Direxion Daily Energy Bull 2X ETF
ERX
33 hedge funds and large institutions have $35.2M invested in Direxion Daily Energy Bull 2X ETF in 2015 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 13 increasing their positions, 6 reducing their positions, and 6 closing their positions.
117% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 6
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
14% more funds holding
Funds holding: 29 → 33 (+4)
0.03% more ownership
Funds ownership: 0.86% → 0.89% (+0.03%)
14% less capital invested
Capital invested by funds: $40.7M → $35.2M (-$5.54M)
22% less call options, than puts
Call options by funds: $45.7M | Put options by funds: $58.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
+$9.36M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.92M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.77M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
+$1.92M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$1.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.66M |
| 2 |
Morgan Stanley
New York
|
-$835K |
| 3 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$798K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$636K |
| 5 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
-$527K |
ERX Hedge Fund Activity: Q3 2015 in Review
33 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q3 2015, worth a combined $35.2M — down 14% from $40.7M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new ERX positions and 6 closed out — a net gain of 4 holders — while 13 added to existing stakes and 6 trimmed.
The largest buyer was Quantitative Investment Management, opening a new position worth an estimated $9.36M. The largest seller was Jane Street, cutting an estimated $1.66M.
- 33 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q3 2015, up from 29 in Q2 2015.
- Funds reported $35.2M of Direxion Daily Energy Bull 2X ETF stock for Q3 2015, down 14% quarter-over-quarter.
- 10 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q3 2015 and 6 closed out, a net change of +4 holders.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q3 2015 was Quantitative Investment Management, an estimated $9.36M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q3 2015 was Jane Street, an estimated $1.66M sold.
Based on aggregated 13F filings for Q3 2015.