Direxion Daily Energy Bull 2X ETF
ERX
29 hedge funds and large institutions have $20.7M invested in Direxion Daily Energy Bull 2X ETF in 2018 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 10 increasing their positions, 5 reducing their positions, and 8 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 5
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
12% more funds holding
Funds holding: 26 → 29 (+3)
6% more capital invested
Capital invested by funds: $19.6M → $20.7M (+$1.14M)
0.08% more ownership
Funds ownership: 0.4% → 0.49% (+0.08%)
3% less call options, than puts
Call options by funds: $37.7M | Put options by funds: $39M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
+$3.87M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$3.37M |
| 3 |
Morgan Stanley
New York
|
+$1.11M |
| 4 |
Jane Street
New York
|
+$1M |
| 5 |
Barclays
London,
United Kingdom
|
+$644K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$2.53M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.03M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$911K |
| 4 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
-$589K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$433K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $3K | +$3.25K | +10 | New |
|
|
OIA
27
Optimum Investment Advisors
Chicago,
Illinois
| $3K | +$3.25K | +10 | New |
|
|
LF
28
Lee Financial
Dallas,
Texas
| $2K | +$1.95K | +6 | New |
|
|
WAM
29
Wolverine Asset Management
Chicago,
Illinois
| – | -$1.03M | -3,174 | Closed |
|
|
TCM
30
Traynor Capital Management
Malvern,
Pennsylvania
| – | -$589K | -1,688 | Closed |
|
|
31
Citadel Advisors
Miami,
Florida
| – | -$433K | -1,330 | Closed |
|
|
TH
32
Timber Hill
Greenwich,
Connecticut
| – | -$312K | -895 | Closed |
|
|
CI
33
CPMG Inc
Dallas,
Texas
| – | -$245K | -700 | Closed |
|
34
Bank of New York Mellon
New York
| – | -$208K | -593 | Closed |
|
|
CA
35
Calton & Associates
Tampa,
Florida
| – | -$36K | -84 | Closed |
|
36
Bank of America
Charlotte,
North Carolina
| – | -$3K | -10 | Closed |
|
ERX Hedge Fund Activity: Q1 2018 in Review
29 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q1 2018, worth a combined $20.7M — up 5.8% from $19.6M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new ERX positions and 8 closed out — a net gain of 3 holders — while 10 added to existing stakes and 5 trimmed.
The largest buyer was Quantitative Investment Management, opening a new position worth an estimated $3.87M. The largest seller was Virtu Financial, cutting an estimated $2.53M.
- 29 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q1 2018, up from 26 in Q4 2017.
- Funds reported $20.7M of Direxion Daily Energy Bull 2X ETF stock for Q1 2018, up 5.8% quarter-over-quarter.
- 11 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q1 2018 and 8 closed out, a net change of +3 holders.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q1 2018 was Quantitative Investment Management, an estimated $3.87M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q1 2018 was Virtu Financial, an estimated $2.53M sold.
Based on aggregated 13F filings for Q1 2018.