Direxion Daily Energy Bull 2X ETF
ERX
21 hedge funds and large institutions have $27.7M invested in Direxion Daily Energy Bull 2X ETF in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
99% more capital invested
Capital invested by funds: $13.9M → $27.7M (+$13.8M)
31% more funds holding
Funds holding: 16 → 21 (+5)
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
24% more call options, than puts
Call options by funds: $20.9M | Put options by funds: $16.9M
0.56% more ownership
Funds ownership: 0.39% → 0.95% (+0.56%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HJMC
Hellman Jordan Management Company
Quincy,
Massachusetts
|
+$10.1M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$7.33M |
| 3 |
VF
Virtu Financial
New York
|
+$679K |
| 4 |
IMC Chicago
Chicago,
Illinois
|
+$521K |
| 5 |
XS
XR Securities
Chicago,
Illinois
|
+$400K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.56M |
| 2 |
Barclays
London,
United Kingdom
|
-$286K |
| 3 |
HIS
Harvest Investment Services
Oakbrook Terrace,
Illinois
|
-$108K |
| 4 |
Citigroup
New York
|
-$64.2K |
| 5 |
TPWA
TRUE Private Wealth Advisors
Salem,
Oregon
|
-$10.1K |
ERX Hedge Fund Activity: Q3 2019 in Review
21 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q3 2019, worth a combined $27.7M — up 99% from $13.9M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new ERX positions and 3 closed out — a net gain of 5 holders — while 5 added to existing stakes and 4 trimmed.
The largest buyer was Hellman Jordan Management Company, opening a new position worth an estimated $10.1M. The largest seller was Tower Research Capital (TRC), cutting an estimated $1.56M.
- 21 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q3 2019, up from 16 in Q2 2019.
- Funds reported $27.7M of Direxion Daily Energy Bull 2X ETF stock for Q3 2019, up 99% quarter-over-quarter.
- 8 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q3 2019 and 3 closed out, a net change of +5 holders.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q3 2019 was Hellman Jordan Management Company, an estimated $10.1M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q3 2019 was Tower Research Capital (TRC), an estimated $1.56M sold.
Based on aggregated 13F filings for Q3 2019.