Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
46 hedge funds and large institutions have $75.1M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2018 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
103% more capital invested
Capital invested by funds: $37.1M → $75.1M (+$38.1M)
58% more call options, than puts
Call options by funds: $142M | Put options by funds: $90.1M
12% more funds holding
Funds holding: 41 → 46 (+5)
0.64% more ownership
Funds ownership: 0.53% → 1.18% (+0.64%)
40% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 10
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$24.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$20.9M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$5.44M |
| 4 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$2.79M |
| 5 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$2.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$12.2M |
| 2 |
HJMC
Hellman Jordan Management Company
Quincy,
Massachusetts
|
-$2.44M |
| 3 |
VF
Virtu Financial
New York
|
-$1.84M |
| 4 |
XS
XR Securities
Chicago,
Illinois
|
-$1.17M |
| 5 |
Goldman Sachs
New York
|
-$1.15M |
NUGT Hedge Fund Activity: Q2 2018 in Review
46 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q2 2018, worth a combined $75.1M — up 103% from $37.1M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new NUGT positions and 4 closed out — a net gain of 7 holders — while 6 added to existing stakes and 10 trimmed.
The largest buyer was Jane Street, adding an estimated $24.2M. The largest seller was Susquehanna International Group, cutting an estimated $12.2M.
- 46 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q2 2018, up from 41 in Q1 2018.
- Funds reported $75.1M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q2 2018, up 103% quarter-over-quarter.
- 11 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q2 2018 and 4 closed out, a net change of +7 holders.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q2 2018 was Jane Street, an estimated $24.2M added.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q2 2018 was Susquehanna International Group, an estimated $12.2M sold.
Based on aggregated 13F filings for Q2 2018.