Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
51 hedge funds and large institutions have $51.7M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2020 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 12 increasing their positions, 14 reducing their positions, and 9 closing their positions.
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
26% more call options, than puts
Call options by funds: $214M | Put options by funds: $169M
6% more funds holding
Funds holding: 48 → 51 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.77% less ownership
Funds ownership: 6.69% → 4.92% (-1.8%)
14% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 14
32% less capital invested
Capital invested by funds: $76.4M → $51.7M (-$24.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$7.89M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$993K |
| 3 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
+$731K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$607K |
| 5 |
TMC
Trellus Management Company
Delray Beach,
Florida
|
+$472K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$15.6M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$8.04M |
| 3 |
VF
Virtu Financial
New York
|
-$4.49M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$3.94M |
| 5 |
IMC Chicago
Chicago,
Illinois
|
-$3.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
IMC Chicago
Chicago,
Illinois
| – | -$3.04M | -38,855 | Closed |
|
|
EIM
52
Elephas Investment Management
Hong Kong
| – | -$1.96M | -25,000 | Closed |
|
|
SSA
53
Schonfeld Strategic Advisors
New York
| – | -$453K | -5,800 | Closed |
|
|
CRWM
54
Castle Rock Wealth Management
Walnut Creek,
California
| – | -$475K | -4,209 | Closed |
|
|
MAFM
55
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
| – | -$215K | -2,749 | Closed |
|
|
CAN
56
Cetera Advisor Networks
El Segundo,
California
| – | -$21K | -275 | Closed |
|
|
JPLA
57
Joseph P. Lucia & Associates
Yorktown Heights,
New York
| – | -$2K | -30 | Closed |
|
|
MF
58
Manchester Financial
Westlake Village,
California
| – | -$944 | -10 | -67% |
|
59
Wells Fargo
San Francisco,
California
| – | +$189 | +2 | New |
|
NUGT Hedge Fund Activity: Q3 2020 in Review
51 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q3 2020, worth a combined $51.7M — down 32% from $76.4M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NUGT positions and 9 closed out — a net gain of 3 holders — while 12 added to existing stakes and 14 trimmed.
The largest buyer was HRT Financial, adding an estimated $7.89M. The largest seller was Susquehanna International Group, cutting an estimated $15.6M.
- 51 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q3 2020, up from 48 in Q2 2020.
- Funds reported $51.7M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q3 2020, down 32% quarter-over-quarter.
- 12 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q3 2020 and 9 closed out, a net change of +3 holders.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q3 2020 was HRT Financial, an estimated $7.89M added.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q3 2020 was Susquehanna International Group, an estimated $15.6M sold.
Based on aggregated 13F filings for Q3 2020.