Direxion Daily Energy Bull 2X ETF
ERX
38 hedge funds and large institutions have $35.2M invested in Direxion Daily Energy Bull 2X ETF in 2021 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
52% more capital invested
Capital invested by funds: $23.2M → $35.2M (+$12M)
46% more call options, than puts
Call options by funds: $30M | Put options by funds: $20.5M
19% more funds holding
Funds holding: 32 → 38 (+6)
0.32% more ownership
Funds ownership: 5.36% → 5.68% (+0.32%)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$4.94M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.68M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$2.15M |
| 4 |
XSC
X-Square Capital
Guaynabo,
Puerto Rico
|
+$1.95M |
| 5 |
SCP
Silverleafe Capital Partners
Germantown,
Tennessee
|
+$1.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$4.85M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$4.69M |
| 3 |
HF
HRT Financial
New York
|
-$4.51M |
| 4 |
VF
Virtu Financial
New York
|
-$1.58M |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$743K |
ERX Hedge Fund Activity: Q1 2021 in Review
38 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q1 2021, worth a combined $35.2M — up 52% from $23.2M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new ERX positions and 6 closed out — a net gain of 6 holders — while 7 added to existing stakes and 9 trimmed.
The largest buyer was Icon Advisers, opening a new position worth an estimated $4.94M. The largest seller was Citadel Advisors, cutting an estimated $4.85M.
- 38 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q1 2021, up from 32 in Q4 2020.
- Funds reported $35.2M of Direxion Daily Energy Bull 2X ETF stock for Q1 2021, up 52% quarter-over-quarter.
- 12 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q1 2021 and 6 closed out, a net change of +6 holders.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q1 2021 was Icon Advisers, an estimated $4.94M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q1 2021 was Citadel Advisors, an estimated $4.85M sold.
Based on aggregated 13F filings for Q1 2021.