Direxion Daily Energy Bull 2X ETF
ERX
41 hedge funds and large institutions have $39.3M invested in Direxion Daily Energy Bull 2X ETF in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 9 increasing their positions, 15 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
57% more capital invested
Capital invested by funds: $25.1M → $39.3M (+$14.2M)
38% more call options, than puts
Call options by funds: $21.6M | Put options by funds: $15.7M
14% more funds holding
Funds holding: 36 → 41 (+5)
4.31% more ownership
Funds ownership: 6.12% → 10.43% (+4.3%)
40% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Simplex Trading
Chicago,
Illinois
|
+$5.67M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$5.26M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.99M |
| 4 |
GS
GTS Securities
Miami,
Florida
|
+$2.01M |
| 5 |
IMC Chicago
Chicago,
Illinois
|
+$1.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
-$1.19M |
| 2 |
TFA
Toth Financial Advisory
Leesburg,
Virginia
|
-$534K |
| 3 |
Jane Street
New York
|
-$473K |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$348K |
| 5 |
Morgan Stanley
New York
|
-$335K |
ERX Hedge Fund Activity: Q4 2023 in Review
41 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q4 2023, worth a combined $39.3M — up 57% from $25.1M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new ERX positions and 4 closed out — a net gain of 6 holders — while 9 added to existing stakes and 15 trimmed.
The largest buyer was Simplex Trading, opening a new position worth an estimated $5.67M. The largest seller was Wolverine Trading, cutting an estimated $1.19M.
- 41 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q4 2023, up from 36 in Q3 2023.
- Funds reported $39.3M of Direxion Daily Energy Bull 2X ETF stock for Q4 2023, up 57% quarter-over-quarter.
- 10 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q4 2023 and 4 closed out, a net change of +6 holders.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q4 2023 was Simplex Trading, an estimated $5.67M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q4 2023 was Wolverine Trading, an estimated $1.19M sold.
Based on aggregated 13F filings for Q4 2023.