Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
19 hedge funds and large institutions have $9.95M invested in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF in 2023 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 11 reducing their positions, and 5 closing their positions.
119% more call options, than puts
Call options by funds: $4.44M | Put options by funds: $2.03M
0.26% more ownership
Funds ownership: 1.4% → 1.66% (+0.26%)
14% less funds holding
Funds holding: 22 → 19 (-3)
14% less capital invested
Capital invested by funds: $11.6M → $9.95M (-$1.64M)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
64% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$2.89M |
| 2 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
+$392K |
| 3 |
Walleye Capital
New York
|
+$191K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$122K |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$2.97K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$1.74M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.37M |
| 3 |
Renaissance Technologies
New York
|
-$818K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$697K |
| 5 |
Jane Street
New York
|
-$522K |
DRIP Hedge Fund Activity: Q4 2023 in Review
19 of the 6,869 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 2023, worth a combined $9.95M — down 14% from $11.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of DRIP and 2 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 4 added.
The largest buyer was HRT Financial, adding an estimated $2.89M. The largest seller was Virtu Financial, cutting an estimated $1.74M.
- 19 institutional investors held Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) as of Q4 2023, down from 22 in Q3 2023.
- Funds reported $9.95M of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF stock for Q4 2023, down 14% quarter-over-quarter.
- 2 funds opened new Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF positions in Q4 2023 and 5 closed out, a net change of -3 holders.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF buyer in Q4 2023 was HRT Financial, an estimated $2.89M added.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF seller in Q4 2023 was Virtu Financial, an estimated $1.74M sold.
Based on aggregated 13F filings for Q4 2023.