Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
41 hedge funds and large institutions have $35.1M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2025 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 11 closing their positions.
65% more call options, than puts
Call options by funds: $70.6M | Put options by funds: $42.9M
50% more capital invested
Capital invested by funds: $23.4M → $35.1M (+$11.7M)
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
8% more funds holding
Funds holding: 38 → 41 (+3)
1.81% more ownership
Funds ownership: 4.61% → 6.42% (+1.8%)
9% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JF
Jump Financial
Chicago,
Illinois
|
+$6.52M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.38M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$2.33M |
| 4 |
VF
Virtu Financial
New York
|
+$1.06M |
| 5 |
TSS
Two Sigma Securities
New York
|
+$748K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QC
Quadrature Capital
London,
United Kingdom
|
-$5.04M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
-$3.6M |
| 3 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
-$2.68M |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
-$2.18M |
| 5 |
Jane Street
New York
|
-$1.19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CJ
51
Caitlin John
Brighton,
Michigan
| – | -$37.3K | -1,061 | Closed |
|
|
IA
52
IFP Advisors
Tampa,
Florida
| – | -$24.6K | -700 | Closed |
|
53
Fidelity Investments
Boston,
Massachusetts
| – | -$35 | -1 | Closed |
|
NUGT Hedge Fund Activity: Q1 2025 in Review
41 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q1 2025, worth a combined $35.1M — up 50% from $23.4M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new NUGT positions and 11 closed out — a net gain of 3 holders — while 10 added to existing stakes and 11 trimmed.
The largest buyer was Jump Financial, opening a new position worth an estimated $6.52M. The largest seller was Quadrature Capital, exiting entirely with an estimated $5.04M sold.
- 41 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q1 2025, up from 38 in Q4 2024.
- Funds reported $35.1M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q1 2025, up 50% quarter-over-quarter.
- 14 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q1 2025 and 11 closed out, a net change of +3 holders.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q1 2025 was Jump Financial, an estimated $6.52M added.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q1 2025 was Quadrature Capital, an estimated $5.04M sold.
Based on aggregated 13F filings for Q1 2025.