Direxion Daily NVDA Bull 2X ETF
NVDU
18 hedge funds and large institutions have $20M invested in Direxion Daily NVDA Bull 2X ETF in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 0 closing their positions.
345% more capital invested
Capital invested by funds: $4.5M → $20M (+$15.5M)
125% more funds holding
Funds holding: 8 → 18 (+10)
117% more call options, than puts
Call options by funds: $5.71M | Put options by funds: $2.63M
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
2.26% more ownership
Funds ownership: 2.56% → 4.82% (+2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$1.87M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.22M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$867K |
| 4 |
IMC Chicago
Chicago,
Illinois
|
+$771K |
| 5 |
NP
NorthRock Partners
Minneapolis,
Minnesota
|
+$727K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$347K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$6.56K |
| 3 |
GRP
Global Retirement Partners
San Rafael,
California
|
-$3.18K |
NVDU Hedge Fund Activity: Q1 2024 in Review
18 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily NVDA Bull 2X ETF (NVDU) for Q1 2024, worth a combined $20M — up 345% from $4.5M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new NVDU positions and 0 closed out — a net gain of 10 holders — while 4 added to existing stakes and 3 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $1.87M. The largest seller was Susquehanna International Group, cutting an estimated $347K.
- 18 institutional investors held Direxion Daily NVDA Bull 2X ETF (NVDU) as of Q1 2024, up from 8 in Q4 2023.
- Funds reported $20M of Direxion Daily NVDA Bull 2X ETF stock for Q1 2024, up 345% quarter-over-quarter.
- 10 funds opened new Direxion Daily NVDA Bull 2X ETF positions in Q1 2024 and 0 closed out, a net change of +10 holders.
- The largest Direxion Daily NVDA Bull 2X ETF buyer in Q1 2024 was Virtu Financial, an estimated $1.87M added.
- The largest Direxion Daily NVDA Bull 2X ETF seller in Q1 2024 was Susquehanna International Group, an estimated $347K sold.
Based on aggregated 13F filings for Q1 2024.