Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF
GUSH
14 hedge funds and large institutions have $26.8M invested in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 2 reducing their positions, and 8 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 2
60% more capital invested
Capital invested by funds: $16.8M → $26.8M (+$10M)
0.07% more ownership
Funds ownership: 0.14% → 0.21% (+0.07%)
19% less call options, than puts
Call options by funds: $6.84M | Put options by funds: $8.46M
26% less funds holding
Funds holding: 19 → 14 (-5)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$10.2M |
| 2 |
VF
Virtu Financial
New York
|
+$4.03M |
| 3 |
Jane Street
New York
|
+$1.16M |
| 4 |
Morgan Stanley
New York
|
+$1.16M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$779K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
-$1.83M |
| 2 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
-$796K |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
-$452K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$293K |
| 5 |
Koshinski Asset Management
Decatur,
Illinois
|
-$243K |
GUSH Hedge Fund Activity: Q1 2018 in Review
14 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF (GUSH) for Q1 2018, worth a combined $26.8M — up 60% from $16.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of GUSH and 3 opened new positions — a net loss of 5 holders — while 2 trimmed existing stakes and 8 added.
The largest buyer was Impala Asset Management, opening a new position worth an estimated $10.2M. The largest seller was Traynor Capital Management, cutting an estimated $1.83M.
- 14 institutional investors held Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF (GUSH) as of Q1 2018, down from 19 in Q4 2017.
- Funds reported $26.8M of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF stock for Q1 2018, up 60% quarter-over-quarter.
- 3 funds opened new Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF positions in Q1 2018 and 8 closed out, a net change of -5 holders.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF buyer in Q1 2018 was Impala Asset Management, an estimated $10.2M added.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF seller in Q1 2018 was Traynor Capital Management, an estimated $1.83M sold.
Based on aggregated 13F filings for Q1 2018.