Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
44 hedge funds and large institutions have $88.4M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2014 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 6 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
64% more capital invested
Capital invested by funds: $54M → $88.4M (+$34.4M)
10% more funds holding
Funds holding: 40 → 44 (+4)
10% more call options, than puts
Call options by funds: $123M | Put options by funds: $112M
0.04% more ownership
Funds ownership: 0.21% → 0.25% (+0.04%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIM
Bridgecreek Investment Management
Tulsa,
Oklahoma
|
+$3.84M |
| 2 |
HJMC
Hellman Jordan Management Company
Quincy,
Massachusetts
|
+$3.57M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.89M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$2.67M |
| 5 |
CT
CMT Trading
Chicago,
Illinois
|
+$1.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$5.02M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$3.23M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
-$927K |
| 4 |
HT
HAP Trading
New York
|
-$646K |
| 5 |
QC
QCM Cayman
Houston,
Texas
|
-$234K |
NUGT Hedge Fund Activity: Q2 2014 in Review
44 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q2 2014, worth a combined $88.4M — up 64% from $54M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NUGT positions and 6 closed out — a net gain of 4 holders — while 14 added to existing stakes and 8 trimmed.
The largest buyer was Bridgecreek Investment Management, adding an estimated $3.84M. The largest seller was Jane Street, cutting an estimated $5.02M.
- 44 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q2 2014, up from 40 in Q1 2014.
- Funds reported $88.4M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q2 2014, up 64% quarter-over-quarter.
- 10 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q2 2014 and 6 closed out, a net change of +4 holders.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q2 2014 was Bridgecreek Investment Management, an estimated $3.84M added.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q2 2014 was Jane Street, an estimated $5.02M sold.
Based on aggregated 13F filings for Q2 2014.