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Direxion Daily Energy Bull 2X ETF
ERX

44 hedge funds and large institutions have $32.8M invested in Direxion Daily Energy Bull 2X ETF in 2022 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

303% more call options, than puts

Call options by funds: $74.4M | Put options by funds: $18.5M

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

0.93% less ownership

Funds ownership: 7.47% → 6.55% (-0.93%)

10% less funds holding

Funds holding: 49 → 44 (-5)

13% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 15

36% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 11

38% less capital invested

Capital invested by funds: $52.7M → $32.8M (-$19.8M)

Holders
44
Holders Change
-5
Holders Change %
-10.2%
% of All Funds
0.74%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
7
Increased
13
Reduced
15
Closed
11
Calls
$74.4M
Puts
$18.5M
Net Calls
+$55.9M
Net Calls Change
-$36.7M

Top Buyers

Rank Fund Capital Flow
1
XSC
X-Square Capital
Puerto Rico
+$5.36M
2
Citadel Advisors
Citadel Advisors
Florida
+$5.01M
3
MWM
Meridian Wealth Management
Kentucky
+$2.67M
4
HF
HRT Financial
New York
+$1.64M
5
QT
Quantbot Technologies
New York
+$378K

Top Sellers

Rank Fund Capital Flow
1
CG
Cutler Group
California
-$4.69M
2
Jane Street
Jane Street
New York
-$4.6M
3
Squarepoint
Squarepoint
New York
-$3.18M
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$2.43M
5
FTUS
Flow Traders U.S.
New York
-$1.81M
Name Holding Trade Value Shares
Change 		Change in
Stake
Osaic Holdings
26
Osaic Holdings
Arizona
$28K -$723 -12 -2%
CAPTRUST Financial Advisors
27
CAPTRUST Financial Advisors
North Carolina
$28K – – –
Bank of America
28
Bank of America
North Carolina
$23K -$784K -13,013 -96%
PNC Financial Services Group
29
PNC Financial Services Group
Pennsylvania
$20K – – –
Royal Bank of Canada
30
Royal Bank of Canada
Ontario, Canada
$20K +$25.5K +424 New
IA
31
IFP Advisors
Florida
$18K – – –
AIP
32
Ahrens Investment Partners
Louisiana
$16K – – –
Barclays
33
Barclays
United Kingdom
$13K +$11.9K +198 +275%
ZIG
34
Zullo Investment Group
Pennsylvania
$12K – – –
FDCDDQ
35
Federation des caisses Desjardins du Quebec
Quebec, Canada
$9.39K – – –
EIP
36
Ellis Investment Partners
Pennsylvania
$9K +$60 +1 +0.5%
HI
37
Harbour Investments
Wisconsin
$9K +$11.1K +185 New
SWM
38
Spire Wealth Management
Virginia
$2K +$60 +1 +3%
GRP
39
Global Retirement Partners
California
$2K +$602 +10 +45%
Fidelity Investments
40
Fidelity Investments
Massachusetts
$2K +$2.53K +42 New
CTC
41
Central Trust Company
Missouri
$1K – – –
Susquehanna International Group
42
Susquehanna International Group
Pennsylvania
– -$2.43M -40,283 Closed
Wolverine Trading
43
Wolverine Trading
Illinois
– -$450K -7,468 Closed
Millennium Management
44
Millennium Management
New York
– -$357K -6,427 Closed
AFP
45
Ausdal Financial Partners
Iowa
– -$311K -5,601 Closed
VWM
46
Vigilare Wealth Management
Arizona
– -$272K -4,911 Closed
BIM
47
Bullseye Investment Management
Ohio
– -$234K -4,220 Closed
COCM
48
Charter Oak Capital Management
New Hampshire
– -$28K -2,000 Closed
JFA
49
JNBA Financial Advisors
Minnesota
– -$24K -436 Closed
TRCT
50
Tower Research Capital (TRC)
New York
– -$13K -243 Closed
1
2
3

ERX Hedge Fund Activity: Q2 2022 in Review

44 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q2 2022, worth a combined $32.8M — down 38% from $52.7M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of ERX and 7 opened new positions — a net loss of 4 holders — while 15 trimmed existing stakes and 13 added.

The largest buyer was X-Square Capital, adding an estimated $5.36M. The largest seller was Cutler Group, cutting an estimated $4.69M.

  • 44 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q2 2022, down from 49 in Q1 2022.
  • Funds reported $32.8M of Direxion Daily Energy Bull 2X ETF stock for Q2 2022, down 38% quarter-over-quarter.
  • 7 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q2 2022 and 11 closed out, a net change of -4 holders.
  • The largest Direxion Daily Energy Bull 2X ETF buyer in Q2 2022 was X-Square Capital, an estimated $5.36M added.
  • The largest Direxion Daily Energy Bull 2X ETF seller in Q2 2022 was Cutler Group, an estimated $4.69M sold.

Based on aggregated 13F filings for Q2 2022.