Direxion Daily Energy Bull 2X ETF
ERX
26 hedge funds and large institutions have $19.6M invested in Direxion Daily Energy Bull 2X ETF in 2017 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 6 closing their positions.
0% more funds holding
Funds holding: 26 → 26 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
0.19% less ownership
Funds ownership: 0.6% → 0.4% (-0.19%)
9% less call options, than puts
Call options by funds: $51.6M | Put options by funds: $56.7M
40% less capital invested
Capital invested by funds: $32.4M → $19.6M (-$12.8M)
55% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$2.25M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$962K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$403K |
| 4 |
Bank of New York Mellon
New York
|
+$180K |
| 5 |
TFA
Toth Financial Advisory
Leesburg,
Virginia
|
+$87.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.09M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$4.63M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
-$3.36M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.43M |
| 5 |
Citigroup
New York
|
-$1.49M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
26
Advisory Services Network
Atlanta,
Georgia
| $1K | – | – | – |
|
|
27
Nomura Holdings
Tokyo,
Japan
| – | -$3.36M | -11,199 | Closed |
|
|
CS
28
Credit Suisse
Zurich,
Switzerland
| – | -$2.43M | -8,092 | Closed |
|
29
Walleye Trading
New York
| – | -$241K | -795 | Closed |
|
30
Simplex Trading
Chicago,
Illinois
| – | -$192K | -642 | Closed |
|
|
PFO
31
Pathstone Family Office
Englewood,
New Jersey
| – | -$52K | -173 | Closed |
|
|
GAM
32
Gemmer Asset Management
Walnut Creek,
California
| – | -$23K | -76 | Closed |
|
ERX Hedge Fund Activity: Q4 2017 in Review
26 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q4 2017, worth a combined $19.6M — down 40% from $32.4M a quarter earlier.
Fund positioning in ERX was balanced in Q4 2017: 6 funds opened new positions, 6 closed out, 5 added to existing stakes and 11 trimmed.
The largest buyer was Virtu Financial, adding an estimated $2.25M. The largest seller was Susquehanna International Group, cutting an estimated $5.09M.
- 26 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q4 2017, unchanged from Q3 2017.
- Funds reported $19.6M of Direxion Daily Energy Bull 2X ETF stock for Q4 2017, down 40% quarter-over-quarter.
- 6 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q4 2017 and 6 closed out, a net change of 0 holders.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q4 2017 was Virtu Financial, an estimated $2.25M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q4 2017 was Susquehanna International Group, an estimated $5.09M sold.
Based on aggregated 13F filings for Q4 2017.