Direxion Daily NYSE FANG+ Bull 2X ETF
FNGG
7 hedge funds and large institutions have $3.51M invested in Direxion Daily NYSE FANG+ Bull 2X ETF in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 0 increasing their positions, 3 reducing their positions, and 3 closing their positions.
16% more capital invested
Capital invested by funds: $3.03M → $3.51M (+$485K)
0% more funds holding
Funds holding: 7 → 7 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
5.03% less ownership
Funds ownership: 21.26% → 16.23% (-5%)
100% less call options, than puts
Call options by funds: $1K | Put options by funds: $724K
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFS
Howard Financial Services
Dallas,
Texas
|
+$181K |
| 2 |
CG
Cutler Group
San Francisco,
California
|
+$38.8K |
| 3 |
GRP
Global Retirement Partners
San Rafael,
California
|
+$5.08K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$375K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$247K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$199K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$144K |
| 5 |
Group One Trading
Chicago,
Illinois
|
-$19.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $2.31M | -$199K | -3,337 | -10% |
|
|
2
Goldman Sachs
New York
| $538K | -$375K | -6,277 | -47% |
|
3
JP Morgan Chase
New York
| $373K | -$10.5K | -175 | -4% |
|
|
HFS
4
Howard Financial Services
Dallas,
Texas
| $234K | +$181K | +3,028 | New |
|
|
CG
5
Cutler Group
San Francisco,
California
| $50K | +$38.8K | +650 | New |
|
|
GRP
6
Global Retirement Partners
San Rafael,
California
| $6.58K | +$5.08K | +85 | New |
|
7
Morgan Stanley
New York
| $77 | – | – | – |
|
|
8
Citadel Advisors
Miami,
Florida
| – | -$247K | -4,848 | Closed |
|
|
9
UBS Group
Zurich,
Switzerland
| – | -$144K | -2,838 | Closed |
|
|
10
Group One Trading
Chicago,
Illinois
| – | -$19.2K | -377 | Closed |
|
FNGG Hedge Fund Activity: Q2 2023 in Review
7 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily NYSE FANG+ Bull 2X ETF (FNGG) for Q2 2023, worth a combined $3.51M — up 16% from $3.03M a quarter earlier.
Fund positioning in FNGG was balanced in Q2 2023: 3 funds opened new positions, 3 closed out, 0 added to existing stakes and 3 trimmed.
The largest buyer was Howard Financial Services, opening a new position worth an estimated $181K. The largest seller was Goldman Sachs, cutting an estimated $375K.
- 7 institutional investors held Direxion Daily NYSE FANG+ Bull 2X ETF (FNGG) as of Q2 2023, unchanged from Q1 2023.
- Funds reported $3.51M of Direxion Daily NYSE FANG+ Bull 2X ETF stock for Q2 2023, up 16% quarter-over-quarter.
- 3 funds opened new Direxion Daily NYSE FANG+ Bull 2X ETF positions in Q2 2023 and 3 closed out, a net change of 0 holders.
- The largest Direxion Daily NYSE FANG+ Bull 2X ETF buyer in Q2 2023 was Howard Financial Services, an estimated $181K added.
- The largest Direxion Daily NYSE FANG+ Bull 2X ETF seller in Q2 2023 was Goldman Sachs, an estimated $375K sold.
Based on aggregated 13F filings for Q2 2023.