Direxion Daily Energy Bear 2X ETF
14 hedge funds and large institutions have $17.3M invested in Direxion Daily Energy Bear 2X ETF in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 7 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
7% more capital invested
Capital invested by funds: $16.2M → $17.3M (+$1.08M)
0.15% more ownership
Funds ownership: 0.37% → 0.53% (+0.15%)
26% less funds holding
Funds holding: 19 → 14 (-5)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
64% less call options, than puts
Call options by funds: $5.84M | Put options by funds: $16.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$3.81M |
| 2 |
SG Americas Securities
New York
|
+$2.87M |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
+$661K |
| 4 |
Morgan Stanley
New York
|
+$487K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$444K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$2.3M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$731K |
| 3 |
Barclays
London,
United Kingdom
|
-$198K |
| 4 |
Walleye Trading
New York
|
-$108K |
| 5 |
EWM
Edge Wealth Management
New York
|
-$68K |
ERY Hedge Fund Activity: Q3 2016 in Review
14 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bear 2X ETF (ERY) for Q3 2016, worth a combined $17.3M — up 6.6% from $16.2M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of ERY and 3 opened new positions — a net loss of 4 holders — while 3 trimmed existing stakes and 5 added.
The largest buyer was Timber Hill, adding an estimated $3.81M. The largest seller was Goldman Sachs, exiting entirely with an estimated $2.3M sold.
- 14 institutional investors held Direxion Daily Energy Bear 2X ETF (ERY) as of Q3 2016, down from 19 in Q2 2016.
- Funds reported $17.3M of Direxion Daily Energy Bear 2X ETF stock for Q3 2016, up 6.6% quarter-over-quarter.
- 3 funds opened new Direxion Daily Energy Bear 2X ETF positions in Q3 2016 and 7 closed out, a net change of -4 holders.
- The largest Direxion Daily Energy Bear 2X ETF buyer in Q3 2016 was Timber Hill, an estimated $3.81M added.
- The largest Direxion Daily Energy Bear 2X ETF seller in Q3 2016 was Goldman Sachs, an estimated $2.3M sold.
Based on aggregated 13F filings for Q3 2016.