Direxion Daily Energy Bear 2X ETF
14 hedge funds and large institutions have $24.6M invested in Direxion Daily Energy Bear 2X ETF in 2013 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 4 closing their positions.
277% more call options, than puts
Call options by funds: $14.1M | Put options by funds: $3.75M
0.11% more ownership
Funds ownership: 0.71% → 0.82% (+0.11%)
7% less funds holding
Funds holding: 15 → 14 (-1)
7% less capital invested
Capital invested by funds: $26.5M → $24.6M (-$1.92M)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$6.71M |
| 2 |
Goldman Sachs
New York
|
+$2.11M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$1.23M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.11M |
| 5 |
DS
DRW Securities
Chicago,
Illinois
|
+$273K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.36M |
| 2 |
VF
Virtu Financial
New York
|
-$1.64M |
| 3 |
LCP
Longbow Capital Partners
New York
|
-$676K |
| 4 |
PCM
Prelude Capital Management
New York
|
-$676K |
| 5 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$665K |
ERY Hedge Fund Activity: Q4 2013 in Review
14 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bear 2X ETF (ERY) for Q4 2013, worth a combined $24.6M — down 7.3% from $26.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of ERY and 3 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 5 added.
The largest buyer was Citigroup, adding an estimated $6.71M. The largest seller was Deutsche Bank, cutting an estimated $3.36M.
- 14 institutional investors held Direxion Daily Energy Bear 2X ETF (ERY) as of Q4 2013, down from 15 in Q3 2013.
- Funds reported $24.6M of Direxion Daily Energy Bear 2X ETF stock for Q4 2013, down 7.3% quarter-over-quarter.
- 3 funds opened new Direxion Daily Energy Bear 2X ETF positions in Q4 2013 and 4 closed out, a net change of -1 holder.
- The largest Direxion Daily Energy Bear 2X ETF buyer in Q4 2013 was Citigroup, an estimated $6.71M added.
- The largest Direxion Daily Energy Bear 2X ETF seller in Q4 2013 was Deutsche Bank, an estimated $3.36M sold.
Based on aggregated 13F filings for Q4 2013.