Direxion Daily Energy Bear 2X ETF
15 hedge funds and large institutions have $3.28M invested in Direxion Daily Energy Bear 2X ETF in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 4 closing their positions.
59% more call options, than puts
Call options by funds: $2.51M | Put options by funds: $1.57M
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
11% more capital invested
Capital invested by funds: $2.96M → $3.28M (+$322K)
7% more funds holding
Funds holding: 14 → 15 (+1)
3.6% more ownership
Funds ownership: 7.42% → 11.02% (+3.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$433K |
| 2 |
Morgan Stanley
New York
|
+$261K |
| 3 |
Squarepoint
New York
|
+$261K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$213K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$141K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$677K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$253K |
| 3 |
JP Morgan Chase
New York
|
-$86.7K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$84K |
| 5 |
WAM
Worth Asset Management
Dallas,
Texas
|
-$66K |
ERY Hedge Fund Activity: Q1 2023 in Review
15 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bear 2X ETF (ERY) for Q1 2023, worth a combined $3.28M — up 11% from $2.96M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new ERY positions and 4 closed out — a net gain of 1 holder — while 5 added to existing stakes and 4 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $433K. The largest seller was Jane Street, exiting entirely with an estimated $677K sold.
- 15 institutional investors held Direxion Daily Energy Bear 2X ETF (ERY) as of Q1 2023, up from 14 in Q4 2022.
- Funds reported $3.28M of Direxion Daily Energy Bear 2X ETF stock for Q1 2023, up 11% quarter-over-quarter.
- 5 funds opened new Direxion Daily Energy Bear 2X ETF positions in Q1 2023 and 4 closed out, a net change of +1 holder.
- The largest Direxion Daily Energy Bear 2X ETF buyer in Q1 2023 was Virtu Financial, an estimated $433K added.
- The largest Direxion Daily Energy Bear 2X ETF seller in Q1 2023 was Jane Street, an estimated $677K sold.
Based on aggregated 13F filings for Q1 2023.