Direxion Daily NYSE FANG+ Bull 2X ETF
FNGG
7 hedge funds and large institutions have $3.03M invested in Direxion Daily NYSE FANG+ Bull 2X ETF in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 0 reducing their positions, and 3 closing their positions.
429% more capital invested
Capital invested by funds: $572K → $3.03M (+$2.46M)
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
20.61% more ownership
Funds ownership: 0.65% → 21.26% (+21%)
17% more funds holding
Funds holding: 6 → 7 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.16M |
| 2 |
Goldman Sachs
New York
|
+$529K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$113K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$33K |
| 5 |
Group One Trading
Chicago,
Illinois
|
+$15.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFS
Howard Financial Services
Dallas,
Texas
|
-$92.1K |
| 2 |
Jane Street
New York
|
-$75.1K |
| 3 |
CG
Cutler Group
San Francisco,
California
|
-$4.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.69M | +$1.16M | +29,017 | +689% |
|
|
2
Goldman Sachs
New York
| $673K | +$529K | +13,232 | New |
|
3
JP Morgan Chase
New York
| $254K | – | – | – |
|
|
4
Citadel Advisors
Miami,
Florida
| $247K | +$33K | +825 | +21% |
|
|
5
UBS Group
Zurich,
Switzerland
| $144K | +$113K | +2,838 | New |
|
|
6
Group One Trading
Chicago,
Illinois
| $19.2K | +$15.1K | +377 | New |
|
7
Morgan Stanley
New York
| $51 | +$40 | +1 | New |
|
|
HFS
8
Howard Financial Services
Dallas,
Texas
| – | -$92.1K | -3,028 | Closed |
|
|
9
Jane Street
New York
| – | -$75.1K | -2,469 | Closed |
|
|
CG
10
Cutler Group
San Francisco,
California
| – | -$4.8K | -120 | Closed |
|
FNGG Hedge Fund Activity: Q1 2023 in Review
7 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily NYSE FANG+ Bull 2X ETF (FNGG) for Q1 2023, worth a combined $3.03M — up 429% from $572K a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FNGG positions and 3 closed out — a net gain of 1 holder — while 2 added to existing stakes and 0 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $1.16M. The largest seller was Howard Financial Services, exiting entirely with an estimated $92.1K sold.
- 7 institutional investors held Direxion Daily NYSE FANG+ Bull 2X ETF (FNGG) as of Q1 2023, up from 6 in Q4 2022.
- Funds reported $3.03M of Direxion Daily NYSE FANG+ Bull 2X ETF stock for Q1 2023, up 429% quarter-over-quarter.
- 4 funds opened new Direxion Daily NYSE FANG+ Bull 2X ETF positions in Q1 2023 and 3 closed out, a net change of +1 holder.
- The largest Direxion Daily NYSE FANG+ Bull 2X ETF buyer in Q1 2023 was Susquehanna International Group, an estimated $1.16M added.
- The largest Direxion Daily NYSE FANG+ Bull 2X ETF seller in Q1 2023 was Howard Financial Services, an estimated $92.1K sold.
Based on aggregated 13F filings for Q1 2023.