Direxion Daily Magnificent 7 Bear 1X ETF
QQQD
4 hedge funds and large institutions have $1.37M invested in Direxion Daily Magnificent 7 Bear 1X ETF in 2024 Q3 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, 1 reducing their positions, and 2 closing their positions.
20% less funds holding
Funds holding: 5 → 4 (-1)
25.65% less ownership
Funds ownership: 79.53% → 53.89% (-26%)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
59% less capital invested
Capital invested by funds: $3.34M → $1.37M (-$1.97M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.11K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wakefield Asset Management
Englewood,
Colorado
|
-$1.44M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$324K |
| 3 |
Goldman Sachs
New York
|
-$105K |
QQQD Hedge Fund Activity: Q3 2024 in Review
4 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Magnificent 7 Bear 1X ETF (QQQD) for Q3 2024, worth a combined $1.37M — down 59% from $3.34M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of QQQD and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 0 added.
The largest buyer was UBS Group, opening a new position worth an estimated $1.11K. The largest seller was Wakefield Asset Management, exiting entirely with an estimated $1.44M sold.
- 4 institutional investors held Direxion Daily Magnificent 7 Bear 1X ETF (QQQD) as of Q3 2024, down from 5 in Q2 2024.
- Funds reported $1.37M of Direxion Daily Magnificent 7 Bear 1X ETF stock for Q3 2024, down 59% quarter-over-quarter.
- 1 fund opened new Direxion Daily Magnificent 7 Bear 1X ETF positions in Q3 2024 and 2 closed out, a net change of -1 holder.
- The largest Direxion Daily Magnificent 7 Bear 1X ETF buyer in Q3 2024 was UBS Group, an estimated $1.11K added.
- The largest Direxion Daily Magnificent 7 Bear 1X ETF seller in Q3 2024 was Wakefield Asset Management, an estimated $1.44M sold.
Based on aggregated 13F filings for Q3 2024.