Direxion Daily Energy Bull 2X ETF
ERX
40 hedge funds and large institutions have $49.7M invested in Direxion Daily Energy Bull 2X ETF in 2024 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 5 increasing their positions, 16 reducing their positions, and 8 closing their positions.
113% more call options, than puts
Call options by funds: $21.3M | Put options by funds: $9.98M
27% more capital invested
Capital invested by funds: $39.3M → $49.7M (+$10.4M)
1.88% more ownership
Funds ownership: 10.43% → 12.3% (+1.9%)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
2% less funds holding
Funds holding: 41 → 40 (-1)
69% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$14.8M |
| 2 |
Renaissance Technologies
New York
|
+$1.59M |
| 3 |
HF
HRT Financial
New York
|
+$1.1M |
| 4 |
QC
Quadrature Capital
London,
United Kingdom
|
+$1.01M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$651K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Simplex Trading
Chicago,
Illinois
|
-$3.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$3.64M |
| 3 |
MWM
Meridian Wealth Management
Lexington,
Kentucky
|
-$2.23M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
-$1.74M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.38M |
ERX Hedge Fund Activity: Q1 2024 in Review
40 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q1 2024, worth a combined $49.7M — up 27% from $39.3M a quarter earlier.
Fund positioning in ERX was balanced in Q1 2024: 8 funds opened new positions, 8 closed out, 5 added to existing stakes and 16 trimmed.
The largest buyer was Jane Street, adding an estimated $14.8M. The largest seller was Simplex Trading, cutting an estimated $3.9M.
- 40 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q1 2024, down from 41 in Q4 2023.
- Funds reported $49.7M of Direxion Daily Energy Bull 2X ETF stock for Q1 2024, up 27% quarter-over-quarter.
- 8 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q1 2024 and 8 closed out, a net change of 0 holders.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q1 2024 was Jane Street, an estimated $14.8M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q1 2024 was Simplex Trading, an estimated $3.9M sold.
Based on aggregated 13F filings for Q1 2024.