Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
29 hedge funds and large institutions have $38.2M invested in Direxion Daily Junior Gold Miners Index Bull 2X ETF in 2020 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 10 closing their positions.
39% more call options, than puts
Call options by funds: $200M | Put options by funds: $144M
1.42% less ownership
Funds ownership: 6.58% → 5.16% (-1.4%)
9% less funds holding
Funds holding: 32 → 29 (-3)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
13% less capital invested
Capital invested by funds: $44.1M → $38.2M (-$5.85M)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$5.28M |
| 2 |
VF
Virtu Financial
New York
|
+$1.33M |
| 3 |
SDWIA
Schwarz Dygos Wheeler Investment Advisors
Minneapolis,
Minnesota
|
+$871K |
| 4 |
HF
HRT Financial
New York
|
+$804K |
| 5 |
Morgan Stanley
New York
|
+$782K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
XS
XR Securities
Chicago,
Illinois
|
-$6.87M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.39M |
| 3 |
Jane Street
New York
|
-$3.24M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$2.52M |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
-$2.21M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | – | – | – |
|
|
SFS
27
Sowell Financial Services
North Little Rock,
Arkansas
| $1K | – | – | – |
|
|
RWG
28
Regal Wealth Group
Seal Beach,
California
| $1K | +$1.02K | +7 | New |
|
|
XS
29
XR Securities
Chicago,
Illinois
| – | -$6.87M | -62,291 | Closed |
|
|
FI
30
FormulaFolio Investments
Grand Rapids,
Michigan
| – | -$378K | -3,429 | Closed |
|
31
Goldman Sachs
New York
| – | -$364K | -3,300 | Closed |
|
|
SSA
32
Schonfeld Strategic Advisors
New York
| – | -$320K | -2,900 | Closed |
|
33
US Bancorp
Minneapolis,
Minnesota
| – | -$57K | -515 | Closed |
|
34
Walleye Trading
New York
| – | -$31.8K | -219 | Closed |
|
|
EWM
35
Edge Wealth Management
New York
| – | -$11K | -100 | Closed |
|
|
S
36
SignatureFD
Atlanta,
Georgia
| – | -$3K | -25 | Closed |
|
|
EWP
37
Engrave Wealth Partners
The Woodlands,
Texas
| – | -$1K | -18 | Closed |
|
|
GWM
38
Geneos Wealth Management
Englewood,
Colorado
| – | -$1K | -18 | Closed |
|
JNUG Hedge Fund Activity: Q3 2020 in Review
29 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Junior Gold Miners Index Bull 2X ETF (JNUG) for Q3 2020, worth a combined $38.2M — down 13% from $44.1M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of JNUG and 7 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 7 added.
The largest buyer was IMC Chicago, opening a new position worth an estimated $5.28M. The largest seller was XR Securities, exiting entirely with an estimated $6.87M sold.
- 29 institutional investors held Direxion Daily Junior Gold Miners Index Bull 2X ETF (JNUG) as of Q3 2020, down from 32 in Q2 2020.
- Funds reported $38.2M of Direxion Daily Junior Gold Miners Index Bull 2X ETF stock for Q3 2020, down 13% quarter-over-quarter.
- 7 funds opened new Direxion Daily Junior Gold Miners Index Bull 2X ETF positions in Q3 2020 and 10 closed out, a net change of -3 holders.
- The largest Direxion Daily Junior Gold Miners Index Bull 2X ETF buyer in Q3 2020 was IMC Chicago, an estimated $5.28M added.
- The largest Direxion Daily Junior Gold Miners Index Bull 2X ETF seller in Q3 2020 was XR Securities, an estimated $6.87M sold.
Based on aggregated 13F filings for Q3 2020.