Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF
GUSH
40 hedge funds and large institutions have $34.8M invested in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 7 increasing their positions, 13 reducing their positions, and 6 closing their positions.
80% more call options, than puts
Call options by funds: $440M | Put options by funds: $244M
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
11% more funds holding
Funds holding: 36 → 40 (+4)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3.77% less ownership
Funds ownership: 10.29% → 6.52% (-3.8%)
35% less capital invested
Capital invested by funds: $53.7M → $34.8M (-$18.9M)
46% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$2.15M |
| 2 |
Simplex Trading
Chicago,
Illinois
|
+$569K |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$371K |
| 4 |
PEP
Pickering Energy Partners
Houston,
Texas
|
+$215K |
| 5 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$205K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$10.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$5.7M |
| 3 |
VF
Virtu Financial
New York
|
-$4.16M |
| 4 |
Jane Street
New York
|
-$3.15M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2.22M |
GUSH Hedge Fund Activity: Q1 2024 in Review
40 of the 6,958 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 2024, worth a combined $34.8M — down 35% from $53.7M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new GUSH positions and 6 closed out — a net gain of 4 holders — while 7 added to existing stakes and 13 trimmed.
The largest buyer was Impala Asset Management, adding an estimated $2.15M. The largest seller was HRT Financial, cutting an estimated $10.5M.
- 40 institutional investors held Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF (GUSH) as of Q1 2024, up from 36 in Q4 2023.
- Funds reported $34.8M of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF stock for Q1 2024, down 35% quarter-over-quarter.
- 10 funds opened new Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF positions in Q1 2024 and 6 closed out, a net change of +4 holders.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF buyer in Q1 2024 was Impala Asset Management, an estimated $2.15M added.
- The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF seller in Q1 2024 was HRT Financial, an estimated $10.5M sold.
Based on aggregated 13F filings for Q1 2024.