Direxion Daily Energy Bull 2X ETF
ERX
34 hedge funds and large institutions have $25M invested in Direxion Daily Energy Bull 2X ETF in 2023 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 10 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
49% more call options, than puts
Call options by funds: $22.7M | Put options by funds: $15.3M
5% more capital invested
Capital invested by funds: $23.8M → $25M (+$1.17M)
0.66% more ownership
Funds ownership: 5.63% → 6.29% (+0.66%)
8% less funds holding
Funds holding: 37 → 34 (-3)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.94M |
| 2 |
XSC
X-Square Capital
Guaynabo,
Puerto Rico
|
+$1M |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
+$910K |
| 4 |
Goldman Sachs
New York
|
+$583K |
| 5 |
Morgan Stanley
New York
|
+$530K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$1.46M |
| 2 |
JF
Jump Financial
Chicago,
Illinois
|
-$1.1M |
| 3 |
Renaissance Technologies
New York
|
-$816K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$608K |
| 5 |
CG
Cutler Group
San Francisco,
California
|
-$458K |
ERX Hedge Fund Activity: Q2 2023 in Review
34 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q2 2023, worth a combined $25M — up 4.9% from $23.8M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ERX and 7 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 12 added.
The largest buyer was Susquehanna International Group, adding an estimated $1.94M. The largest seller was HRT Financial, exiting entirely with an estimated $1.46M sold.
- 34 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q2 2023, down from 37 in Q1 2023.
- Funds reported $25M of Direxion Daily Energy Bull 2X ETF stock for Q2 2023, up 4.9% quarter-over-quarter.
- 7 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q2 2023 and 10 closed out, a net change of -3 holders.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q2 2023 was Susquehanna International Group, an estimated $1.94M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q2 2023 was HRT Financial, an estimated $1.46M sold.
Based on aggregated 13F filings for Q2 2023.