Direxion Daily Energy Bull 2X ETF
ERX
21 hedge funds and large institutions have $19.5M invested in Direxion Daily Energy Bull 2X ETF in 2019 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 2 increasing their positions, 8 reducing their positions, and 8 closing their positions.
6% more call options, than puts
Call options by funds: $19.8M | Put options by funds: $18.6M
0% more funds holding
Funds holding: 21 → 21 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
0.31% less ownership
Funds ownership: 0.95% → 0.64% (-0.31%)
30% less capital invested
Capital invested by funds: $27.7M → $19.5M (-$8.17M)
75% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.94M |
| 2 |
VF
Virtu Financial
New York
|
+$945K |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$261K |
| 4 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
+$257K |
| 5 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
+$236K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$6.14M |
| 2 |
HJMC
Hellman Jordan Management Company
Quincy,
Massachusetts
|
-$4.63M |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$712K |
| 4 |
IMC Chicago
Chicago,
Illinois
|
-$482K |
| 5 |
Jane Street
New York
|
-$468K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MC
26
Moors & Cabot
Boston,
Massachusetts
| – | -$165K | -1,060 | Closed |
|
27
SG Americas Securities
New York
| – | -$147K | -945 | Closed |
|
|
PFO
28
Pathstone Family Office
Englewood,
New Jersey
| – | -$47K | -300 | Closed |
|
ERX Hedge Fund Activity: Q4 2019 in Review
21 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q4 2019, worth a combined $19.5M — down 30% from $27.7M a quarter earlier.
Fund positioning in ERX was balanced in Q4 2019: 8 funds opened new positions, 8 closed out, 2 added to existing stakes and 8 trimmed.
The largest buyer was Tower Research Capital (TRC), adding an estimated $1.94M. The largest seller was Susquehanna International Group, cutting an estimated $6.14M.
- 21 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q4 2019, unchanged from Q3 2019.
- Funds reported $19.5M of Direxion Daily Energy Bull 2X ETF stock for Q4 2019, down 30% quarter-over-quarter.
- 8 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q4 2019 and 8 closed out, a net change of 0 holders.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q4 2019 was Tower Research Capital (TRC), an estimated $1.94M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q4 2019 was Susquehanna International Group, an estimated $6.14M sold.
Based on aggregated 13F filings for Q4 2019.