Direxion Daily Energy Bull 2X ETF
ERX
44 hedge funds and large institutions have $32.8M invested in Direxion Daily Energy Bull 2X ETF in 2022 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 11 closing their positions.
303% more call options, than puts
Call options by funds: $74.4M | Put options by funds: $18.5M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.93% less ownership
Funds ownership: 7.47% → 6.55% (-0.93%)
10% less funds holding
Funds holding: 49 → 44 (-5)
13% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 15
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
38% less capital invested
Capital invested by funds: $52.7M → $32.8M (-$19.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
XSC
X-Square Capital
Guaynabo,
Puerto Rico
|
+$5.36M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$5.01M |
| 3 |
MWM
Meridian Wealth Management
Lexington,
Kentucky
|
+$2.67M |
| 4 |
HF
HRT Financial
New York
|
+$1.64M |
| 5 |
QT
Quantbot Technologies
New York
|
+$378K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Cutler Group
San Francisco,
California
|
-$4.69M |
| 2 |
Jane Street
New York
|
-$4.6M |
| 3 |
Squarepoint
New York
|
-$3.18M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.43M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$1.81M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Optiver Holding
Amsterdam,
Netherlands
| – | -$5K | -85 | Closed |
|
|
SBL
52
Sargent Bickham Lagudis
Boulder,
Colorado
| – | -$1K | -14 | Closed |
|
|
FCAS
53
First Command Advisory Services
Fort Worth,
Texas
| – | +$482 | +8 | New |
|
54
National Bank of Canada
Montreal,
Quebec, Canada
| – | +$602 | +10 | New |
|
ERX Hedge Fund Activity: Q2 2022 in Review
44 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q2 2022, worth a combined $32.8M — down 38% from $52.7M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of ERX and 7 opened new positions — a net loss of 4 holders — while 15 trimmed existing stakes and 13 added.
The largest buyer was X-Square Capital, adding an estimated $5.36M. The largest seller was Cutler Group, cutting an estimated $4.69M.
- 44 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q2 2022, down from 49 in Q1 2022.
- Funds reported $32.8M of Direxion Daily Energy Bull 2X ETF stock for Q2 2022, down 38% quarter-over-quarter.
- 7 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q2 2022 and 11 closed out, a net change of -4 holders.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q2 2022 was X-Square Capital, an estimated $5.36M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q2 2022 was Cutler Group, an estimated $4.69M sold.
Based on aggregated 13F filings for Q2 2022.