Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
18 hedge funds and large institutions have $4.46M invested in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 3 closing their positions.
155% more call options, than puts
Call options by funds: $2.09M | Put options by funds: $818K
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
0.77% less ownership
Funds ownership: 1.66% → 0.89% (-0.77%)
5% less funds holding
Funds holding: 19 → 18 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
55% less capital invested
Capital invested by funds: $9.95M → $4.46M (-$5.49M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$506K |
| 2 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
+$481K |
| 3 |
WWC
Waypoint Wealth Counsel
Atlanta,
Georgia
|
+$444K |
| 4 |
Squarepoint
New York
|
+$153K |
| 5 |
GS
GTS Securities
New York
|
+$69.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$3.68M |
| 2 |
VF
Virtu Financial
New York
|
-$1.45M |
| 3 |
TSS
Two Sigma Securities
New York
|
-$476K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$171K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$15.7K |
DRIP Hedge Fund Activity: Q1 2024 in Review
18 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) for Q1 2024, worth a combined $4.46M — down 55% from $9.95M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of DRIP and 2 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 7 added.
The largest buyer was Susquehanna International Group, adding an estimated $506K. The largest seller was HRT Financial, cutting an estimated $3.68M.
- 18 institutional investors held Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) as of Q1 2024, down from 19 in Q4 2023.
- Funds reported $4.46M of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF stock for Q1 2024, down 55% quarter-over-quarter.
- 2 funds opened new Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF positions in Q1 2024 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 Q1 2024 was Susquehanna International Group, an estimated $506K added.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF seller in Q1 2024 was HRT Financial, an estimated $3.68M sold.
Based on aggregated 13F filings for Q1 2024.