Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
45 hedge funds and large institutions have $18.4M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2022 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 18 closing their positions.
130% more call options, than puts
Call options by funds: $61.9M | Put options by funds: $27M
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
1.7% less ownership
Funds ownership: 6.12% → 4.42% (-1.7%)
22% less funds holding
Funds holding: 58 → 45 (-13)
57% less capital invested
Capital invested by funds: $42.5M → $18.4M (-$24.1M)
67% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$5.02M |
| 2 |
DWM
Drive Wealth Management
Lehi,
Utah
|
+$2.44M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$2.44M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
+$1.42M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$872K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$7.03M |
| 2 |
Squarepoint
New York
|
-$4.54M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.39M |
| 4 |
Jane Street
New York
|
-$1.42M |
| 5 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$1.34M |
NUGT Hedge Fund Activity: Q2 2022 in Review
45 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q2 2022, worth a combined $18.4M — down 57% from $42.5M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of NUGT and 6 opened new positions — a net loss of 12 holders — while 8 trimmed existing stakes and 13 added.
The largest buyer was HRT Financial, opening a new position worth an estimated $5.02M. The largest seller was Susquehanna International Group, cutting an estimated $7.03M.
- 45 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q2 2022, down from 58 in Q1 2022.
- Funds reported $18.4M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q2 2022, down 57% quarter-over-quarter.
- 6 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q2 2022 and 18 closed out, a net change of -12 holders.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q2 2022 was HRT Financial, an estimated $5.02M added.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q2 2022 was Susquehanna International Group, an estimated $7.03M sold.
Based on aggregated 13F filings for Q2 2022.