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Direxion Daily Energy Bull 2X ETF

40 hedge funds and large institutions have $49.7M invested in Direxion Daily Energy Bull 2X ETF in 2024 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 5 increasing their positions, 16 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

113% more call options, than puts

Call options by funds: $21.3M | Put options by funds: $9.98M

24% more capital invested

Capital invested by funds: $40.2M → $49.7M (+$9.57M)

1.65% more ownership

Funds ownership: 10.66%12.3% (+1.6%)

0% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 8

2% less funds holding

Funds holding: 4140 (-1)

69% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 16

Holders
40
Holders Change
-1
Holders Change %
-2.44%
% of All Funds
0.58%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
5
Reduced
16
Closed
8
Calls
$21.3M
Puts
$9.98M
Net Calls
+$11.3M
Net Calls Change
+$5.36M
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
26
JP Morgan Chase
New York
$53K -$52.9K -898 -55%
FDCDDQ
27
Federation des caisses Desjardins du Quebec
Quebec, Canada
$31.9K
Citigroup
28
Citigroup
New York
$28.3K
PA
29
Parallel Advisors
California
$26.2K
SRCM
30
Signature Resources Capital Management
California
$21.2K
FFA
31
Farther Finance Advisors
California
$16.2K
AIM
32
Anchor Investment Management
South Carolina
$14.2K
HI
33
Harbour Investments
Wisconsin
$13.1K
TRCT
34
Tower Research Capital (TRC)
New York
$12.7K -$1.18M -20,011 -99%
CA
35
CoreCap Advisors
Michigan
$3.54K +$2.94K +50 New
NMM
36
Naples Money Management
Florida
$3.54K +$2.94K +50 New
SWM
37
Spire Wealth Management
Virginia
$2.39K
CG
38
Cutler Group
California
$2K -$38.9K -661 -94%
GRP
39
Global Retirement Partners
California
$1.09K
Fidelity Investments
40
Fidelity Investments
Massachusetts
$71 +$59 +1 New
MWM
41
Meridian Wealth Management
Kentucky
-$2.23M -39,490 Closed
IMC Chicago
42
IMC Chicago
Illinois
-$1.74M -30,692 Closed
Squarepoint
43
Squarepoint
New York
-$1.2M -21,219 Closed
AWE
44
Avidian Wealth Enterprises
Texas
-$227K -4,019 Closed
HCM
45
Hollencrest Capital Management
California
-$19.8K -350 Closed
PWMG
46
Private Wealth Management Group
New Jersey
-$17K -300 Closed
LC
47
Lindbrook Capital
California
-$5.89K -100 Closed
Bank of America
48
Bank of America
North Carolina
-$3.11K -55 Closed

ERX Hedge Fund Activity: Q1 2024 in Review

40 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q1 2024, worth a combined $49.7M — up 24% from $40.2M a quarter earlier.

Fund positioning in ERX was balanced in Q1 2024: 8 funds opened new positions, 8 closed out, 5 added to existing stakes and 16 trimmed.

The largest buyer was Jane Street, adding an estimated $14.8M. The largest seller was Simplex Trading, cutting an estimated $3.9M.

  • 40 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q1 2024, down from 41 in Q4 2023.
  • Funds reported $49.7M of Direxion Daily Energy Bull 2X ETF stock for Q1 2024, up 24% quarter-over-quarter.
  • 8 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q1 2024 and 8 closed out, a net change of 0 holders.
  • The largest Direxion Daily Energy Bull 2X ETF buyer in Q1 2024 was Jane Street, an estimated $14.8M added.
  • The largest Direxion Daily Energy Bull 2X ETF seller in Q1 2024 was Simplex Trading, an estimated $3.9M sold.

Based on aggregated 13F filings for Q1 2024.