Direxion Daily Energy Bull 2X ETF
ERX
14 hedge funds and large institutions have $62.4M invested in Direxion Daily Energy Bull 2X ETF in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 4 closing their positions.
32% more capital invested
Capital invested by funds: $47.3M → $62.4M (+$15.1M)
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
8% more funds holding
Funds holding: 13 → 14 (+1)
0.61% more ownership
Funds ownership: 3.35% → 3.97% (+0.61%)
21% less call options, than puts
Call options by funds: $57M | Put options by funds: $72.1M
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HT
HAP Trading
New York
|
+$4.94M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$4.41M |
| 3 |
Citigroup
New York
|
+$4.13M |
| 4 |
VF
Virtu Financial
New York
|
+$3.56M |
| 5 |
CPSAC
Chas P. Smith & Associates (CPS)
Lakeland,
Florida
|
+$1.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$8.44M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$5.8M |
| 3 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$620K |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$514K |
| 5 |
DS
DRW Securities
Chicago,
Illinois
|
-$343K |
ERX Hedge Fund Activity: Q4 2013 in Review
14 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q4 2013, worth a combined $62.4M — up 32% from $47.3M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new ERX positions and 4 closed out — a net gain of 1 holder — while 3 added to existing stakes and 5 trimmed.
The largest buyer was HAP Trading, opening a new position worth an estimated $4.94M. The largest seller was Goldman Sachs, cutting an estimated $8.44M.
- 14 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q4 2013, up from 13 in Q3 2013.
- Funds reported $62.4M of Direxion Daily Energy Bull 2X ETF stock for Q4 2013, up 32% quarter-over-quarter.
- 5 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q4 2013 and 4 closed out, a net change of +1 holder.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q4 2013 was HAP Trading, an estimated $4.94M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q4 2013 was Goldman Sachs, an estimated $8.44M sold.
Based on aggregated 13F filings for Q4 2013.