Direxion Daily Energy Bull 2X ETF
ERX
28 hedge funds and large institutions have $33.3M invested in Direxion Daily Energy Bull 2X ETF in 2017 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 12 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
0% more call options, than puts
Call options by funds: $54.4M | Put options by funds: $54.3M
0.04% less ownership
Funds ownership: 0.67% → 0.63% (-0.04%)
11% less capital invested
Capital invested by funds: $37.5M → $33.3M (-$4.26M)
13% less funds holding
Funds holding: 32 → 28 (-4)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
+$8.13M |
| 2 |
Morgan Stanley
New York
|
+$3.81M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.96M |
| 4 |
Jane Street
New York
|
+$1.74M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
-$3.42M |
| 2 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$3.3M |
| 3 |
Goldman Sachs
New York
|
-$2.77M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$1.77M |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
-$917K |
ERX Hedge Fund Activity: Q1 2017 in Review
28 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q1 2017, worth a combined $33.3M — down 11% from $37.5M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of ERX and 10 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 8 added.
The largest buyer was Nomura Holdings, adding an estimated $8.13M. The largest seller was Quantitative Investment Management, exiting entirely with an estimated $3.42M sold.
- 28 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q1 2017, down from 32 in Q4 2016.
- Funds reported $33.3M of Direxion Daily Energy Bull 2X ETF stock for Q1 2017, down 11% quarter-over-quarter.
- 10 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q1 2017 and 12 closed out, a net change of -2 holders.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q1 2017 was Nomura Holdings, an estimated $8.13M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q1 2017 was Quantitative Investment Management, an estimated $3.42M sold.
Based on aggregated 13F filings for Q1 2017.