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Direxion Daily Gold Miners Index Bear 2X ETF

12 hedge funds and large institutions have $6.36M invested in Direxion Daily Gold Miners Index Bear 2X ETF in 2020 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

36% more call options, than puts

Call options by funds: $28.9M | Put options by funds: $21.3M

0.07% more ownership

Funds ownership: 0%0.07% (+0.07%)

29% less funds holding

Funds holding: 1712 (-5)

45% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 11

59% less capital invested

Capital invested by funds: $15.6M → $6.36M (-$9.2M)

67% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 3

Holders
12
Holders Change
-5
Holders Change %
-29.41%
% of All Funds
0.25%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
1
Reduced
3
Closed
11
Calls
$28.9M
Puts
$21.3M
Net Calls
+$7.59M
Net Calls Change
+$5.92M
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
1
Invesco
Georgia
$2.49M +$3.43M +1,000 New
Citadel Advisors
2
Citadel Advisors
Florida
$1.33M +$1.25M +364 +214%
Susquehanna International Group
3
Susquehanna International Group
Pennsylvania
$895K +$1.24M +360 New
Wolverine Trading
4
Wolverine Trading
Illinois
$639K +$828K +241 New
Renaissance Technologies
5
Renaissance Technologies
New York
$497K +$687K +200 New
Simplex Trading
6
Simplex Trading
Illinois
$380K +$526K +153 New
Bank of America
7
Bank of America
North Carolina
$67K +$92.7K +27 New
CG
8
Cutler Group
California
$17K -$24K -7 -50%
Morgan Stanley
9
Morgan Stanley
New York
$15K -$20.6K -6 -50%
TRCT
10
Tower Research Capital (TRC)
New York
$14K -$3.44K -1 -14%
JP Morgan Chase
11
JP Morgan Chase
New York
$12K
ED
12
Exane Derivatives
France
$11.9K
UBS Group
13
UBS Group
Switzerland
$1K -$24K -7 Closed
HF
14
HRT Financial
New York
-$4.89M -650 Closed
GC
15
GMT Capital
Georgia
-$2.71M -360 Closed
ICM
16
Ionic Capital Management
New York
-$412K -120 Closed
CS
17
Credit Suisse
Switzerland
-$871K -116 Closed
BCV
18
Banque Cantonale Vaudoise
Switzerland
-$336K -45 Closed
TSS
19
Two Sigma Securities
New York
-$318K -42 Closed
IAN
20
Integrated Advisors Network
Texas
-$286K -38 Closed
CIBC World Market
21
CIBC World Market
Ontario, Canada
-$3.48M -19 Closed
FTUS
22
Flow Traders U.S.
New York
-$70K -9 Closed
Barclays
23
Barclays
United Kingdom
-$40K -5 Closed

DUST Hedge Fund Activity: Q2 2020 in Review

12 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bear 2X ETF (DUST) for Q2 2020, worth a combined $6.36M — down 59% from $15.6M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of DUST and 6 opened new positions — a net loss of 5 holders — while 3 trimmed existing stakes and 1 added.

The largest buyer was Invesco, opening a new position worth an estimated $3.43M. The largest seller was HRT Financial, exiting entirely with an estimated $4.89M sold.

  • 12 institutional investors held Direxion Daily Gold Miners Index Bear 2X ETF (DUST) as of Q2 2020, down from 17 in Q1 2020.
  • Funds reported $6.36M of Direxion Daily Gold Miners Index Bear 2X ETF stock for Q2 2020, down 59% quarter-over-quarter.
  • 6 funds opened new Direxion Daily Gold Miners Index Bear 2X ETF positions in Q2 2020 and 11 closed out, a net change of -5 holders.
  • The largest Direxion Daily Gold Miners Index Bear 2X ETF buyer in Q2 2020 was Invesco, an estimated $3.43M added.
  • The largest Direxion Daily Gold Miners Index Bear 2X ETF seller in Q2 2020 was HRT Financial, an estimated $4.89M sold.

Based on aggregated 13F filings for Q2 2020.