Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
35 hedge funds and large institutions have $40.5M invested in Direxion Daily Junior Gold Miners Index Bull 2X ETF in 2016 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 9 increasing their positions, 2 reducing their positions, and 5 closing their positions.
1,044% more capital inflows, than outflows
Capital inflows: $58.6M | Capital outflows: $5.12M
350% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 2
300% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 5
67% more funds holding
Funds holding: 21 → 35 (+14)
1.92% more ownership
Funds ownership: 0% → 1.92% (+1.9%)
3% more call options, than puts
Call options by funds: $30M | Put options by funds: $29.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
+$24.1M |
| 2 |
Impala Asset Management
Palm Beach,
Florida
|
+$9.44M |
| 3 |
Jane Street
New York
|
+$7.74M |
| 4 |
Hellman Jordan Management Company
Quincy,
Massachusetts
|
+$6.21M |
| 5 |
Credit Suisse
Zurich,
Switzerland
|
+$1.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$2.13M |
| 2 |
Virtu Financial
New York
|
-$1.38M |
| 3 |
Morgan Stanley
New York
|
-$1.27M |
| 4 |
CMT Trading
Chicago,
Illinois
|
-$315K |
| 5 |
Financial Architects (New Jersey)
Marlton,
New Jersey
|
-$16K |
JNUG Hedge Fund Activity: Q4 2016 in Review
35 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Junior Gold Miners Index Bull 2X ETF (JNUG) for Q4 2016, worth a combined $40.5M — up 132% from $17.5M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new JNUG positions and 5 closed out — a net gain of 15 holders — while 9 added to existing stakes and 2 trimmed.
The largest buyer was Commerzbank Aktiengesellschaft, adding an estimated $24.1M. The largest seller was Kovack Advisors, exiting entirely with an estimated $2.13M sold.
- 35 institutional investors held Direxion Daily Junior Gold Miners Index Bull 2X ETF (JNUG) as of Q4 2016, up from 21 in Q3 2016.
- Funds reported $40.5M of Direxion Daily Junior Gold Miners Index Bull 2X ETF stock for Q4 2016, up 132% quarter-over-quarter.
- 20 funds opened new Direxion Daily Junior Gold Miners Index Bull 2X ETF positions in Q4 2016 and 5 closed out, a net change of +15 holders.
- The largest Direxion Daily Junior Gold Miners Index Bull 2X ETF buyer in Q4 2016 was Commerzbank Aktiengesellschaft, an estimated $24.1M added.
- The largest Direxion Daily Junior Gold Miners Index Bull 2X ETF seller in Q4 2016 was Kovack Advisors, an estimated $2.13M sold.
Based on aggregated 13F filings for Q4 2016.