Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
18 hedge funds and large institutions have $15.5M invested in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF in 2022 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 11 closing their positions.
537% more call options, than puts
Call options by funds: $7.25M | Put options by funds: $1.14M
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
0.34% less ownership
Funds ownership: 2.03% → 1.69% (-0.34%)
30% less capital invested
Capital invested by funds: $22.1M → $15.5M (-$6.66M)
31% less funds holding
Funds holding: 26 → 18 (-8)
73% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$3.64M |
| 2 |
PAG
Private Advisory Group
Redmond,
Washington
|
+$912K |
| 3 |
Jane Street
New York
|
+$550K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$239K |
| 5 |
VF
Virtu Financial
New York
|
+$173K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$2.93M |
| 2 |
SAM
Soviero Asset Management
New York
|
-$2.72M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$839K |
| 4 |
CF
Cantor Fitzgerald
New York
|
-$666K |
| 5 |
SG Americas Securities
New York
|
-$582K |
DRIP Hedge Fund Activity: Q4 2022 in Review
18 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) for Q4 2022, worth a combined $15.5M — down 30% from $22.1M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of DRIP and 3 opened new positions — a net loss of 8 holders — while 5 trimmed existing stakes and 6 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $3.64M. The largest seller was HRT Financial, exiting entirely with an estimated $2.93M sold.
- 18 institutional investors held Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) as of Q4 2022, down from 26 in Q3 2022.
- Funds reported $15.5M of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF stock for Q4 2022, down 30% quarter-over-quarter.
- 3 funds opened new Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF positions in Q4 2022 and 11 closed out, a net change of -8 holders.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF buyer in Q4 2022 was Citadel Advisors, an estimated $3.64M added.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF seller in Q4 2022 was HRT Financial, an estimated $2.93M sold.
Based on aggregated 13F filings for Q4 2022.