Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
37 hedge funds and large institutions have $33.5M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2013 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 10 increasing their positions, 5 reducing their positions, and 6 closing their positions.
183% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 6
100% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 5
92% more call options, than puts
Call options by funds: $122M | Put options by funds: $63.6M
42% more funds holding
Funds holding: 26 → 37 (+11)
8% more capital invested
Capital invested by funds: $31M → $33.5M (+$2.5M)
0% more ownership
Funds ownership: 0.12% → 0.13% (+0%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
+$7.69M |
| 2 |
VF
Virtu Financial
New York
|
+$5.92M |
| 3 |
Jane Street
New York
|
+$3.6M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$3.44M |
| 5 |
ZA
Zazove Associates
Incline Village,
Nevada
|
+$2.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HJMC
Hellman Jordan Management Company
Quincy,
Massachusetts
|
-$7.3M |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$1.74M |
| 3 |
RA
Raffles Associates
New York
|
-$754K |
| 4 |
Morgan Stanley
New York
|
-$361K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$333K |
NUGT Hedge Fund Activity: Q4 2013 in Review
37 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q4 2013, worth a combined $33.5M — up 8.1% from $31M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new NUGT positions and 6 closed out — a net gain of 11 holders — while 10 added to existing stakes and 5 trimmed.
The largest buyer was Virtu KCG Holdings, adding an estimated $7.69M. The largest seller was Hellman Jordan Management Company, exiting entirely with an estimated $7.3M sold.
- 37 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q4 2013, up from 26 in Q3 2013.
- Funds reported $33.5M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q4 2013, up 8.1% quarter-over-quarter.
- 17 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q4 2013 and 6 closed out, a net change of +11 holders.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q4 2013 was Virtu KCG Holdings, an estimated $7.69M added.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q4 2013 was Hellman Jordan Management Company, an estimated $7.3M sold.
Based on aggregated 13F filings for Q4 2013.