Direxion Daily Oil Services Bull 2X Shares
ONG was delisted on the 21st of April, 2023.
5 hedge funds and large institutions have $3.58M invested in Direxion Daily Oil Services Bull 2X Shares in 2022 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 2 closing their positions.
0% more funds holding
Funds holding: 5 → 5 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
10% less capital invested
Capital invested by funds: $3.97M → $3.58M (-$386K)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$183K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$52.1K |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$5.53K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.33M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$939K |
| 3 |
Citigroup
New York
|
-$604K |
| 4 |
JP Morgan Chase
New York
|
-$19.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
JP Morgan Chase
New York
| $1.84M | -$19.6K | -584 | -1% |
|
|
TRCT
2
Tower Research Capital (TRC)
New York
| $1.43M | -$1.33M | -39,586 | -51% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $204K | +$183K | +5,469 | New |
|
|
4
UBS Group
Zurich,
Switzerland
| $107K | +$52.1K | +1,555 | +118% |
|
|
5
Simplex Trading
Chicago,
Illinois
| $6K | +$5.53K | +165 | New |
|
|
6
Bank of America
Charlotte,
North Carolina
| – | -$939K | -50,000 | Closed |
|
|
7
Citigroup
New York
| – | -$604K | -32,179 | Closed |
|
ONG Hedge Fund Activity: Q4 2022 in Review
5 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Oil Services Bull 2X Shares (ONG) for Q4 2022, worth a combined $3.58M — down 9.7% from $3.97M a quarter earlier.
Fund positioning in ONG was balanced in Q4 2022: 2 funds opened new positions, 2 closed out, 1 added to existing stakes and 2 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $183K. The largest seller was Tower Research Capital (TRC), cutting an estimated $1.33M.
- 5 institutional investors held Direxion Daily Oil Services Bull 2X Shares (ONG) as of Q4 2022, unchanged from Q3 2022.
- Funds reported $3.58M of Direxion Daily Oil Services Bull 2X Shares stock for Q4 2022, down 9.7% quarter-over-quarter.
- 2 funds opened new Direxion Daily Oil Services Bull 2X Shares positions in Q4 2022 and 2 closed out, a net change of 0 holders.
- The largest Direxion Daily Oil Services Bull 2X Shares buyer in Q4 2022 was Susquehanna International Group, an estimated $183K added.
- The largest Direxion Daily Oil Services Bull 2X Shares seller in Q4 2022 was Tower Research Capital (TRC), an estimated $1.33M sold.
Based on aggregated 13F filings for Q4 2022.