Direxion Daily Energy Bull 2X ETF
ERX
29 hedge funds and large institutions have $40.7M invested in Direxion Daily Energy Bull 2X ETF in 2015 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 10 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
0.59% less ownership
Funds ownership: 1.45% → 0.86% (-0.59%)
12% less funds holding
Funds holding: 33 → 29 (-4)
38% less call options, than puts
Call options by funds: $42.3M | Put options by funds: $68.4M
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
49% less capital invested
Capital invested by funds: $79.3M → $40.7M (-$38.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
+$3.79M |
| 2 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$2.38M |
| 3 |
Morgan Stanley
New York
|
+$947K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$907K |
| 5 |
BFG
Bouchey Financial Group
Troy,
New York
|
+$667K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFFS
Stonehage Fleming Financial Services
St. Helier,
Jersey
|
-$21.1M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$8.77M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$4.02M |
| 4 |
Barclays
London,
United Kingdom
|
-$2.43M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WA
26
WFG Advisors
Dallas,
Texas
| $4K | – | – | – |
|
27
UBS Group
Zurich,
Switzerland
| $3K | -$135K | -229 | -97% |
|
|
BWFA
28
Baltimore-Washington Financial Advisors
Columbia,
Maryland
| $3K | +$1.77K | +3 | +60% |
|
|
W
29
Wealthfront
Palo Alto,
California
| $1K | +$1.18K | +2 | New |
|
|
SFFS
30
Stonehage Fleming Financial Services
St. Helier,
Jersey
| – | -$21.1M | -38,407 | Closed |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| – | -$4.02M | -7,324 | Closed |
|
|
32
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$2.06M | -3,500 | Closed |
|
|
CT
33
CMT Trading
Chicago,
Illinois
| – | -$1.45M | -2,637 | Closed |
|
|
VF
34
Virtu Financial
New York
| – | -$987K | -1,799 | Closed |
|
|
VKH
35
Virtu KCG Holdings
New York
| – | -$814K | -1,485 | Closed |
|
|
MSU
36
Maple Securities USA
Jersey City,
New Jersey
| – | -$333K | -608 | Closed |
|
|
PWAP
37
Private Wealth Advisors (Pennsylvania)
Greensburg,
Pennsylvania
| – | -$246K | -449 | Closed |
|
|
TSS
38
Two Sigma Securities
New York
| – | -$222K | -405 | Closed |
|
39
Citigroup
New York
| – | -$122K | -222 | Closed |
|
ERX Hedge Fund Activity: Q2 2015 in Review
29 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q2 2015, worth a combined $40.7M — down 49% from $79.3M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ERX and 6 opened new positions — a net loss of 4 holders — while 9 trimmed existing stakes and 10 added.
The largest buyer was Nomura Holdings, opening a new position worth an estimated $3.79M. The largest seller was Stonehage Fleming Financial Services, exiting entirely with an estimated $21.1M sold.
- 29 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q2 2015, down from 33 in Q1 2015.
- Funds reported $40.7M of Direxion Daily Energy Bull 2X ETF stock for Q2 2015, down 49% quarter-over-quarter.
- 6 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q2 2015 and 10 closed out, a net change of -4 holders.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q2 2015 was Nomura Holdings, an estimated $3.79M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q2 2015 was Stonehage Fleming Financial Services, an estimated $21.1M sold.
Based on aggregated 13F filings for Q2 2015.