Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
49 hedge funds and large institutions have $41.8M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2020 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 11 closing their positions.
43% more call options, than puts
Call options by funds: $206M | Put options by funds: $144M
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
1.29% less ownership
Funds ownership: 4.92% → 3.63% (-1.3%)
4% less funds holding
Funds holding: 51 → 49 (-2)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
20% less capital invested
Capital invested by funds: $52.3M → $41.8M (-$10.5M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.48M |
| 2 |
Simplex Trading
Chicago,
Illinois
|
+$2.04M |
| 3 |
Jane Street
New York
|
+$1.82M |
| 4 |
Parallax Volatility Advisers
San Francisco,
California
|
+$1.41M |
| 5 |
SIM
Seaview Investment Managers
Miami,
Florida
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$9.04M |
| 2 |
HF
HRT Financial
New York
|
-$3.8M |
| 3 |
TMC
Trellus Management Company
Delray Beach,
Florida
|
-$985K |
| 4 |
CG
Cutler Group
San Francisco,
California
|
-$471K |
| 5 |
Morgan Stanley
New York
|
-$466K |
NUGT Hedge Fund Activity: Q4 2020 in Review
49 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q4 2020, worth a combined $41.8M — down 20% from $52.3M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of NUGT and 9 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 12 added.
The largest buyer was Susquehanna International Group, adding an estimated $5.48M. The largest seller was Citadel Advisors, exiting entirely with an estimated $9.04M sold.
- 49 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q4 2020, down from 51 in Q3 2020.
- Funds reported $41.8M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q4 2020, down 20% quarter-over-quarter.
- 9 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q4 2020 and 11 closed out, a net change of -2 holders.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q4 2020 was Susquehanna International Group, an estimated $5.48M added.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q4 2020 was Citadel Advisors, an estimated $9.04M sold.
Based on aggregated 13F filings for Q4 2020.