We are live on ! Find out more
ERX icon

Direxion Daily Energy Bull 2X ETF
ERX

34 hedge funds and large institutions have $40.5M invested in Direxion Daily Energy Bull 2X ETF in 2018 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

96% more capital invested

Capital invested by funds: $20.7M → $40.5M (+$19.8M)

71% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 7

29% more call options, than puts

Call options by funds: $64M | Put options by funds: $49.6M

17% more funds holding

Funds holding: 29 → 34 (+5)

17% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 6

0.4% more ownership

Funds ownership: 0.49% → 0.88% (+0.4%)

Holders
34
Holders Change
+5
Holders Change %
+17.24%
% of All Funds
0.78%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
12
Increased
7
Reduced
6
Closed
7
Calls
$64M
Puts
$49.6M
Net Calls
+$14.4M
Net Calls Change
+$15.7M

Top Buyers

Rank Fund Capital Flow
1
QIM
Quantitative Investment Management
Virginia
+$8.88M
2
HJMC
Hellman Jordan Management Company
Massachusetts
+$3.62M
3
Simplex Trading
Simplex Trading
Illinois
+$1.67M
4
Citadel Advisors
Citadel Advisors
Florida
+$964K
5
VF
Virtu Financial
New York
+$529K

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$1.5M
2
TRCT
Tower Research Capital (TRC)
New York
-$954K
3
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$853K
4
Barclays
Barclays
United Kingdom
-$717K
5
SG Americas Securities
SG Americas Securities
New York
-$706K
Name Holding Trade Value Shares
Change 		Change in
Stake
AG
26
Advisor Group
Arizona
$45K +$42.7K +118 New
PFO
27
Pathstone Family Office
New Jersey
$44K – – –
SEI Investments
28
SEI Investments
Pennsylvania
$28K – – –
SWM
29
SeaCrest Wealth Management
New York
$19K – – –
FANJ
30
Financial Architects (New Jersey)
New Jersey
$4K -$18.1K -50 -83%
OIA
31
Optimum Investment Advisors
Illinois
$4K – – –
US Bancorp
32
US Bancorp
Minnesota
$4K +$3.98K +11 New
LTFS
33
Ladenburg Thalmann Financial Services
Florida
$3K – – –
WAM
34
Wolverine Asset Management
Illinois
$3K +$3.62K +10 New
Susquehanna International Group
35
Susquehanna International Group
Pennsylvania
– -$853K -2,356 Closed
Barclays
36
Barclays
United Kingdom
– -$717K -1,980 Closed
WI
37
Wintrust Investments
Illinois
– -$468K -1,700 Closed
BW
38
Bison Wealth
Georgia
– -$283K -1,028 Closed
BRC
39
Bell Rock Capital
Delaware
– -$6K -20 Closed
LF
40
Lee Financial
Texas
– -$2K -6 Closed
1
2

ERX Hedge Fund Activity: Q2 2018 in Review

34 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q2 2018, worth a combined $40.5M — up 96% from $20.7M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new ERX positions and 7 closed out — a net gain of 5 holders — while 7 added to existing stakes and 6 trimmed.

The largest buyer was Quantitative Investment Management, adding an estimated $8.88M. The largest seller was Morgan Stanley, cutting an estimated $1.5M.

  • 34 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q2 2018, up from 29 in Q1 2018.
  • Funds reported $40.5M of Direxion Daily Energy Bull 2X ETF stock for Q2 2018, up 96% quarter-over-quarter.
  • 12 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q2 2018 and 7 closed out, a net change of +5 holders.
  • The largest Direxion Daily Energy Bull 2X ETF buyer in Q2 2018 was Quantitative Investment Management, an estimated $8.88M added.
  • The largest Direxion Daily Energy Bull 2X ETF seller in Q2 2018 was Morgan Stanley, an estimated $1.5M sold.

Based on aggregated 13F filings for Q2 2018.