Direxion Daily NVDA Bear 1X ETF
NVDD
7 hedge funds and large institutions have $8.75M invested in Direxion Daily NVDA Bear 1X ETF in 2023 Q4 according to their latest regulatory filings, with 4 funds opening new positions, increasing their positions, 2 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
75% more funds holding
Funds holding: 4 → 7 (+3)
0.37% less ownership
Funds ownership: 9.13% → 8.75% (-0.37%)
14% less capital invested
Capital invested by funds: $10.1M → $8.75M (-$1.37M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$1.8M |
| 2 |
WAM
Wakefield Asset Management
Englewood,
Colorado
|
+$745K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$500K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$9.87K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$2.58M |
| 2 |
Goldman Sachs
New York
|
-$614K |
| 3 |
JP Morgan Chase
New York
|
-$2.41K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Bank of America
Charlotte,
North Carolina
| $2.22M | – | – | – |
|
|
2
JP Morgan Chase
New York
| $2.22M | -$2.41K | -10 | -0.1% |
|
|
3
IMC Chicago
Chicago,
Illinois
| $1.66M | +$1.8M | +7,494 | New |
|
|
4
Goldman Sachs
New York
| $1.49M | -$614K | -2,550 | -28% |
|
|
WAM
5
Wakefield Asset Management
Englewood,
Colorado
| $687K | +$745K | +3,096 | New |
|
|
6
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $461K | +$500K | +2,076 | New |
|
|
7
UBS Group
Zurich,
Switzerland
| $9.04K | +$9.87K | +41 | New |
|
|
8
Citigroup
New York
| – | -$2.58M | -10,000 | Closed |
|
NVDD Hedge Fund Activity: Q4 2023 in Review
7 of the 6,862 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily NVDA Bear 1X ETF (NVDD) for Q4 2023, worth a combined $8.75M — down 14% from $10.1M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NVDD positions and 1 closed out — a net gain of 3 holders — while 0 added to existing stakes and 2 trimmed.
The largest buyer was IMC Chicago, opening a new position worth an estimated $1.8M. The largest seller was Citigroup, exiting entirely with an estimated $2.58M sold.
- 7 institutional investors held Direxion Daily NVDA Bear 1X ETF (NVDD) as of Q4 2023, up from 4 in Q3 2023.
- Funds reported $8.75M of Direxion Daily NVDA Bear 1X ETF stock for Q4 2023, down 14% quarter-over-quarter.
- 4 funds opened new Direxion Daily NVDA Bear 1X ETF positions in Q4 2023 and 1 closed out, a net change of +3 holders.
- The largest Direxion Daily NVDA Bear 1X ETF buyer in Q4 2023 was IMC Chicago, an estimated $1.8M added.
- The largest Direxion Daily NVDA Bear 1X ETF seller in Q4 2023 was Citigroup, an estimated $2.58M sold.
Based on aggregated 13F filings for Q4 2023.