Direxion Daily Energy Bull 2X ETF
ERX
36 hedge funds and large institutions have $25.1M invested in Direxion Daily Energy Bull 2X ETF in 2023 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 6 closing their positions.
70% more call options, than puts
Call options by funds: $34.4M | Put options by funds: $20.3M
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
6% more funds holding
Funds holding: 34 → 36 (+2)
0% more capital invested
Capital invested by funds: $25M → $25.1M (+$120K)
0.17% less ownership
Funds ownership: 6.29% → 6.12% (-0.17%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TFA
Toth Financial Advisory
Leesburg,
Virginia
|
+$1.07M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
+$1.02M |
| 3 |
Jane Street
New York
|
+$736K |
| 4 |
TSS
Two Sigma Securities
New York
|
+$654K |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$385K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.01M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.74M |
| 3 |
GS
GTS Securities
New York
|
-$893K |
| 4 |
Goldman Sachs
New York
|
-$845K |
| 5 |
Squarepoint
New York
|
-$784K |
ERX Hedge Fund Activity: Q3 2023 in Review
36 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q3 2023, worth a combined $25.1M — up 0.48% from $25M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new ERX positions and 6 closed out — a net gain of 3 holders — while 11 added to existing stakes and 7 trimmed.
The largest buyer was Toth Financial Advisory, adding an estimated $1.07M. The largest seller was Susquehanna International Group, cutting an estimated $4.01M.
- 36 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q3 2023, up from 34 in Q2 2023.
- Funds reported $25.1M of Direxion Daily Energy Bull 2X ETF stock for Q3 2023, up 0.48% quarter-over-quarter.
- 9 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q3 2023 and 6 closed out, a net change of +3 holders.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q3 2023 was Toth Financial Advisory, an estimated $1.07M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q3 2023 was Susquehanna International Group, an estimated $4.01M sold.
Based on aggregated 13F filings for Q3 2023.