Direxion Daily Energy Bull 2X ETF
ERX
34 hedge funds and large institutions have $45.3M invested in Direxion Daily Energy Bull 2X ETF in 2016 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
39% more capital invested
Capital invested by funds: $32.7M → $45.3M (+$12.6M)
10% more funds holding
Funds holding: 31 → 34 (+3)
1% more call options, than puts
Call options by funds: $85M | Put options by funds: $83.8M
0.22% more ownership
Funds ownership: 0.59% → 0.81% (+0.22%)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.84M |
| 2 |
VF
Virtu Financial
New York
|
+$2.5M |
| 3 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$2.39M |
| 4 |
Citigroup
New York
|
+$1.54M |
| 5 |
Jane Street
New York
|
+$1.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.8M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.64M |
| 3 |
Barclays
London,
United Kingdom
|
-$1.64M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
-$904K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$608K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $208K | +$13.8K | +45 | +8% |
|
|
27
UBS Group
Zurich,
Switzerland
| $129K | -$608K | -1,981 | -84% |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $53K | – | – | – |
|
|
WAM
29
Wolverine Asset Management
Chicago,
Illinois
| $53K | +$30.7K | +100 | +167% |
|
|
FTUS
30
Flow Traders U.S.
New York
| $25K | -$207K | -674 | -90% |
|
|
PFO
31
Pathstone Family Office
Englewood,
New Jersey
| $18K | – | – | – |
|
|
MFS
32
MSI Financial Services
Springfield,
Massachusetts
| $3K | – | – | – |
|
|
WA
33
WFG Advisors
Dallas,
Texas
| $3K | – | – | – |
|
|
FANJ
34
Financial Architects (New Jersey)
Marlton,
New Jersey
| $2K | – | – | – |
|
35
Simplex Trading
Chicago,
Illinois
| – | -$417K | -1,355 | Closed |
|
ERX Hedge Fund Activity: Q3 2016 in Review
34 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q3 2016, worth a combined $45.3M — up 39% from $32.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new ERX positions and 1 closed out — a net gain of 4 holders — while 11 added to existing stakes and 12 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $4.84M. The largest seller was Tower Research Capital (TRC), cutting an estimated $1.8M.
- 34 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q3 2016, up from 31 in Q2 2016.
- Funds reported $45.3M of Direxion Daily Energy Bull 2X ETF stock for Q3 2016, up 39% quarter-over-quarter.
- 5 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q3 2016 and 1 closed out, a net change of +4 holders.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q3 2016 was Susquehanna International Group, an estimated $4.84M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q3 2016 was Tower Research Capital (TRC), an estimated $1.8M sold.
Based on aggregated 13F filings for Q3 2016.