Direxion Daily Energy Bull 2X ETF
ERX
30 hedge funds and large institutions have $38.7M invested in Direxion Daily Energy Bull 2X ETF in 2017 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 4 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 7
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
16% more capital invested
Capital invested by funds: $33.3M → $38.7M (+$5.46M)
7% more funds holding
Funds holding: 28 → 30 (+2)
0.07% more ownership
Funds ownership: 0.63% → 0.71% (+0.07%)
35% less call options, than puts
Call options by funds: $47.6M | Put options by funds: $73.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$5.69M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$4.84M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.41M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$989K |
| 5 |
CG
Cutler Group
San Francisco,
California
|
+$768K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.78M |
| 2 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
-$1.21M |
| 3 |
Jane Street
New York
|
-$1.13M |
| 4 |
RHBC
R.H. Bluestein & Co
Birmingham,
Michigan
|
-$476K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$382K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| $5K | – | – | – |
|
|
WA
27
WFG Advisors
Dallas,
Texas
| $2K | – | – | – |
|
28
Walleye Trading
New York
| $340 | +$33.5K | +120 | +10% |
|
|
RHBC
29
R.H. Bluestein & Co
Birmingham,
Michigan
| – | -$476K | -1,501 | Closed |
|
|
FIM
30
Freedom Investment Management
Hartford,
Connecticut
| – | -$344K | -1,087 | Closed |
|
|
LTFS
31
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$63K | -200 | Closed |
|
32
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$51K | -160 | Closed |
|
|
HI
33
Hudock Inc
Williamsport,
Pennsylvania
| – | +$279 | +1 | New |
|
ERX Hedge Fund Activity: Q2 2017 in Review
30 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q2 2017, worth a combined $38.7M — up 16% from $33.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new ERX positions and 4 closed out — a net gain of 2 holders — while 13 added to existing stakes and 7 trimmed.
The largest buyer was Barclays, adding an estimated $5.69M. The largest seller was Morgan Stanley, cutting an estimated $2.78M.
- 30 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q2 2017, up from 28 in Q1 2017.
- Funds reported $38.7M of Direxion Daily Energy Bull 2X ETF stock for Q2 2017, up 16% quarter-over-quarter.
- 6 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q2 2017 and 4 closed out, a net change of +2 holders.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q2 2017 was Barclays, an estimated $5.69M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q2 2017 was Morgan Stanley, an estimated $2.78M sold.
Based on aggregated 13F filings for Q2 2017.