Direxion Daily Energy Bull 2X ETF
ERX
16 hedge funds and large institutions have $13.9M invested in Direxion Daily Energy Bull 2X ETF in 2019 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 12 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
33% more call options, than puts
Call options by funds: $33.6M | Put options by funds: $25.3M
7% more capital invested
Capital invested by funds: $13M → $13.9M (+$852K)
0.05% more ownership
Funds ownership: 0.34% → 0.39% (+0.05%)
41% less funds holding
Funds holding: 27 → 16 (-11)
92% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$3.31M |
| 2 |
HIS
Harvest Investment Services
Oakbrook Terrace,
Illinois
|
+$1.22M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.05M |
| 4 |
Morgan Stanley
New York
|
+$619K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$559K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Simplex Trading
Chicago,
Illinois
|
-$1.66M |
| 2 |
BBNA
Bremer Bank National Association
St Paul,
Minnesota
|
-$1.4M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$636K |
| 4 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
-$452K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$359K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OIA
26
OneDigital Investment Advisors
Overland Park,
Kansas
| – | -$1K | -6 | Closed |
|
27
Parallax Volatility Advisers
San Francisco,
California
| – | -$204 | -1 | Closed |
|
ERX Hedge Fund Activity: Q2 2019 in Review
16 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q2 2019, worth a combined $13.9M — up 6.5% from $13M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of ERX and 1 opened new positions — a net loss of 11 holders — while 4 trimmed existing stakes and 8 added.
The largest buyer was Tower Research Capital (TRC), adding an estimated $3.31M. The largest seller was Simplex Trading, exiting entirely with an estimated $1.66M sold.
- 16 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q2 2019, down from 27 in Q1 2019.
- Funds reported $13.9M of Direxion Daily Energy Bull 2X ETF stock for Q2 2019, up 6.5% quarter-over-quarter.
- 1 fund opened new Direxion Daily Energy Bull 2X ETF positions in Q2 2019 and 12 closed out, a net change of -11 holders.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q2 2019 was Tower Research Capital (TRC), an estimated $3.31M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q2 2019 was Simplex Trading, an estimated $1.66M sold.
Based on aggregated 13F filings for Q2 2019.