF positions in Q3 2021 and 3 closed out, a net change of +3 holders.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF buyer in Q3 2021 was Tower Research Capital (TRC), an estimated $4.37M added.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF seller in Q3 2021 was HAP Trading, an estimated $447K sold.
Based on aggregated 13F filings for Q3 2021.