MicroSectors Gold Miners 3x Leveraged ETN
GDXU
8 hedge funds and large institutions have $3.32M invested in MicroSectors Gold Miners 3x Leveraged ETN in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 4 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
3.33% less ownership
Funds ownership: 6.33% → 3% (-3.3%)
20% less funds holding
Funds holding: 10 → 8 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
60% less capital invested
Capital invested by funds: $8.31M → $3.32M (-$4.99M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$731K |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$504K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$257K |
| 4 |
Goldman Sachs
New York
|
+$162K |
| 5 |
HT
Headlands Technologies
Chicago,
Illinois
|
+$555 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$3.38M |
| 2 |
Jane Street
New York
|
-$1.06M |
| 3 |
HF
HRT Financial
New York
|
-$438K |
| 4 |
TSS
Two Sigma Securities
New York
|
-$323K |
| 5 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
-$101K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.83M | +$257K | +5,106 | +11% |
|
|
2
IMC Chicago
Chicago,
Illinois
| $535K | +$731K | +14,494 | New |
|
|
3
HighTower Advisors
Chicago,
Illinois
| $369K | +$504K | +10,000 | New |
|
|
4
Goldman Sachs
New York
| $347K | +$162K | +3,215 | +52% |
|
|
FDCDDQ
5
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $185K | -$101K | -2,000 | -29% |
|
|
AWM
6
Avior Wealth Management
Omaha,
Nebraska
| $55.4K | – | – | – |
|
|
HT
7
Headlands Technologies
Chicago,
Illinois
| $738 | +$555 | +11 | +122% |
|
|
TRCT
8
Tower Research Capital (TRC)
New York
| $185 | – | – | – |
|
|
9
Citadel Advisors
Miami,
Florida
| – | -$3.38M | -64,344 | Closed |
|
|
10
Jane Street
New York
| – | -$1.06M | -20,236 | Closed |
|
|
HF
11
HRT Financial
New York
| – | -$438K | -8,350 | Closed |
|
|
TSS
12
Two Sigma Securities
New York
| – | -$323K | -6,159 | Closed |
|
GDXU Hedge Fund Activity: Q2 2023 in Review
8 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in MicroSectors Gold Miners 3x Leveraged ETN (GDXU) for Q2 2023, worth a combined $3.32M — down 60% from $8.31M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of GDXU and 2 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 3 added.
The largest buyer was IMC Chicago, opening a new position worth an estimated $731K. The largest seller was Citadel Advisors, exiting entirely with an estimated $3.38M sold.
- 8 institutional investors held MicroSectors Gold Miners 3x Leveraged ETN (GDXU) as of Q2 2023, down from 10 in Q1 2023.
- Funds reported $3.32M of MicroSectors Gold Miners 3x Leveraged ETN stock for Q2 2023, down 60% quarter-over-quarter.
- 2 funds opened new MicroSectors Gold Miners 3x Leveraged ETN positions in Q2 2023 and 4 closed out, a net change of -2 holders.
- The largest MicroSectors Gold Miners 3x Leveraged ETN buyer in Q2 2023 was IMC Chicago, an estimated $731K added.
- The largest MicroSectors Gold Miners 3x Leveraged ETN seller in Q2 2023 was Citadel Advisors, an estimated $3.38M sold.
Based on aggregated 13F filings for Q2 2023.