Direxion Daily Energy Bull 2X ETF
ERX
31 hedge funds and large institutions have $8.31M invested in Direxion Daily Energy Bull 2X ETF in 2020 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 9 closing their positions.
133% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 9
48% more funds holding
Funds holding: 21 → 31 (+10)
5.39% more ownership
Funds ownership: 0.64% → 6.03% (+5.4%)
5% more call options, than puts
Call options by funds: $7.8M | Put options by funds: $7.45M
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
57% less capital invested
Capital invested by funds: $19.5M → $8.31M (-$11.2M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Creative Planning
Overland Park,
Kansas
|
+$23.4M |
| 2 |
HF
HRT Financial
New York
|
+$21.3M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$6.65M |
| 4 |
RFC
Regions Financial Corp
Birmingham,
Alabama
|
+$5.05M |
| 5 |
JC
Jacobs & Co
San Francisco,
California
|
+$4.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HJMC
Hellman Jordan Management Company
Quincy,
Massachusetts
|
-$5.25M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.82M |
| 3 |
HIS
Harvest Investment Services
Oakbrook Terrace,
Illinois
|
-$958K |
| 4 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
-$291K |
| 5 |
1WA
180 Wealth Advisors
Federal Way,
Washington
|
-$190K |
ERX Hedge Fund Activity: Q1 2020 in Review
31 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q1 2020, worth a combined $8.31M — down 57% from $19.5M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new ERX positions and 9 closed out — a net gain of 12 holders — while 5 added to existing stakes and 5 trimmed.
The largest buyer was Creative Planning, opening a new position worth an estimated $23.4M. The largest seller was Hellman Jordan Management Company, exiting entirely with an estimated $5.25M sold.
- 31 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q1 2020, up from 21 in Q4 2019.
- Funds reported $8.31M of Direxion Daily Energy Bull 2X ETF stock for Q1 2020, down 57% quarter-over-quarter.
- 21 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q1 2020 and 9 closed out, a net change of +12 holders.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q1 2020 was Creative Planning, an estimated $23.4M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q1 2020 was Hellman Jordan Management Company, an estimated $5.25M sold.
Based on aggregated 13F filings for Q1 2020.