Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
42 hedge funds and large institutions have $82.5M invested in Direxion Daily Gold Miners Index Bull 2X ETF in 2026 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 15 reducing their positions, and 20 closing their positions.
2.6% more ownership
Funds ownership: 7.28% → 9.88% (+2.6%)
1% less capital invested
Capital invested by funds: $83.3M → $82.5M (-$863K)
3% less call options, than puts
Call options by funds: $85.5M | Put options by funds: $88.1M
19% less funds holding
Funds holding: 52 → 42 (-10)
33% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 15
50% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QC
Quadrature Capital
London,
United Kingdom
|
+$22.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$21.4M |
| 3 |
Renaissance Technologies
New York
|
+$7.21M |
| 4 |
CCM
Capstone Capital Management
Hong Kong,
|
+$3.5M |
| 5 |
Jane Street
New York
|
+$2.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JF
Jump Financial
Chicago,
Illinois
|
-$2.88M |
| 2 |
GS
GTS Securities
Miami,
Florida
|
-$2.08M |
| 3 |
Belvedere Trading
Chicago,
Illinois
|
-$1.91M |
| 4 |
TSS
Two Sigma Securities
New York
|
-$1.8M |
| 5 |
HF
HRT Financial
New York
|
-$1.59M |
NUGT Hedge Fund Activity: Q2 2026 in Review
42 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) for Q2 2026, worth a combined $82.5M — down 1% from $83.3M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of NUGT and 10 opened new positions — a net loss of 10 holders — while 15 trimmed existing stakes and 10 added.
The largest buyer was Quadrature Capital, opening a new position worth an estimated $22.4M. The largest seller was Jump Financial, exiting entirely with an estimated $2.88M sold.
- 42 institutional investors held Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) as of Q2 2026, down from 52 in Q1 2026.
- Funds reported $82.5M of Direxion Daily Gold Miners Index Bull 2X ETF stock for Q2 2026, down 1% quarter-over-quarter.
- 10 funds opened new Direxion Daily Gold Miners Index Bull 2X ETF positions in Q2 2026 and 20 closed out, a net change of -10 holders.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF buyer in Q2 2026 was Quadrature Capital, an estimated $22.4M added.
- The largest Direxion Daily Gold Miners Index Bull 2X ETF seller in Q2 2026 was Jump Financial, an estimated $2.88M sold.
Based on aggregated 13F filings for Q2 2026.