Direxion Daily Energy Bull 2X ETF
ERX
32 hedge funds and large institutions have $37.5M invested in Direxion Daily Energy Bull 2X ETF in 2016 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 5 increasing their positions, 12 reducing their positions, and 11 closing their positions.
0.14% less ownership
Funds ownership: 0.81% → 0.67% (-0.14%)
6% less funds holding
Funds holding: 34 → 32 (-2)
17% less capital invested
Capital invested by funds: $45.3M → $37.5M (-$7.78M)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
28% less call options, than puts
Call options by funds: $63.3M | Put options by funds: $88.2M
58% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HJMC
Hellman Jordan Management Company
Quincy,
Massachusetts
|
+$3.55M |
| 2 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
+$3.05M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
+$1.8M |
| 4 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
+$400K |
| 5 |
PP
Prudential plc
London, England,
United Kingdom
|
+$320K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$8.11M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$3.53M |
| 3 |
VF
Virtu Financial
New York
|
-$2.63M |
| 4 |
Jane Street
New York
|
-$2.6M |
| 5 |
Morgan Stanley
New York
|
-$1.36M |
ERX Hedge Fund Activity: Q4 2016 in Review
32 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q4 2016, worth a combined $37.5M — down 17% from $45.3M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of ERX and 9 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 5 added.
The largest buyer was Hellman Jordan Management Company, opening a new position worth an estimated $3.55M. The largest seller was Susquehanna International Group, cutting an estimated $8.11M.
- 32 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q4 2016, down from 34 in Q3 2016.
- Funds reported $37.5M of Direxion Daily Energy Bull 2X ETF stock for Q4 2016, down 17% quarter-over-quarter.
- 9 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q4 2016 and 11 closed out, a net change of -2 holders.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q4 2016 was Hellman Jordan Management Company, an estimated $3.55M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q4 2016 was Susquehanna International Group, an estimated $8.11M sold.
Based on aggregated 13F filings for Q4 2016.