Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
45 hedge funds and large institutions have $67.2M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2019 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 10 closing their positions.
202% more capital invested
Capital invested by funds: $22.2M → $67.2M (+$44.9M)
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
77% more call options, than puts
Call options by funds: $185M | Put options by funds: $105M
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
15% more funds holding
Funds holding: 39 → 45 (+6)
0.64% more ownership
Funds ownership: 0.38% → 1.02% (+0.64%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$7.49M |
| 2 |
Jane Street
New York
|
+$5.45M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$4.78M |
| 4 |
VF
Virtu Financial
New York
|
+$2.28M |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$1.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
-$2.97M |
| 2 |
SG Americas Securities
New York
|
-$1.74M |
| 3 |
Barclays
London,
United Kingdom
|
-$344K |
| 4 |
Walleye Trading
New York
|
-$206K |
| 5 |
BCM
Bourgeon Capital Management
Darien,
Connecticut
|
-$202K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
51
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$5K | -50 | Closed |
|
|
TRCT
52
Tower Research Capital (TRC)
New York
| – | -$4K | -44 | Closed |
|
53
Fidelity Investments
Boston,
Massachusetts
| – | +$92 | +1 | +100% |
|
NUGT Hedge Fund Activity: Q2 2019 in Review
45 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q2 2019, worth a combined $67.2M — up 202% from $22.2M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new NUGT positions and 10 closed out — a net gain of 6 holders — while 10 added to existing stakes and 4 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $7.49M. The largest seller was Essex Investment Management, exiting entirely with an estimated $2.97M sold.
- 45 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q2 2019, up from 39 in Q1 2019.
- Funds reported $67.2M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q2 2019, up 202% quarter-over-quarter.
- 16 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q2 2019 and 10 closed out, a net change of +6 holders.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q2 2019 was Susquehanna International Group, an estimated $7.49M added.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q2 2019 was Essex Investment Management, an estimated $2.97M sold.
Based on aggregated 13F filings for Q2 2019.