Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
37 hedge funds and large institutions have $41.1M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2024 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 6 closing their positions.
107% more call options, than puts
Call options by funds: $104M | Put options by funds: $50M
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
23% more capital invested
Capital invested by funds: $33.5M → $41.1M (+$7.62M)
9% more funds holding
Funds holding: 34 → 37 (+3)
0.88% more ownership
Funds ownership: 6.26% → 7.14% (+0.88%)
9% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QC
Quadrature Capital
London,
United Kingdom
|
+$5.3M |
| 2 |
Squarepoint
New York
|
+$2.32M |
| 3 |
Renaissance Technologies
New York
|
+$1.25M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$958K |
| 5 |
IMC Chicago
Chicago,
Illinois
|
+$900K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$3.85M |
| 2 |
Jane Street
New York
|
-$3.67M |
| 3 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
-$1.75M |
| 4 |
FC
Fore Capital
New York
|
-$1.69M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.21M |
NUGT Hedge Fund Activity: Q3 2024 in Review
37 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q3 2024, worth a combined $41.1M — up 23% from $33.5M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new NUGT positions and 6 closed out — a net gain of 3 holders — while 10 added to existing stakes and 11 trimmed.
The largest buyer was Quadrature Capital, opening a new position worth an estimated $5.3M. The largest seller was HRT Financial, cutting an estimated $3.85M.
- 37 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q3 2024, up from 34 in Q2 2024.
- Funds reported $41.1M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q3 2024, up 23% quarter-over-quarter.
- 9 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q3 2024 and 6 closed out, a net change of +3 holders.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q3 2024 was Quadrature Capital, an estimated $5.3M added.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q3 2024 was HRT Financial, an estimated $3.85M sold.
Based on aggregated 13F filings for Q3 2024.