Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF
GUSH
34 hedge funds and large institutions have $13.6M invested in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 8 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
0% less call options, than puts
Call options by funds: $88.5M | Put options by funds: $88.7M
4.44% less ownership
Funds ownership: 21.22% → 16.78% (-4.4%)
6% less funds holding
Funds holding: 36 → 34 (-2)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
45% less capital invested
Capital invested by funds: $24.7M → $13.6M (-$11.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$3.14M |
| 2 |
Millennium Management
New York
|
+$796K |
| 3 |
BPIM
Brant Point Investment Management
New York
|
+$780K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$655K |
| 5 |
CG
Cutler Group
San Francisco,
California
|
+$540K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$3.67M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.79M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.02M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$886K |
| 5 |
HT
HAP Trading
New York
|
-$668K |
GUSH Hedge Fund Activity: Q3 2020 in Review
34 of the 4,956 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 2020, worth a combined $13.6M — down 45% from $24.7M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of GUSH and 6 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 9 added.
The largest buyer was HRT Financial, opening a new position worth an estimated $3.14M. The largest seller was Virtu Financial, exiting entirely with an estimated $3.67M sold.
- 34 institutional investors held Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF (GUSH) as of Q3 2020, down from 36 in Q2 2020.
- Funds reported $13.6M of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF stock for Q3 2020, down 45% quarter-over-quarter.
- 6 funds opened new Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF positions in Q3 2020 and 8 closed out, a net change of -2 holders.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF buyer in Q3 2020 was HRT Financial, an estimated $3.14M added.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF seller in Q3 2020 was Virtu Financial, an estimated $3.67M sold.
Based on aggregated 13F filings for Q3 2020.