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

30 hedge funds and large institutions have $267M invested in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF in 2024 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 11 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

667% more capital invested

Capital invested by funds: $34.8M → $267M (+$232M)

16% more call options, than puts

Call options by funds: $386M | Put options by funds: $333M

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

1.14% less ownership

Funds ownership: 6.52%5.38% (-1.1%)

25% less funds holding

Funds holding: 4030 (-10)

60% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 15

82% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 11

Holders
30
Holders Change
-10
Holders Change %
-25%
% of All Funds
0.43%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
6
Increased
2
Reduced
11
Closed
15
Calls
$386M
Puts
$333M
Net Calls
+$53.5M
Net Calls Change
-$142M
Name Holding Trade Value Shares
Change
Change in
Stake
LA
1
LM Advisors
California
$244M
IAM
2
Impala Asset Management
Florida
$7.79M +$3.08M +79,700 +57%
BPIM
3
Brant Point Investment Management
New York
$5.77M -$220K -5,676 -3%
Susquehanna International Group
4
Susquehanna International Group
Pennsylvania
$1.57M -$5.3K -137 -0.3%
Simplex Trading
5
Simplex Trading
Illinois
$1.32M -$1.52M -39,388 -51%
GS
6
GTS Securities
New York
$1.28M -$651K -16,822 -32%
PEP
7
Pickering Energy Partners
Texas
$975K +$38.7K +1,000 +4%
Citadel Advisors
8
Citadel Advisors
Florida
$955K -$1.19M -30,738 -53%
Squarepoint
9
Squarepoint
New York
$743K +$811K +20,948 New
SJIM
10
St. Johns Investment Management
Florida
$453K
CF
11
Cantor Fitzgerald
New York
$313K
FTUS
12
Flow Traders U.S.
New York
$254K +$277K +7,168 New
Jane Street
13
Jane Street
New York
$236K -$3.57M -92,221 -93%
IA
14
Icon Advisers
Colorado
$220K
UBS Group
15
UBS Group
Switzerland
$153K -$15.4K -397 -8%
JP Morgan Chase
16
JP Morgan Chase
New York
$49K -$25.4K -657 -32%
Morgan Stanley
17
Morgan Stanley
New York
$41.1K -$306K -7,908 -87%
AWM
18
Avondale Wealth Management
Texas
$28.4K
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$21K
AAP
20
Arax Advisory Partners
Colorado
$19K
GRP
21
Global Retirement Partners
California
$10.6K +$11.6K +300 New
CJ
22
Caitlin John
Michigan
$8.86K
TRCT
23
Tower Research Capital (TRC)
New York
$8.37K -$1.2M -30,954 -99%
HCM
24
Hollencrest Capital Management
California
$5.32K +$5.8K +150 New
HT
25
Headlands Technologies
Illinois
$2.59K +$2.83K +73 New

GUSH Hedge Fund Activity: Q2 2024 in Review

30 of the 6,924 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 2024, worth a combined $267M — up 667% from $34.8M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of GUSH and 6 opened new positions — a net loss of 9 holders — while 11 trimmed existing stakes and 2 added.

The largest buyer was Impala Asset Management, adding an estimated $3.08M. The largest seller was Jane Street, cutting an estimated $3.57M.

  • 30 institutional investors held Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF (GUSH) as of Q2 2024, down from 40 in Q1 2024.
  • Funds reported $267M of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF stock for Q2 2024, up 667% quarter-over-quarter.
  • 6 funds opened new Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF positions in Q2 2024 and 15 closed out, a net change of -9 holders.
  • The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF buyer in Q2 2024 was Impala Asset Management, an estimated $3.08M added.
  • The largest Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF seller in Q2 2024 was Jane Street, an estimated $3.57M sold.

Based on aggregated 13F filings for Q2 2024.