Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF
GUSH
22 hedge funds and large institutions have $28.8M invested in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF in 2019 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 8 increasing their positions, 1 reducing their positions, and 5 closing their positions.
700% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 1
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
29% more funds holding
Funds holding: 17 → 22 (+5)
0.11% less ownership
Funds ownership: 0.21% → 0.1% (-0.11%)
6% less call options, than puts
Call options by funds: $5.02M | Put options by funds: $5.36M
50% less capital invested
Capital invested by funds: $57.9M → $28.8M (-$29.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$5.84M |
| 2 |
Morgan Stanley
New York
|
+$5.34M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.16M |
| 4 |
VF
Virtu Financial
New York
|
+$1.41M |
| 5 |
Jane Street
New York
|
+$811K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$36.5M |
| 2 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
-$1.26M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$711K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$644K |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
-$102K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Koshinski Asset Management
Decatur,
Illinois
| – | -$195 | -200 | Closed |
|
|
27
Wolverine Trading
Chicago,
Illinois
| – | -$102K | -113 | Closed |
|
GUSH Hedge Fund Activity: Q2 2019 in Review
22 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF (GUSH) for Q2 2019, worth a combined $28.8M — down 50% from $57.9M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new GUSH positions and 5 closed out — a net gain of 5 holders — while 8 added to existing stakes and 1 trimmed.
The largest buyer was Tower Research Capital (TRC), adding an estimated $5.84M. The largest seller was Impala Asset Management, exiting entirely with an estimated $36.5M sold.
- 22 institutional investors held Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF (GUSH) as of Q2 2019, up from 17 in Q1 2019.
- Funds reported $28.8M of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF stock for Q2 2019, down 50% quarter-over-quarter.
- 10 funds opened new Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF positions in Q2 2019 and 5 closed out, a net change of +5 holders.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF buyer in Q2 2019 was Tower Research Capital (TRC), an estimated $5.84M added.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF seller in Q2 2019 was Impala Asset Management, an estimated $36.5M sold.
Based on aggregated 13F filings for Q2 2019.