Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
44 hedge funds and large institutions have $82.4M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2019 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 7 reducing their positions, and 10 closing their positions.
143% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 7
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
32% more call options, than puts
Call options by funds: $257M | Put options by funds: $195M
0% more funds holding
Funds holding: 44 → 44 (0)
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
0.4% less ownership
Funds ownership: 1.4% → 1% (-0.4%)
4% less capital invested
Capital invested by funds: $86M → $82.4M (-$3.62M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$4.38M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.01M |
| 3 |
XS
XR Securities
Chicago,
Illinois
|
+$2.68M |
| 4 |
Millennium Management
New York
|
+$2.46M |
| 5 |
Morgan Stanley
New York
|
+$1.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$29.9M |
| 2 |
JG
Jefferies Group
New York
|
-$2.89M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
-$2.33M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
-$1.94M |
| 5 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
-$1.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Walleye Trading
New York
| – | -$81.8K | -567 | Closed |
|
|
HS
52
Horan Securities
Cincinnati,
United States
| – | -$22K | -156 | Closed |
|
53
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$7K | -50 | Closed |
|
NUGT Hedge Fund Activity: Q4 2019 in Review
44 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q4 2019, worth a combined $82.4M — down 4.2% from $86M a quarter earlier.
Fund positioning in NUGT was balanced in Q4 2019: 10 funds opened new positions, 10 closed out, 17 added to existing stakes and 7 trimmed.
The largest buyer was Jane Street, adding an estimated $4.38M. The largest seller was Citadel Advisors, cutting an estimated $29.9M.
- 44 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q4 2019, unchanged from Q3 2019.
- Funds reported $82.4M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q4 2019, down 4.2% quarter-over-quarter.
- 10 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q4 2019 and 10 closed out, a net change of 0 holders.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q4 2019 was Jane Street, an estimated $4.38M added.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q4 2019 was Citadel Advisors, an estimated $29.9M sold.
Based on aggregated 13F filings for Q4 2019.