Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
27 hedge funds and large institutions have $17.5M invested in Direxion Daily Junior Gold Miners Index Bull 2X ETF in 2021 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 9 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
3% less call options, than puts
Call options by funds: $40.2M | Put options by funds: $41.4M
3.22% less ownership
Funds ownership: 6.18% → 2.97% (-3.2%)
7% less funds holding
Funds holding: 29 → 27 (-2)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
63% less capital invested
Capital invested by funds: $47M → $17.5M (-$29.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
+$996K |
| 2 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$522K |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
+$358K |
| 4 |
HF
HRT Financial
New York
|
+$348K |
| 5 |
TSS
Two Sigma Securities
New York
|
+$342K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$6.55M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$4.31M |
| 3 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$3.01M |
| 4 |
VF
Virtu Financial
New York
|
-$2.48M |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$1.52M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fidelity Investments
Boston,
Massachusetts
| $1K | +$775 | +8 | New |
|
|
USGIU
27
U.S. Global Investors (USGI)
San Antonio,
Texas
| – | -$3.01M | -25,000 | Closed |
|
|
VF
28
Virtu Financial
New York
| – | -$2.48M | -20,609 | Closed |
|
29
Koshinski Asset Management
Decatur,
Illinois
| – | -$1.47M | -20,533 | Closed |
|
|
30
Simplex Trading
Chicago,
Illinois
| – | -$1.52M | -12,598 | Closed |
|
|
FTUS
31
Flow Traders U.S.
New York
| – | -$273K | -2,264 | Closed |
|
|
OPWM
32
Oxinas Partners Wealth Management
Jeffersonville,
Indiana
| – | -$201K | -1,668 | Closed |
|
|
IA
33
IFP Advisors
Tampa,
Florida
| – | -$9.68K | -100 | Closed |
|
|
TWM
34
Tradition Wealth Management
Edina,
Minnesota
| – | -$6K | -50 | Closed |
|
|
MIM
35
Merrion Investment Management
Cranford,
New Jersey
| – | -$2K | -19 | Closed |
|
JNUG Hedge Fund Activity: Q1 2021 in Review
27 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Junior Gold Miners Index Bull 2X ETF (JNUG) for Q1 2021, worth a combined $17.5M — down 63% from $47M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of JNUG and 7 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 9 added.
The largest buyer was Wolverine Trading, opening a new position worth an estimated $996K. The largest seller was Jane Street, cutting an estimated $6.55M.
- 27 institutional investors held Direxion Daily Junior Gold Miners Index Bull 2X ETF (JNUG) as of Q1 2021, down from 29 in Q4 2020.
- Funds reported $17.5M of Direxion Daily Junior Gold Miners Index Bull 2X ETF stock for Q1 2021, down 63% quarter-over-quarter.
- 7 funds opened new Direxion Daily Junior Gold Miners Index Bull 2X ETF positions in Q1 2021 and 9 closed out, a net change of -2 holders.
- The largest Direxion Daily Junior Gold Miners Index Bull 2X ETF buyer in Q1 2021 was Wolverine Trading, an estimated $996K added.
- The largest Direxion Daily Junior Gold Miners Index Bull 2X ETF seller in Q1 2021 was Jane Street, an estimated $6.55M sold.
Based on aggregated 13F filings for Q1 2021.