Direxion Daily NVDA Bull 2X ETF
NVDU
23 hedge funds and large institutions have $22M invested in Direxion Daily NVDA Bull 2X ETF in 2024 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
42% more call options, than puts
Call options by funds: $16.7M | Put options by funds: $11.8M
28% more funds holding
Funds holding: 18 → 23 (+5)
10% more capital invested
Capital invested by funds: $20M → $22M (+$1.96M)
8.14% less ownership
Funds ownership: 13.5% → 5.37% (-8.1%)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NYLIM
New York Life Investment Management
New York
|
+$1.63M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$807K |
| 3 |
SCA
Snowden Capital Advisors
New York
|
+$519K |
| 4 |
MWM
Modera Wealth Management
Westwood,
New Jersey
|
+$400K |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$384K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
-$2.93M |
| 2 |
VF
Virtu Financial
New York
|
-$2.52M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$2M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$1.39M |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$1.14M |
NVDU Hedge Fund Activity: Q2 2024 in Review
23 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily NVDA Bull 2X ETF (NVDU) for Q2 2024, worth a combined $22M — up 9.8% from $20M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NVDU positions and 4 closed out — a net gain of 6 holders — while 5 added to existing stakes and 7 trimmed.
The largest buyer was New York Life Investment Management, opening a new position worth an estimated $1.63M. The largest seller was IMC Chicago, exiting entirely with an estimated $2.93M sold.
- 23 institutional investors held Direxion Daily NVDA Bull 2X ETF (NVDU) as of Q2 2024, up from 18 in Q1 2024.
- Funds reported $22M of Direxion Daily NVDA Bull 2X ETF stock for Q2 2024, up 9.8% quarter-over-quarter.
- 10 funds opened new Direxion Daily NVDA Bull 2X ETF positions in Q2 2024 and 4 closed out, a net change of +6 holders.
- The largest Direxion Daily NVDA Bull 2X ETF buyer in Q2 2024 was New York Life Investment Management, an estimated $1.63M added.
- The largest Direxion Daily NVDA Bull 2X ETF seller in Q2 2024 was IMC Chicago, an estimated $2.93M sold.
Based on aggregated 13F filings for Q2 2024.