Direxion Daily NYSE FANG+ Bull 2X ETF
FNGG
9 hedge funds and large institutions have $6.99M invested in Direxion Daily NYSE FANG+ Bull 2X ETF in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 4 closing their positions.
222% more call options, than puts
Call options by funds: $377K | Put options by funds: $117K
10% less funds holding
Funds holding: 10 → 9 (-1)
12.48% less ownership
Funds ownership: 28.2% → 15.72% (-12%)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
29% less capital invested
Capital invested by funds: $9.78M → $6.99M (-$2.79M)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LFG
Larson Financial Group
St Louis,
Missouri
|
+$245K |
| 2 |
CIA
Concurrent Investment Advisors
Tampa,
Florida
|
+$226K |
| 3 |
TAM
Tucker Asset Management
Littleton,
Colorado
|
+$124K |
| 4 |
VC
Vestor Capital
Chicago,
Illinois
|
+$54K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$3.09M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$792K |
| 3 |
VF
Virtu Financial
New York
|
-$427K |
| 4 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
-$388K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$372K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $5.02M | -$792K | -7,373 | -15% |
|
|
WEG
2
World Equity Group
Schaumburg,
Illinois
| $493K | -$106K | -985 | -19% |
|
|
HFS
3
Howard Financial Services
Dallas,
Texas
| $353K | – | – | – |
|
|
WGC
4
Watts Gwilliam & Co
Gilbert,
Arizona
| $316K | +$279K | +2,598 | New |
|
|
LFG
5
Larson Financial Group
St Louis,
Missouri
| $274K | +$245K | +2,281 | +3,404% |
|
|
CIA
6
Concurrent Investment Advisors
Tampa,
Florida
| $245K | +$226K | +2,103 | New |
|
|
TAM
7
Tucker Asset Management
Littleton,
Colorado
| $135K | +$124K | +1,158 | New |
|
|
VC
8
Vestor Capital
Chicago,
Illinois
| $128K | +$54K | +503 | +85% |
|
|
CG
9
Cutler Group
San Francisco,
California
| $23K | -$64.4K | -600 | -75% |
|
|
GRP
10
Global Retirement Partners
San Rafael,
California
| $56 | – | – | – |
|
|
11
Goldman Sachs
New York
| – | -$3.09M | -33,821 | Closed |
|
|
VF
12
Virtu Financial
New York
| – | -$427K | -4,670 | Closed |
|
|
DAS
13
Dynamic Advisor Solutions
Phoenix,
Arizona
| – | -$388K | -4,567 | Closed |
|
|
14
Citadel Advisors
Miami,
Florida
| – | -$372K | -4,065 | Closed |
|
FNGG Hedge Fund Activity: Q1 2024 in Review
9 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily NYSE FANG+ Bull 2X ETF (FNGG) for Q1 2024, worth a combined $6.99M — down 29% from $9.78M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FNGG and 3 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 2 added.
The largest buyer was Larson Financial Group, adding an estimated $245K. The largest seller was Goldman Sachs, exiting entirely with an estimated $3.09M sold.
- 9 institutional investors held Direxion Daily NYSE FANG+ Bull 2X ETF (FNGG) as of Q1 2024, down from 10 in Q4 2023.
- Funds reported $6.99M of Direxion Daily NYSE FANG+ Bull 2X ETF stock for Q1 2024, down 29% quarter-over-quarter.
- 3 funds opened new Direxion Daily NYSE FANG+ Bull 2X ETF positions in Q1 2024 and 4 closed out, a net change of -1 holder.
- The largest Direxion Daily NYSE FANG+ Bull 2X ETF buyer in Q1 2024 was Larson Financial Group, an estimated $245K added.
- The largest Direxion Daily NYSE FANG+ Bull 2X ETF seller in Q1 2024 was Goldman Sachs, an estimated $3.09M sold.
Based on aggregated 13F filings for Q1 2024.