Direxion Daily Energy Bull 2X ETF
ERX
27 hedge funds and large institutions have $13M invested in Direxion Daily Energy Bull 2X ETF in 2019 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 12 reducing their positions, and 7 closing their positions.
86% more call options, than puts
Call options by funds: $64.3M | Put options by funds: $34.6M
5% more capital invested
Capital invested by funds: $12.4M → $13M (+$591K)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
0.09% less ownership
Funds ownership: 0.43% → 0.34% (-0.09%)
4% less funds holding
Funds holding: 28 → 27 (-1)
50% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.78M |
| 2 |
Simplex Trading
Chicago,
Illinois
|
+$954K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$504K |
| 4 |
HIS
Harvest Investment Services
Oakbrook Terrace,
Illinois
|
+$201K |
| 5 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
+$129K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
-$2.98M |
| 2 |
Jane Street
New York
|
-$1.91M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$492K |
| 4 |
Citigroup
New York
|
-$433K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$407K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QIM
26
Quantitative Investment Management
Charlottesville,
Virginia
| – | -$2.98M | -19,690 | Closed |
|
|
27
Envestnet Asset Management
Chicago,
Illinois
| – | -$407K | -2,686 | Closed |
|
28
Barclays
London,
United Kingdom
| – | -$341K | -1,626 | Closed |
|
|
MWM
29
Merriman Wealth Management
Seattle,
Washington
| – | -$172K | -1,000 | Closed |
|
|
LTFS
30
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$71.3K | -340 | -99% |
|
|
AG
31
Advisor Group
Phoenix,
Arizona
| – | -$22K | -143 | Closed |
|
|
CG
32
Cutler Group
San Francisco,
California
| – | -$12.6K | -60 | Closed |
|
|
AIC
33
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$8K | -51 | Closed |
|
34
Parallax Volatility Advisers
San Francisco,
California
| – | +$210 | +1 | New |
|
ERX Hedge Fund Activity: Q1 2019 in Review
27 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q1 2019, worth a combined $13M — up 4.8% from $12.4M a quarter earlier.
Fund positioning in ERX was balanced in Q1 2019: 7 funds opened new positions, 7 closed out, 6 added to existing stakes and 12 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $1.78M. The largest seller was Quantitative Investment Management, exiting entirely with an estimated $2.98M sold.
- 27 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q1 2019, down from 28 in Q4 2018.
- Funds reported $13M of Direxion Daily Energy Bull 2X ETF stock for Q1 2019, up 4.8% quarter-over-quarter.
- 7 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q1 2019 and 7 closed out, a net change of 0 holders.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q1 2019 was Citadel Advisors, an estimated $1.78M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q1 2019 was Quantitative Investment Management, an estimated $2.98M sold.
Based on aggregated 13F filings for Q1 2019.