Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
47 hedge funds and large institutions have $37.8M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2018 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 12 closing their positions.
170% more capital invested
Capital invested by funds: $14M → $37.8M (+$23.8M)
113% more call options, than puts
Call options by funds: $168M | Put options by funds: $78.8M
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
50% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 12
15% more funds holding
Funds holding: 41 → 47 (+6)
0.33% more ownership
Funds ownership: 0.25% → 0.58% (+0.33%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$4.58M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.26M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$3.63M |
| 4 |
Jane Street
New York
|
+$3.18M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$2.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
-$2.34M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$958K |
| 3 |
VF
Virtu Financial
New York
|
-$788K |
| 4 |
TMC
Trellus Management Company
Delray Beach,
Florida
|
-$457K |
| 5 |
CCMW
Cypress Capital Management (Wyoming)
Sheridan,
Wyoming
|
-$347K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AAP
51
Ardsley Advisory Partners
Stamford,
Connecticut
| – | -$130K | -2,000 | Closed |
|
52
Walleye Trading
New York
| – | -$41.6K | -567 | Closed |
|
53
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$8K | -130 | Closed |
|
54
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$3K | -40 | Closed |
|
|
MCM
55
Mainstay Capital Management
Grand Blanc,
Michigan
| – | -$1K | -18 | Closed |
|
|
ASN
56
Advisory Services Network
Atlanta,
Georgia
| – | -$367 | -5 | -50% |
|
NUGT Hedge Fund Activity: Q4 2018 in Review
47 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q4 2018, worth a combined $37.8M — up 170% from $14M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new NUGT positions and 12 closed out — a net gain of 6 holders — while 11 added to existing stakes and 7 trimmed.
The largest buyer was SG Americas Securities, opening a new position worth an estimated $4.58M. The largest seller was Essex Investment Management, exiting entirely with an estimated $2.34M sold.
- 47 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q4 2018, up from 41 in Q3 2018.
- Funds reported $37.8M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q4 2018, up 170% quarter-over-quarter.
- 18 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q4 2018 and 12 closed out, a net change of +6 holders.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q4 2018 was SG Americas Securities, an estimated $4.58M added.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q4 2018 was Essex Investment Management, an estimated $2.34M sold.
Based on aggregated 13F filings for Q4 2018.