Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
37 hedge funds and large institutions have $41.5M invested in Direxion Daily Junior Gold Miners Index Bull 2X ETF in 2018 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 10 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
39% more call options, than puts
Call options by funds: $25.4M | Put options by funds: $18.3M
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
0.02% less ownership
Funds ownership: 0.13% → 0.11% (-0.02%)
3% less funds holding
Funds holding: 38 → 37 (-1)
6% less capital invested
Capital invested by funds: $44.3M → $41.5M (-$2.77M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$7.2M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.94M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$2.7M |
| 4 |
VF
Virtu Financial
New York
|
+$2.46M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$22.5M |
| 2 |
HJMC
Hellman Jordan Management Company
Quincy,
Massachusetts
|
-$4.44M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.47M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$1.24M |
| 5 |
CCMW
Cypress Capital Management (Wyoming)
Sheridan,
Wyoming
|
-$517K |
JNUG Hedge Fund Activity: Q4 2018 in Review
37 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Junior Gold Miners Index Bull 2X ETF (JNUG) for Q4 2018, worth a combined $41.5M — down 6.3% from $44.3M a quarter earlier.
Fund positioning in JNUG was balanced in Q4 2018: 10 funds opened new positions, 10 closed out, 9 added to existing stakes and 9 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $7.2M. The largest seller was Impala Asset Management, cutting an estimated $22.5M.
- 37 institutional investors held Direxion Daily Junior Gold Miners Index Bull 2X ETF (JNUG) as of Q4 2018, down from 38 in Q3 2018.
- Funds reported $41.5M of Direxion Daily Junior Gold Miners Index Bull 2X ETF stock for Q4 2018, down 6.3% quarter-over-quarter.
- 10 funds opened new Direxion Daily Junior Gold Miners Index Bull 2X ETF positions in Q4 2018 and 10 closed out, a net change of 0 holders.
- The largest Direxion Daily Junior Gold Miners Index Bull 2X ETF buyer in Q4 2018 was Jane Street, an estimated $7.2M added.
- The largest Direxion Daily Junior Gold Miners Index Bull 2X ETF seller in Q4 2018 was Impala Asset Management, an estimated $22.5M sold.
Based on aggregated 13F filings for Q4 2018.