Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
52 hedge funds and large institutions have $35.9M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2016 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 20 increasing their positions, 7 reducing their positions, and 11 closing their positions.
186% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 7
73% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 11
24% more call options, than puts
Call options by funds: $108M | Put options by funds: $87.5M
16% more funds holding
Funds holding: 45 → 52 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.28% less ownership
Funds ownership: 0.4% → 0.12% (-0.28%)
72% less capital invested
Capital invested by funds: $129M → $35.9M (-$93.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HJMC
Hellman Jordan Management Company
Quincy,
Massachusetts
|
+$5.77M |
| 2 |
Goldman Sachs
New York
|
+$3.87M |
| 3 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$3.72M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.78M |
| 5 |
Citigroup
New York
|
+$1.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$72M |
| 2 |
O
OppenheimerFunds
New York
|
-$7.57M |
| 3 |
VF
Virtu Financial
New York
|
-$2.17M |
| 4 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$1.21M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$1.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Barclays
London,
United Kingdom
| – | -$359K | -1,734 | -100% |
|
|
HT
52
HAP Trading
New York
| – | -$200K | -964 | Closed |
|
|
RJFSA
53
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$208K | -550 | Closed |
|
|
JAM
54
Jolley Asset Management
Rocky Mount,
North Carolina
| – | -$95K | -250 | Closed |
|
55
UBS Group
Zurich,
Switzerland
| – | -$48.3K | -233 | -100% |
|
|
CLOS
56
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| – | -$24K | -63 | Closed |
|
|
JT
57
Jump Trading
Chicago,
Illinois
| – | -$21K | -57 | Closed |
|
|
RFA
58
Reilly Financial Advisors
La Mesa,
California
| – | -$9K | -23 | Closed |
|
|
LTFS
59
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$8K | -20 | Closed |
|
60
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$414 | +2 | New |
|
|
NSIM
61
North Star Investment Management
Chicago,
Illinois
| – | +$621 | +3 | New |
|
NUGT Hedge Fund Activity: Q4 2016 in Review
52 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q4 2016, worth a combined $35.9M — down 72% from $129M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new NUGT positions and 11 closed out — a net gain of 8 holders — while 20 added to existing stakes and 7 trimmed.
The largest buyer was Hellman Jordan Management Company, adding an estimated $5.77M. The largest seller was Credit Suisse, exiting entirely with an estimated $72M sold.
- 52 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q4 2016, up from 45 in Q3 2016.
- Funds reported $35.9M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q4 2016, down 72% quarter-over-quarter.
- 19 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q4 2016 and 11 closed out, a net change of +8 holders.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q4 2016 was Hellman Jordan Management Company, an estimated $5.77M added.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q4 2016 was Credit Suisse, an estimated $72M sold.
Based on aggregated 13F filings for Q4 2016.