Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
26 hedge funds and large institutions have $19M invested in Direxion NASDAQ-100 Equal Weighted Index ETF in 2016 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
77% more capital invested
Capital invested by funds: $10.7M → $19M (+$8.28M)
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
24% more funds holding
Funds holding: 21 → 26 (+5)
9.48% more ownership
Funds ownership: 28.65% → 38.13% (+9.5%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $213K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.23M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.11M |
| 3 |
Morgan Stanley
New York
|
+$424K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$206K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$160K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.04M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$918K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$725K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$467K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$90.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Jane Street
New York
| – | -$2.04M | -59,810 | Closed |
|
|
VKH
27
Virtu KCG Holdings
New York
| – | -$918K | -26,970 | Closed |
|
28
BlackRock
New York
| – | -$2K | -56 | Closed |
|
QQQE Hedge Fund Activity: Q4 2016 in Review
26 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) for Q4 2016, worth a combined $19M — up 77% from $10.7M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new QQQE positions and 3 closed out — a net gain of 6 holders — while 7 added to existing stakes and 5 trimmed.
The largest buyer was Bank of America, adding an estimated $2.23M. The largest seller was Jane Street, exiting entirely with an estimated $2.04M sold.
- 26 institutional investors held Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) as of Q4 2016, up from 21 in Q3 2016.
- Funds reported $19M of Direxion NASDAQ-100 Equal Weighted Index ETF stock for Q4 2016, up 77% quarter-over-quarter.
- 9 funds opened new Direxion NASDAQ-100 Equal Weighted Index ETF positions in Q4 2016 and 3 closed out, a net change of +6 holders.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF buyer in Q4 2016 was Bank of America, an estimated $2.23M added.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF seller in Q4 2016 was Jane Street, an estimated $2.04M sold.
Based on aggregated 13F filings for Q4 2016.