Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF
GUSH
23 hedge funds and large institutions have $8.26M invested in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 7 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
5% more funds holding
Funds holding: 22 → 23 (+1)
0.05% less ownership
Funds ownership: 0.1% → 0.04% (-0.05%)
70% less call options, than puts
Call options by funds: $2.98M | Put options by funds: $9.83M
71% less capital invested
Capital invested by funds: $28.8M → $8.26M (-$20.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
+$584K |
| 2 |
Jane Street
New York
|
+$307K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$306K |
| 4 |
EWA
Exencial Wealth Advisors
Oklahoma City,
Oklahoma
|
+$184K |
| 5 |
HF
HRT Financial
New York
|
+$119K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$4.32M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.37M |
| 3 |
Morgan Stanley
New York
|
-$1.29M |
| 4 |
G
Gainplan
Bloomfield Hills,
Michigan
|
-$282K |
| 5 |
XS
XR Securities
Chicago,
Illinois
|
-$281K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TSS
26
Two Sigma Securities
New York
| – | -$221K | -314 | Closed |
|
|
FDCDDQ
27
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$70.4K | -100 | Closed |
|
|
RCAG
28
Rehmann Capital Advisory Group
Lansing,
Michigan
| – | -$66K | -94 | Closed |
|
|
TPWA
29
TRUE Private Wealth Advisors
Salem,
Oregon
| – | -$41K | -59 | Closed |
|
30
William Blair & Company
Chicago,
Illinois
| – | -$1K | -2 | Closed |
|
GUSH Hedge Fund Activity: Q3 2019 in Review
23 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF (GUSH) for Q3 2019, worth a combined $8.26M — down 71% from $28.8M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new GUSH positions and 7 closed out — a net gain of 1 holder — while 8 added to existing stakes and 6 trimmed.
The largest buyer was Baker Avenue Asset Management, adding an estimated $584K. The largest seller was Tower Research Capital (TRC), cutting an estimated $4.32M.
- 23 institutional investors held Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF (GUSH) as of Q3 2019, up from 22 in Q2 2019.
- Funds reported $8.26M of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF stock for Q3 2019, down 71% quarter-over-quarter.
- 8 funds opened new Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF positions in Q3 2019 and 7 closed out, a net change of +1 holder.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF buyer in Q3 2019 was Baker Avenue Asset Management, an estimated $584K added.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF seller in Q3 2019 was Tower Research Capital (TRC), an estimated $4.32M sold.
Based on aggregated 13F filings for Q3 2019.