Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
38 hedge funds and large institutions have $21.4M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2023 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 15 increasing their positions, 5 reducing their positions, and 13 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 5
26% more call options, than puts
Call options by funds: $36M | Put options by funds: $28.7M
1% more capital invested
Capital invested by funds: $21.2M → $21.4M (+$207K)
0.52% more ownership
Funds ownership: 4.51% → 5.03% (+0.52%)
7% less funds holding
Funds holding: 41 → 38 (-3)
15% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Centric Wealth Management
Chicago,
Illinois
|
+$4.6M |
| 2 |
Simplex Trading
Chicago,
Illinois
|
+$2.39M |
| 3 |
Jane Street
New York
|
+$1.36M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
+$1.26M |
| 5 |
EFM
E Fund Management
Guangzhou,
China
|
+$636K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.62M |
| 2 |
JF
Jump Financial
Chicago,
Illinois
|
-$1.15M |
| 3 |
HF
HRT Financial
New York
|
-$970K |
| 4 |
GS
GTS Securities
New York
|
-$780K |
| 5 |
Goldman Sachs
New York
|
-$487K |
NUGT Hedge Fund Activity: Q3 2023 in Review
38 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q3 2023, worth a combined $21.4M — up 0.98% from $21.2M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of NUGT and 11 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 15 added.
The largest buyer was Centric Wealth Management, opening a new position worth an estimated $4.6M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $1.62M sold.
- 38 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q3 2023, down from 41 in Q2 2023.
- Funds reported $21.4M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q3 2023, up 0.98% quarter-over-quarter.
- 11 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q3 2023 and 13 closed out, a net change of -2 holders.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q3 2023 was Centric Wealth Management, an estimated $4.6M added.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q3 2023 was Susquehanna International Group, an estimated $1.62M sold.
Based on aggregated 13F filings for Q3 2023.