Direxion Daily Energy Bull 2X ETF
ERX
34 hedge funds and large institutions have $40.5M invested in Direxion Daily Energy Bull 2X ETF in 2018 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 7 closing their positions.
96% more capital invested
Capital invested by funds: $20.7M → $40.5M (+$19.8M)
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
29% more call options, than puts
Call options by funds: $64M | Put options by funds: $49.6M
17% more funds holding
Funds holding: 29 → 34 (+5)
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
0.4% more ownership
Funds ownership: 0.49% → 0.88% (+0.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
+$8.88M |
| 2 |
HJMC
Hellman Jordan Management Company
Quincy,
Massachusetts
|
+$3.62M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$1.67M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$964K |
| 5 |
VF
Virtu Financial
New York
|
+$529K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.5M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$954K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$853K |
| 4 |
Barclays
London,
United Kingdom
|
-$717K |
| 5 |
SG Americas Securities
New York
|
-$706K |
ERX Hedge Fund Activity: Q2 2018 in Review
34 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q2 2018, worth a combined $40.5M — up 96% from $20.7M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new ERX positions and 7 closed out — a net gain of 5 holders — while 7 added to existing stakes and 6 trimmed.
The largest buyer was Quantitative Investment Management, adding an estimated $8.88M. The largest seller was Morgan Stanley, cutting an estimated $1.5M.
- 34 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q2 2018, up from 29 in Q1 2018.
- Funds reported $40.5M of Direxion Daily Energy Bull 2X ETF stock for Q2 2018, up 96% quarter-over-quarter.
- 12 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q2 2018 and 7 closed out, a net change of +5 holders.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q2 2018 was Quantitative Investment Management, an estimated $8.88M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q2 2018 was Morgan Stanley, an estimated $1.5M sold.
Based on aggregated 13F filings for Q2 2018.