Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
63 hedge funds and large institutions have $59M invested in Direxion NASDAQ-100 Equal Weighted Index ETF in 2019 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 13 increasing their positions, 17 reducing their positions, and 6 closing their positions.
233% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 6
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
26% more funds holding
Funds holding: 50 → 63 (+13)
6% more capital invested
Capital invested by funds: $55.6M → $59M (+$3.42M)
1.54% less ownership
Funds ownership: 26.24% → 24.7% (-1.5%)
24% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 17
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $604K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$1.27M |
| 2 |
Jane Street
New York
|
+$544K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$391K |
| 4 |
LPL Financial
San Diego,
California
|
+$310K |
| 5 |
SWM
SeaCrest Wealth Management
Purchase,
New York
|
+$264K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$9.83M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.13M |
| 3 |
WC
Westwind Capital
Las Cruces,
New Mexico
|
-$2.07M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.92M |
| 5 |
PRS
Pinkerton Retirement Specialists
Coeur D Alene,
Idaho
|
-$743K |
QQQE Hedge Fund Activity: Q4 2019 in Review
63 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) for Q4 2019, worth a combined $59M — up 6.1% from $55.6M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new QQQE positions and 6 closed out — a net gain of 14 holders — while 13 added to existing stakes and 17 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $1.27M. The largest seller was Private Advisor Group, exiting entirely with an estimated $9.83M sold.
- 63 institutional investors held Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) as of Q4 2019, up from 50 in Q3 2019.
- Funds reported $59M of Direxion NASDAQ-100 Equal Weighted Index ETF stock for Q4 2019, up 6.1% quarter-over-quarter.
- 20 funds opened new Direxion NASDAQ-100 Equal Weighted Index ETF positions in Q4 2019 and 6 closed out, a net change of +14 holders.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF buyer in Q4 2019 was Virtu Financial, an estimated $1.27M added.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF seller in Q4 2019 was Private Advisor Group, an estimated $9.83M sold.
Based on aggregated 13F filings for Q4 2019.