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Direxion Daily Energy Bear 2X ETF

20 hedge funds and large institutions have $41.4M invested in Direxion Daily Energy Bear 2X ETF in 2014 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 2

115% more call options, than puts

Call options by funds: $20.6M | Put options by funds: $9.58M

59% more capital invested

Capital invested by funds: $26.1M → $41.4M (+$15.3M)

43% more funds holding

Funds holding: 1420 (+6)

0.28% more ownership

Funds ownership: 1.11%1.39% (+0.28%)

17% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 6

Holders
20
Holders Change
+6
Holders Change %
+42.86%
% of All Funds
0.53%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
5
Reduced
6
Closed
2
Calls
$20.6M
Puts
$9.58M
Net Calls
+$11M
Net Calls Change
-$194K
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
1
Goldman Sachs
New York
$11.7M +$5.31M +5,313 +92%
Citigroup
2
Citigroup
New York
$6.94M -$734K -734 -10%
BNP Paribas Financial Markets
3
BNP Paribas Financial Markets
France
$6.25M -$1.4M -1,400 -19%
TRCT
4
Tower Research Capital (TRC)
New York
$3M +$2.53M +2,536 +797%
Morgan Stanley
5
Morgan Stanley
New York
$2.72M +$1.95M +1,951 +307%
CS
6
Credit Suisse
Switzerland
$2.45M -$3.2M -3,198 -58%
Barclays
7
Barclays
United Kingdom
$1.58M +$1.45M +1,447 +2,297%
TH
8
Timber Hill
Connecticut
$1.41M -$325K -325 -20%
Susquehanna International Group
9
Susquehanna International Group
Pennsylvania
$1.22M -$1.11M -1,108 -49%
VF
10
Virtu Financial
New York
$1.19M +$1.13M +1,133 New
SG Americas Securities
11
SG Americas Securities
New York
$1.05M +$1,000K +1,000 New
Deutsche Bank
12
Deutsche Bank
Germany
$489K
Jane Street
13
Jane Street
New York
$462K +$440K +440 New
CT
14
CMT Trading
Illinois
$314K +$299K +299 New
Citadel Advisors
15
Citadel Advisors
Florida
$237K -$41K -41 -15%
WAM
16
Wolverine Asset Management
Illinois
$163K +$156K +156 New
Bank of America
17
Bank of America
North Carolina
$105K +$67K +67 +203%
PG
18
PEAK6 Group
Illinois
$105K +$100K +100 New
UBS Group
19
UBS Group
Switzerland
$6K +$6K +6 New
BRWA
20
B. Riley Wealth Advisors
Florida
$2 +$2K +2 New
VKH
21
Virtu KCG Holdings
New York
-$166K -204 Closed
Walleye Trading
22
Walleye Trading
New York
-$18K -18 Closed

ERY Hedge Fund Activity: Q4 2014 in Review

20 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bear 2X ETF (ERY) for Q4 2014, worth a combined $41.4M — up 59% from $26.1M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new ERY positions and 2 closed out — a net gain of 6 holders — while 5 added to existing stakes and 6 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $5.31M. The largest seller was Credit Suisse, cutting an estimated $3.2M.

  • 20 institutional investors held Direxion Daily Energy Bear 2X ETF (ERY) as of Q4 2014, up from 14 in Q3 2014.
  • Funds reported $41.4M of Direxion Daily Energy Bear 2X ETF stock for Q4 2014, up 59% quarter-over-quarter.
  • 8 funds opened new Direxion Daily Energy Bear 2X ETF positions in Q4 2014 and 2 closed out, a net change of +6 holders.
  • The largest Direxion Daily Energy Bear 2X ETF buyer in Q4 2014 was Goldman Sachs, an estimated $5.31M added.
  • The largest Direxion Daily Energy Bear 2X ETF seller in Q4 2014 was Credit Suisse, an estimated $3.2M sold.

Based on aggregated 13F filings for Q4 2014.