Direxion Daily Energy Bull 2X ETF

ERX

Market cap $233M

ERX Hedge Fund Activity: Q1 2026 in Review

35 of the 8,130 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q1 2026, worth a combined $42.8M — up 127% from $18.8M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of ERX and 10 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 11 added.

The largest buyer was Jane Street, adding an estimated $7.91M. The largest seller was Envestnet Asset Management, cutting an estimated $3.45M.

• 35 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q1 2026, down from 36 in Q4 2025.
• Funds reported $42.8M of Direxion Daily Energy Bull 2X ETF stock for Q1 2026, up 127% quarter-over-quarter.
• 10 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q1 2026 and 11 closed out, a net change of -1 holder.
• The largest Direxion Daily Energy Bull 2X ETF buyer in Q1 2026 was Jane Street, an estimated $7.91M added.
• The largest Direxion Daily Energy Bull 2X ETF seller in Q1 2026 was Envestnet Asset Management, an estimated $3.45M sold.

Based on aggregated 13F filings for Q1 2026.