Direxion Daily Energy Bear 2X ETF
19 hedge funds and large institutions have $57.2M invested in Direxion Daily Energy Bear 2X ETF in 2015 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 7 closing their positions.
21% more capital invested
Capital invested by funds: $47.4M → $57.2M (+$9.82M)
0.25% less ownership
Funds ownership: 1.63% → 1.37% (-0.25%)
14% less funds holding
Funds holding: 22 → 19 (-3)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
93% less call options, than puts
Call options by funds: $10.2M | Put options by funds: $137M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.14M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$816K |
| 3 |
ICM
Ionic Capital Management
New York
|
+$387K |
| 4 |
PG
PEAK6 Group
Chicago,
Illinois
|
+$277K |
| 5 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$214K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$8.3M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2.74M |
| 3 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$1.36M |
| 4 |
JG
Jefferies Group
New York
|
-$1.11M |
| 5 |
Morgan Stanley
New York
|
-$1.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Walleye Trading
New York
| – | -$2.77K | -2 | Closed |
|
ERY Hedge Fund Activity: Q3 2015 in Review
19 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bear 2X ETF (ERY) for Q3 2015, worth a combined $57.2M — up 21% from $47.4M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of ERY and 4 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 4 added.
The largest buyer was Susquehanna International Group, adding an estimated $2.14M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $8.3M.
- 19 institutional investors held Direxion Daily Energy Bear 2X ETF (ERY) as of Q3 2015, down from 22 in Q2 2015.
- Funds reported $57.2M of Direxion Daily Energy Bear 2X ETF stock for Q3 2015, up 21% quarter-over-quarter.
- 4 funds opened new Direxion Daily Energy Bear 2X ETF positions in Q3 2015 and 7 closed out, a net change of -3 holders.
- The largest Direxion Daily Energy Bear 2X ETF buyer in Q3 2015 was Susquehanna International Group, an estimated $2.14M added.
- The largest Direxion Daily Energy Bear 2X ETF seller in Q3 2015 was BNP Paribas Financial Markets, an estimated $8.3M sold.
Based on aggregated 13F filings for Q3 2015.