Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
31 hedge funds and large institutions have $14.1M invested in Direxion Daily Junior Gold Miners Index Bull 2X ETF in 2024 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 9 closing their positions.
3% more call options, than puts
Call options by funds: $21.2M | Put options by funds: $20.6M
3% less funds holding
Funds holding: 32 → 31 (-1)
5.8% less ownership
Funds ownership: 10.68% → 4.87% (-5.8%)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
58% less capital invested
Capital invested by funds: $34M → $14.1M (-$19.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$1.43M |
| 2 |
Vontobel Holding
Zurich,
Switzerland
|
+$647K |
| 3 |
SG
StoneX Group
New York
|
+$295K |
| 4 |
PI
PFG Investments
Woodbury,
New York
|
+$237K |
| 5 |
Morgan Stanley
New York
|
+$235K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$16.2M |
| 2 |
Squarepoint
New York
|
-$2.35M |
| 3 |
PA
Pineridge Advisors
St. Charles,
Missouri
|
-$2.07M |
| 4 |
HF
HRT Financial
New York
|
-$1.23M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$996K |
JNUG Hedge Fund Activity: Q2 2024 in Review
31 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Junior Gold Miners Index Bull 2X ETF (JNUG) for Q2 2024, worth a combined $14.1M — down 58% from $34M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of JNUG and 8 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 5 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $1.43M. The largest seller was Jane Street, cutting an estimated $16.2M.
- 31 institutional investors held Direxion Daily Junior Gold Miners Index Bull 2X ETF (JNUG) as of Q2 2024, down from 32 in Q1 2024.
- Funds reported $14.1M of Direxion Daily Junior Gold Miners Index Bull 2X ETF stock for Q2 2024, down 58% quarter-over-quarter.
- 8 funds opened new Direxion Daily Junior Gold Miners Index Bull 2X ETF positions in Q2 2024 and 9 closed out, a net change of -1 holder.
- The largest Direxion Daily Junior Gold Miners Index Bull 2X ETF buyer in Q2 2024 was Virtu Financial, an estimated $1.43M added.
- The largest Direxion Daily Junior Gold Miners Index Bull 2X ETF seller in Q2 2024 was Jane Street, an estimated $16.2M sold.
Based on aggregated 13F filings for Q2 2024.