Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
62 hedge funds and large institutions have $69.9M invested in Direxion NASDAQ-100 Equal Weighted Index ETF in 2020 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 21 increasing their positions, 17 reducing their positions, and 10 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
24% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 17
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
18% more capital invested
Capital invested by funds: $59M → $69.9M (+$10.9M)
9.85% more ownership
Funds ownership: 24.7% → 34.55% (+9.8%)
2% less funds holding
Funds holding: 63 → 62 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $288K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$8.34M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$5.77M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.3M |
| 4 |
SAM
Stringer Asset Management
Memphis,
Tennessee
|
+$2.59M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.19M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.08M |
| 3 |
PRS
Pinkerton Retirement Specialists
Coeur D Alene,
Idaho
|
-$915K |
| 4 |
LWAC
Laurel Wealth Advisors (California)
Solana Beach,
California
|
-$542K |
| 5 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
-$370K |
QQQE Hedge Fund Activity: Q1 2020 in Review
62 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) for Q1 2020, worth a combined $69.9M — up 18% from $59M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new QQQE positions and 10 closed out — a net gain of 2 holders — while 21 added to existing stakes and 17 trimmed.
The largest buyer was Raymond James & Associates, opening a new position worth an estimated $8.34M. The largest seller was Jane Street, exiting entirely with an estimated $1.19M sold.
- 62 institutional investors held Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) as of Q1 2020, down from 63 in Q4 2019.
- Funds reported $69.9M of Direxion NASDAQ-100 Equal Weighted Index ETF stock for Q1 2020, up 18% quarter-over-quarter.
- 12 funds opened new Direxion NASDAQ-100 Equal Weighted Index ETF positions in Q1 2020 and 10 closed out, a net change of +2 holders.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF buyer in Q1 2020 was Raymond James & Associates, an estimated $8.34M added.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF seller in Q1 2020 was Jane Street, an estimated $1.19M sold.
Based on aggregated 13F filings for Q1 2020.