Direxion Daily Energy Bull 2X ETF
ERX
26 hedge funds and large institutions have $43M invested in Direxion Daily Energy Bull 2X ETF in 2014 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 8 closing their positions.
88% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 8
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
30% more funds holding
Funds holding: 20 → 26 (+6)
20% more capital invested
Capital invested by funds: $35.8M → $43M (+$7.25M)
0.75% less ownership
Funds ownership: 2.01% → 1.26% (-0.75%)
34% less call options, than puts
Call options by funds: $52M | Put options by funds: $79.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFG
Bouchey Financial Group
Troy,
New York
|
+$6.68M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$5.26M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.55M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$3.25M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$3.72M |
| 2 |
AP
Advisors Preferred
Rockville,
Maryland
|
-$3.1M |
| 3 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
-$1.05M |
| 4 |
Morgan Stanley
New York
|
-$617K |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
-$414K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $11K | +$13K | +18 | New |
|
|
AP
27
Advisors Preferred
Rockville,
Maryland
| – | -$3.1M | -3,231 | Closed |
|
|
QIM
28
Quantitative Investment Management
Charlottesville,
Virginia
| – | -$1.05M | -1,100 | Closed |
|
|
29
Morgan Stanley
New York
| – | -$617K | -643 | Closed |
|
|
30
Nomura Holdings
Tokyo,
Japan
| – | -$414K | -430 | Closed |
|
|
RHBC
31
R.H. Bluestein & Co
Birmingham,
Michigan
| – | -$384K | -400 | Closed |
|
32
Millennium Management
New York
| – | -$274K | -285 | Closed |
|
|
FIG
33
Fusion Investment Group
Pittsburgh,
Pennsylvania
| – | -$19K | -20 | Closed |
|
|
OCM
34
One Capital Management
Westlake Village,
California
| – | -$1K | -1 | Closed |
|
ERX Hedge Fund Activity: Q4 2014 in Review
26 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q4 2014, worth a combined $43M — up 20% from $35.8M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new ERX positions and 8 closed out — a net gain of 7 holders — while 6 added to existing stakes and 4 trimmed.
The largest buyer was Bouchey Financial Group, opening a new position worth an estimated $6.68M. The largest seller was Goldman Sachs, cutting an estimated $3.72M.
- 26 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q4 2014, up from 20 in Q3 2014.
- Funds reported $43M of Direxion Daily Energy Bull 2X ETF stock for Q4 2014, up 20% quarter-over-quarter.
- 15 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q4 2014 and 8 closed out, a net change of +7 holders.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q4 2014 was Bouchey Financial Group, an estimated $6.68M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q4 2014 was Goldman Sachs, an estimated $3.72M sold.
Based on aggregated 13F filings for Q4 2014.