Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
38 hedge funds and large institutions have $17.5M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2017 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 17 closing their positions.
53% more call options, than puts
Call options by funds: $214M | Put options by funds: $140M
0.16% more ownership
Funds ownership: 0.1% → 0.27% (+0.16%)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
21% less funds holding
Funds holding: 48 → 38 (-10)
48% less capital invested
Capital invested by funds: $34M → $17.5M (-$16.4M)
53% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$2.49M |
| 2 |
Goldman Sachs
New York
|
+$2.27M |
| 3 |
CG
Cutler Group
San Francisco,
California
|
+$1.65M |
| 4 |
Jane Street
New York
|
+$1.18M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$569K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$8.54M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$3.69M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$2.51M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$1.71M |
| 5 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
-$1.43M |
NUGT Hedge Fund Activity: Q2 2017 in Review
38 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q2 2017, worth a combined $17.5M — down 48% from $34M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of NUGT and 8 opened new positions — a net loss of 9 holders — while 12 trimmed existing stakes and 11 added.
The largest buyer was Barclays, adding an estimated $2.49M. The largest seller was Citigroup, exiting entirely with an estimated $8.54M sold.
- 38 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q2 2017, down from 48 in Q1 2017.
- Funds reported $17.5M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q2 2017, down 48% quarter-over-quarter.
- 8 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q2 2017 and 17 closed out, a net change of -9 holders.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q2 2017 was Barclays, an estimated $2.49M added.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q2 2017 was Citigroup, an estimated $8.54M sold.
Based on aggregated 13F filings for Q2 2017.