Direxion Daily Energy Bear 2X ETF
11 hedge funds and large institutions have $19.7M invested in Direxion Daily Energy Bear 2X ETF in 2014 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 4 closing their positions.
1,429% more call options, than puts
Call options by funds: $12.7M | Put options by funds: $831K
0.02% more ownership
Funds ownership: 0.82% → 0.84% (+0.02%)
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
20% less capital invested
Capital invested by funds: $24.6M → $19.7M (-$4.88M)
21% less funds holding
Funds holding: 14 → 11 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$2.17M |
| 2 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$799K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$177K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$57.5K |
| 5 |
Morgan Stanley
New York
|
+$34K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$3.19M |
| 2 |
Citigroup
New York
|
-$2.13M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$301K |
| 4 |
DS
DRW Securities
Chicago,
Illinois
|
-$245K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$176K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Citigroup
New York
| $6.88M | -$2.13M | -2,000 | -21% |
|
|
CS
2
Credit Suisse
Zurich,
Switzerland
| $5.94M | – | – | – |
|
|
3
BNP Paribas Financial Markets
Paris,
France
| $3.71M | +$2.17M | +2,037 | +78% |
|
|
TH
4
Timber Hill
Greenwich,
Connecticut
| $1.18M | +$799K | +751 | +147% |
|
|
5
Goldman Sachs
New York
| $710K | -$3.19M | -3,001 | -80% |
|
6
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $437K | – | – | – |
|
|
7
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $379K | -$176K | -165 | -29% |
|
|
8
Morgan Stanley
New York
| $196K | +$34K | +32 | +18% |
|
|
9
Citadel Advisors
Miami,
Florida
| $156K | +$177K | +166 | New |
|
|
10
Bank of America
Charlotte,
North Carolina
| $68K | +$57.5K | +54 | +284% |
|
|
U
11
UBS
Zurich,
Switzerland
| $22K | -$41.5K | -39 | -62% |
|
|
VKH
12
Virtu KCG Holdings
New York
| – | -$301K | -299 | Closed |
|
|
DS
13
DRW Securities
Chicago,
Illinois
| – | -$245K | -244 | Closed |
|
14
Barclays
London,
United Kingdom
| – | -$22.3K | -21 | Closed |
|
15
Walleye Trading
New York
| – | -$14K | -14 | Closed |
|
ERY Hedge Fund Activity: Q1 2014 in Review
11 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bear 2X ETF (ERY) for Q1 2014, worth a combined $19.7M — down 20% from $24.6M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of ERY and 1 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 4 added.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $2.17M. The largest seller was Goldman Sachs, cutting an estimated $3.19M.
- 11 institutional investors held Direxion Daily Energy Bear 2X ETF (ERY) as of Q1 2014, down from 14 in Q4 2013.
- Funds reported $19.7M of Direxion Daily Energy Bear 2X ETF stock for Q1 2014, down 20% quarter-over-quarter.
- 1 fund opened new Direxion Daily Energy Bear 2X ETF positions in Q1 2014 and 4 closed out, a net change of -3 holders.
- The largest Direxion Daily Energy Bear 2X ETF buyer in Q1 2014 was BNP Paribas Financial Markets, an estimated $2.17M added.
- The largest Direxion Daily Energy Bear 2X ETF seller in Q1 2014 was Goldman Sachs, an estimated $3.19M sold.
Based on aggregated 13F filings for Q1 2014.