Direxion Daily Energy Bull 2X ETF
ERX
28 hedge funds and large institutions have $12.4M invested in Direxion Daily Energy Bull 2X ETF in 2018 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 10 closing their positions.
156% more call options, than puts
Call options by funds: $61.8M | Put options by funds: $24.1M
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
0.17% less ownership
Funds ownership: 0.59% → 0.43% (-0.17%)
3% less funds holding
Funds holding: 29 → 28 (-1)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
51% less capital invested
Capital invested by funds: $25.5M → $12.4M (-$13.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.06M |
| 2 |
BTNA
Bremer Trust National Association
St. Cloud,
Minnesota
|
+$1.58M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.28M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$812K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$700K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
-$1.59M |
| 2 |
TFA
Toth Financial Advisory
Leesburg,
Virginia
|
-$1.05M |
| 3 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
-$909K |
| 4 |
SG Americas Securities
New York
|
-$641K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$596K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIC
26
Ameritas Investment Company
Lincoln,
Nebraska
| $8K | +$13K | +51 | New |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $5K | +$7.66K | +30 | New |
|
|
FANJ
28
Financial Architects (New Jersey)
Marlton,
New Jersey
| $2K | – | – | – |
|
|
ACM
29
Avalon Capital Management
Port Of Redwood City,
California
| – | -$1.59M | -4,273 | Closed |
|
|
30
SG Americas Securities
New York
| – | -$641K | -1,719 | Closed |
|
|
BFG
31
Bouchey Financial Group
Troy,
New York
| – | -$306K | -820 | Closed |
|
|
VF
32
Virtu Financial
New York
| – | -$235K | -630 | Closed |
|
33
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$158K | -617 | Closed |
|
|
IP
34
Intellectus Partners
San Francisco,
California
| – | -$224K | -600 | Closed |
|
|
SCP
35
Silverleafe Capital Partners
Germantown,
Tennessee
| – | -$206K | -553 | Closed |
|
36
Walleye Trading
New York
| – | -$17.4K | -68 | Closed |
|
|
SWM
37
SeaCrest Wealth Management
Purchase,
New York
| – | -$19K | -50 | Closed |
|
38
US Bancorp
Minneapolis,
Minnesota
| – | -$4K | -11 | Closed |
|
ERX Hedge Fund Activity: Q4 2018 in Review
28 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q4 2018, worth a combined $12.4M — down 51% from $25.5M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ERX and 9 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 9 added.
The largest buyer was Jane Street, adding an estimated $2.06M. The largest seller was Avalon Capital Management, exiting entirely with an estimated $1.59M sold.
- 28 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q4 2018, down from 29 in Q3 2018.
- Funds reported $12.4M of Direxion Daily Energy Bull 2X ETF stock for Q4 2018, down 51% quarter-over-quarter.
- 9 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q4 2018 and 10 closed out, a net change of -1 holder.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q4 2018 was Jane Street, an estimated $2.06M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q4 2018 was Avalon Capital Management, an estimated $1.59M sold.
Based on aggregated 13F filings for Q4 2018.