Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
21 hedge funds and large institutions have $6.04M invested in Direxion Daily Junior Gold Miners Index Bull 2X ETF in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 16 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
19% more call options, than puts
Call options by funds: $7.36M | Put options by funds: $6.16M
3.43% less ownership
Funds ownership: 5.5% → 2.07% (-3.4%)
38% less funds holding
Funds holding: 34 → 21 (-13)
60% less capital invested
Capital invested by funds: $15.2M → $6.04M (-$9.2M)
81% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$667K |
| 2 |
DBT
Dubuque Bank & Trust
Dubuque,
Iowa
|
+$327K |
| 3 |
AWM
Axxcess Wealth Management
Carlsbad,
California
|
+$310K |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
+$259K |
| 5 |
SIS
Strategic Investment Solutions
Orland Park,
Illinois
|
+$108K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$3.55M |
| 2 |
JF
Jump Financial
Chicago,
Illinois
|
-$1.21M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$807K |
| 4 |
VF
Virtu Financial
New York
|
-$765K |
| 5 |
TSS
Two Sigma Securities
New York
|
-$552K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Goldman Sachs
New York
| – | -$431K | -13,184 | Closed |
|
27
HighTower Advisors
Chicago,
Illinois
| – | -$306K | -9,362 | Closed |
|
28
Vontobel Holding
Zurich,
Switzerland
| – | -$246K | -7,540 | Closed |
|
29
SG Americas Securities
New York
| – | -$221K | -6,750 | Closed |
|
30
Simplex Trading
Chicago,
Illinois
| – | -$197K | -6,041 | Closed |
|
31
Bank of America
Charlotte,
North Carolina
| – | -$152K | -4,647 | Closed |
|
|
FDCDDQ
32
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$95.2K | -3,000 | Closed |
|
|
S
33
SignatureFD
Atlanta,
Georgia
| – | -$72.8K | -2,228 | Closed |
|
34
Osaic Holdings
Scottsdale,
Arizona
| – | -$13.4K | -400 | Closed |
|
|
RI
35
Ridgewood Investments
Springfield,
New Jersey
| – | -$1.66K | -51 | Closed |
|
|
NC
36
NewSquare Capital
Newtown Square,
Pennsylvania
| – | -$265 | -8 | Closed |
|
JNUG Hedge Fund Activity: Q3 2023 in Review
21 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Junior Gold Miners Index Bull 2X ETF (JNUG) for Q3 2023, worth a combined $6.04M — down 60% from $15.2M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of JNUG and 3 opened new positions — a net loss of 13 holders — while 4 trimmed existing stakes and 7 added.
The largest buyer was Morgan Stanley, adding an estimated $667K. The largest seller was HRT Financial, exiting entirely with an estimated $3.55M sold.
- 21 institutional investors held Direxion Daily Junior Gold Miners Index Bull 2X ETF (JNUG) as of Q3 2023, down from 34 in Q2 2023.
- Funds reported $6.04M of Direxion Daily Junior Gold Miners Index Bull 2X ETF stock for Q3 2023, down 60% quarter-over-quarter.
- 3 funds opened new Direxion Daily Junior Gold Miners Index Bull 2X ETF positions in Q3 2023 and 16 closed out, a net change of -13 holders.
- The largest Direxion Daily Junior Gold Miners Index Bull 2X ETF buyer in Q3 2023 was Morgan Stanley, an estimated $667K added.
- The largest Direxion Daily Junior Gold Miners Index Bull 2X ETF seller in Q3 2023 was HRT Financial, an estimated $3.55M sold.
Based on aggregated 13F filings for Q3 2023.