Direxion Daily Energy Bull 2X ETF
ERX
35 hedge funds and large institutions have $42.8M invested in Direxion Daily Energy Bull 2X ETF in 2026 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 11 closing their positions.
133% more capital invested
Capital invested by funds: $18.4M → $42.8M (+$24.4M)
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
54% more call options, than puts
Call options by funds: $34.4M | Put options by funds: $22.3M
3.79% more ownership
Funds ownership: 8.73% → 12.52% (+3.8%)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
3% less funds holding
Funds holding: 36 → 35 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$7.91M |
| 2 |
QC
Quadrature Capital
London,
United Kingdom
|
+$5.22M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.53M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$897K |
| 5 |
TSS
Two Sigma Securities
New York
|
+$666K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.45M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$2.1M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.87M |
| 4 |
GS
GTS Securities
Miami,
Florida
|
-$1.23M |
| 5 |
Squarepoint
New York
|
-$939K |
ERX Hedge Fund Activity: Q1 2026 in Review
35 of the 8,191 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bull 2X ETF (ERX) for Q1 2026, worth a combined $42.8M — up 133% from $18.4M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of ERX and 10 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 11 added.
The largest buyer was Jane Street, adding an estimated $7.91M. The largest seller was Envestnet Asset Management, cutting an estimated $3.45M.
- 35 institutional investors held Direxion Daily Energy Bull 2X ETF (ERX) as of Q1 2026, down from 36 in Q4 2025.
- Funds reported $42.8M of Direxion Daily Energy Bull 2X ETF stock for Q1 2026, up 133% quarter-over-quarter.
- 10 funds opened new Direxion Daily Energy Bull 2X ETF positions in Q1 2026 and 11 closed out, a net change of -1 holder.
- The largest Direxion Daily Energy Bull 2X ETF buyer in Q1 2026 was Jane Street, an estimated $7.91M added.
- The largest Direxion Daily Energy Bull 2X ETF seller in Q1 2026 was Envestnet Asset Management, an estimated $3.45M sold.
Based on aggregated 13F filings for Q1 2026.