Direxion Daily Energy Bull 2X ETF
ERX
31 hedge funds and large institutions have $32.7M invested in Direxion Daily Energy Bull 2X ETF in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 15 reducing their positions, and 6 closing their positions.
14% more call options, than puts
Call options by funds: $93.4M | Put options by funds: $81.6M
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
0.03% less ownership
Funds ownership: 0.62% → 0.59% (-0.03%)
1% less capital invested
Capital invested by funds: $33.1M → $32.7M (-$445K)
3% less funds holding
Funds holding: 32 → 31 (-1)
60% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
+$795K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$664K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$499K |
| 4 |
Morgan Stanley
New York
|
+$317K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$129K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$2.7M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$1.4M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$1.28M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$1.22M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Wolverine Asset Management
Chicago,
Illinois
| $18K | +$16.8K | +60 | New |
|
|
PFO
27
Pathstone Family Office
Englewood,
New Jersey
| $17K | – | – | – |
|
28
Citigroup
New York
| $9K | -$411K | -1,464 | -98% |
|
|
CG
29
Cutler Group
San Francisco,
California
| $8K | +$3.09K | +11 | +61% |
|
|
MFS
30
MSI Financial Services
Springfield,
Massachusetts
| $3K | – | – | – |
|
|
WA
31
WFG Advisors
Dallas,
Texas
| $3K | – | – | – |
|
|
FANJ
32
Financial Architects (New Jersey)
Marlton,
New Jersey
| $2K | +$1.4K | +5 | New |
|
|
CA
33
Cetera Advisors
Denver,
Colorado
| – | -$695K | -2,946 | Closed |
|
|
TH
34
Timber Hill
Greenwich,
Connecticut
| – | -$492K | -2,093 | Closed |
|
|
VF
35
Virtu Financial
New York
| – | -$370K | -1,572 | Closed |
|
36
Citadel Advisors
Miami,
Florida
| – | -$270K | -1,147 | Closed |
|
37
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$118K | -500 | Closed |
|
38
Walleye Trading
New York
| – | -$28.3K | -101 | Closed |
|
ERX Hedge Fund Activity: Q2 2016 in Review
31 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q2 2016, worth a combined $32.7M — down 1.3% from $33.1M a quarter earlier.
Fund positioning in ERX was balanced in Q2 2016: 6 funds opened new positions, 6 closed out, 6 added to existing stakes and 15 trimmed.
The largest buyer was Traynor Capital Management, adding an estimated $795K. The largest seller was SG Americas Securities, cutting an estimated $2.7M.
- 31 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q2 2016, down from 32 in Q1 2016.
- Funds reported $32.7M of Direxion Daily Energy Bull 2X ETF stock for Q2 2016, down 1.3% quarter-over-quarter.
- 6 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q2 2016 and 6 closed out, a net change of 0 holders.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q2 2016 was Traynor Capital Management, an estimated $795K added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q2 2016 was SG Americas Securities, an estimated $2.7M sold.
Based on aggregated 13F filings for Q2 2016.