Direxion Daily Energy Bull 2X ETF
ERX
32 hedge funds and large institutions have $33.1M invested in Direxion Daily Energy Bull 2X ETF in 2016 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 9 closing their positions.
65% more call options, than puts
Call options by funds: $51.7M | Put options by funds: $31.4M
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
7% more funds holding
Funds holding: 30 → 32 (+2)
0.1% less ownership
Funds ownership: 0.72% → 0.62% (-0.1%)
3% less capital invested
Capital invested by funds: $34.1M → $33.1M (-$946K)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$3.17M |
| 2 |
SG Americas Securities
New York
|
+$2.01M |
| 3 |
RIA
RPG Investment Advisory
Pleasanton,
California
|
+$1.6M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$1.06M |
| 5 |
Morgan Stanley
New York
|
+$691K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
-$3.27M |
| 2 |
VF
Virtu Financial
New York
|
-$3M |
| 3 |
Jane Street
New York
|
-$1.35M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$1.12M |
| 5 |
Goldman Sachs
New York
|
-$1.04M |
ERX Hedge Fund Activity: Q1 2016 in Review
32 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q1 2016, worth a combined $33.1M — down 2.8% from $34.1M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new ERX positions and 9 closed out — a net gain of 2 holders — while 9 added to existing stakes and 11 trimmed.
The largest buyer was Tower Research Capital (TRC), opening a new position worth an estimated $3.17M. The largest seller was Quantitative Investment Management, exiting entirely with an estimated $3.27M sold.
- 32 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q1 2016, up from 30 in Q4 2015.
- Funds reported $33.1M of Direxion Daily Energy Bull 2X ETF stock for Q1 2016, down 2.8% quarter-over-quarter.
- 11 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q1 2016 and 9 closed out, a net change of +2 holders.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q1 2016 was Tower Research Capital (TRC), an estimated $3.17M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q1 2016 was Quantitative Investment Management, an estimated $3.27M sold.
Based on aggregated 13F filings for Q1 2016.