Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
35 hedge funds and large institutions have $38.7M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2015 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 14 closing their positions.
81% more capital invested
Capital invested by funds: $21.4M → $38.7M (+$17.3M)
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
21% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 14
20% more call options, than puts
Call options by funds: $94.3M | Put options by funds: $78.4M
6% more funds holding
Funds holding: 33 → 35 (+2)
1.43% more ownership
Funds ownership: 0.09% → 1.52% (+1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$15.5M |
| 2 |
Morgan Stanley
New York
|
+$5.29M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$5.04M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.48M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$1.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$4.81M |
| 2 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$1.37M |
| 3 |
Goldman Sachs
New York
|
-$481K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$277K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$274K |
NUGT Hedge Fund Activity: Q4 2015 in Review
35 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q4 2015, worth a combined $38.7M — up 81% from $21.4M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new NUGT positions and 14 closed out — a net gain of 3 holders — while 8 added to existing stakes and 6 trimmed.
The largest buyer was Credit Suisse, opening a new position worth an estimated $15.5M. The largest seller was Virtu Financial, exiting entirely with an estimated $4.81M sold.
- 35 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q4 2015, up from 33 in Q3 2015.
- Funds reported $38.7M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q4 2015, up 81% quarter-over-quarter.
- 17 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q4 2015 and 14 closed out, a net change of +3 holders.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q4 2015 was Credit Suisse, an estimated $15.5M added.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q4 2015 was Virtu Financial, an estimated $4.81M sold.
Based on aggregated 13F filings for Q4 2015.