MicroSectors Gold Miners 3x Leveraged ETN
GDXU
10 hedge funds and large institutions have $8.31M invested in MicroSectors Gold Miners 3x Leveraged ETN in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 4 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
25% more funds holding
Funds holding: 8 → 10 (+2)
3.81% less ownership
Funds ownership: 10.14% → 6.33% (-3.8%)
23% less capital invested
Capital invested by funds: $10.7M → $8.31M (-$2.43M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$2.99M |
| 2 |
HF
HRT Financial
New York
|
+$388K |
| 3 |
Goldman Sachs
New York
|
+$287K |
| 4 |
TSS
Two Sigma Securities
New York
|
+$286K |
| 5 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
+$186K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$8.6M |
| 2 |
AAP
Arax Advisory Partners
Denver,
Colorado
|
-$68.5K |
| 3 |
Morgan Stanley
New York
|
-$6.16K |
| 4 |
JP Morgan Chase
New York
|
-$4K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$3K |
GDXU Hedge Fund Activity: Q1 2023 in Review
10 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in MicroSectors Gold Miners 3x Leveraged ETN (GDXU) for Q1 2023, worth a combined $8.31M — down 23% from $10.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new GDXU positions and 4 closed out — a net gain of 2 holders — while 2 added to existing stakes and 1 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $2.99M. The largest seller was Susquehanna International Group, cutting an estimated $8.6M.
- 10 institutional investors held MicroSectors Gold Miners 3x Leveraged ETN (GDXU) as of Q1 2023, up from 8 in Q4 2022.
- Funds reported $8.31M of MicroSectors Gold Miners 3x Leveraged ETN stock for Q1 2023, down 23% quarter-over-quarter.
- 6 funds opened new MicroSectors Gold Miners 3x Leveraged ETN positions in Q1 2023 and 4 closed out, a net change of +2 holders.
- The largest MicroSectors Gold Miners 3x Leveraged ETN buyer in Q1 2023 was Citadel Advisors, an estimated $2.99M added.
- The largest MicroSectors Gold Miners 3x Leveraged ETN seller in Q1 2023 was Susquehanna International Group, an estimated $8.6M sold.
Based on aggregated 13F filings for Q1 2023.