Direxion Daily Energy Bull 2X ETF
ERX
41 hedge funds and large institutions have $31.8M invested in Direxion Daily Energy Bull 2X ETF in 2021 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 7 increasing their positions, 13 reducing their positions, and 7 closing their positions.
44% more call options, than puts
Call options by funds: $46.3M | Put options by funds: $32.2M
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
8% more funds holding
Funds holding: 38 → 41 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.83% less ownership
Funds ownership: 5.68% → 4.85% (-0.83%)
10% less capital invested
Capital invested by funds: $35.2M → $31.8M (-$3.41M)
46% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
XSC
X-Square Capital
Guaynabo,
Puerto Rico
|
+$1.97M |
| 2 |
CG
Cutler Group
San Francisco,
California
|
+$1.8M |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
+$776K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$721K |
| 5 |
Jane Street
New York
|
+$707K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$6.8M |
| 2 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$5.53M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
-$1.13M |
| 4 |
HF
HRT Financial
New York
|
-$1.02M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$902K |
ERX Hedge Fund Activity: Q2 2021 in Review
41 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q2 2021, worth a combined $31.8M — down 9.7% from $35.2M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new ERX positions and 7 closed out — a net gain of 3 holders — while 7 added to existing stakes and 13 trimmed.
The largest buyer was X-Square Capital, adding an estimated $1.97M. The largest seller was Susquehanna International Group, cutting an estimated $6.8M.
- 41 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q2 2021, up from 38 in Q1 2021.
- Funds reported $31.8M of Direxion Daily Energy Bull 2X ETF stock for Q2 2021, down 9.7% quarter-over-quarter.
- 10 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q2 2021 and 7 closed out, a net change of +3 holders.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q2 2021 was X-Square Capital, an estimated $1.97M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q2 2021 was Susquehanna International Group, an estimated $6.8M sold.
Based on aggregated 13F filings for Q2 2021.