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Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF

37 hedge funds and large institutions have $53.2M invested in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF in 2023 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

113% more call options, than puts

Call options by funds: $298M | Put options by funds: $140M

13% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 8

3% more funds holding

Funds holding: 3637 (+1)

9% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 11

2.97% less ownership

Funds ownership: 35.65%32.67% (-3%)

11% less capital invested

Capital invested by funds: $59.6M → $53.2M (-$6.39M)

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
37
Holders Change
+1
Holders Change %
+2.78%
% of All Funds
0.59%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
9
Increased
10
Reduced
11
Closed
8
Calls
$298M
Puts
$140M
Net Calls
+$158M
Net Calls Change
-$18.9M
Name Holding Trade Value Shares
Change
Change in
Stake
BPIM
1
Brant Point Investment Management
New York
$9.22M +$1.64M +48,112 +19%
Citadel Advisors
2
Citadel Advisors
Florida
$7.92M +$6.47M +189,452 +278%
Susquehanna International Group
3
Susquehanna International Group
Pennsylvania
$7.28M -$99.2K -2,908 -1%
HF
4
HRT Financial
New York
$6.49M +$3.7M +108,288 +105%
Jane Street
5
Jane Street
New York
$5.16M +$1.23M +36,008 +27%
VF
6
Virtu Financial
New York
$2.93M +$1.41M +41,280 +76%
BCM
7
Brookstone Capital Management
Illinois
$2.74M +$105K +3,088 +4%
IAM
8
Impala Asset Management
Florida
$2.4M -$4.03M -118,000 -60%
TRCT
9
Tower Research Capital (TRC)
New York
$2.35M -$1.59M -46,592 -38%
SCP
10
Silverleafe Capital Partners
Tennessee
$2.2M -$205K -6,000 -8%
Goldman Sachs
11
Goldman Sachs
New York
$1.4M -$4.07M -119,188 -72%
Osaic Holdings
12
Osaic Holdings
Arizona
$579K -$349K -10,228 -37%
UBS Group
13
UBS Group
Switzerland
$415K +$184K +5,388 +66%
SJIM
14
St. Johns Investment Management
Florida
$393K
CF
15
Cantor Fitzgerald
New York
$340K -$115K -3,376 -23%
Morgan Stanley
16
Morgan Stanley
New York
$312K +$270K +7,916 +353%
CAN
17
Cetera Advisor Networks
California
$291K +$324K +9,480 New
QT
18
Quantbot Technologies
New York
$245K -$1.09K -32 -0.4%
SG Americas Securities
19
SG Americas Securities
New York
$210K +$233K +6,828 New
JP Morgan Chase
20
JP Morgan Chase
New York
$93K +$25.3K +740 +32%
HT
21
Headlands Technologies
Illinois
$92.1K +$84.9K +2,488 +490%
AWM
22
Avondale Wealth Management
Texas
$30.7K +$34.1K +1,000 New
HI
23
Hoey Investments
Pennsylvania
$24.6K
BTI
24
Blue Trust Inc
Georgia
$23K +$21.8K +640 New
PNC Financial Services Group
25
PNC Financial Services Group
Pennsylvania
$18.6K

GUSH Hedge Fund Activity: Q1 2023 in Review

37 of the 6,275 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 2023, worth a combined $53.2M — down 11% from $59.6M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new GUSH positions and 8 closed out — a net gain of 1 holder — while 10 added to existing stakes and 11 trimmed.

The largest buyer was Citadel Advisors, adding an estimated $6.47M. The largest seller was Goldman Sachs, cutting an estimated $4.07M.

  • 37 institutional investors held Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF (GUSH) as of Q1 2023, up from 36 in Q4 2022.
  • Funds reported $53.2M of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF stock for Q1 2023, down 11% quarter-over-quarter.
  • 9 funds opened new Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF positions in Q1 2023 and 8 closed out, a net change of +1 holder.
  • The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF buyer in Q1 2023 was Citadel Advisors, an estimated $6.47M added.
  • The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF seller in Q1 2023 was Goldman Sachs, an estimated $4.07M sold.

Based on aggregated 13F filings for Q1 2023.