Direxion Daily Energy Bear 2X ETF
13 hedge funds and large institutions have $5.2M invested in Direxion Daily Energy Bear 2X ETF in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 4 closing their positions.
73% more call options, than puts
Call options by funds: $3.08M | Put options by funds: $1.78M
59% more capital invested
Capital invested by funds: $3.28M → $5.2M (+$1.92M)
9.53% more ownership
Funds ownership: 11.02% → 20.55% (+9.5%)
13% less funds holding
Funds holding: 15 → 13 (-2)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$273K |
| 2 |
Goldman Sachs
New York
|
+$257K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$96.6K |
| 4 |
CG
Cutler Group
San Francisco,
California
|
+$9.44K |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$2.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$610K |
| 2 |
Morgan Stanley
New York
|
-$280K |
| 3 |
Squarepoint
New York
|
-$266K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$129K |
| 5 |
VF
Virtu Financial
New York
|
-$109K |
ERY Hedge Fund Activity: Q2 2023 in Review
13 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Energy Bear 2X ETF (ERY) for Q2 2023, worth a combined $5.2M — up 59% from $3.28M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of ERY and 2 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 4 added.
The largest buyer was Susquehanna International Group, adding an estimated $273K. The largest seller was Citadel Advisors, cutting an estimated $610K.
- 13 institutional investors held Direxion Daily Energy Bear 2X ETF (ERY) as of Q2 2023, down from 15 in Q1 2023.
- Funds reported $5.2M of Direxion Daily Energy Bear 2X ETF stock for Q2 2023, up 59% quarter-over-quarter.
- 2 funds opened new Direxion Daily Energy Bear 2X ETF positions in Q2 2023 and 4 closed out, a net change of -2 holders.
- The largest Direxion Daily Energy Bear 2X ETF buyer in Q2 2023 was Susquehanna International Group, an estimated $273K added.
- The largest Direxion Daily Energy Bear 2X ETF seller in Q2 2023 was Citadel Advisors, an estimated $610K sold.
Based on aggregated 13F filings for Q2 2023.