Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF
GUSH
36 hedge funds and large institutions have $24.7M invested in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF in 2020 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 2 closing their positions.
750% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 2
417% more capital invested
Capital invested by funds: $4.77M → $24.7M (+$19.9M)
71% more funds holding
Funds holding: 21 → 36 (+15)
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
57% more call options, than puts
Call options by funds: $77.7M | Put options by funds: $49.4M
0.22% less ownership
Funds ownership: 21.45% → 21.22% (-0.22%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPIM
Brant Point Investment Management
New York
|
+$2.96M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2M |
| 3 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$1.85M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
+$1.47M |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
+$977K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.73M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$292K |
| 3 |
CG
Cutler Group
San Francisco,
California
|
-$71K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$43.1K |
| 5 |
AAP
Arax Advisory Partners
Denver,
Colorado
|
-$14.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWS
26
Glassman Wealth Services
Vienna,
Virginia
| $12K | +$12K | +1,376 | New |
|
|
AAP
27
Arax Advisory Partners
Denver,
Colorado
| $10K | -$14.3K | -1,648 | -59% |
|
|
28
Osaic Holdings
Scottsdale,
Arizona
| $9K | -$43.1K | -4,952 | -81% |
|
|
HFS
29
Hantz Financial Services
Southfield,
Michigan
| $9K | +$8.95K | +1,028 | New |
|
|
TCM
30
Tradewinds Capital Management
Bellingham,
Washington
| $8K | +$2.79K | +320 | +56% |
|
|
CG
31
Cutler Group
San Francisco,
California
| $6K | -$71K | -8,156 | -92% |
|
|
FDCDDQ
32
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $5.57K | – | – | – |
|
|
LWA
33
Lenox Wealth Advisors
New York
| $3K | +$3.34K | +384 | New |
|
|
RIA
34
RPG Investment Advisory
Pleasanton,
California
| $1K | +$522 | +60 | New |
|
|
KFS
35
Kelly Financial Services
Braintree,
Massachusetts
| $309 | – | – | – |
|
|
S
36
SignatureFD
Atlanta,
Georgia
| – | -$1K | -264 | Closed |
|
|
CCMW
37
Cypress Capital Management (Wyoming)
Sheridan,
Wyoming
| – | -$70 | -8 | -50% |
|
GUSH Hedge Fund Activity: Q2 2020 in Review
36 of the 4,877 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 2020, worth a combined $24.7M — up 417% from $4.77M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new GUSH positions and 2 closed out — a net gain of 15 holders — while 10 added to existing stakes and 6 trimmed.
The largest buyer was Brant Point Investment Management, opening a new position worth an estimated $2.96M. The largest seller was Morgan Stanley, cutting an estimated $1.73M.
- 36 institutional investors held Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF (GUSH) as of Q2 2020, up from 21 in Q1 2020.
- Funds reported $24.7M of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF stock for Q2 2020, up 417% quarter-over-quarter.
- 17 funds opened new Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF positions in Q2 2020 and 2 closed out, a net change of +15 holders.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF buyer in Q2 2020 was Brant Point Investment Management, an estimated $2.96M added.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF seller in Q2 2020 was Morgan Stanley, an estimated $1.73M sold.
Based on aggregated 13F filings for Q2 2020.