Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
19 hedge funds and large institutions have $4.21M invested in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF in 2024 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 5 closing their positions.
114% more call options, than puts
Call options by funds: $1.84M | Put options by funds: $858K
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
6% more funds holding
Funds holding: 18 → 19 (+1)
0.03% more ownership
Funds ownership: 0.89% → 0.92% (+0.03%)
5% less capital invested
Capital invested by funds: $4.46M → $4.21M (-$244K)
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$983K |
| 2 |
VF
Virtu Financial
New York
|
+$729K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$168K |
| 4 |
TSS
Two Sigma Securities
New York
|
+$120K |
| 5 |
GS
GTS Securities
Miami,
Florida
|
+$92.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$1.25M |
| 2 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
-$681K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$375K |
| 4 |
WWC
Waypoint Wealth Counsel
Atlanta,
Georgia
|
-$345K |
| 5 |
Walleye Capital
New York
|
-$146K |
DRIP Hedge Fund Activity: Q2 2024 in Review
19 of the 6,935 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 2024, worth a combined $4.21M — down 5.5% from $4.46M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new DRIP positions and 5 closed out — a net gain of 2 holders — while 2 added to existing stakes and 6 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $983K. The largest seller was HRT Financial, cutting an estimated $1.25M.
- 19 institutional investors held Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF (DRIP) as of Q2 2024, up from 18 in Q1 2024.
- Funds reported $4.21M of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF stock for Q2 2024, down 5.5% quarter-over-quarter.
- 7 funds opened new Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF positions in Q2 2024 and 5 closed out, a net change of +2 holders.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF buyer in Q2 2024 was Jane Street, an estimated $983K added.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF seller in Q2 2024 was HRT Financial, an estimated $1.25M sold.
Based on aggregated 13F filings for Q2 2024.