Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF
GUSH
39 hedge funds and large institutions have $42.5M invested in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF in 2023 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 7 closing their positions.
51% more call options, than puts
Call options by funds: $269M | Put options by funds: $179M
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
5% more funds holding
Funds holding: 37 → 39 (+2)
9% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 11
3.48% less ownership
Funds ownership: 32.67% → 29.19% (-3.5%)
20% less capital invested
Capital invested by funds: $53.2M → $42.5M (-$10.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Simplex Trading
Chicago,
Illinois
|
+$2.33M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.32M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$1.97M |
| 4 |
Goldman Sachs
New York
|
+$1.81M |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.07M |
| 2 |
Jane Street
New York
|
-$3.97M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$3.28M |
| 4 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$2.4M |
| 5 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$2.13M |
GUSH Hedge Fund Activity: Q2 2023 in Review
39 of the 6,383 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 2023, worth a combined $42.5M — down 20% from $53.2M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new GUSH positions and 7 closed out — a net gain of 3 holders — while 10 added to existing stakes and 11 trimmed.
The largest buyer was Simplex Trading, opening a new position worth an estimated $2.33M. The largest seller was Susquehanna International Group, cutting an estimated $5.07M.
- 39 institutional investors held Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF (GUSH) as of Q2 2023, up from 37 in Q1 2023.
- Funds reported $42.5M of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF stock for Q2 2023, down 20% quarter-over-quarter.
- 10 funds opened new Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF positions in Q2 2023 and 7 closed out, a net change of +3 holders.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF buyer in Q2 2023 was Simplex Trading, an estimated $2.33M added.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF seller in Q2 2023 was Susquehanna International Group, an estimated $5.07M sold.
Based on aggregated 13F filings for Q2 2023.