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Direxion Daily Gold Miners Index Bull 2X ETF
NUGT

40 hedge funds and large institutions have $53.8M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2014 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

61% more capital invested

Capital invested by funds: $33.5M → $53.8M (+$20.3M)

57% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 7

23% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 13

8% more funds holding

Funds holding: 37 → 40 (+3)

0.09% more ownership

Funds ownership: 0.13% → 0.21% (+0.09%)

41% less call options, than puts

Call options by funds: $68M | Put options by funds: $114M

Holders
40
Holders Change
+3
Holders Change %
+8.11%
% of All Funds
1.16%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
16
Increased
11
Reduced
7
Closed
13
Calls
$68M
Puts
$114M
Net Calls
-$46.3M
Net Calls Change
-$105M

Top Buyers

Rank Fund Capital Flow
1
CA
Commerzbank Aktiengesellschaft
Germany
+$6.96M
2
Jane Street
Jane Street
New York
+$5.06M
3
Nomura Holdings
Nomura Holdings
Japan
+$4.67M
4
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
+$4.01M
5
FTUS
Flow Traders U.S.
New York
+$3.86M

Top Sellers

Rank Fund Capital Flow
1
VKH
Virtu KCG Holdings
New York
-$6.02M
2
VF
Virtu Financial
New York
-$4.27M
3
Morgan Stanley
Morgan Stanley
New York
-$2.15M
4
ACI
Alpha Cubed Investments
California
-$785K
5
TRCT
Tower Research Capital (TRC)
New York
-$779K
Name Holding Trade Value Shares
Change 		Change in
Stake
CLOS
26
Compagnie Lombard Odier SCmA
Switzerland
$76K – – –
U
27
UBS
Switzerland
$58K +$68K +41 +4,100%
WA
28
WFG Advisors
Texas
$43K -$257K -155 -83%
Bank of Montreal
29
Bank of Montreal
Ontario, Canada
$35K +$41.5K +25 New
BCM
30
Blume Capital Management
California
$27K +$31.5K +19 New
CP
31
Corbenic Partners
Pennsylvania
$21K +$11.6K +7 +88%
JT
32
Jump Trading
Illinois
$18K +$21.6K +13 New
WA
33
Waverly Advisors
Alabama
$17K -$51.4K -31 -70%
CAPTRUST Financial Advisors
34
CAPTRUST Financial Advisors
North Carolina
$14K -$14.9K -9 -47%
BRWM
35
B. Riley Wealth Management
Tennessee
$9K +$9.96K +6 New
FNBT
36
FineMark National Bank & Trust
Florida
$7K – – –
Royal Bank of Canada
37
Royal Bank of Canada
Ontario, Canada
$7K – – –
TCM
38
Tradewinds Capital Management
Washington
$5K +$3.32K +2 +100%
AIG
39
American International Group
New York
$935 – – –
Walleye Trading
40
Walleye Trading
New York
$166 +$199K +120 New
VKH
41
Virtu KCG Holdings
New York
– -$6.02M -5,487 Closed
VF
42
Virtu Financial
New York
– -$4.27M -3,896 Closed
ACI
43
Alpha Cubed Investments
California
– -$785K -716 Closed
TRCT
44
Tower Research Capital (TRC)
New York
– -$779K -711 Closed
CAM
45
CMT Asset Management
Illinois
– -$463K -423 Closed
TH
46
Timber Hill
Connecticut
– -$422K -385 Closed
Commonwealth Equity Services
47
Commonwealth Equity Services
Massachusetts
– -$275K -251 Closed
AGM
48
Alpine Global Management
New York
– -$205K -187 Closed
WAM
49
Wolverine Asset Management
Illinois
– -$134K -81 Closed
FMA
50
FNY Managed Accounts
New York
– -$82K -75 Closed
1
2
3

NUGT Hedge Fund Activity: Q1 2014 in Review

40 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q1 2014, worth a combined $53.8M — up 61% from $33.5M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new NUGT positions and 13 closed out — a net gain of 3 holders — while 11 added to existing stakes and 7 trimmed.

The largest buyer was Commerzbank Aktiengesellschaft, adding an estimated $6.96M. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $6.02M sold.

  • 40 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q1 2014, up from 37 in Q4 2013.
  • Funds reported $53.8M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q1 2014, up 61% quarter-over-quarter.
  • 16 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q1 2014 and 13 closed out, a net change of +3 holders.
  • The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q1 2014 was Commerzbank Aktiengesellschaft, an estimated $6.96M added.
  • The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q1 2014 was Virtu KCG Holdings, an estimated $6.02M sold.

Based on aggregated 13F filings for Q1 2014.