Direxion Daily Energy Bull 2X ETF
ERX
17 hedge funds and large institutions have $62.1M invested in Direxion Daily Energy Bull 2X ETF in 2014 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
26% more capital invested
Capital invested by funds: $49.2M → $62.1M (+$12.9M)
13% more funds holding
Funds holding: 15 → 17 (+2)
0.35% less ownership
Funds ownership: 3.43% → 3.08% (-0.35%)
54% less call options, than puts
Call options by funds: $44.4M | Put options by funds: $97.4M
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.04M |
| 2 |
AP
Advisors Preferred
Rockville,
Maryland
|
+$1.96M |
| 3 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$1.47M |
| 4 |
RHBC
R.H. Bluestein & Co
Birmingham,
Michigan
|
+$1.13M |
| 5 |
Walleye Trading
New York
|
+$477K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$5.48M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$3.5M |
| 3 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
-$2.82M |
| 4 |
Goldman Sachs
New York
|
-$1.29M |
| 5 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
-$633K |
ERX Hedge Fund Activity: Q2 2014 in Review
17 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q2 2014, worth a combined $62.1M — up 26% from $49.2M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new ERX positions and 6 closed out — a net gain of 2 holders — while 2 added to existing stakes and 6 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $5.04M. The largest seller was Citigroup, cutting an estimated $5.48M.
- 17 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q2 2014, up from 15 in Q1 2014.
- Funds reported $62.1M of Direxion Daily Energy Bull 2X ETF stock for Q2 2014, up 26% quarter-over-quarter.
- 8 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q2 2014 and 6 closed out, a net change of +2 holders.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q2 2014 was Susquehanna International Group, an estimated $5.04M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q2 2014 was Citigroup, an estimated $5.48M sold.
Based on aggregated 13F filings for Q2 2014.