Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF
GUSH
31 hedge funds and large institutions have $19.8M invested in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF in 2024 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 10 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
38% more call options, than puts
Call options by funds: $319M | Put options by funds: $231M
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
3% more funds holding
Funds holding: 30 → 31 (+1)
0.09% more ownership
Funds ownership: 5.38% → 5.47% (+0.09%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
93% less capital invested
Capital invested by funds: $267M → $19.8M (-$247M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QC
Quadrature Capital
London,
United Kingdom
|
+$2.36M |
| 2 |
BF
BOK Financial
Tulsa,
Oklahoma
|
+$1.89M |
| 3 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$976K |
| 4 |
Squarepoint
New York
|
+$621K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$434K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.4M |
| 2 |
BPIM
Brant Point Investment Management
New York
|
-$1.24M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
-$1.11M |
| 4 |
PEP
Pickering Energy Partners
Houston,
Texas
|
-$975K |
| 5 |
GS
GTS Securities
New York
|
-$337K |
GUSH Hedge Fund Activity: Q3 2024 in Review
31 of the 6,964 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 2024, worth a combined $19.8M — down 93% from $267M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new GUSH positions and 10 closed out — a net gain of 1 holder — while 7 added to existing stakes and 5 trimmed.
The largest buyer was Quadrature Capital, opening a new position worth an estimated $2.36M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $1.4M sold.
- 31 institutional investors held Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF (GUSH) as of Q3 2024, up from 30 in Q2 2024.
- Funds reported $19.8M of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF stock for Q3 2024, down 93% quarter-over-quarter.
- 11 funds opened new Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF positions in Q3 2024 and 10 closed out, a net change of +1 holder.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF buyer in Q3 2024 was Quadrature Capital, an estimated $2.36M added.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF seller in Q3 2024 was Susquehanna International Group, an estimated $1.4M sold.
Based on aggregated 13F filings for Q3 2024.