Direxion Daily Energy Bull 2X ETF
ERX
30 hedge funds and large institutions have $34.1M invested in Direxion Daily Energy Bull 2X ETF in 2015 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 13 increasing their positions, 5 reducing their positions, and 13 closing their positions.
160% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 5
0.17% less ownership
Funds ownership: 0.89% → 0.72% (-0.17%)
3% less capital invested
Capital invested by funds: $35.2M → $34.1M (-$1.07M)
9% less funds holding
Funds holding: 33 → 30 (-3)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
45% less call options, than puts
Call options by funds: $29.5M | Put options by funds: $54.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$5.21M |
| 2 |
Jane Street
New York
|
+$2.22M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.02M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.89M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
-$3.83M |
| 2 |
BFG
Bouchey Financial Group
Troy,
New York
|
-$3.75M |
| 3 |
SG Americas Securities
New York
|
-$2.02M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.99M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$1.74M |
ERX Hedge Fund Activity: Q4 2015 in Review
30 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q4 2015, worth a combined $34.1M — down 3% from $35.2M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of ERX and 10 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 13 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $5.21M. The largest seller was Quantitative Investment Management, cutting an estimated $3.83M.
- 30 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q4 2015, down from 33 in Q3 2015.
- Funds reported $34.1M of Direxion Daily Energy Bull 2X ETF stock for Q4 2015, down 3% quarter-over-quarter.
- 10 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q4 2015 and 13 closed out, a net change of -3 holders.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q4 2015 was Virtu Financial, an estimated $5.21M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q4 2015 was Quantitative Investment Management, an estimated $3.83M sold.
Based on aggregated 13F filings for Q4 2015.