Direxion Daily NYSE FANG+ Bull 2X ETF
FNGG
9 hedge funds and large institutions have $6.66M invested in Direxion Daily NYSE FANG+ Bull 2X ETF in 2024 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 4 closing their positions.
0% more funds holding
Funds holding: 9 → 9 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
2.44% less ownership
Funds ownership: 11.35% → 8.9% (-2.4%)
6% less capital invested
Capital invested by funds: $7.07M → $6.66M (-$415K)
36% less call options, than puts
Call options by funds: $281K | Put options by funds: $436K
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$4.56M |
| 2 |
Jane Street
New York
|
+$259K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.52K |
| 4 |
VC
Vestor Capital
Chicago,
Illinois
|
+$416 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.38M |
| 2 |
Belvedere Trading
Chicago,
Illinois
|
-$642K |
| 3 |
WEG
World Equity Group
Schaumburg,
Illinois
|
-$586K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$528K |
| 5 |
LFG
Larson Financial Group
St Louis,
Missouri
|
-$490K |
FNGG Hedge Fund Activity: Q3 2024 in Review
9 of the 6,980 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily NYSE FANG+ Bull 2X ETF (FNGG) for Q3 2024, worth a combined $6.66M — down 5.9% from $7.07M a quarter earlier.
Fund positioning in FNGG was balanced in Q3 2024: 4 funds opened new positions, 4 closed out, 1 added to existing stakes and 3 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $4.56M. The largest seller was Susquehanna International Group, cutting an estimated $3.38M.
- 9 institutional investors held Direxion Daily NYSE FANG+ Bull 2X ETF (FNGG) as of Q3 2024, unchanged from Q2 2024.
- Funds reported $6.66M of Direxion Daily NYSE FANG+ Bull 2X ETF stock for Q3 2024, down 5.9% quarter-over-quarter.
- 4 funds opened new Direxion Daily NYSE FANG+ Bull 2X ETF positions in Q3 2024 and 4 closed out, a net change of 0 holders.
- The largest Direxion Daily NYSE FANG+ Bull 2X ETF buyer in Q3 2024 was Virtu Financial, an estimated $4.56M added.
- The largest Direxion Daily NYSE FANG+ Bull 2X ETF seller in Q3 2024 was Susquehanna International Group, an estimated $3.38M sold.
Based on aggregated 13F filings for Q3 2024.