Direxion Daily GOOGL Bear 1X ETF
GGLS
6 hedge funds and large institutions have $1.89M invested in Direxion Daily GOOGL Bear 1X ETF in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
61% more capital invested
Capital invested by funds: $1.18M → $1.89M (+$716K)
50% more funds holding
Funds holding: 4 → 6 (+2)
1.42% less ownership
Funds ownership: 4.56% → 3.13% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$505K |
| 2 |
GS
GTS Securities
Miami,
Florida
|
+$303K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$249K |
| 4 |
WAM
Wakefield Asset Management
Englewood,
Colorado
|
+$24.9K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$8.08K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$210K |
| 2 |
GPFA
Game Plan Financial Advisors
Westlake,
Ohio
|
-$25.8K |
GGLS Hedge Fund Activity: Q1 2024 in Review
6 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily GOOGL Bear 1X ETF (GGLS) for Q1 2024, worth a combined $1.89M — up 61% from $1.18M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new GGLS positions and 1 closed out — a net gain of 2 holders — while 2 added to existing stakes and 1 trimmed.
The largest buyer was IMC Chicago, opening a new position worth an estimated $505K. The largest seller was Susquehanna International Group, cutting an estimated $210K.
- 6 institutional investors held Direxion Daily GOOGL Bear 1X ETF (GGLS) as of Q1 2024, up from 4 in Q4 2023.
- Funds reported $1.89M of Direxion Daily GOOGL Bear 1X ETF stock for Q1 2024, up 61% quarter-over-quarter.
- 3 funds opened new Direxion Daily GOOGL Bear 1X ETF positions in Q1 2024 and 1 closed out, a net change of +2 holders.
- The largest Direxion Daily GOOGL Bear 1X ETF buyer in Q1 2024 was IMC Chicago, an estimated $505K added.
- The largest Direxion Daily GOOGL Bear 1X ETF seller in Q1 2024 was Susquehanna International Group, an estimated $210K sold.
Based on aggregated 13F filings for Q1 2024.