Direxion Daily Oil Services Bull 2X Shares
ONG was delisted on the 21st of April, 2023.
4 hedge funds and large institutions have $2.28M invested in Direxion Daily Oil Services Bull 2X Shares in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 2 closing their positions.
20% less funds holding
Funds holding: 5 → 4 (-1)
36% less capital invested
Capital invested by funds: $3.58M → $2.28M (-$1.3M)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$63.9K |
| 2 |
CWAF
Core Wealth Advisors (Florida)
Lakeland,
Florida
|
+$6.14K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$512K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$204K |
| 3 |
JP Morgan Chase
New York
|
-$12K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
JP Morgan Chase
New York
| $1.43M | -$12K | -324 | -0.7% |
|
|
TRCT
2
Tower Research Capital (TRC)
New York
| $713K | -$512K | -13,832 | -36% |
|
|
3
UBS Group
Zurich,
Switzerland
| $134K | +$63.9K | +1,726 | +60% |
|
|
CWAF
4
Core Wealth Advisors (Florida)
Lakeland,
Florida
| $4.84K | +$6.14K | +166 | New |
|
|
5
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$204K | -5,469 | Closed |
|
|
6
Simplex Trading
Chicago,
Illinois
| – | -$6K | -165 | Closed |
|
ONG Hedge Fund Activity: Q1 2023 in Review
4 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Oil Services Bull 2X Shares (ONG) for Q1 2023, worth a combined $2.28M — down 36% from $3.58M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of ONG and 1 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 1 added.
The largest buyer was UBS Group, adding an estimated $63.9K. The largest seller was Tower Research Capital (TRC), cutting an estimated $512K.
- 4 institutional investors held Direxion Daily Oil Services Bull 2X Shares (ONG) as of Q1 2023, down from 5 in Q4 2022.
- Funds reported $2.28M of Direxion Daily Oil Services Bull 2X Shares stock for Q1 2023, down 36% quarter-over-quarter.
- 1 fund opened new Direxion Daily Oil Services Bull 2X Shares positions in Q1 2023 and 2 closed out, a net change of -1 holder.
- The largest Direxion Daily Oil Services Bull 2X Shares buyer in Q1 2023 was UBS Group, an estimated $63.9K added.
- The largest Direxion Daily Oil Services Bull 2X Shares seller in Q1 2023 was Tower Research Capital (TRC), an estimated $512K sold.
Based on aggregated 13F filings for Q1 2023.