Direxion Daily Energy Bear 2X ETF
16 hedge funds and large institutions have $23.5M invested in Direxion Daily Energy Bear 2X ETF in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 8 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
0.99% less ownership
Funds ownership: 1.54% → 0.56% (-0.99%)
11% less funds holding
Funds holding: 18 → 16 (-2)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
56% less capital invested
Capital invested by funds: $52.8M → $23.5M (-$29.3M)
80% less call options, than puts
Call options by funds: $17.3M | Put options by funds: $87.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$4.66M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$1.5M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.03M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$708K |
| 5 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$183K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$12M |
| 2 |
Morgan Stanley
New York
|
-$8.59M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.42M |
| 4 |
Jane Street
New York
|
-$2.46M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.64M |
ERY Hedge Fund Activity: Q1 2016 in Review
16 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bear 2X ETF (ERY) for Q1 2016, worth a combined $23.5M — down 56% from $52.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of ERY and 6 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 5 added.
The largest buyer was Citigroup, adding an estimated $4.66M. The largest seller was Goldman Sachs, cutting an estimated $12M.
- 16 institutional investors held Direxion Daily Energy Bear 2X ETF (ERY) as of Q1 2016, down from 18 in Q4 2015.
- Funds reported $23.5M of Direxion Daily Energy Bear 2X ETF stock for Q1 2016, down 56% quarter-over-quarter.
- 6 funds opened new Direxion Daily Energy Bear 2X ETF positions in Q1 2016 and 8 closed out, a net change of -2 holders.
- The largest Direxion Daily Energy Bear 2X ETF buyer in Q1 2016 was Citigroup, an estimated $4.66M added.
- The largest Direxion Daily Energy Bear 2X ETF seller in Q1 2016 was Goldman Sachs, an estimated $12M sold.
Based on aggregated 13F filings for Q1 2016.