Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
21 hedge funds and large institutions have $52.4M invested in Direxion Daily Junior Gold Miners Index Bull 2X ETF in 2016 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 3 increasing their positions, 8 reducing their positions, and 5 closing their positions.
155% more capital invested
Capital invested by funds: $20.6M → $52.4M (+$31.8M)
65% more call options, than puts
Call options by funds: $305M | Put options by funds: $185M
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
17% more funds holding
Funds holding: 18 → 21 (+3)
0.09% less ownership
Funds ownership: 0.66% → 0.57% (-0.09%)
63% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CT
CMT Trading
Chicago,
Illinois
|
+$6.55M |
| 2 |
VF
Virtu Financial
New York
|
+$2.95M |
| 3 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
+$1.78M |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
+$1.04M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$886K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$6.97M |
| 2 |
Jane Street
New York
|
-$2.9M |
| 3 |
CG
Cutler Group
San Francisco,
California
|
-$2.43M |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$1.34M |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$1.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Schroder Investment Management Group
London,
United Kingdom
| – | -$13K | -9 | Closed |
|
|
PFG
27
Piershale Financial Group
Barrington,
Illinois
| – | -$4K | -3 | Closed |
|
|
WAS
28
Winch Advisory Services
Appleton,
Wisconsin
| – | -$1K | -1 | Closed |
|
JNUG Hedge Fund Activity: Q2 2016 in Review
21 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Junior Gold Miners Index Bull 2X ETF (JNUG) for Q2 2016, worth a combined $52.4M — up 155% from $20.6M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new JNUG positions and 5 closed out — a net gain of 3 holders — while 3 added to existing stakes and 8 trimmed.
The largest buyer was CMT Trading, opening a new position worth an estimated $6.55M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $6.97M.
- 21 institutional investors held Direxion Daily Junior Gold Miners Index Bull 2X ETF (JNUG) as of Q2 2016, up from 18 in Q1 2016.
- Funds reported $52.4M of Direxion Daily Junior Gold Miners Index Bull 2X ETF stock for Q2 2016, up 155% quarter-over-quarter.
- 8 funds opened new Direxion Daily Junior Gold Miners Index Bull 2X ETF positions in Q2 2016 and 5 closed out, a net change of +3 holders.
- The largest Direxion Daily Junior Gold Miners Index Bull 2X ETF buyer in Q2 2016 was CMT Trading, an estimated $6.55M added.
- The largest Direxion Daily Junior Gold Miners Index Bull 2X ETF seller in Q2 2016 was BNP Paribas Financial Markets, an estimated $6.97M sold.
Based on aggregated 13F filings for Q2 2016.