Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
54 hedge funds and large institutions have $84.3M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2025 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 16 increasing their positions, 9 reducing their positions, and 12 closing their positions.
78% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 9
33% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 12
28% more capital invested
Capital invested by funds: $65.7M → $84.3M (+$18.6M)
8% more funds holding
Funds holding: 50 → 54 (+4)
1.5% more ownership
Funds ownership: 6.35% → 7.85% (+1.5%)
2% less call options, than puts
Call options by funds: $187M | Put options by funds: $191M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$4.81M |
| 2 |
HF
HRT Financial
New York
|
+$4.38M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.86M |
| 4 |
Jane Street
New York
|
+$3.69M |
| 5 |
JF
Jump Financial
Chicago,
Illinois
|
+$2.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFIM
Client First Investment Management
West Bend,
Wisconsin
|
-$7.18M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$2.33M |
| 3 |
Squarepoint
New York
|
-$2.31M |
| 4 |
FIA
FNY Investment Advisers
New York
|
-$1.85M |
| 5 |
IMC Chicago
Chicago,
Illinois
|
-$1.13M |
NUGT Hedge Fund Activity: Q4 2025 in Review
54 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q4 2025, worth a combined $84.3M — up 28% from $65.7M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new NUGT positions and 12 closed out — a net gain of 4 holders — while 16 added to existing stakes and 9 trimmed.
The largest buyer was Virtu Financial, adding an estimated $4.81M. The largest seller was Client First Investment Management, cutting an estimated $7.18M.
- 54 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q4 2025, up from 50 in Q3 2025.
- Funds reported $84.3M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q4 2025, up 28% quarter-over-quarter.
- 16 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q4 2025 and 12 closed out, a net change of +4 holders.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q4 2025 was Virtu Financial, an estimated $4.81M added.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q4 2025 was Client First Investment Management, an estimated $7.18M sold.
Based on aggregated 13F filings for Q4 2025.