Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
48 hedge funds and large institutions have $31.3M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2021 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 8 closing their positions.
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
41% more call options, than puts
Call options by funds: $106M | Put options by funds: $75M
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
7% more funds holding
Funds holding: 45 → 48 (+3)
1.44% less ownership
Funds ownership: 4.91% → 3.47% (-1.4%)
29% less capital invested
Capital invested by funds: $44.1M → $31.3M (-$12.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Raffles Associates
New York
|
+$2.73M |
| 2 |
CG
Cutler Group
San Francisco,
California
|
+$1.97M |
| 3 |
IMC Chicago
Chicago,
Illinois
|
+$1.69M |
| 4 |
Jane Street
New York
|
+$1.09M |
| 5 |
VF
Virtu Financial
New York
|
+$872K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$11.3M |
| 2 |
HF
HRT Financial
New York
|
-$8.13M |
| 3 |
Renaissance Technologies
New York
|
-$2.44M |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
-$2.18M |
| 5 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$2.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Truist Financial
Charlotte,
North Carolina
| – | -$202K | -3,700 | Closed |
|
52
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$27K | -486 | Closed |
|
|
SFS
53
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$24K | -347 | Closed |
|
|
MF
54
Manchester Financial
Westlake Village,
California
| – | -$3K | -50 | Closed |
|
55
Fidelity Investments
Boston,
Massachusetts
| – | +$68 | +1 | New |
|
|
SCA
56
Stonebridge Capital Advisors
St Paul,
Minnesota
| – | +$409 | +6 | +100% |
|
NUGT Hedge Fund Activity: Q2 2021 in Review
48 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q2 2021, worth a combined $31.3M — down 29% from $44.1M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NUGT positions and 8 closed out — a net gain of 4 holders — while 11 added to existing stakes and 10 trimmed.
The largest buyer was Raffles Associates, opening a new position worth an estimated $2.73M. The largest seller was Susquehanna International Group, cutting an estimated $11.3M.
- 48 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q2 2021, up from 45 in Q1 2021.
- Funds reported $31.3M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q2 2021, down 29% quarter-over-quarter.
- 12 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q2 2021 and 8 closed out, a net change of +4 holders.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q2 2021 was Raffles Associates, an estimated $2.73M added.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q2 2021 was Susquehanna International Group, an estimated $11.3M sold.
Based on aggregated 13F filings for Q2 2021.