Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
30 hedge funds and large institutions have $25.7M invested in Direxion NASDAQ-100 Equal Weighted Index ETF in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 7 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
8% more capital invested
Capital invested by funds: $23.7M → $25.7M (+$2M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less funds holding
Funds holding: 33 → 30 (-3)
24.7% less ownership
Funds ownership: 41.05% → 16.35% (-25%)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NPC
National Planning Corporation
El Segundo,
California
|
+$2.38M |
| 2 |
Morgan Stanley
New York
|
+$1.66M |
| 3 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
+$1.2M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$761K |
| 5 |
CWP
Capital Wealth Planning
Naples,
Florida
|
+$516K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.67M |
| 2 |
Jane Street
New York
|
-$1.36M |
| 3 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
-$568K |
| 4 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
-$340K |
| 5 |
CIAS
Capital Investment Advisory Services
Raleigh,
North Carolina
|
-$318K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BBPWM
26
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $14K | – | – | – |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $12K | -$84.9K | -2,150 | -88% |
|
|
DADC
28
D.A. Davidson & Co
Great Falls,
Montana
| $5K | – | – | – |
|
|
PFBT
29
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| $2K | – | – | – |
|
|
30
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$2.67M | -67,646 | Closed |
|
|
SAM
31
Shamrock Asset Management
Dallas,
Texas
| – | -$568K | -14,758 | Closed |
|
|
KWM
32
Kingsview Wealth Management
Grants Pass,
Oregon
| – | -$340K | -8,838 | Closed |
|
|
VKH
33
Virtu KCG Holdings
New York
| – | -$286K | -7,428 | Closed |
|
|
ALIONA
34
Allianz Life Insurance of North America
Minneapolis,
Minnesota
| – | -$258K | -6,700 | Closed |
|
|
FA
35
FDx Advisors
Chicago,
Illinois
| – | -$253K | -6,562 | Closed |
|
QQQE Hedge Fund Activity: Q2 2017 in Review
30 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) for Q2 2017, worth a combined $25.7M — up 8.5% from $23.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of QQQE and 4 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 11 added.
The largest buyer was National Planning Corporation, opening a new position worth an estimated $2.38M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $2.67M sold.
- 30 institutional investors held Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) as of Q2 2017, down from 33 in Q1 2017.
- Funds reported $25.7M of Direxion NASDAQ-100 Equal Weighted Index ETF stock for Q2 2017, up 8.5% quarter-over-quarter.
- 4 funds opened new Direxion NASDAQ-100 Equal Weighted Index ETF positions in Q2 2017 and 7 closed out, a net change of -3 holders.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF buyer in Q2 2017 was National Planning Corporation, an estimated $2.38M added.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF seller in Q2 2017 was Susquehanna International Group, an estimated $2.67M sold.
Based on aggregated 13F filings for Q2 2017.