Direxion Daily Energy Bull 2X ETF
ERX
29 hedge funds and large institutions have $20.4M invested in Direxion Daily Energy Bull 2X ETF in 2020 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 14 closing their positions.
145% more capital invested
Capital invested by funds: $8.31M → $20.4M (+$12M)
77% more call options, than puts
Call options by funds: $30.7M | Put options by funds: $17.4M
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
0.76% less ownership
Funds ownership: 6.03% → 5.27% (-0.76%)
6% less funds holding
Funds holding: 31 → 29 (-2)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$8.33M |
| 2 |
IWA
Intercontinental Wealth Advisors
San Antonio,
Texas
|
+$1.46M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$1.31M |
| 4 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
+$1.12M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$850K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$2.71M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.15M |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$927K |
| 4 |
RFC
Regions Financial Corp
Birmingham,
Alabama
|
-$500K |
| 5 |
JC
Jacobs & Co
San Francisco,
California
|
-$487K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CG
26
Cutler Group
San Francisco,
California
| $1K | -$5.43K | -360 | -80% |
|
|
KFS
27
Kelly Financial Services
Braintree,
Massachusetts
| $92 | – | – | – |
|
|
28
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.15M | -76,380 | Closed |
|
|
RFC
29
Regions Financial Corp
Birmingham,
Alabama
| – | -$500K | -51,316 | Closed |
|
|
JC
30
Jacobs & Co
San Francisco,
California
| – | -$487K | -50,000 | Closed |
|
31
Renaissance Technologies
New York
| – | -$431K | -44,230 | Closed |
|
32
Jane Street
New York
| – | -$367K | -24,290 | Closed |
|
|
PFO
33
Pathstone Family Office
Englewood,
New Jersey
| – | -$13K | -1,300 | Closed |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| – | -$11K | -1,134 | Closed |
|
|
AAP
35
Arax Advisory Partners
Denver,
Colorado
| – | -$8K | -780 | Closed |
|
|
SFS
36
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$1K | -100 | Closed |
|
37
Citigroup
New York
| – | -$302 | -20 | Closed |
|
ERX Hedge Fund Activity: Q2 2020 in Review
29 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q2 2020, worth a combined $20.4M — up 145% from $8.31M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of ERX and 12 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 6 added.
The largest buyer was Citadel Advisors, adding an estimated $8.33M. The largest seller was HRT Financial, cutting an estimated $2.71M.
- 29 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q2 2020, down from 31 in Q1 2020.
- Funds reported $20.4M of Direxion Daily Energy Bull 2X ETF stock for Q2 2020, up 145% quarter-over-quarter.
- 12 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q2 2020 and 14 closed out, a net change of -2 holders.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q2 2020 was Citadel Advisors, an estimated $8.33M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q2 2020 was HRT Financial, an estimated $2.71M sold.
Based on aggregated 13F filings for Q2 2020.