Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
40 hedge funds and large institutions have $28.7M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2017 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 10 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
54% more capital invested
Capital invested by funds: $18.6M → $28.7M (+$10.1M)
54% more call options, than puts
Call options by funds: $254M | Put options by funds: $165M
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
3% more funds holding
Funds holding: 39 → 40 (+1)
0.11% more ownership
Funds ownership: 0.31% → 0.42% (+0.11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$4.49M |
| 2 |
CG
Cutler Group
San Francisco,
California
|
+$3.6M |
| 3 |
Jane Street
New York
|
+$2.55M |
| 4 |
Morgan Stanley
New York
|
+$2.28M |
| 5 |
VF
Virtu Financial
New York
|
+$2.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
-$2.34M |
| 2 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
-$1.98M |
| 3 |
Goldman Sachs
New York
|
-$1.33M |
| 4 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$903K |
| 5 |
Barclays
London,
United Kingdom
|
-$866K |
NUGT Hedge Fund Activity: Q4 2017 in Review
40 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q4 2017, worth a combined $28.7M — up 54% from $18.6M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NUGT positions and 10 closed out — a net gain of 2 holders — while 11 added to existing stakes and 6 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $4.49M. The largest seller was Essex Investment Management, exiting entirely with an estimated $2.34M sold.
- 40 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q4 2017, up from 39 in Q3 2017.
- Funds reported $28.7M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q4 2017, up 54% quarter-over-quarter.
- 12 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q4 2017 and 10 closed out, a net change of +2 holders.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q4 2017 was Citadel Advisors, an estimated $4.49M added.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q4 2017 was Essex Investment Management, an estimated $2.34M sold.
Based on aggregated 13F filings for Q4 2017.