Direxion Daily GOOGL Bear 1X ETF
GGLS
4 hedge funds and large institutions have $1.24M invested in Direxion Daily GOOGL Bear 1X ETF in 2023 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 4 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
0.82% less ownership
Funds ownership: 3.84% → 3.03% (-0.82%)
41% less capital invested
Capital invested by funds: $2.12M → $1.24M (-$876K)
43% less funds holding
Funds holding: 7 → 4 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$104K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$434 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$420K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$344K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$13.2K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$4K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$414 |
GGLS Hedge Fund Activity: Q2 2023 in Review
4 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily GOOGL Bear 1X ETF (GGLS) for Q2 2023, worth a combined $1.24M — down 41% from $2.12M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of GGLS and 1 opened new positions — a net loss of 3 holders — while 1 trimmed existing stakes and 1 added.
The largest buyer was Goldman Sachs, adding an estimated $104K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $420K sold.
- 4 institutional investors held Direxion Daily GOOGL Bear 1X ETF (GGLS) as of Q2 2023, down from 7 in Q1 2023.
- Funds reported $1.24M of Direxion Daily GOOGL Bear 1X ETF stock for Q2 2023, down 41% quarter-over-quarter.
- 1 fund opened new Direxion Daily GOOGL Bear 1X ETF positions in Q2 2023 and 4 closed out, a net change of -3 holders.
- The largest Direxion Daily GOOGL Bear 1X ETF buyer in Q2 2023 was Goldman Sachs, an estimated $104K added.
- The largest Direxion Daily GOOGL Bear 1X ETF seller in Q2 2023 was Susquehanna International Group, an estimated $420K sold.
Based on aggregated 13F filings for Q2 2023.