Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
16 hedge funds and large institutions have $4.98M invested in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF in 2023 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 3
76% more capital invested
Capital invested by funds: $2.83M → $4.98M (+$2.16M)
65% more call options, than puts
Call options by funds: $2.91M | Put options by funds: $1.76M
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
7% more funds holding
Funds holding: 15 → 16 (+1)
0.43% more ownership
Funds ownership: 0.47% → 0.9% (+0.43%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$2.68M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$553K |
| 3 |
WWC
Waypoint Wealth Counsel
Atlanta,
Georgia
|
+$223K |
| 4 |
TSS
Two Sigma Securities
New York
|
+$192K |
| 5 |
Morgan Stanley
New York
|
+$97.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$379K |
| 2 |
Jane Street
New York
|
-$372K |
| 3 |
DWM
Drive Wealth Management
Lehi,
Utah
|
-$248K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$108K |
| 5 |
VF
Virtu Financial
New York
|
-$85.6K |
DRIP Hedge Fund Activity: Q2 2023 in Review
16 of the 6,383 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 2023, worth a combined $4.98M — up 76% from $2.83M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new DRIP positions and 3 closed out — a net gain of 1 holder — while 6 added to existing stakes and 3 trimmed.
The largest buyer was HRT Financial, opening a new position worth an estimated $2.68M. The largest seller was Citadel Advisors, exiting entirely with an estimated $379K sold.
- 16 institutional investors held Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) as of Q2 2023, up from 15 in Q1 2023.
- Funds reported $4.98M of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF stock for Q2 2023, up 76% quarter-over-quarter.
- 4 funds opened new Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF positions in Q2 2023 and 3 closed out, a net change of +1 holder.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF buyer in Q2 2023 was HRT Financial, an estimated $2.68M added.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF seller in Q2 2023 was Citadel Advisors, an estimated $379K sold.
Based on aggregated 13F filings for Q2 2023.