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Direxion Daily Magnificent 7 Bear 1X ETF

2 hedge funds and large institutions have $1.22M invested in Direxion Daily Magnificent 7 Bear 1X ETF in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, increasing their positions, reducing their positions, and closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more ownership

Funds ownership: 0%50% (+50%)

Holders
2
Holders Change
+2
Holders Change %
% of All Funds
0.03%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
Reduced
Closed
Calls
Puts
Net Calls
Net Calls Change

Top Buyers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
+$610K
2
Citigroup
Citigroup
New York
+$610K

Top Sellers

No sellers this quarter

QQQD Hedge Fund Activity: Q1 2024 in Review

2 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Magnificent 7 Bear 1X ETF (QQQD) for Q1 2024, worth a combined $1.22M.

Buyers outnumbered sellers: 2 funds opened new QQQD positions and 0 closed out — a net gain of 2 holders — while 0 added to existing stakes and 0 trimmed.

The largest buyer was Bank of America, opening a new position worth an estimated $610K.

  • 2 institutional investors held Direxion Daily Magnificent 7 Bear 1X ETF (QQQD) as of Q1 2024, up from 0 in Q4 2023.
  • Funds reported $1.22M of Direxion Daily Magnificent 7 Bear 1X ETF stock for Q1 2024.
  • 2 funds opened new Direxion Daily Magnificent 7 Bear 1X ETF positions in Q1 2024 and 0 closed out, a net change of +2 holders.
  • The largest Direxion Daily Magnificent 7 Bear 1X ETF buyer in Q1 2024 was Bank of America, an estimated $610K added.

Based on aggregated 13F filings for Q1 2024.