Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
44 hedge funds and large institutions have $86M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2019 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 6 increasing their positions, 15 reducing their positions, and 14 closing their positions.
28% more capital invested
Capital invested by funds: $67.2M → $86M (+$18.8M)
14% more call options, than puts
Call options by funds: $197M | Put options by funds: $172M
0.38% more ownership
Funds ownership: 1.02% → 1.4% (+0.38%)
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
2% less funds holding
Funds holding: 45 → 44 (-1)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
60% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$38.5M |
| 2 |
Barclays
London,
United Kingdom
|
+$5.39M |
| 3 |
JG
Jefferies Group
New York
|
+$3.41M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
+$3.31M |
| 5 |
CG
Cutler Group
San Francisco,
California
|
+$2.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$15M |
| 2 |
Jane Street
New York
|
-$7.57M |
| 3 |
VF
Virtu Financial
New York
|
-$2.98M |
| 4 |
XS
XR Securities
Chicago,
Illinois
|
-$2.13M |
| 5 |
JP Morgan Chase
New York
|
-$1.77M |
NUGT Hedge Fund Activity: Q3 2019 in Review
44 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q3 2019, worth a combined $86M — up 28% from $67.2M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of NUGT and 13 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 6 added.
The largest buyer was Citadel Advisors, adding an estimated $38.5M. The largest seller was Susquehanna International Group, cutting an estimated $15M.
- 44 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q3 2019, down from 45 in Q2 2019.
- Funds reported $86M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q3 2019, up 28% quarter-over-quarter.
- 13 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q3 2019 and 14 closed out, a net change of -1 holder.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q3 2019 was Citadel Advisors, an estimated $38.5M added.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q3 2019 was Susquehanna International Group, an estimated $15M sold.
Based on aggregated 13F filings for Q3 2019.