Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
38 hedge funds and large institutions have $33.7M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2023 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 14 closing their positions.
57% more capital invested
Capital invested by funds: $21.4M → $33.7M (+$12.3M)
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
21% more call options, than puts
Call options by funds: $48.7M | Put options by funds: $40.3M
1.4% more ownership
Funds ownership: 5.03% → 6.43% (+1.4%)
0% more funds holding
Funds holding: 38 → 38 (0)
0% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$8.07M |
| 2 |
Squarepoint
New York
|
+$5.42M |
| 3 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
+$2.34M |
| 4 |
SF
Synovus Financial
Columbus,
Georgia
|
+$1.83M |
| 5 |
JF
Jump Financial
Chicago,
Illinois
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$5.38M |
| 2 |
CWM
Centric Wealth Management
Chicago,
Illinois
|
-$3.07M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
-$1.97M |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$1.7M |
| 5 |
Jane Street
New York
|
-$1.53M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SL
51
Savior LLC
Wellesley Hills,
Massachusetts
| – | -$4.48K | -168 | Closed |
|
|
SCA
52
Stonebridge Capital Advisors
St Paul,
Minnesota
| – | -$160 | -6 | Closed |
|
53
Fidelity Investments
Boston,
Massachusetts
| – | -$27 | -1 | Closed |
|
NUGT Hedge Fund Activity: Q4 2023 in Review
38 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q4 2023, worth a combined $33.7M — up 57% from $21.4M a quarter earlier.
Fund positioning in NUGT was balanced in Q4 2023: 14 funds opened new positions, 14 closed out, 10 added to existing stakes and 8 trimmed.
The largest buyer was HRT Financial, opening a new position worth an estimated $8.07M. The largest seller was Citadel Advisors, exiting entirely with an estimated $5.38M sold.
- 38 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q4 2023, unchanged from Q3 2023.
- Funds reported $33.7M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q4 2023, up 57% quarter-over-quarter.
- 14 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q4 2023 and 14 closed out, a net change of 0 holders.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q4 2023 was HRT Financial, an estimated $8.07M added.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q4 2023 was Citadel Advisors, an estimated $5.38M sold.
Based on aggregated 13F filings for Q4 2023.