Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
39 hedge funds and large institutions have $18.6M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2017 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 6 increasing their positions, 8 reducing their positions, and 12 closing their positions.
44% more call options, than puts
Call options by funds: $264M | Put options by funds: $183M
5% more capital invested
Capital invested by funds: $17.7M → $18.6M (+$915K)
3% more funds holding
Funds holding: 38 → 39 (+1)
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
0.04% more ownership
Funds ownership: 0.27% → 0.31% (+0.04%)
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.64M |
| 2 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$2.5M |
| 3 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
+$2.07M |
| 4 |
VF
Virtu Financial
New York
|
+$722K |
| 5 |
Goldman Sachs
New York
|
+$680K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.18M |
| 2 |
Jane Street
New York
|
-$1.74M |
| 3 |
CG
Cutler Group
San Francisco,
California
|
-$1.56M |
| 4 |
Barclays
London,
United Kingdom
|
-$1.53M |
| 5 |
Millennium Management
New York
|
-$463K |
NUGT Hedge Fund Activity: Q3 2017 in Review
39 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q3 2017, worth a combined $18.6M — up 5.2% from $17.7M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new NUGT positions and 12 closed out — a net gain of 1 holder — while 6 added to existing stakes and 8 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.64M. The largest seller was Bank of America, cutting an estimated $2.18M.
- 39 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q3 2017, up from 38 in Q2 2017.
- Funds reported $18.6M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q3 2017, up 5.2% quarter-over-quarter.
- 13 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q3 2017 and 12 closed out, a net change of +1 holder.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q3 2017 was Morgan Stanley, an estimated $2.64M added.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q3 2017 was Bank of America, an estimated $2.18M sold.
Based on aggregated 13F filings for Q3 2017.