Direxion Daily Energy Bull 2X ETF
ERX
38 hedge funds and large institutions have $23.9M invested in Direxion Daily Energy Bull 2X ETF in 2022 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 16 reducing their positions, and 11 closing their positions.
164% more call options, than puts
Call options by funds: $27.3M | Put options by funds: $10.3M
0.64% less ownership
Funds ownership: 6.55% → 5.9% (-0.64%)
14% less funds holding
Funds holding: 44 → 38 (-6)
27% less capital invested
Capital invested by funds: $32.8M → $23.9M (-$8.9M)
44% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 16
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$3.46M |
| 2 |
Millennium Management
New York
|
+$2.09M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.09M |
| 4 |
HT
HAP Trading
New York
|
+$635K |
| 5 |
TSS
Two Sigma Securities
New York
|
+$446K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Cutler Group
San Francisco,
California
|
-$4.99M |
| 2 |
Simplex Trading
Chicago,
Illinois
|
-$3.71M |
| 3 |
XSC
X-Square Capital
Guaynabo,
Puerto Rico
|
-$2.51M |
| 4 |
Squarepoint
New York
|
-$2.46M |
| 5 |
Jane Street
New York
|
-$1.89M |
ERX Hedge Fund Activity: Q3 2022 in Review
38 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q3 2022, worth a combined $23.9M — down 27% from $32.8M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of ERX and 5 opened new positions — a net loss of 6 holders — while 16 trimmed existing stakes and 9 added.
The largest buyer was Icon Advisers, opening a new position worth an estimated $3.46M. The largest seller was Cutler Group, cutting an estimated $4.99M.
- 38 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q3 2022, down from 44 in Q2 2022.
- Funds reported $23.9M of Direxion Daily Energy Bull 2X ETF stock for Q3 2022, down 27% quarter-over-quarter.
- 5 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q3 2022 and 11 closed out, a net change of -6 holders.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q3 2022 was Icon Advisers, an estimated $3.46M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q3 2022 was Cutler Group, an estimated $4.99M sold.
Based on aggregated 13F filings for Q3 2022.