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Direxion Daily Gold Miners Index Bull 2X ETF
NUGT

40 hedge funds and large institutions have $93.8M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2016 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

101% more capital invested

Capital invested by funds: $46.7M → $93.8M (+$47.2M)

74% more call options, than puts

Call options by funds: $262M | Put options by funds: $150M

36% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 14

14% more funds holding

Funds holding: 35 → 40 (+5)

0.76% more ownership

Funds ownership: 1.84% → 2.6% (+0.76%)

20% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 10

Holders
40
Holders Change
+5
Holders Change %
+14.29%
% of All Funds
1.07%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.05%
New
19
Increased
8
Reduced
10
Closed
14
Calls
$262M
Puts
$150M
Net Calls
+$111M
Net Calls Change
+$95.4M

Top Buyers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
+$17M
2
SG Americas Securities
SG Americas Securities
New York
+$8.88M
3
Parallax Volatility Advisers
Parallax Volatility Advisers
California
+$7.55M
4
Goldman Sachs
Goldman Sachs
New York
+$3.05M
5
Balyasny Asset Management
Balyasny Asset Management
Illinois
+$2.22M

Top Sellers

Rank Fund Capital Flow
1
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
-$23.4M
2
CS
Credit Suisse
Switzerland
-$11.9M
3
Morgan Stanley
Morgan Stanley
New York
-$5.83M
4
Jane Street
Jane Street
New York
-$2.99M
5
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$2.05M
Name Holding Trade Value Shares
Change 		Change in
Stake
RJFSA
26
Raymond James Financial Services Advisors
Florida
$211K +$160K +900 New
Citigroup
27
Citigroup
New York
$192K +$146K +823 New
WA
28
WFG Advisors
Texas
$76K -$149K -840 -72%
UBS Group
29
UBS Group
Switzerland
$19K +$14.6K +82 New
CLOS
30
Compagnie Lombard Odier SCmA
Switzerland
$15K +$8.52K +48 +320%
Royal Bank of Canada
31
Royal Bank of Canada
Ontario, Canada
$13K +$9.77K +55 New
TCM
32
Tradewinds Capital Management
Washington
$9K -$2.13K -12 -24%
CFG
33
Citizens Financial Group
Rhode Island
$6K – – –
GWM
34
Gupta Wealth Management
California
$6K +$4.44K +25 New
RFA
35
Reilly Financial Advisors
California
$4K – – –
ASN
36
Advisory Services Network
Georgia
$2K +$1.6K +9 New
NSIM
37
North Star Investment Management
Illinois
$1K – – –
CS
38
Credit Suisse
Switzerland
– -$11.9M -122,325 Closed
HighTower Advisors
39
HighTower Advisors
Illinois
– -$831K -8,563 Closed
TCM
40
Traynor Capital Management
Pennsylvania
– -$407K -4,198 Closed
AFP
41
Ausdal Financial Partners
Iowa
– -$338K -3,477 Closed
BHA
42
Beech Hill Advisors
New York
– -$315K -3,243 Closed
Citadel Advisors
43
Citadel Advisors
Florida
– -$154K -1,591 Closed
HA
44
Harfst & Associates
Wyoming
– -$31K -328 Closed
AA
45
AlphaMark Advisors
Kentucky
– -$10K -100 Closed
TRCT
46
Tower Research Capital (TRC)
New York
– -$5K -52 Closed
LTFS
47
Ladenburg Thalmann Financial Services
Florida
– -$8.88K -50 -98%
AIA
48
Allegis Investment Advisors
Idaho
– -$2K -21 Closed
CP
49
Corbenic Partners
Pennsylvania
– -$2K -20 Closed
First Manhattan
50
First Manhattan
New York
– -$1K -16 Closed
1
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NUGT Hedge Fund Activity: Q1 2016 in Review

40 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q1 2016, worth a combined $93.8M — up 101% from $46.7M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new NUGT positions and 14 closed out — a net gain of 5 holders — while 8 added to existing stakes and 10 trimmed.

The largest buyer was Bank of America, adding an estimated $17M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $23.4M.

  • 40 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q1 2016, up from 35 in Q4 2015.
  • Funds reported $93.8M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q1 2016, up 101% quarter-over-quarter.
  • 19 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q1 2016 and 14 closed out, a net change of +5 holders.
  • The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q1 2016 was Bank of America, an estimated $17M added.
  • The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q1 2016 was BNP Paribas Financial Markets, an estimated $23.4M sold.

Based on aggregated 13F filings for Q1 2016.