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Direxion Daily Gold Miners Index Bull 2X ETF
NUGT

45 hedge funds and large institutions have $18.4M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2022 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

130% more call options, than puts

Call options by funds: $61.9M | Put options by funds: $27M

63% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 8

1.7% less ownership

Funds ownership: 6.12% → 4.42% (-1.7%)

22% less funds holding

Funds holding: 58 → 45 (-13)

57% less capital invested

Capital invested by funds: $42.5M → $18.4M (-$24.1M)

67% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 18

Holders
45
Holders Change
-13
Holders Change %
-22.41%
% of All Funds
0.76%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
6
Increased
13
Reduced
8
Closed
18
Calls
$61.9M
Puts
$27M
Net Calls
+$34.9M
Net Calls Change
-$41.9M

Top Buyers

Rank Fund Capital Flow
1
HF
HRT Financial
New York
+$5.02M
2
DWM
Drive Wealth Management
Utah
+$2.44M
3
Simplex Trading
Simplex Trading
Illinois
+$2.44M
4
IMC Chicago
IMC Chicago
Illinois
+$1.42M
5
FTUS
Flow Traders U.S.
New York
+$872K

Top Sellers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$7.03M
2
Squarepoint
Squarepoint
New York
-$4.54M
3
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$2.39M
4
Jane Street
Jane Street
New York
-$1.42M
5
SFS
Sowell Financial Services
Arkansas
-$1.34M
Name Holding Trade Value Shares
Change 		Change in
Stake
CCMW
26
Cypress Capital Management (Wyoming)
Wyoming
$29K +$46.4K +855 New
PNC Financial Services Group
27
PNC Financial Services Group
Pennsylvania
$26K – – –
NFSG
28
Newbridge Financial Services Group
Florida
$24K – – –
TRCT
29
Tower Research Capital (TRC)
New York
$23K -$29.4K -541 -45%
Osaic Holdings
30
Osaic Holdings
Arizona
$18K – – –
MCC
31
Money Concepts Capital
Florida
$15K – – –
HS
32
Horan Securities
United States
$8K – – –
FHA
33
First Horizon Advisors
Tennessee
$8K +$14.1K +260 New
AA
34
AlphaMark Advisors
Kentucky
$7K – – –
NSIM
35
North Star Investment Management
Illinois
$7K – – –
GWM
36
Geneos Wealth Management
Colorado
$5K – – –
IHWM
37
Iron Horse Wealth Management
Iowa
$5K +$8.41K +155 New
CWC
38
Carolinas Wealth Consulting
North Carolina
$4K – – –
Royal Bank of Canada
39
Royal Bank of Canada
Ontario, Canada
$4K – – –
IA
40
IFP Advisors
Florida
$3K – – –
CAPTRUST Financial Advisors
41
CAPTRUST Financial Advisors
North Carolina
$2K – – –
CTC
42
Central Trust Company
Missouri
$1K – – –
SBL
43
Sargent Bickham Lagudis
Colorado
$1K – – –
Squarepoint
44
Squarepoint
New York
– -$4.54M -64,169 Closed
SFS
45
Sowell Financial Services
Arkansas
– -$1.34M -51,996 Closed
Envestnet Asset Management
46
Envestnet Asset Management
Illinois
– -$2.39M -33,401 Closed
VF
47
Virtu Financial
New York
– -$1.29M -18,159 Closed
TSS
48
Two Sigma Securities
New York
– -$1.26M -17,845 Closed
Goldman Sachs
49
Goldman Sachs
New York
– -$688K -9,717 Closed
FIM
50
Freedom Investment Management
Connecticut
– -$526K -7,421 Closed
1
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NUGT Hedge Fund Activity: Q2 2022 in Review

45 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q2 2022, worth a combined $18.4M — down 57% from $42.5M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of NUGT and 6 opened new positions — a net loss of 12 holders — while 8 trimmed existing stakes and 13 added.

The largest buyer was HRT Financial, opening a new position worth an estimated $5.02M. The largest seller was Susquehanna International Group, cutting an estimated $7.03M.

  • 45 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q2 2022, down from 58 in Q1 2022.
  • Funds reported $18.4M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q2 2022, down 57% quarter-over-quarter.
  • 6 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q2 2022 and 18 closed out, a net change of -12 holders.
  • The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q2 2022 was HRT Financial, an estimated $5.02M added.
  • The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q2 2022 was Susquehanna International Group, an estimated $7.03M sold.

Based on aggregated 13F filings for Q2 2022.