Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
32 hedge funds and large institutions have $32M invested in Direxion Daily Junior Gold Miners Index Bull 2X ETF in 2017 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 15 closing their positions.
42% more call options, than puts
Call options by funds: $50.1M | Put options by funds: $35.2M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.01% less ownership
Funds ownership: 0.03% → 0.02% (-0.01%)
9% less funds holding
Funds holding: 35 → 32 (-3)
13% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 15
21% less capital invested
Capital invested by funds: $40.5M → $32M (-$8.48M)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IG
ING Group
Amsterdam,
Netherlands
|
+$13.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$5.22M |
| 3 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$4.47M |
| 4 |
VF
Virtu Financial
New York
|
+$3.64M |
| 5 |
CT
CMT Trading
Chicago,
Illinois
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$16.4M |
| 2 |
Jane Street
New York
|
-$5.97M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$968K |
| 4 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
-$824K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$729K |
JNUG Hedge Fund Activity: Q1 2017 in Review
32 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Junior Gold Miners Index Bull 2X ETF (JNUG) for Q1 2017, worth a combined $32M — down 21% from $40.5M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of JNUG and 13 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 5 added.
The largest buyer was ING Group, opening a new position worth an estimated $13.6M. The largest seller was Commerzbank Aktiengesellschaft, exiting entirely with an estimated $16.4M sold.
- 32 institutional investors held Direxion Daily Junior Gold Miners Index Bull 2X ETF (JNUG) as of Q1 2017, down from 35 in Q4 2016.
- Funds reported $32M of Direxion Daily Junior Gold Miners Index Bull 2X ETF stock for Q1 2017, down 21% quarter-over-quarter.
- 13 funds opened new Direxion Daily Junior Gold Miners Index Bull 2X ETF positions in Q1 2017 and 15 closed out, a net change of -2 holders.
- The largest Direxion Daily Junior Gold Miners Index Bull 2X ETF buyer in Q1 2017 was ING Group, an estimated $13.6M added.
- The largest Direxion Daily Junior Gold Miners Index Bull 2X ETF seller in Q1 2017 was Commerzbank Aktiengesellschaft, an estimated $16.4M sold.
Based on aggregated 13F filings for Q1 2017.