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Direxion Daily Energy Bear 2X ETF

14 hedge funds and large institutions have $26.1M invested in Direxion Daily Energy Bear 2X ETF in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

582% more call options, than puts

Call options by funds: $13.1M | Put options by funds: $1.93M

100% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 3

31% more capital invested

Capital invested by funds: $19.9M → $26.1M (+$6.2M)

0.26% more ownership

Funds ownership: 0.85%1.11% (+0.26%)

0% more funds holding

Funds holding: 1414 (0)

0% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 4

Holders
14
Holders Change
Holders Change %
0%
% of All Funds
0.41%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
6
Reduced
3
Closed
4
Calls
$13.1M
Puts
$1.93M
Net Calls
+$11.2M
Net Calls Change
-$809K
Name Holding Trade Value Shares
Change
Change in
Stake
BNP Paribas Financial Markets
1
BNP Paribas Financial Markets
France
$5.99M +$898K +1,300 +21%
Citigroup
2
Citigroup
New York
$5.99M -$683K -989 -12%
Goldman Sachs
3
Goldman Sachs
New York
$4.73M +$3.32M +4,803 +480%
CS
4
Credit Suisse
Switzerland
$4.51M -$5.39M -7,802 -59%
Susquehanna International Group
5
Susquehanna International Group
Pennsylvania
$1.85M +$1.57M +2,274 New
TH
6
Timber Hill
Connecticut
$1.35M +$494K +716 +76%
Morgan Stanley
7
Morgan Stanley
New York
$518K +$371K +537 +542%
Deutsche Bank
8
Deutsche Bank
Germany
$380K
TRCT
9
Tower Research Capital (TRC)
New York
$259K +$163K +236 +288%
Citadel Advisors
10
Citadel Advisors
Florida
$218K -$223K -323 -55%
VKH
11
Virtu KCG Holdings
New York
$166K +$141K +204 New
Barclays
12
Barclays
United Kingdom
$50K +$43.5K +63 New
Bank of America
13
Bank of America
North Carolina
$27K +$18.6K +27 +450%
Walleye Trading
14
Walleye Trading
New York
$15K +$12.4K +18 New
QC
15
QCM Cayman
Texas
-$142K -224 Closed
BRWM
16
B. Riley Wealth Management
Tennessee
-$33K -53 Closed
U
17
UBS
Switzerland
-$5.52K -8 Closed
BRWA
18
B. Riley Wealth Advisors
Florida
-$1.34K -2 Closed

ERY Hedge Fund Activity: Q3 2014 in Review

14 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bear 2X ETF (ERY) for Q3 2014, worth a combined $26.1M — up 31% from $19.9M a quarter earlier.

Fund positioning in ERY was balanced in Q3 2014: 4 funds opened new positions, 4 closed out, 6 added to existing stakes and 3 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $3.32M. The largest seller was Credit Suisse, cutting an estimated $5.39M.

  • 14 institutional investors held Direxion Daily Energy Bear 2X ETF (ERY) as of Q3 2014, unchanged from Q2 2014.
  • Funds reported $26.1M of Direxion Daily Energy Bear 2X ETF stock for Q3 2014, up 31% quarter-over-quarter.
  • 4 funds opened new Direxion Daily Energy Bear 2X ETF positions in Q3 2014 and 4 closed out, a net change of 0 holders.
  • The largest Direxion Daily Energy Bear 2X ETF buyer in Q3 2014 was Goldman Sachs, an estimated $3.32M added.
  • The largest Direxion Daily Energy Bear 2X ETF seller in Q3 2014 was Credit Suisse, an estimated $5.39M sold.

Based on aggregated 13F filings for Q3 2014.