Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
50 hedge funds and large institutions have $65.7M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2025 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 7 increasing their positions, 15 reducing their positions, and 14 closing their positions.
85% more capital invested
Capital invested by funds: $35.5M → $65.7M (+$30.1M)
36% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 14
11% more call options, than puts
Call options by funds: $169M | Put options by funds: $152M
11% more funds holding
Funds holding: 45 → 50 (+5)
0.22% more ownership
Funds ownership: 6.14% → 6.35% (+0.22%)
53% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SF
Summit Financial
Parsippany,
New Jersey
|
+$8.23M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
+$6.43M |
| 3 |
CFIM
Client First Investment Management
West Bend,
Wisconsin
|
+$4.95M |
| 4 |
GS
GTS Securities
New York
|
+$1.82M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QC
Quadrature Capital
London,
United Kingdom
|
-$11.6M |
| 2 |
Jane Street
New York
|
-$5.92M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$4.61M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$1M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$990K |
NUGT Hedge Fund Activity: Q3 2025 in Review
50 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q3 2025, worth a combined $65.7M — up 85% from $35.5M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new NUGT positions and 14 closed out — a net gain of 5 holders — while 7 added to existing stakes and 15 trimmed.
The largest buyer was Summit Financial, opening a new position worth an estimated $8.23M. The largest seller was Quadrature Capital, exiting entirely with an estimated $11.6M sold.
- 50 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q3 2025, up from 45 in Q2 2025.
- Funds reported $65.7M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q3 2025, up 85% quarter-over-quarter.
- 19 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q3 2025 and 14 closed out, a net change of +5 holders.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q3 2025 was Summit Financial, an estimated $8.23M added.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q3 2025 was Quadrature Capital, an estimated $11.6M sold.
Based on aggregated 13F filings for Q3 2025.