Direxion Daily Energy Bull 2X ETF
ERX
38 hedge funds and large institutions have $24.5M invested in Direxion Daily Energy Bull 2X ETF in 2024 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 6 closing their positions.
60% more call options, than puts
Call options by funds: $20.4M | Put options by funds: $12.8M
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
20% more capital invested
Capital invested by funds: $20.4M → $24.5M (+$4.13M)
9% more funds holding
Funds holding: 35 → 38 (+3)
2.18% more ownership
Funds ownership: 5.88% → 8.06% (+2.2%)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$3.65M |
| 2 |
GS
GTS Securities
New York
|
+$1.26M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$962K |
| 4 |
VF
Virtu Financial
New York
|
+$882K |
| 5 |
Renaissance Technologies
New York
|
+$835K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.16M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$543K |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
-$497K |
| 4 |
DS
DRW Securities
Chicago,
Illinois
|
-$145K |
| 5 |
TFA
Toth Financial Advisory
Leesburg,
Virginia
|
-$138K |
ERX Hedge Fund Activity: Q3 2024 in Review
38 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q3 2024, worth a combined $24.5M — up 20% from $20.4M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new ERX positions and 6 closed out — a net gain of 3 holders — while 7 added to existing stakes and 10 trimmed.
The largest buyer was HRT Financial, opening a new position worth an estimated $3.65M. The largest seller was Susquehanna International Group, cutting an estimated $1.16M.
- 38 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q3 2024, up from 35 in Q2 2024.
- Funds reported $24.5M of Direxion Daily Energy Bull 2X ETF stock for Q3 2024, up 20% quarter-over-quarter.
- 9 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q3 2024 and 6 closed out, a net change of +3 holders.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q3 2024 was HRT Financial, an estimated $3.65M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q3 2024 was Susquehanna International Group, an estimated $1.16M sold.
Based on aggregated 13F filings for Q3 2024.