Direxion Daily Energy Bull 2X ETF
ERX
41 hedge funds and large institutions have $40.2M invested in Direxion Daily Energy Bull 2X ETF in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
60% more capital invested
Capital invested by funds: $25.1M → $40.2M (+$15.1M)
38% more call options, than puts
Call options by funds: $21.6M | Put options by funds: $15.7M
14% more funds holding
Funds holding: 36 → 41 (+5)
4.54% more ownership
Funds ownership: 6.12% → 10.66% (+4.5%)
29% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Simplex Trading
Chicago,
Illinois
|
+$5.67M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$5.26M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.99M |
| 4 |
GS
GTS Securities
New York
|
+$2.01M |
| 5 |
IMC Chicago
Chicago,
Illinois
|
+$1.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
-$1.19M |
| 2 |
TFA
Toth Financial Advisory
Leesburg,
Virginia
|
-$534K |
| 3 |
Jane Street
New York
|
-$473K |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$348K |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$315K |
ERX Hedge Fund Activity: Q4 2023 in Review
41 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q4 2023, worth a combined $40.2M — up 60% from $25.1M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new ERX positions and 4 closed out — a net gain of 6 holders — while 10 added to existing stakes and 14 trimmed.
The largest buyer was Simplex Trading, opening a new position worth an estimated $5.67M. The largest seller was Wolverine Trading, cutting an estimated $1.19M.
- 41 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q4 2023, up from 36 in Q3 2023.
- Funds reported $40.2M of Direxion Daily Energy Bull 2X ETF stock for Q4 2023, up 60% quarter-over-quarter.
- 10 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q4 2023 and 4 closed out, a net change of +6 holders.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q4 2023 was Simplex Trading, an estimated $5.67M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q4 2023 was Wolverine Trading, an estimated $1.19M sold.
Based on aggregated 13F filings for Q4 2023.