Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
41 hedge funds and large institutions have $37.1M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2018 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 10 closing their positions.
29% more capital invested
Capital invested by funds: $28.7M → $37.1M (+$8.41M)
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
16% more call options, than puts
Call options by funds: $120M | Put options by funds: $103M
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
3% more funds holding
Funds holding: 40 → 41 (+1)
0.12% more ownership
Funds ownership: 0.42% → 0.53% (+0.12%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$18.8M |
| 2 |
HJMC
Hellman Jordan Management Company
Quincy,
Massachusetts
|
+$2.77M |
| 3 |
Jane Street
New York
|
+$1.85M |
| 4 |
XS
XR Securities
Chicago,
Illinois
|
+$1.7M |
| 5 |
VF
Virtu Financial
New York
|
+$931K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.26M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$4.14M |
| 3 |
CG
Cutler Group
San Francisco,
California
|
-$3.38M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$488K |
| 5 |
JAM
Jolley Asset Management
Rocky Mount,
North Carolina
|
-$380K |
NUGT Hedge Fund Activity: Q1 2018 in Review
41 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q1 2018, worth a combined $37.1M — up 29% from $28.7M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new NUGT positions and 10 closed out — a net gain of 1 holder — while 9 added to existing stakes and 7 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $18.8M. The largest seller was Morgan Stanley, exiting entirely with an estimated $5.26M sold.
- 41 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q1 2018, up from 40 in Q4 2017.
- Funds reported $37.1M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q1 2018, up 29% quarter-over-quarter.
- 11 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q1 2018 and 10 closed out, a net change of +1 holder.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q1 2018 was Susquehanna International Group, an estimated $18.8M added.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q1 2018 was Morgan Stanley, an estimated $5.26M sold.
Based on aggregated 13F filings for Q1 2018.