Direxion Daily NYSE FANG+ Bull 2X ETF
FNGG
9 hedge funds and large institutions have $7.07M invested in Direxion Daily NYSE FANG+ Bull 2X ETF in 2024 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
63% more call options, than puts
Call options by funds: $377K | Put options by funds: $232K
1% more capital invested
Capital invested by funds: $6.99M → $7.07M (+$85.4K)
0% more funds holding
Funds holding: 9 → 9 (0)
4.37% less ownership
Funds ownership: 15.72% → 11.35% (-4.4%)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Belvedere Trading
Chicago,
Illinois
|
+$704K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$449K |
| 3 |
LFG
Larson Financial Group
St Louis,
Missouri
|
+$228K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
+$1.73K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.48K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.96M |
| 2 |
CIA
Concurrent Investment Advisors
Tampa,
Florida
|
-$245K |
| 3 |
TAM
Tucker Asset Management
Littleton,
Colorado
|
-$135K |
| 4 |
WEG
World Equity Group
Schaumburg,
Illinois
|
-$22.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $3.92M | -$1.96M | -15,933 | -37% |
|
|
2
Belvedere Trading
Chicago,
Illinois
| $828K | +$704K | +5,712 | New |
|
|
LFG
3
Larson Financial Group
St Louis,
Missouri
| $609K | +$228K | +1,851 | +79% |
|
|
WEG
4
World Equity Group
Schaumburg,
Illinois
| $586K | -$22.1K | -179 | -4% |
|
|
5
Citadel Advisors
Miami,
Florida
| $528K | +$449K | +3,641 | New |
|
|
HFS
6
Howard Financial Services
Dallas,
Texas
| $439K | – | – | – |
|
|
VC
7
Vestor Capital
Chicago,
Illinois
| $159K | – | – | – |
|
|
8
Simplex Trading
Chicago,
Illinois
| $2K | +$1.73K | +14 | New |
|
|
9
Bank of America
Charlotte,
North Carolina
| $1.74K | +$1.48K | +12 | New |
|
|
GRP
10
Global Retirement Partners
San Rafael,
California
| $70 | – | – | – |
|
|
CIA
11
Concurrent Investment Advisors
Tampa,
Florida
| – | -$245K | -2,103 | Closed |
|
|
TAM
12
Tucker Asset Management
Littleton,
Colorado
| – | -$135K | -1,158 | Closed |
|
FNGG Hedge Fund Activity: Q2 2024 in Review
9 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily NYSE FANG+ Bull 2X ETF (FNGG) for Q2 2024, worth a combined $7.07M — up 1.2% from $6.99M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FNGG positions and 2 closed out — a net gain of 2 holders — while 1 added to existing stakes and 2 trimmed.
The largest buyer was Belvedere Trading, opening a new position worth an estimated $704K. The largest seller was Susquehanna International Group, cutting an estimated $1.96M.
- 9 institutional investors held Direxion Daily NYSE FANG+ Bull 2X ETF (FNGG) as of Q2 2024, unchanged from Q1 2024.
- Funds reported $7.07M of Direxion Daily NYSE FANG+ Bull 2X ETF stock for Q2 2024, up 1.2% quarter-over-quarter.
- 4 funds opened new Direxion Daily NYSE FANG+ Bull 2X ETF positions in Q2 2024 and 2 closed out, a net change of +2 holders.
- The largest Direxion Daily NYSE FANG+ Bull 2X ETF buyer in Q2 2024 was Belvedere Trading, an estimated $704K added.
- The largest Direxion Daily NYSE FANG+ Bull 2X ETF seller in Q2 2024 was Susquehanna International Group, an estimated $1.96M sold.
Based on aggregated 13F filings for Q2 2024.