Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
32 hedge funds and large institutions have $17.2M invested in Direxion Daily Junior Gold Miners Index Bull 2X ETF in 2019 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 12 closing their positions.
0.06% less ownership
Funds ownership: 0.11% → 0.05% (-0.06%)
11% less call options, than puts
Call options by funds: $30M | Put options by funds: $33.7M
14% less funds holding
Funds holding: 37 → 32 (-5)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
42% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 12
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
59% less capital invested
Capital invested by funds: $41.5M → $17.2M (-$24.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$1.25M |
| 2 |
Millennium Management
New York
|
+$717K |
| 3 |
IMC Chicago
Chicago,
Illinois
|
+$513K |
| 4 |
Goldman Sachs
New York
|
+$500K |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
+$277K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$9.69M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$6.65M |
| 3 |
VF
Virtu Financial
New York
|
-$4.39M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$3.63M |
| 5 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$2.61M |
JNUG Hedge Fund Activity: Q1 2019 in Review
32 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Junior Gold Miners Index Bull 2X ETF (JNUG) for Q1 2019, worth a combined $17.2M — down 59% from $41.5M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of JNUG and 7 opened new positions — a net loss of 5 holders — while 10 trimmed existing stakes and 7 added.
The largest buyer was Barclays, adding an estimated $1.25M. The largest seller was Jane Street, exiting entirely with an estimated $9.69M sold.
- 32 institutional investors held Direxion Daily Junior Gold Miners Index Bull 2X ETF (JNUG) as of Q1 2019, down from 37 in Q4 2018.
- Funds reported $17.2M of Direxion Daily Junior Gold Miners Index Bull 2X ETF stock for Q1 2019, down 59% quarter-over-quarter.
- 7 funds opened new Direxion Daily Junior Gold Miners Index Bull 2X ETF positions in Q1 2019 and 12 closed out, a net change of -5 holders.
- The largest Direxion Daily Junior Gold Miners Index Bull 2X ETF buyer in Q1 2019 was Barclays, an estimated $1.25M added.
- The largest Direxion Daily Junior Gold Miners Index Bull 2X ETF seller in Q1 2019 was Jane Street, an estimated $9.69M sold.
Based on aggregated 13F filings for Q1 2019.