Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
42 hedge funds and large institutions have $48.7M invested in Direxion NASDAQ-100 Equal Weighted Index ETF in 2018 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 11 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 12
5.19% more ownership
Funds ownership: 25.62% → 30.81% (+5.2%)
4% less capital invested
Capital invested by funds: $50.9M → $48.7M (-$2.14M)
13% less funds holding
Funds holding: 48 → 42 (-6)
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$5.96M |
| 2 |
Jane Street
New York
|
+$1.67M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.08M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.06M |
| 5 |
LPL Financial
San Diego,
California
|
+$656K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIAS
Capital Investment Advisory Services
Raleigh,
North Carolina
|
-$3.35M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$840K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$801K |
| 4 |
GA
Gateway Advisory
Westfield,
New Jersey
|
-$617K |
| 5 |
UWM
USAdvisors Wealth Management
Eden Prairie,
Minnesota
|
-$558K |
QQQE Hedge Fund Activity: Q4 2018 in Review
42 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) for Q4 2018, worth a combined $48.7M — down 4.2% from $50.9M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of QQQE and 6 opened new positions — a net loss of 5 holders — while 12 trimmed existing stakes and 15 added.
The largest buyer was Bank of America, adding an estimated $5.96M. The largest seller was Capital Investment Advisory Services, cutting an estimated $3.35M.
- 42 institutional investors held Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) as of Q4 2018, down from 48 in Q3 2018.
- Funds reported $48.7M of Direxion NASDAQ-100 Equal Weighted Index ETF stock for Q4 2018, down 4.2% quarter-over-quarter.
- 6 funds opened new Direxion NASDAQ-100 Equal Weighted Index ETF positions in Q4 2018 and 11 closed out, a net change of -5 holders.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF buyer in Q4 2018 was Bank of America, an estimated $5.96M added.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF seller in Q4 2018 was Capital Investment Advisory Services, an estimated $3.35M sold.
Based on aggregated 13F filings for Q4 2018.