Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
34 hedge funds and large institutions have $33.5M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2024 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 7 increasing their positions, 11 reducing their positions, and 14 closing their positions.
1% more call options, than puts
Call options by funds: $40.9M | Put options by funds: $40.5M
2.31% less ownership
Funds ownership: 8.57% → 6.26% (-2.3%)
15% less funds holding
Funds holding: 40 → 34 (-6)
36% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 14
36% less capital invested
Capital invested by funds: $52.2M → $33.5M (-$18.7M)
36% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$9.22M |
| 2 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
+$3.75M |
| 3 |
FC
Fore Capital
New York
|
+$1.78M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
+$916K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$880K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$12.9M |
| 2 |
PA
Pineridge Advisors
St. Charles,
Missouri
|
-$5.41M |
| 3 |
GS
GTS Securities
Miami,
Florida
|
-$4.37M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$3.41M |
| 5 |
RAM
Revere Asset Management
Dallas,
Texas
|
-$2.47M |
NUGT Hedge Fund Activity: Q2 2024 in Review
34 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q2 2024, worth a combined $33.5M — down 36% from $52.2M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of NUGT and 9 opened new positions — a net loss of 5 holders — while 11 trimmed existing stakes and 7 added.
The largest buyer was HRT Financial, adding an estimated $9.22M. The largest seller was Citadel Advisors, exiting entirely with an estimated $12.9M sold.
- 34 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q2 2024, down from 40 in Q1 2024.
- Funds reported $33.5M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q2 2024, down 36% quarter-over-quarter.
- 9 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q2 2024 and 14 closed out, a net change of -5 holders.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q2 2024 was HRT Financial, an estimated $9.22M added.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q2 2024 was Citadel Advisors, an estimated $12.9M sold.
Based on aggregated 13F filings for Q2 2024.