Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
27 hedge funds and large institutions have $34.7M invested in Direxion Daily Junior Gold Miners Index Bull 2X ETF in 2019 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 16 closing their positions.
108% more call options, than puts
Call options by funds: $175M | Put options by funds: $84.2M
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
0.4% more ownership
Funds ownership: 0.1% → 0.5% (+0.4%)
13% less funds holding
Funds holding: 31 → 27 (-4)
21% less capital invested
Capital invested by funds: $44M → $34.7M (-$9.24M)
25% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 16
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$10.3M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
+$2.42M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$1.77M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$869K |
| 5 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$463K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
XS
XR Securities
Chicago,
Illinois
|
-$6.81M |
| 2 |
VF
Virtu Financial
New York
|
-$4.78M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.06M |
| 4 |
Jane Street
New York
|
-$2.54M |
| 5 |
Morgan Stanley
New York
|
-$2M |
JNUG Hedge Fund Activity: Q3 2019 in Review
27 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Junior Gold Miners Index Bull 2X ETF (JNUG) for Q3 2019, worth a combined $34.7M — down 21% from $44M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of JNUG and 12 opened new positions — a net loss of 4 holders — while 5 trimmed existing stakes and 8 added.
The largest buyer was Citadel Advisors, adding an estimated $10.3M. The largest seller was XR Securities, exiting entirely with an estimated $6.81M sold.
- 27 institutional investors held Direxion Daily Junior Gold Miners Index Bull 2X ETF (JNUG) as of Q3 2019, down from 31 in Q2 2019.
- Funds reported $34.7M of Direxion Daily Junior Gold Miners Index Bull 2X ETF stock for Q3 2019, down 21% quarter-over-quarter.
- 12 funds opened new Direxion Daily Junior Gold Miners Index Bull 2X ETF positions in Q3 2019 and 16 closed out, a net change of -4 holders.
- The largest Direxion Daily Junior Gold Miners Index Bull 2X ETF buyer in Q3 2019 was Citadel Advisors, an estimated $10.3M added.
- The largest Direxion Daily Junior Gold Miners Index Bull 2X ETF seller in Q3 2019 was XR Securities, an estimated $6.81M sold.
Based on aggregated 13F filings for Q3 2019.