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Direxion Daily Junior Gold Miners Index Bull 2X ETF

21 hedge funds and large institutions have $17.5M invested in Direxion Daily Junior Gold Miners Index Bull 2X ETF in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

65% more call options, than puts

Call options by funds: $179M | Put options by funds: $109M

0% more funds holding

Funds holding: 2121 (0)

0% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 7

0.55% less ownership

Funds ownership: 0.57%0.01% (-0.55%)

56% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 9

67% less capital invested

Capital invested by funds: $52.4M → $17.5M (-$34.9M)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
21
Holders Change
Holders Change %
0%
% of All Funds
0.56%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
7
Increased
4
Reduced
9
Closed
7
Calls
$179M
Puts
$109M
Net Calls
+$70.6M
Net Calls Change
-$49.2M

JNUG Hedge Fund Activity: Q3 2016 in Review

21 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Junior Gold Miners Index Bull 2X ETF (JNUG) for Q3 2016, worth a combined $17.5M — down 67% from $52.4M a quarter earlier.

Fund positioning in JNUG was balanced in Q3 2016: 7 funds opened new positions, 7 closed out, 4 added to existing stakes and 9 trimmed.

The largest buyer was Commerzbank Aktiengesellschaft, opening a new position worth an estimated $5.15M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $12.2M.

  • 21 institutional investors held Direxion Daily Junior Gold Miners Index Bull 2X ETF (JNUG) as of Q3 2016, unchanged from Q2 2016.
  • Funds reported $17.5M of Direxion Daily Junior Gold Miners Index Bull 2X ETF stock for Q3 2016, down 67% quarter-over-quarter.
  • 7 funds opened new Direxion Daily Junior Gold Miners Index Bull 2X ETF positions in Q3 2016 and 7 closed out, a net change of 0 holders.
  • The largest Direxion Daily Junior Gold Miners Index Bull 2X ETF buyer in Q3 2016 was Commerzbank Aktiengesellschaft, an estimated $5.15M added.
  • The largest Direxion Daily Junior Gold Miners Index Bull 2X ETF seller in Q3 2016 was BNP Paribas Financial Markets, an estimated $12.2M sold.

Based on aggregated 13F filings for Q3 2016.