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Direxion NASDAQ-100 Equal Weighted Index ETF

136 hedge funds and large institutions have $293M invested in Direxion NASDAQ-100 Equal Weighted Index ETF in 2023 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 47 increasing their positions, 28 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

146% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 13

68% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 28

54% more capital invested

Capital invested by funds: $191M → $293M (+$102M)

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

14% more funds holding

Funds holding: 119136 (+17)

9.97% more ownership

Funds ownership: 43.7%53.67% (+10%)

78% less call options, than puts

Call options by funds: $1.04M | Put options by funds: $4.82M

Holders
136
Holders Change
+17
Holders Change %
+14.29%
% of All Funds
2.17%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.05%
New
32
Increased
47
Reduced
28
Closed
13
Calls
$1.04M
Puts
$4.82M
Net Calls
-$3.78M
Net Calls Change
-$3.69M
Name Holding Trade Value Shares
Change
Change in
Stake
HWM
26
HB Wealth Management
Georgia
$1.78M -$29.9K -433 -2%
Ameriprise
27
Ameriprise
Minnesota
$1.55M -$1.02M -14,732 -41%
WA
28
Waddell & Associates
Tennessee
$1.46M
JWM
29
Jackson Wealth Management
Florida
$1.41M +$1.34M +19,469 New
AAS
30
Ameritas Advisory Services
Nebraska
$1.29M +$735K +10,648 +143%
FSA
31
Financial Services Advisory
Maryland
$1.28M +$1.21M +17,598 New
RIA
32
Regal Investment Advisors
Michigan
$1.25M +$34.5K +500 +3%
Jane Street
33
Jane Street
New York
$1.2M +$1.14M +16,527 New
JMPWA
34
JP Morgan Private Wealth Advisors
California
$1.19M -$26.2K -380 -2%
BPA
35
Beacon Pointe Advisors
California
$1.15M +$25.9K +375 +2%
RA
36
RFG Advisory
Alabama
$1.14M +$118K +1,713 +12%
CW
37
CreativeOne Wealth
Kansas
$1.11M +$709K +10,270 +206%
WPIC
38
White Pine Investment Company
Michigan
$1.09M +$97.4K +1,411 +10%
IWC
39
Integrated Wealth Concepts
Massachusetts
$1.07M +$1.02M +14,757 New
RJFSA
40
Raymond James Financial Services Advisors
Florida
$1.04M +$352K +5,095 +55%
AWS
41
Atria Wealth Solutions
New York
$1.03M +$746K +10,799 +312%
MCWS
42
McKinley Carter Wealth Services
West Virginia
$1.02M -$69.7K -1,009 -7%
Susquehanna International Group
43
Susquehanna International Group
Pennsylvania
$884K -$1.88M -27,224 -69%
ACS
44
Archford Capital Strategies
Illinois
$848K +$2.35K +34 +0.3%
RFG
45
RFP Financial Group
Georgia
$829K +$425K +6,162 New
BCI
46
Brinker Capital Investments
Pennsylvania
$819K +$779K +11,289 New
OPS
47
Orion Portfolio Solutions
Nebraska
$819K +$779K +11,289 New
CMS
48
Capital Market Strategies
Florida
$811K -$119K -1,725 -13%
AAS
49
Avantax Advisory Services
Texas
$775K +$36.6K +530 +5%
CAN
50
Cetera Advisor Networks
California
$761K +$724K +10,486 New

QQQE Hedge Fund Activity: Q1 2023 in Review

136 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) for Q1 2023, worth a combined $293M — up 54% from $191M a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new QQQE positions and 13 closed out — a net gain of 19 holders — while 47 added to existing stakes and 28 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $33.2M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $9.57M sold.

  • 136 institutional investors held Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) as of Q1 2023, up from 119 in Q4 2022.
  • Funds reported $293M of Direxion NASDAQ-100 Equal Weighted Index ETF stock for Q1 2023, up 54% quarter-over-quarter.
  • 32 funds opened new Direxion NASDAQ-100 Equal Weighted Index ETF positions in Q1 2023 and 13 closed out, a net change of +19 holders.
  • The largest Direxion NASDAQ-100 Equal Weighted Index ETF buyer in Q1 2023 was Goldman Sachs, an estimated $33.2M added.
  • The largest Direxion NASDAQ-100 Equal Weighted Index ETF seller in Q1 2023 was JP Morgan Chase, an estimated $9.57M sold.

Based on aggregated 13F filings for Q1 2023.