We are live on ! Find out more
ERX icon

Direxion Daily Energy Bull 2X ETF
ERX

37 hedge funds and large institutions have $23.8M invested in Direxion Daily Energy Bull 2X ETF in 2023 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 6 increasing their positions, 13 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

47% more call options, than puts

Call options by funds: $26.6M | Put options by funds: $18.2M

0.62% less ownership

Funds ownership: 6.25% → 5.63% (-0.62%)

16% less funds holding

Funds holding: 44 → 37 (-7)

23% less capital invested

Capital invested by funds: $31.1M → $23.8M (-$7.31M)

44% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 16

54% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 13

Holders
37
Holders Change
-7
Holders Change %
-15.91%
% of All Funds
0.59%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
9
Increased
6
Reduced
13
Closed
16
Calls
$26.6M
Puts
$18.2M
Net Calls
+$8.47M
Net Calls Change
-$8.71M

Top Buyers

Rank Fund Capital Flow
1
HF
HRT Financial
New York
+$1.57M
2
JF
Jump Financial
Illinois
+$1.18M
3
TRCT
Tower Research Capital (TRC)
New York
+$1.04M
4
Renaissance Technologies
Renaissance Technologies
New York
+$515K
5
QT
Quantbot Technologies
New York
+$328K

Top Sellers

Rank Fund Capital Flow
1
IMC Chicago
IMC Chicago
Illinois
-$1.59M
2
IA
Icon Advisers
Colorado
-$1.4M
3
Citadel Advisors
Citadel Advisors
Florida
-$1.3M
4
TSS
Two Sigma Securities
New York
-$881K
5
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$850K
Name Holding Trade Value Shares
Change 		Change in
Stake
FDCDDQ
26
Federation des caisses Desjardins du Quebec
Quebec, Canada
$64.1K – – –
HT
27
Headlands Technologies
Illinois
$59.5K +$64.1K +1,021 New
BCV
28
Banque Cantonale Vaudoise
Switzerland
$58K – – –
PNC Financial Services Group
29
PNC Financial Services Group
Pennsylvania
$24.8K – – –
Qube Research & Technologies (QRT)
30
Qube Research & Technologies (QRT)
United Kingdom
$23.8K -$40.8K -649 -61%
Citigroup
31
Citigroup
New York
$23.3K – – –
HI
32
Harbour Investments
Wisconsin
$10.8K – – –
BAM
33
Belpointe Asset Management
Nevada
$10.3K +$11.1K +177 New
LFG
34
Larson Financial Group
Missouri
$8.85K – – –
SWM
35
Spire Wealth Management
Virginia
$1.91K +$63 +1 +3%
UBS Group
36
UBS Group
Switzerland
$990 +$565 +9 +113%
Bank of America
37
Bank of America
North Carolina
$233 -$1.51K -24 -86%
AWM
38
Activest Wealth Management
Florida
$22 – – –
IMC Chicago
39
IMC Chicago
Illinois
– -$1.59M -23,841 Closed
IA
40
Icon Advisers
Colorado
– -$1.4M -21,000 Closed
Millennium Management
41
Millennium Management
New York
– -$718K -10,794 Closed
CHP
42
Cable Hill Partners
Oregon
– -$532K -8,000 Closed
Creative Planning
43
Creative Planning
Kansas
– -$352K -5,288 Closed
HSA
44
HBK Sorce Advisory
Pennsylvania
– -$339K -5,100 Closed
XS
45
XR Securities
Illinois
– -$268K -4,033 Closed
IA
46
IFP Advisors
Florida
– -$23K -2,361 Closed
C
47
Covestor
United Kingdom
– -$81K -1,213 Closed
MCC
48
Money Concepts Capital
Florida
– -$31.7K -476 Closed
RFA
49
Resurgent Financial Advisors
Georgia
– -$29.9K -450 Closed
CAS
50
Coppell Advisory Solutions
Texas
– -$18.2K -273 Closed
1
2
3

ERX Hedge Fund Activity: Q1 2023 in Review

37 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q1 2023, worth a combined $23.8M — down 23% from $31.1M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of ERX and 9 opened new positions — a net loss of 7 holders — while 13 trimmed existing stakes and 6 added.

The largest buyer was HRT Financial, opening a new position worth an estimated $1.57M. The largest seller was IMC Chicago, exiting entirely with an estimated $1.59M sold.

  • 37 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q1 2023, down from 44 in Q4 2022.
  • Funds reported $23.8M of Direxion Daily Energy Bull 2X ETF stock for Q1 2023, down 23% quarter-over-quarter.
  • 9 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q1 2023 and 16 closed out, a net change of -7 holders.
  • The largest Direxion Daily Energy Bull 2X ETF buyer in Q1 2023 was HRT Financial, an estimated $1.57M added.
  • The largest Direxion Daily Energy Bull 2X ETF seller in Q1 2023 was IMC Chicago, an estimated $1.59M sold.

Based on aggregated 13F filings for Q1 2023.