Direxion Daily Energy Bear 2X ETF
13 hedge funds and large institutions have $29.1M invested in Direxion Daily Energy Bear 2X ETF in 2018 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 7 reducing their positions, and 3 closing their positions.
15% more call options, than puts
Call options by funds: $8.57M | Put options by funds: $7.45M
2.83% more ownership
Funds ownership: 9.59% → 12.43% (+2.8%)
13% less funds holding
Funds holding: 15 → 13 (-2)
22% less capital invested
Capital invested by funds: $37.4M → $29.1M (-$8.38M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
71% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$860K |
| 2 |
Simplex Trading
Chicago,
Illinois
|
+$137K |
| 3 |
VF
Virtu Financial
New York
|
+$89.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$22M |
| 2 |
SG Americas Securities
New York
|
-$4.84M |
| 3 |
Citigroup
New York
|
-$3.01M |
| 4 |
Goldman Sachs
New York
|
-$1.16M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$267K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Citigroup
New York
| $11.4M | -$3.01M | -6,490 | -27% |
|
|
2
Morgan Stanley
New York
| $8.84M | -$22M | -47,332 | -78% |
|
|
3
Citadel Advisors
Miami,
Florida
| $3.8M | +$860K | +1,852 | +46% |
|
|
TH
4
Timber Hill
Greenwich,
Connecticut
| $1.3M | – | – | – |
|
|
VF
5
Virtu Financial
New York
| $1.17M | +$89.2K | +192 | +12% |
|
6
Jane Street
New York
| $865K | -$229K | -492 | -27% |
|
7
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $729K | -$252K | -542 | -33% |
|
|
TRCT
8
Tower Research Capital (TRC)
New York
| $405K | -$267K | -574 | -48% |
|
|
9
Goldman Sachs
New York
| $360K | -$1.16M | -2,508 | -82% |
|
|
10
Simplex Trading
Chicago,
Illinois
| $191K | +$137K | +295 | New |
|
11
Barclays
London,
United Kingdom
| $13K | -$27.9K | -60 | -74% |
|
|
GWM
12
Geneos Wealth Management
Englewood,
Colorado
| $13K | – | – | – |
|
|
FANJ
13
Financial Architects (New Jersey)
Marlton,
New Jersey
| $2K | – | – | – |
|
|
14
SG Americas Securities
New York
| – | -$4.84M | -15,000 | Closed |
|
15
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$129K | -400 | Closed |
|
16
UBS Group
Zurich,
Switzerland
| – | -$93K | -288 | Closed |
|
ERY Hedge Fund Activity: Q4 2018 in Review
13 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bear 2X ETF (ERY) for Q4 2018, worth a combined $29.1M — down 22% from $37.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of ERY and 1 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 2 added.
The largest buyer was Citadel Advisors, adding an estimated $860K. The largest seller was Morgan Stanley, cutting an estimated $22M.
- 13 institutional investors held Direxion Daily Energy Bear 2X ETF (ERY) as of Q4 2018, down from 15 in Q3 2018.
- Funds reported $29.1M of Direxion Daily Energy Bear 2X ETF stock for Q4 2018, down 22% quarter-over-quarter.
- 1 fund opened new Direxion Daily Energy Bear 2X ETF positions in Q4 2018 and 3 closed out, a net change of -2 holders.
- The largest Direxion Daily Energy Bear 2X ETF buyer in Q4 2018 was Citadel Advisors, an estimated $860K added.
- The largest Direxion Daily Energy Bear 2X ETF seller in Q4 2018 was Morgan Stanley, an estimated $22M sold.
Based on aggregated 13F filings for Q4 2018.