Direxion Daily Energy Bull 2X ETF
ERX
34 hedge funds and large institutions have $7.08M invested in Direxion Daily Energy Bull 2X ETF in 2020 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
84% more call options, than puts
Call options by funds: $17.9M | Put options by funds: $9.73M
17% more funds holding
Funds holding: 29 → 34 (+5)
2.44% less ownership
Funds ownership: 5.27% → 2.83% (-2.4%)
55% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 11
65% less capital invested
Capital invested by funds: $20.4M → $7.08M (-$13.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$611K |
| 2 |
Morgan Stanley
New York
|
+$160K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$49.1K |
| 4 |
F
F3Logic
Burnsville,
Minnesota
|
+$46K |
| 5 |
XSC
X-Square Capital
Guaynabo,
Puerto Rico
|
+$21.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$3.86M |
| 2 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
-$1.27M |
| 3 |
IWA
Intercontinental Wealth Advisors
San Antonio,
Texas
|
-$1.04M |
| 4 |
Creative Planning
Overland Park,
Kansas
|
-$785K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$614K |
ERX Hedge Fund Activity: Q3 2020 in Review
34 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q3 2020, worth a combined $7.08M — down 65% from $20.4M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new ERX positions and 4 closed out — a net gain of 5 holders — while 5 added to existing stakes and 11 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $611K. The largest seller was Citadel Advisors, cutting an estimated $3.86M.
- 34 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q3 2020, up from 29 in Q2 2020.
- Funds reported $7.08M of Direxion Daily Energy Bull 2X ETF stock for Q3 2020, down 65% quarter-over-quarter.
- 9 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q3 2020 and 4 closed out, a net change of +5 holders.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q3 2020 was Susquehanna International Group, an estimated $611K added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q3 2020 was Citadel Advisors, an estimated $3.86M sold.
Based on aggregated 13F filings for Q3 2020.