Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
41 hedge funds and large institutions have $21.2M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2023 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 12 closing their positions.
54% more call options, than puts
Call options by funds: $40.2M | Put options by funds: $26.1M
3% more funds holding
Funds holding: 40 → 41 (+1)
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
3.25% less ownership
Funds ownership: 7.75% → 4.51% (-3.2%)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
51% less capital invested
Capital invested by funds: $43.4M → $21.2M (-$22.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$2.09M |
| 2 |
JF
Jump Financial
Chicago,
Illinois
|
+$1.38M |
| 3 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
+$1.25M |
| 4 |
HF
HRT Financial
New York
|
+$1.17M |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$7.74M |
| 2 |
Simplex Trading
Chicago,
Illinois
|
-$6.63M |
| 3 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
-$5.67M |
| 4 |
Jane Street
New York
|
-$3.27M |
| 5 |
CG
Cutler Group
San Francisco,
California
|
-$918K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IIA
51
IPG Investment Advisors
San Diego,
California
| – | -$211K | -5,038 | Closed |
|
|
TAM
52
Tucker Asset Management
Littleton,
Colorado
| – | -$111K | -2,650 | Closed |
|
|
AWM
53
Atticus Wealth Management
Palm Beach Gardens,
Florida
| – | -$82.7K | -1,972 | Closed |
|
54
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$84 | +2 | New |
|
NUGT Hedge Fund Activity: Q2 2023 in Review
41 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q2 2023, worth a combined $21.2M — down 51% from $43.4M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new NUGT positions and 12 closed out — a net gain of 1 holder — while 9 added to existing stakes and 10 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $2.09M. The largest seller was Susquehanna International Group, cutting an estimated $7.74M.
- 41 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q2 2023, up from 40 in Q1 2023.
- Funds reported $21.2M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q2 2023, down 51% quarter-over-quarter.
- 13 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q2 2023 and 12 closed out, a net change of +1 holder.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q2 2023 was Citadel Advisors, an estimated $2.09M added.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q2 2023 was Susquehanna International Group, an estimated $7.74M sold.
Based on aggregated 13F filings for Q2 2023.