Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
48 hedge funds and large institutions have $76.4M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2020 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 13 closing their positions.
247% more capital invested
Capital invested by funds: $22M → $76.4M (+$54.4M)
38% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 13
35% more call options, than puts
Call options by funds: $200M | Put options by funds: $148M
12% more funds holding
Funds holding: 43 → 48 (+5)
6.02% more ownership
Funds ownership: 0.66% → 6.69% (+6%)
31% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$10.8M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$6.67M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$2.7M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
+$2.03M |
| 5 |
EIM
Elephas Investment Management
Hong Kong
|
+$1.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Simplex Trading
Chicago,
Illinois
|
-$5.93M |
| 2 |
CG
Cutler Group
San Francisco,
California
|
-$3.69M |
| 3 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$2.6M |
| 4 |
Barclays
London,
United Kingdom
|
-$721K |
| 5 |
Renaissance Technologies
New York
|
-$713K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RA
51
RFG Advisory
Birmingham,
Alabama
| – | -$68K | -2,000 | Closed |
|
|
TNB
52
TCF National Bank
Sioux Falls,
South Dakota
| – | -$68K | -2,000 | Closed |
|
53
CIBC World Market
Toronto,
Ontario, Canada
| – | -$219K | -1,288 | Closed |
|
54
Citigroup
New York
| – | -$37.6K | -580 | Closed |
|
|
EWM
55
Edge Wealth Management
New York
| – | -$7K | -200 | Closed |
|
56
Osaic Holdings
Scottsdale,
Arizona
| – | -$9K | -200 | Closed |
|
|
FDCDDQ
57
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$5.44K | -160 | Closed |
|
|
AWM
58
Atticus Wealth Management
Palm Beach Gardens,
Florida
| – | -$5K | -140 | Closed |
|
|
GRP
59
Global Retirement Partners
San Rafael,
California
| – | -$3K | -75 | Closed |
|
|
TCM
60
Tradewinds Capital Management
Bellingham,
Washington
| – | -$2K | -61 | Closed |
|
NUGT Hedge Fund Activity: Q2 2020 in Review
48 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q2 2020, worth a combined $76.4M — up 247% from $22M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new NUGT positions and 13 closed out — a net gain of 5 holders — while 9 added to existing stakes and 13 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $10.8M. The largest seller was Simplex Trading, cutting an estimated $5.93M.
- 48 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q2 2020, up from 43 in Q1 2020.
- Funds reported $76.4M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q2 2020, up 247% quarter-over-quarter.
- 18 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q2 2020 and 13 closed out, a net change of +5 holders.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q2 2020 was Susquehanna International Group, an estimated $10.8M added.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q2 2020 was Simplex Trading, an estimated $5.93M sold.
Based on aggregated 13F filings for Q2 2020.