Direxion Daily Energy Bull 2X ETF
ERX
41 hedge funds and large institutions have $21.6M invested in Direxion Daily Energy Bull 2X ETF in 2024 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 11 closing their positions.
85% more call options, than puts
Call options by funds: $18.2M | Put options by funds: $9.82M
36% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 11
8% more funds holding
Funds holding: 38 → 41 (+3)
0.11% more ownership
Funds ownership: 8.06% → 8.16% (+0.11%)
12% less capital invested
Capital invested by funds: $24.5M → $21.6M (-$2.88M)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.95M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.2M |
| 3 |
Jane Street
New York
|
+$1.66M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
+$1.29M |
| 5 |
KLCM
KG&L Capital Management
Saint Francisville,
Louisiana
|
+$922K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$3.5M |
| 2 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
-$2.14M |
| 3 |
GS
GTS Securities
New York
|
-$2.02M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$929K |
| 5 |
VF
Virtu Financial
New York
|
-$846K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Simplex Trading
Chicago,
Illinois
| – | -$193K | -3,260 | Closed |
|
|
S
52
SignatureFD
Atlanta,
Georgia
| – | -$1.78K | -30 | Closed |
|
ERX Hedge Fund Activity: Q4 2024 in Review
41 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q4 2024, worth a combined $21.6M — down 12% from $24.5M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new ERX positions and 11 closed out — a net gain of 4 holders — while 7 added to existing stakes and 8 trimmed.
The largest buyer was Envestnet Asset Management, opening a new position worth an estimated $3.95M. The largest seller was HRT Financial, exiting entirely with an estimated $3.5M sold.
- 41 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q4 2024, up from 38 in Q3 2024.
- Funds reported $21.6M of Direxion Daily Energy Bull 2X ETF stock for Q4 2024, down 12% quarter-over-quarter.
- 15 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q4 2024 and 11 closed out, a net change of +4 holders.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q4 2024 was Envestnet Asset Management, an estimated $3.95M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q4 2024 was HRT Financial, an estimated $3.5M sold.
Based on aggregated 13F filings for Q4 2024.