Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
22 hedge funds and large institutions have $11.6M invested in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 1 reducing their positions, and 1 closing their positions.
3,547% more capital inflows, than outflows
Capital inflows: $8.81M | Capital outflows: $242K
1,100% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 1
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
188% more call options, than puts
Call options by funds: $5.58M | Put options by funds: $1.94M
38% more funds holding
Funds holding: 16 → 22 (+6)
19.09% more ownership
Funds ownership: 8.97% → 28.06% (+19%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Virtu Financial
New York
|
+$2.94M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.54M |
| 3 |
HRT Financial
New York
|
+$1.1M |
| 4 |
Renaissance Technologies
New York
|
+$893K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$511K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Waypoint Wealth Counsel
Atlanta,
Georgia
|
-$203K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$38.8K |
DRIP Hedge Fund Activity: Q3 2023 in Review
22 of the 6,316 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 2023, worth a combined $11.6M — up 133% from $4.98M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new DRIP positions and 1 closed out — a net gain of 6 holders — while 12 added to existing stakes and 1 trimmed.
The largest buyer was Virtu Financial, adding an estimated $2.94M. The largest seller was Waypoint Wealth Counsel, exiting entirely with an estimated $203K sold.
- 22 institutional investors held Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) as of Q3 2023, up from 16 in Q2 2023.
- Funds reported $11.6M of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF stock for Q3 2023, up 133% quarter-over-quarter.
- 7 funds opened new Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF positions in Q3 2023 and 1 closed out, a net change of +6 holders.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF buyer in Q3 2023 was Virtu Financial, an estimated $2.94M added.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF seller in Q3 2023 was Waypoint Wealth Counsel, an estimated $203K sold.
Based on aggregated 13F filings for Q3 2023.