Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
26 hedge funds and large institutions have $22.1M invested in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF in 2022 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 4 closing their positions.
552% more call options, than puts
Call options by funds: $11.1M | Put options by funds: $1.71M
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
13% more funds holding
Funds holding: 23 → 26 (+3)
1.02% less ownership
Funds ownership: 3.05% → 2.03% (-1%)
54% less capital invested
Capital invested by funds: $48.2M → $22.1M (-$26M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$2.94M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$775K |
| 3 |
CF
Cantor Fitzgerald
New York
|
+$669K |
| 4 |
SG Americas Securities
New York
|
+$585K |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
+$538K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$10.9M |
| 2 |
GCM
Gunderson Capital Management
Mt. Pleasant,
South Carolina
|
-$9.24M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.26M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$1.25M |
| 5 |
TF
Trek Financial
Scottsdale,
Arizona
|
-$1.15M |
DRIP Hedge Fund Activity: Q3 2022 in Review
26 of the 5,805 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 2022, worth a combined $22.1M — down 54% from $48.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new DRIP positions and 4 closed out — a net gain of 3 holders — while 8 added to existing stakes and 5 trimmed.
The largest buyer was HRT Financial, opening a new position worth an estimated $2.94M. The largest seller was Jane Street, cutting an estimated $10.9M.
- 26 institutional investors held Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) as of Q3 2022, up from 23 in Q2 2022.
- Funds reported $22.1M of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF stock for Q3 2022, down 54% quarter-over-quarter.
- 7 funds opened new Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF positions in Q3 2022 and 4 closed out, a net change of +3 holders.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF buyer in Q3 2022 was HRT Financial, an estimated $2.94M added.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF seller in Q3 2022 was Jane Street, an estimated $10.9M sold.
Based on aggregated 13F filings for Q3 2022.