We are live on ! Find out more
ERX icon

Direxion Daily Energy Bull 2X ETF
ERX

38 hedge funds and large institutions have $24.5M invested in Direxion Daily Energy Bull 2X ETF in 2024 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more call options, than puts

Call options by funds: $20.4M | Put options by funds: $12.8M

50% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 6

20% more capital invested

Capital invested by funds: $20.4M → $24.5M (+$4.13M)

9% more funds holding

Funds holding: 35 → 38 (+3)

2.18% more ownership

Funds ownership: 5.88% → 8.06% (+2.2%)

30% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 10

Holders
38
Holders Change
+3
Holders Change %
+8.57%
% of All Funds
0.55%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
9
Increased
7
Reduced
10
Closed
6
Calls
$20.4M
Puts
$12.8M
Net Calls
+$7.61M
Net Calls Change
+$750K

Top Buyers

Rank Fund Capital Flow
1
HF
HRT Financial
New York
+$3.65M
2
GS
GTS Securities
New York
+$1.26M
3
TRCT
Tower Research Capital (TRC)
New York
+$962K
4
VF
Virtu Financial
New York
+$882K
5
Renaissance Technologies
Renaissance Technologies
New York
+$835K

Top Sellers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$1.16M
2
Citadel Advisors
Citadel Advisors
Florida
-$543K
3
Wolverine Trading
Wolverine Trading
Illinois
-$497K
4
DS
DRW Securities
Illinois
-$145K
5
TFA
Toth Financial Advisory
Virginia
-$138K
Name Holding Trade Value Shares
Change 		Change in
Stake
FFA
26
Farther Finance Advisors
California
$13.3K – – –
AIM
27
Anchor Investment Management
South Carolina
$11.9K – – –
HI
28
Harbour Investments
Wisconsin
$11K – – –
TSMHT
29
Thurston Springer Miller Herd & Titak
Indiana
$10.4K -$10.8K -175 -50%
CAS
30
Coppell Advisory Solutions
Texas
$7.71K – – –
JP Morgan Chase
31
JP Morgan Chase
New York
$4.57K -$38.5K -623 -89%
PA
32
Parallel Advisors
California
$4.15K – – –
IA
33
IFP Advisors
Florida
$4.15K +$2.78K +45 +180%
SWM
34
Spire Wealth Management
Virginia
$2.02K – – –
S
35
SignatureFD
Georgia
$1.78K +$1.85K +30 New
Osaic Holdings
36
Osaic Holdings
Arizona
$1.42K +$1.48K +24 New
WGS
37
Washington Growth Strategies
District of Columbia
$658 +$2.72K +44 New
US Bancorp
38
US Bancorp
Minnesota
$119 – – –
Wolverine Trading
39
Wolverine Trading
Illinois
– -$497K -8,038 Closed
BCV
40
Banque Cantonale Vaudoise
Switzerland
– -$65K -1,000 Closed
HT
41
Headlands Technologies
Illinois
– -$4.43K -68 Closed
UBS Group
42
UBS Group
Switzerland
– -$1.18K -19 Closed
GRP
43
Global Retirement Partners
California
– -$1K -15 Closed
Bank of America
44
Bank of America
North Carolina
– -$325 -5 Closed
1
2

ERX Hedge Fund Activity: Q3 2024 in Review

38 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q3 2024, worth a combined $24.5M — up 20% from $20.4M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new ERX positions and 6 closed out — a net gain of 3 holders — while 7 added to existing stakes and 10 trimmed.

The largest buyer was HRT Financial, opening a new position worth an estimated $3.65M. The largest seller was Susquehanna International Group, cutting an estimated $1.16M.

  • 38 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q3 2024, up from 35 in Q2 2024.
  • Funds reported $24.5M of Direxion Daily Energy Bull 2X ETF stock for Q3 2024, up 20% quarter-over-quarter.
  • 9 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q3 2024 and 6 closed out, a net change of +3 holders.
  • The largest Direxion Daily Energy Bull 2X ETF buyer in Q3 2024 was HRT Financial, an estimated $3.65M added.
  • The largest Direxion Daily Energy Bull 2X ETF seller in Q3 2024 was Susquehanna International Group, an estimated $1.16M sold.

Based on aggregated 13F filings for Q3 2024.