Direxion S&P 500 High minus Low Quality ETF
QMJ was delisted on the 17th of September, 2021.
5 hedge funds and large institutions have $4.05M invested in Direxion S&P 500 High minus Low Quality ETF in 2021 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 2 closing their positions.
17% less funds holding
Funds holding: 6 → 5 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
56% less capital invested
Capital invested by funds: $9.14M → $4.05M (-$5.09M)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$329K |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$59 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.89M |
| 2 |
Citigroup
New York
|
-$1.48M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$897K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$219K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$38.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
1
Credit Suisse
Zurich,
Switzerland
| $1.93M | -$897K | -15,119 | -32% |
|
|
2
Citigroup
New York
| $1.47M | -$1.48M | -25,000 | -50% |
|
|
3
Citadel Advisors
Miami,
Florida
| $580K | +$329K | +5,548 | +129% |
|
|
4
UBS Group
Zurich,
Switzerland
| $71K | -$38.4K | -647 | -35% |
|
|
5
Bank of America
Charlotte,
North Carolina
| – | -$2.89M | -50,000 | Closed |
|
|
6
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$219K | -3,783 | Closed |
|
|
7
Fidelity Investments
Boston,
Massachusetts
| – | +$59 | +1 | New |
|
QMJ Hedge Fund Activity: Q1 2021 in Review
5 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Direxion S&P 500 High minus Low Quality ETF (QMJ) for Q1 2021, worth a combined $4.05M — down 56% from $9.14M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of QMJ and 1 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 1 added.
The largest buyer was Citadel Advisors, adding an estimated $329K. The largest seller was Bank of America, exiting entirely with an estimated $2.89M sold.
- 5 institutional investors held Direxion S&P 500 High minus Low Quality ETF (QMJ) as of Q1 2021, down from 6 in Q4 2020.
- Funds reported $4.05M of Direxion S&P 500 High minus Low Quality ETF stock for Q1 2021, down 56% quarter-over-quarter.
- 1 fund opened new Direxion S&P 500 High minus Low Quality ETF positions in Q1 2021 and 2 closed out, a net change of -1 holder.
- The largest Direxion S&P 500 High minus Low Quality ETF buyer in Q1 2021 was Citadel Advisors, an estimated $329K added.
- The largest Direxion S&P 500 High minus Low Quality ETF seller in Q1 2021 was Bank of America, an estimated $2.89M sold.
Based on aggregated 13F filings for Q1 2021.