Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
58 hedge funds and large institutions have $42.5M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2022 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 9 increasing their positions, 14 reducing their positions, and 12 closing their positions.
155% more call options, than puts
Call options by funds: $126M | Put options by funds: $49.7M
58% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 12
14% more funds holding
Funds holding: 51 → 58 (+7)
1.23% less ownership
Funds ownership: 7.36% → 6.12% (-1.2%)
27% less capital invested
Capital invested by funds: $58.2M → $42.5M (-$15.6M)
36% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.41M |
| 2 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$2.95M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.9M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$1.27M |
| 5 |
VF
Virtu Financial
New York
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$17.7M |
| 2 |
Morgan Stanley
New York
|
-$6.43M |
| 3 |
MWP
Meridian Wealth Partners
Exton,
Pennsylvania
|
-$6.34M |
| 4 |
JF
Jump Financial
Chicago,
Illinois
|
-$2.78M |
| 5 |
Renaissance Technologies
New York
|
-$2.07M |
NUGT Hedge Fund Activity: Q1 2022 in Review
58 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q1 2022, worth a combined $42.5M — down 27% from $58.2M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new NUGT positions and 12 closed out — a net gain of 7 holders — while 9 added to existing stakes and 14 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $5.41M. The largest seller was Jane Street, cutting an estimated $17.7M.
- 58 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q1 2022, up from 51 in Q4 2021.
- Funds reported $42.5M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q1 2022, down 27% quarter-over-quarter.
- 19 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q1 2022 and 12 closed out, a net change of +7 holders.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q1 2022 was Susquehanna International Group, an estimated $5.41M added.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q1 2022 was Jane Street, an estimated $17.7M sold.
Based on aggregated 13F filings for Q1 2022.