Direxion Daily Energy Bear 2X ETF
13 hedge funds and large institutions have $35.6M invested in Direxion Daily Energy Bear 2X ETF in 2018 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 2 closing their positions.
80% more call options, than puts
Call options by funds: $7.93M | Put options by funds: $4.4M
5.72% more ownership
Funds ownership: 3.17% → 8.89% (+5.7%)
0% more funds holding
Funds holding: 13 → 13 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
36% less capital invested
Capital invested by funds: $55.3M → $35.6M (-$19.7M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$9.67M |
| 2 |
VF
Virtu Financial
New York
|
+$2.02M |
| 3 |
Citigroup
New York
|
+$1.95M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$659K |
| 5 |
Barclays
London,
United Kingdom
|
+$67.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$9.29M |
| 2 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$3.21M |
| 3 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
-$3.01M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$214K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$25K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $19.8M | +$9.67M | +26,022 | +77% |
|
|
2
Citigroup
New York
| $7.39M | +$1.95M | +5,260 | +31% |
|
|
3
SG Americas Securities
New York
| $3.31M | -$9.29M | -25,000 | -71% |
|
|
VF
4
Virtu Financial
New York
| $1.8M | +$2.02M | +5,430 | New |
|
|
5
Citadel Advisors
Miami,
Florida
| $1.05M | +$659K | +1,773 | +128% |
|
6
Goldman Sachs
New York
| $1.01M | – | – | – |
|
|
TH
7
Timber Hill
Greenwich,
Connecticut
| $490K | -$3.21M | -8,630 | -85% |
|
8
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $366K | -$6.69K | -18 | -2% |
|
|
TRCT
9
Tower Research Capital (TRC)
New York
| $231K | -$214K | -575 | -45% |
|
10
Bank of Montreal
Toronto,
Ontario, Canada
| $132K | – | – | – |
|
|
11
Barclays
London,
United Kingdom
| $60K | +$67.2K | +181 | New |
|
|
GWM
12
Geneos Wealth Management
Englewood,
Colorado
| $6K | – | – | – |
|
|
FANJ
13
Financial Architects (New Jersey)
Marlton,
New Jersey
| $1K | – | – | – |
|
|
ACM
14
Avalon Capital Management
Port Of Redwood City,
California
| – | -$3.01M | -5,947 | Closed |
|
|
15
UBS Group
Zurich,
Switzerland
| – | -$25K | -49 | Closed |
|
ERY Hedge Fund Activity: Q2 2018 in Review
13 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bear 2X ETF (ERY) for Q2 2018, worth a combined $35.6M — down 36% from $55.3M a quarter earlier.
Fund positioning in ERY was balanced in Q2 2018: 2 funds opened new positions, 2 closed out, 3 added to existing stakes and 4 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $9.67M. The largest seller was SG Americas Securities, cutting an estimated $9.29M.
- 13 institutional investors held Direxion Daily Energy Bear 2X ETF (ERY) as of Q2 2018, unchanged from Q1 2018.
- Funds reported $35.6M of Direxion Daily Energy Bear 2X ETF stock for Q2 2018, down 36% quarter-over-quarter.
- 2 funds opened new Direxion Daily Energy Bear 2X ETF positions in Q2 2018 and 2 closed out, a net change of 0 holders.
- The largest Direxion Daily Energy Bear 2X ETF buyer in Q2 2018 was Morgan Stanley, an estimated $9.67M added.
- The largest Direxion Daily Energy Bear 2X ETF seller in Q2 2018 was SG Americas Securities, an estimated $9.29M sold.
Based on aggregated 13F filings for Q2 2018.