Direxion Daily Energy Bear 2X ETF
17 hedge funds and large institutions have $35.5M invested in Direxion Daily Energy Bear 2X ETF in 2015 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 5 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
0.35% less ownership
Funds ownership: 1.39% → 1.04% (-0.35%)
14% less capital invested
Capital invested by funds: $41.4M → $35.5M (-$5.87M)
15% less funds holding
Funds holding: 20 → 17 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
94% less call options, than puts
Call options by funds: $2.38M | Put options by funds: $40.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$2.57M |
| 2 |
VF
Virtu Financial
New York
|
+$1.21M |
| 3 |
SG Americas Securities
New York
|
+$1.07M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$800K |
| 5 |
Jane Street
New York
|
+$378K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$2.69M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2.67M |
| 3 |
Morgan Stanley
New York
|
-$2.27M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$937K |
| 5 |
Barclays
London,
United Kingdom
|
-$921K |
ERY Hedge Fund Activity: Q1 2015 in Review
17 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bear 2X ETF (ERY) for Q1 2015, worth a combined $35.5M — down 14% from $41.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ERY and 2 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 6 added.
The largest buyer was Timber Hill, adding an estimated $2.57M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $2.69M.
- 17 institutional investors held Direxion Daily Energy Bear 2X ETF (ERY) as of Q1 2015, down from 20 in Q4 2014.
- Funds reported $35.5M of Direxion Daily Energy Bear 2X ETF stock for Q1 2015, down 14% quarter-over-quarter.
- 2 funds opened new Direxion Daily Energy Bear 2X ETF positions in Q1 2015 and 5 closed out, a net change of -3 holders.
- The largest Direxion Daily Energy Bear 2X ETF buyer in Q1 2015 was Timber Hill, an estimated $2.57M added.
- The largest Direxion Daily Energy Bear 2X ETF seller in Q1 2015 was BNP Paribas Financial Markets, an estimated $2.69M sold.
Based on aggregated 13F filings for Q1 2015.