Direxion Daily Energy Bear 2X ETF
10 hedge funds and large institutions have $20.2M invested in Direxion Daily Energy Bear 2X ETF in 2019 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 5 closing their positions.
221% more call options, than puts
Call options by funds: $13.8M | Put options by funds: $4.29M
6% more capital invested
Capital invested by funds: $19M → $20.2M (+$1.2M)
2.19% more ownership
Funds ownership: 7.28% → 9.46% (+2.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
23% less funds holding
Funds holding: 13 → 10 (-3)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$1.52M |
| 2 |
Jane Street
New York
|
+$644K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$390K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$32.2K |
| 5 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$2.17K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$1M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$931K |
| 3 |
VF
Virtu Financial
New York
|
-$265K |
| 4 |
Morgan Stanley
New York
|
-$153K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$87.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Citigroup
New York
| $4.3M | -$1M | -2,305 | -18% |
|
2
SG Americas Securities
New York
| $4.2M | – | – | – |
|
|
3
Morgan Stanley
New York
| $3.8M | -$153K | -351 | -4% |
|
|
4
Citadel Advisors
Miami,
Florida
| $3.36M | +$32.2K | +74 | +0.9% |
|
|
5
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.64M | +$390K | +897 | +30% |
|
|
6
IMC Chicago
Chicago,
Illinois
| $1.47M | +$1.52M | +3,503 | New |
|
|
TH
7
Timber Hill
Greenwich,
Connecticut
| $839K | +$2.17K | +5 | +0.3% |
|
|
8
Jane Street
New York
| $621K | +$644K | +1,481 | New |
|
|
9
UBS Group
Zurich,
Switzerland
| $12K | -$87.4K | -201 | -87% |
|
|
TRCT
10
Tower Research Capital (TRC)
New York
| $8K | -$931K | -2,141 | -99% |
|
|
VF
11
Virtu Financial
New York
| – | -$265K | -669 | Closed |
|
12
Barclays
London,
United Kingdom
| – | -$9.13K | -21 | Closed |
|
|
GWM
13
Geneos Wealth Management
Englewood,
Colorado
| – | -$7K | -20 | Closed |
|
|
CG
14
Cutler Group
San Francisco,
California
| – | -$4.35K | -10 | Closed |
|
|
FANJ
15
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$1K | -2 | Closed |
|
ERY Hedge Fund Activity: Q2 2019 in Review
10 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bear 2X ETF (ERY) for Q2 2019, worth a combined $20.2M — up 6.3% from $19M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ERY and 2 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 3 added.
The largest buyer was IMC Chicago, opening a new position worth an estimated $1.52M. The largest seller was Citigroup, cutting an estimated $1M.
- 10 institutional investors held Direxion Daily Energy Bear 2X ETF (ERY) as of Q2 2019, down from 13 in Q1 2019.
- Funds reported $20.2M of Direxion Daily Energy Bear 2X ETF stock for Q2 2019, up 6.3% quarter-over-quarter.
- 2 funds opened new Direxion Daily Energy Bear 2X ETF positions in Q2 2019 and 5 closed out, a net change of -3 holders.
- The largest Direxion Daily Energy Bear 2X ETF buyer in Q2 2019 was IMC Chicago, an estimated $1.52M added.
- The largest Direxion Daily Energy Bear 2X ETF seller in Q2 2019 was Citigroup, an estimated $1M sold.
Based on aggregated 13F filings for Q2 2019.