Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
32 hedge funds and large institutions have $24.3M invested in Direxion Daily Junior Gold Miners Index Bull 2X ETF in 2023 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 4 closing their positions.
303% more capital invested
Capital invested by funds: $6.04M → $24.3M (+$18.3M)
300% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 4
52% more funds holding
Funds holding: 21 → 32 (+11)
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
28% more call options, than puts
Call options by funds: $16.1M | Put options by funds: $12.6M
6.34% more ownership
Funds ownership: 2.07% → 8.41% (+6.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$5.62M |
| 2 |
Squarepoint
New York
|
+$3.3M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$2.89M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.82M |
| 5 |
IMC Chicago
Chicago,
Illinois
|
+$1.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$2.19M |
| 2 |
Morgan Stanley
New York
|
-$1.04M |
| 3 |
AWM
Axxcess Wealth Management
Carlsbad,
California
|
-$250K |
| 4 |
JP Morgan Chase
New York
|
-$228K |
| 5 |
SIS
Strategic Investment Solutions
Orland Park,
Illinois
|
-$110K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPIA
26
Steward Partners Investment Advisory
New York
| $339 | +$300 | +10 | New |
|
|
AF
27
Allworth Financial
Folsom,
California
| $170 | +$150 | +5 | New |
|
28
Bank of Montreal
Toronto,
Ontario, Canada
| $146 | – | – | – |
|
|
OLVIG
29
Oliver Lagore Vanvalin Investment Group
Flint,
Michigan
| $136 | -$750 | -25 | -86% |
|
30
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $136 | +$120 | +4 | New |
|
|
BCMLT
31
Beacon Capital Management LLC (Tennessee)
Franklin,
Tennessee
| $26 | – | – | – |
|
|
32
Citadel Advisors
Miami,
Florida
| – | -$2.19M | -73,100 | Closed |
|
|
AWM
33
Axxcess Wealth Management
Carlsbad,
California
| – | -$250K | -9,768 | Closed |
|
|
34
JP Morgan Chase
New York
| – | -$228K | -8,911 | Closed |
|
|
SIS
35
Strategic Investment Solutions
Orland Park,
Illinois
| – | -$110K | -3,400 | Closed |
|
JNUG Hedge Fund Activity: Q4 2023 in Review
32 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Junior Gold Miners Index Bull 2X ETF (JNUG) for Q4 2023, worth a combined $24.3M — up 303% from $6.04M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new JNUG positions and 4 closed out — a net gain of 12 holders — while 6 added to existing stakes and 4 trimmed.
The largest buyer was Jane Street, adding an estimated $5.62M. The largest seller was Citadel Advisors, exiting entirely with an estimated $2.19M sold.
- 32 institutional investors held Direxion Daily Junior Gold Miners Index Bull 2X ETF (JNUG) as of Q4 2023, up from 21 in Q3 2023.
- Funds reported $24.3M of Direxion Daily Junior Gold Miners Index Bull 2X ETF stock for Q4 2023, up 303% quarter-over-quarter.
- 16 funds opened new Direxion Daily Junior Gold Miners Index Bull 2X ETF positions in Q4 2023 and 4 closed out, a net change of +12 holders.
- The largest Direxion Daily Junior Gold Miners Index Bull 2X ETF buyer in Q4 2023 was Jane Street, an estimated $5.62M added.
- The largest Direxion Daily Junior Gold Miners Index Bull 2X ETF seller in Q4 2023 was Citadel Advisors, an estimated $2.19M sold.
Based on aggregated 13F filings for Q4 2023.