Direxion Daily NYSE FANG+ Bull 2X ETF
FNGG
10 hedge funds and large institutions have $2.51M invested in Direxion Daily NYSE FANG+ Bull 2X ETF in 2023 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
43% more funds holding
Funds holding: 7 → 10 (+3)
2.97% less ownership
Funds ownership: 16.23% → 13.25% (-3%)
28% less capital invested
Capital invested by funds: $3.51M → $2.51M (-$1M)
63% less call options, than puts
Call options by funds: $203K | Put options by funds: $555K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$715K |
| 2 |
WEG
World Equity Group
Schaumburg,
Illinois
|
+$408K |
| 3 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
+$288K |
| 4 |
VF
Virtu Financial
New York
|
+$258K |
| 5 |
Belvedere Trading
Chicago,
Illinois
|
+$150K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.96M |
| 2 |
Goldman Sachs
New York
|
-$538K |
| 3 |
GRP
Global Retirement Partners
San Rafael,
California
|
-$6.41K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Citadel Advisors
Miami,
Florida
| $642K | +$715K | +9,482 | New |
|
|
WEG
2
World Equity Group
Schaumburg,
Illinois
| $367K | +$408K | +5,418 | New |
|
3
JP Morgan Chase
New York
| $328K | +$1.13K | +15 | +0.3% |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $260K | -$1.96M | -26,055 | -87% |
|
|
DAS
5
Dynamic Advisor Solutions
Phoenix,
Arizona
| $258K | +$288K | +3,817 | New |
|
|
VF
6
Virtu Financial
New York
| $232K | +$258K | +3,426 | New |
|
|
HFS
7
Howard Financial Services
Dallas,
Texas
| $205K | – | – | – |
|
|
8
Belvedere Trading
Chicago,
Illinois
| $135K | +$150K | +1,987 | New |
|
|
CG
9
Cutler Group
San Francisco,
California
| $85K | +$46.7K | +620 | +95% |
|
10
Morgan Stanley
New York
| $68 | – | – | – |
|
|
GRP
11
Global Retirement Partners
San Rafael,
California
| $33 | -$6.41K | -85 | Closed |
|
|
12
Goldman Sachs
New York
| – | -$538K | -6,955 | Closed |
|
FNGG Hedge Fund Activity: Q3 2023 in Review
10 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily NYSE FANG+ Bull 2X ETF (FNGG) for Q3 2023, worth a combined $2.51M — down 28% from $3.51M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FNGG positions and 2 closed out — a net gain of 3 holders — while 2 added to existing stakes and 1 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $715K. The largest seller was Susquehanna International Group, cutting an estimated $1.96M.
- 10 institutional investors held Direxion Daily NYSE FANG+ Bull 2X ETF (FNGG) as of Q3 2023, up from 7 in Q2 2023.
- Funds reported $2.51M of Direxion Daily NYSE FANG+ Bull 2X ETF stock for Q3 2023, down 28% quarter-over-quarter.
- 5 funds opened new Direxion Daily NYSE FANG+ Bull 2X ETF positions in Q3 2023 and 2 closed out, a net change of +3 holders.
- The largest Direxion Daily NYSE FANG+ Bull 2X ETF buyer in Q3 2023 was Citadel Advisors, an estimated $715K added.
- The largest Direxion Daily NYSE FANG+ Bull 2X ETF seller in Q3 2023 was Susquehanna International Group, an estimated $1.96M sold.
Based on aggregated 13F filings for Q3 2023.