Direxion Daily Magnificent 7 Bear 1X ETF
QQQD
5 hedge funds and large institutions have $3.34M invested in Direxion Daily Magnificent 7 Bear 1X ETF in 2024 Q2 according to their latest regulatory filings, with 3 funds opening new positions, increasing their positions, reducing their positions, and closing their positions.
175% more capital invested
Capital invested by funds: $1.22M → $3.34M (+$2.12M)
150% more funds holding
Funds holding: 2 → 5 (+3)
29.53% more ownership
Funds ownership: 50% → 79.53% (+30%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wakefield Asset Management
Englewood,
Colorado
|
+$1.61M |
| 2 |
Goldman Sachs
New York
|
+$586K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$362K |
Top Sellers
QQQD Hedge Fund Activity: Q2 2024 in Review
5 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Magnificent 7 Bear 1X ETF (QQQD) for Q2 2024, worth a combined $3.34M — up 175% from $1.22M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new QQQD positions and 0 closed out — a net gain of 3 holders — while 0 added to existing stakes and 0 trimmed.
The largest buyer was Wakefield Asset Management, opening a new position worth an estimated $1.61M.
- 5 institutional investors held Direxion Daily Magnificent 7 Bear 1X ETF (QQQD) as of Q2 2024, up from 2 in Q1 2024.
- Funds reported $3.34M of Direxion Daily Magnificent 7 Bear 1X ETF stock for Q2 2024, up 175% quarter-over-quarter.
- 3 funds opened new Direxion Daily Magnificent 7 Bear 1X ETF positions in Q2 2024 and 0 closed out, a net change of +3 holders.
- The largest Direxion Daily Magnificent 7 Bear 1X ETF buyer in Q2 2024 was Wakefield Asset Management, an estimated $1.61M added.
Based on aggregated 13F filings for Q2 2024.