Direxion Daily Energy Bear 2X ETF
18 hedge funds and large institutions have $52.8M invested in Direxion Daily Energy Bear 2X ETF in 2015 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 3 closing their positions.
0.17% more ownership
Funds ownership: 1.37% → 1.54% (+0.17%)
5% less funds holding
Funds holding: 19 → 18 (-1)
8% less capital invested
Capital invested by funds: $57.2M → $52.8M (-$4.39M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
79% less call options, than puts
Call options by funds: $27.3M | Put options by funds: $129M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$7.1M |
| 2 |
Jane Street
New York
|
+$1.99M |
| 3 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$1.3M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$150K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$52.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$4.99M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.43M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$968K |
| 4 |
Barclays
London,
United Kingdom
|
-$536K |
| 5 |
PG
PEAK6 Group
Chicago,
Illinois
|
-$225K |
ERY Hedge Fund Activity: Q4 2015 in Review
18 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bear 2X ETF (ERY) for Q4 2015, worth a combined $52.8M — down 7.7% from $57.2M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of ERY and 2 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 5 added.
The largest buyer was Morgan Stanley, adding an estimated $7.1M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $4.99M.
- 18 institutional investors held Direxion Daily Energy Bear 2X ETF (ERY) as of Q4 2015, down from 19 in Q3 2015.
- Funds reported $52.8M of Direxion Daily Energy Bear 2X ETF stock for Q4 2015, down 7.7% quarter-over-quarter.
- 2 funds opened new Direxion Daily Energy Bear 2X ETF positions in Q4 2015 and 3 closed out, a net change of -1 holder.
- The largest Direxion Daily Energy Bear 2X ETF buyer in Q4 2015 was Morgan Stanley, an estimated $7.1M added.
- The largest Direxion Daily Energy Bear 2X ETF seller in Q4 2015 was BNP Paribas Financial Markets, an estimated $4.99M sold.
Based on aggregated 13F filings for Q4 2015.