Direxion Daily Energy Bear 2X ETF
15 hedge funds and large institutions have $26.5M invested in Direxion Daily Energy Bear 2X ETF in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
378% more call options, than puts
Call options by funds: $19.8M | Put options by funds: $4.13M
36% more funds holding
Funds holding: 11 → 15 (+4)
0.69% less ownership
Funds ownership: 1.4% → 0.71% (-0.69%)
57% less capital invested
Capital invested by funds: $61.6M → $26.5M (-$35.1M)
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCP
Longbow Capital Partners
New York
|
+$707K |
| 2 |
PCM
Prelude Capital Management
New York
|
+$707K |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$510K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$213K |
| 5 |
Walleye Trading
New York
|
+$29.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$13.2M |
| 2 |
Goldman Sachs
New York
|
-$8.32M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.99M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.13M |
| 5 |
DS
DRW Securities
Chicago,
Illinois
|
-$250K |
ERY Hedge Fund Activity: Q3 2013 in Review
15 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bear 2X ETF (ERY) for Q3 2013, worth a combined $26.5M — down 57% from $61.6M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new ERY positions and 1 closed out — a net gain of 4 holders — while 3 added to existing stakes and 7 trimmed.
The largest buyer was Longbow Capital Partners, opening a new position worth an estimated $707K. The largest seller was Deutsche Bank, cutting an estimated $13.2M.
- 15 institutional investors held Direxion Daily Energy Bear 2X ETF (ERY) as of Q3 2013, up from 11 in Q2 2013.
- Funds reported $26.5M of Direxion Daily Energy Bear 2X ETF stock for Q3 2013, down 57% quarter-over-quarter.
- 5 funds opened new Direxion Daily Energy Bear 2X ETF positions in Q3 2013 and 1 closed out, a net change of +4 holders.
- The largest Direxion Daily Energy Bear 2X ETF buyer in Q3 2013 was Longbow Capital Partners, an estimated $707K added.
- The largest Direxion Daily Energy Bear 2X ETF seller in Q3 2013 was Deutsche Bank, an estimated $13.2M sold.
Based on aggregated 13F filings for Q3 2013.