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Direxion Daily Gold Miners Index Bear 2X ETF

16 hedge funds and large institutions have $11.9M invested in Direxion Daily Gold Miners Index Bear 2X ETF in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.1% less ownership

Funds ownership: 0.22%0.13% (-0.1%)

23% less call options, than puts

Call options by funds: $3.85M | Put options by funds: $5.04M

24% less funds holding

Funds holding: 2116 (-5)

40% less capital invested

Capital invested by funds: $19.9M → $11.9M (-$8.03M)

56% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 9

71% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 7

Holders
16
Holders Change
-5
Holders Change %
-23.81%
% of All Funds
0.25%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
4
Reduced
9
Closed
7
Calls
$3.85M
Puts
$5.04M
Net Calls
-$1.18M
Net Calls Change
+$333K
Name Holding Trade Value Shares
Change
Change in
Stake
HF
1
HRT Financial
New York
$6.89M +$1.15M +886 +16%
Susquehanna International Group
2
Susquehanna International Group
Pennsylvania
$1.03M -$429K -331 -26%
VF
3
Virtu Financial
New York
$1.03M -$469K -362 -27%
Citadel Advisors
4
Citadel Advisors
Florida
$955K -$1.19M -916 -51%
Squarepoint
5
Squarepoint
New York
$608K +$732K +565 New
Barclays
6
Barclays
United Kingdom
$550K +$661K +510 +51,000%
TSS
7
Two Sigma Securities
New York
$208K -$746K -576 -75%
Simplex Trading
8
Simplex Trading
Illinois
$202K +$244K +188 New
Jane Street
9
Jane Street
New York
$132K -$664K -513 -81%
Goldman Sachs
10
Goldman Sachs
New York
$111K -$258K -199 -66%
UBS Group
11
UBS Group
Switzerland
$61.1K -$280K -216 -79%
Morgan Stanley
12
Morgan Stanley
New York
$48.1K +$36.3K +28 +165%
CG
13
Cutler Group
California
$21K -$57K -44 -69%
Qube Research & Technologies (QRT)
14
Qube Research & Technologies (QRT)
United Kingdom
$8.82K +$7.77K +6 +300%
TRCT
15
Tower Research Capital (TRC)
New York
$3K -$25.9K -20 -87%
JP Morgan Chase
16
JP Morgan Chase
New York
$2K
Bank of America
17
Bank of America
North Carolina
$54
Fidelity Investments
18
Fidelity Investments
Massachusetts
$11
National Bank of Canada
19
National Bank of Canada
Quebec, Canada
-$1.26M -864 Closed
JF
20
Jump Financial
Illinois
-$923K -630 Closed
Bank of Montreal
21
Bank of Montreal
Ontario, Canada
-$68.2K -46 Closed
HT
22
Headlands Technologies
Illinois
-$40K -28 Closed
IA
23
IFP Advisors
Florida
-$16K -5 Closed
CAS
24
Coppell Advisory Solutions
Texas
-$1.26K -1 Closed
CASC
25
Coppell Advisory Solutions Corp
Texas
-$1.26K -1 Closed

DUST Hedge Fund Activity: Q1 2023 in Review

16 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bear 2X ETF (DUST) for Q1 2023, worth a combined $11.9M — down 40% from $19.9M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of DUST and 2 opened new positions — a net loss of 5 holders — while 9 trimmed existing stakes and 4 added.

The largest buyer was HRT Financial, adding an estimated $1.15M. The largest seller was National Bank of Canada, exiting entirely with an estimated $1.26M sold.

  • 16 institutional investors held Direxion Daily Gold Miners Index Bear 2X ETF (DUST) as of Q1 2023, down from 21 in Q4 2022.
  • Funds reported $11.9M of Direxion Daily Gold Miners Index Bear 2X ETF stock for Q1 2023, down 40% quarter-over-quarter.
  • 2 funds opened new Direxion Daily Gold Miners Index Bear 2X ETF positions in Q1 2023 and 7 closed out, a net change of -5 holders.
  • The largest Direxion Daily Gold Miners Index Bear 2X ETF buyer in Q1 2023 was HRT Financial, an estimated $1.15M added.
  • The largest Direxion Daily Gold Miners Index Bear 2X ETF seller in Q1 2023 was National Bank of Canada, an estimated $1.26M sold.

Based on aggregated 13F filings for Q1 2023.