Direxion Daily Energy Bear 2X ETF
11 hedge funds and large institutions have $4.84M invested in Direxion Daily Energy Bear 2X ETF in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 11 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
3.38% less ownership
Funds ownership: 5.5% → 2.13% (-3.4%)
32% less call options, than puts
Call options by funds: $3.68M | Put options by funds: $5.45M
39% less funds holding
Funds holding: 18 → 11 (-7)
59% less capital invested
Capital invested by funds: $11.9M → $4.84M (-$7.09M)
64% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$923K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$470K |
| 3 |
Renaissance Technologies
New York
|
+$458K |
| 4 |
Jane Street
New York
|
+$371K |
| 5 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$75.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$786K |
| 2 |
Citigroup
New York
|
-$699K |
| 3 |
Morgan Stanley
New York
|
-$614K |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
-$561K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$491K |
ERY Hedge Fund Activity: Q2 2020 in Review
11 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bear 2X ETF (ERY) for Q2 2020, worth a combined $4.84M — down 59% from $11.9M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of ERY and 4 opened new positions — a net loss of 7 holders — while 1 trimmed existing stakes and 5 added.
The largest buyer was Citadel Advisors, adding an estimated $923K. The largest seller was Timber Hill, exiting entirely with an estimated $786K sold.
- 11 institutional investors held Direxion Daily Energy Bear 2X ETF (ERY) as of Q2 2020, down from 18 in Q1 2020.
- Funds reported $4.84M of Direxion Daily Energy Bear 2X ETF stock for Q2 2020, down 59% quarter-over-quarter.
- 4 funds opened new Direxion Daily Energy Bear 2X ETF positions in Q2 2020 and 11 closed out, a net change of -7 holders.
- The largest Direxion Daily Energy Bear 2X ETF buyer in Q2 2020 was Citadel Advisors, an estimated $923K added.
- The largest Direxion Daily Energy Bear 2X ETF seller in Q2 2020 was Timber Hill, an estimated $786K sold.
Based on aggregated 13F filings for Q2 2020.