Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
48 hedge funds and large institutions have $34M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2017 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 14 increasing their positions, 14 reducing their positions, and 13 closing their positions.
42% more call options, than puts
Call options by funds: $94.4M | Put options by funds: $66.6M
0% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 14
0.01% less ownership
Funds ownership: 0.12% → 0.1% (-0.01%)
5% less capital invested
Capital invested by funds: $35.9M → $34M (-$1.89M)
8% less funds holding
Funds holding: 52 → 48 (-4)
15% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 13
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$2.72M |
| 3 |
Morgan Stanley
New York
|
+$1.42M |
| 4 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$1.19M |
| 5 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$671K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$3.57M |
| 2 |
Citigroup
New York
|
-$3.06M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.47M |
| 4 |
TSS
Two Sigma Securities
New York
|
-$1.1M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$377K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
51
Wolverine Asset Management
Chicago,
Illinois
| – | -$63.8K | -315 | Closed |
|
52
Walleye Trading
New York
| – | -$55.7K | -275 | Closed |
|
|
WA
53
WFG Advisors
Dallas,
Texas
| – | -$31K | -200 | Closed |
|
54
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$23K | -150 | Closed |
|
|
WA
55
Winfield Associates
Cleveland,
Ohio
| – | -$8K | -50 | Closed |
|
56
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$4K | -25 | Closed |
|
|
DADC
57
D.A. Davidson & Co
Great Falls,
Montana
| – | +$202 | +1 | New |
|
|
HA
58
Harfst & Associates
Sheridan,
Wyoming
| – | +$607 | +3 | New |
|
NUGT Hedge Fund Activity: Q1 2017 in Review
48 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q1 2017, worth a combined $34M — down 5.3% from $35.9M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of NUGT and 11 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 14 added.
The largest buyer was Bank of America, adding an estimated $2.8M. The largest seller was Goldman Sachs, cutting an estimated $3.57M.
- 48 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q1 2017, down from 52 in Q4 2016.
- Funds reported $34M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q1 2017, down 5.3% quarter-over-quarter.
- 11 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q1 2017 and 13 closed out, a net change of -2 holders.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q1 2017 was Bank of America, an estimated $2.8M added.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q1 2017 was Goldman Sachs, an estimated $3.57M sold.
Based on aggregated 13F filings for Q1 2017.