Direxion Daily GOOGL Bear 1X ETF
GGLS
5 hedge funds and large institutions have $819K invested in Direxion Daily GOOGL Bear 1X ETF in 2024 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 2 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
17% less funds holding
Funds holding: 6 → 5 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
57% less capital invested
Capital invested by funds: $1.89M → $819K (-$1.07M)
58.29% less ownership
Funds ownership: 79.4% → 21.11% (-58%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GS
GTS Securities
Miami,
Florida
|
+$34.6K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$10.5K |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$2.84K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wakefield Asset Management
Englewood,
Colorado
|
-$660K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$235K |
| 3 |
IMC Chicago
Chicago,
Illinois
|
-$36.8K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.84K |
GGLS Hedge Fund Activity: Q2 2024 in Review
5 of the 6,940 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily GOOGL Bear 1X ETF (GGLS) for Q2 2024, worth a combined $819K — down 57% from $1.89M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of GGLS and 1 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 2 added.
The largest buyer was GTS Securities, adding an estimated $34.6K. The largest seller was Wakefield Asset Management, exiting entirely with an estimated $660K sold.
- 5 institutional investors held Direxion Daily GOOGL Bear 1X ETF (GGLS) as of Q2 2024, down from 6 in Q1 2024.
- Funds reported $819K of Direxion Daily GOOGL Bear 1X ETF stock for Q2 2024, down 57% quarter-over-quarter.
- 1 fund opened new Direxion Daily GOOGL Bear 1X ETF positions in Q2 2024 and 2 closed out, a net change of -1 holder.
- The largest Direxion Daily GOOGL Bear 1X ETF buyer in Q2 2024 was GTS Securities, an estimated $34.6K added.
- The largest Direxion Daily GOOGL Bear 1X ETF seller in Q2 2024 was Wakefield Asset Management, an estimated $660K sold.
Based on aggregated 13F filings for Q2 2024.