Direxion Daily Gold Miners Index Bear 2X ETF
DUST
14 hedge funds and large institutions have $6.42M invested in Direxion Daily Gold Miners Index Bear 2X ETF in 2025 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 7 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 3
20% more call options, than puts
Call options by funds: $7.44M | Put options by funds: $6.21M
22% less funds holding
Funds holding: 18 → 14 (-4)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
66.94% less ownership
Funds ownership: 91.35% → 24.41% (-67%)
86% less capital invested
Capital invested by funds: $45.9M → $6.42M (-$39.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QC
Quadrature Capital
London,
United Kingdom
|
+$1.14M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.01M |
| 3 |
TSS
Two Sigma Securities
New York
|
+$709K |
| 4 |
GS
GTS Securities
Miami,
Florida
|
+$168K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$101K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$12.5M |
| 2 |
Jane Street
New York
|
-$10.7M |
| 3 |
JF
Jump Financial
Chicago,
Illinois
|
-$4.13M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.94M |
| 5 |
HW
Hamilton Wealth
Encino,
California
|
-$371K |
DUST Hedge Fund Activity: Q1 2025 in Review
14 of the 7,476 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bear 2X ETF (DUST) for Q1 2025, worth a combined $6.42M — down 86% from $45.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of DUST and 3 opened new positions — a net loss of 4 holders — while 3 trimmed existing stakes and 6 added.
The largest buyer was Quadrature Capital, opening a new position worth an estimated $1.14M. The largest seller was Virtu Financial, exiting entirely with an estimated $12.5M sold.
- 14 institutional investors held Direxion Daily Gold Miners Index Bear 2X ETF (DUST) as of Q1 2025, down from 18 in Q4 2024.
- Funds reported $6.42M of Direxion Daily Gold Miners Index Bear 2X ETF stock for Q1 2025, down 86% quarter-over-quarter.
- 3 funds opened new Direxion Daily Gold Miners Index Bear 2X ETF positions in Q1 2025 and 7 closed out, a net change of -4 holders.
- The largest Direxion Daily Gold Miners Index Bear 2X ETF buyer in Q1 2025 was Quadrature Capital, an estimated $1.14M added.
- The largest Direxion Daily Gold Miners Index Bear 2X ETF seller in Q1 2025 was Virtu Financial, an estimated $12.5M sold.
Based on aggregated 13F filings for Q1 2025.