Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
38 hedge funds and large institutions have $23.4M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2024 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 8 closing their positions.
52% more call options, than puts
Call options by funds: $57.9M | Put options by funds: $38.2M
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
3% more funds holding
Funds holding: 37 → 38 (+1)
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
2.53% less ownership
Funds ownership: 7.14% → 4.61% (-2.5%)
43% less capital invested
Capital invested by funds: $41.1M → $23.4M (-$17.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$3.56M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
+$2.85M |
| 3 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
+$2.48M |
| 4 |
GS
GTS Securities
Miami,
Florida
|
+$1.34M |
| 5 |
QC
Quadrature Capital
London,
United Kingdom
|
+$1.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$10.1M |
| 2 |
Squarepoint
New York
|
-$4.79M |
| 3 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
-$3.72M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.4M |
| 5 |
Renaissance Technologies
New York
|
-$1.36M |
NUGT Hedge Fund Activity: Q4 2024 in Review
38 of the 7,607 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q4 2024, worth a combined $23.4M — down 43% from $41.1M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new NUGT positions and 8 closed out — a net gain of 1 holder — while 12 added to existing stakes and 11 trimmed.
The largest buyer was IMC Chicago, adding an estimated $3.56M. The largest seller was HRT Financial, cutting an estimated $10.1M.
- 38 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q4 2024, up from 37 in Q3 2024.
- Funds reported $23.4M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q4 2024, down 43% quarter-over-quarter.
- 9 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q4 2024 and 8 closed out, a net change of +1 holder.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q4 2024 was IMC Chicago, an estimated $3.56M added.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q4 2024 was HRT Financial, an estimated $10.1M sold.
Based on aggregated 13F filings for Q4 2024.