Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF
GUSH
32 hedge funds and large institutions have $25.1M invested in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 12 reducing their positions, and 13 closing their positions.
60% more call options, than puts
Call options by funds: $363M | Put options by funds: $226M
18% less funds holding
Funds holding: 39 → 32 (-7)
25.18% less ownership
Funds ownership: 29.19% → 4.01% (-25%)
41% less capital invested
Capital invested by funds: $42.5M → $25.1M (-$17.3M)
54% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 13
58% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.28M |
| 2 |
PEP
Pickering Energy Partners
Houston,
Texas
|
+$595K |
| 3 |
GS
GTS Securities
New York
|
+$535K |
| 4 |
BPIM
Brant Point Investment Management
New York
|
+$513K |
| 5 |
QC
Quadrature Capital
London,
United Kingdom
|
+$223K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$7.27M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$4.51M |
| 3 |
Goldman Sachs
New York
|
-$3.26M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$2.96M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$2.51M |
GUSH Hedge Fund Activity: Q3 2023 in Review
32 of the 6,301 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 2023, worth a combined $25.1M — down 41% from $42.5M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of GUSH and 6 opened new positions — a net loss of 7 holders — while 12 trimmed existing stakes and 5 added.
The largest buyer was Citadel Advisors, adding an estimated $1.28M. The largest seller was HRT Financial, exiting entirely with an estimated $7.27M sold.
- 32 institutional investors held Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF (GUSH) as of Q3 2023, down from 39 in Q2 2023.
- Funds reported $25.1M of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF stock for Q3 2023, down 41% quarter-over-quarter.
- 6 funds opened new Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF positions in Q3 2023 and 13 closed out, a net change of -7 holders.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF buyer in Q3 2023 was Citadel Advisors, an estimated $1.28M added.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF seller in Q3 2023 was HRT Financial, an estimated $7.27M sold.
Based on aggregated 13F filings for Q3 2023.