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Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE

180 hedge funds and large institutions have $612M invested in Direxion NASDAQ-100 Equal Weighted Index ETF in 2023 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 52 increasing their positions, 49 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 15

113% more call options, than puts

Call options by funds: $20.9M | Put options by funds: $9.8M

26% more capital invested

Capital invested by funds: $486M → $612M (+$126M)

18% more funds holding

Funds holding: 152 → 180 (+28)

6% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 49

0% more funds holding in top 10

Funds holding in top 10: 6 → 6 (0)

3.45% less ownership

Funds ownership: 59.11% → 55.66% (-3.5%)

Holders
180
Holders Change
+28
Holders Change %
+18.42%
% of All Funds
2.62%
Holding in Top 10
6
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.09%
New
45
Increased
52
Reduced
49
Closed
15
Calls
$20.9M
Puts
$9.8M
Net Calls
+$11.1M
Net Calls Change
+$28.6M

Top Buyers

Rank Fund Capital Flow
1
WA
Waddell & Associates
Tennessee
+$26M
2
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$13M
3
CFG
Carr Financial Group
Massachusetts
+$11M
4
SW
SteelPeak Wealth
California
+$10.5M
5
Bank of America
Bank of America
North Carolina
+$8.85M

Top Sellers

Rank Fund Capital Flow
1
Goldman Sachs
Goldman Sachs
New York
-$52.2M
2
RFG
RFP Financial Group
Georgia
-$28.8M
3
HF
HRT Financial
New York
-$6.52M
4
RJT
Raymond James Trust
Florida
-$5.24M
5
Osaic Holdings
Osaic Holdings
Arizona
-$2.88M
Name Holding Trade Value Shares
Change 		Change in
Stake
AC
26
Avestar Capital
New York
$4.68M +$4.28M +55,348 New
Bank of Montreal
27
Bank of Montreal
Ontario, Canada
$4.49M +$4.04M +52,236 +10,406%
CPL
28
CAP Partners LLC
Tennessee
$4.49M +$4.1M +53,009 New
BRWA
29
B. Riley Wealth Advisors
Florida
$4.22M +$3.38M +43,662 +700%
Creative Planning
30
Creative Planning
Kansas
$4.18M +$1.46M +18,826 +62%
FFG
31
Frisch Financial Group
New York
$3.94M -$12.7K -164 -0.4%
Osaic Holdings
32
Osaic Holdings
Arizona
$3.75M -$2.88M -37,235 -46%
EH
33
Equitable Holdings
New York
$3.51M +$3.21M +41,435 New
Susquehanna International Group
34
Susquehanna International Group
Pennsylvania
$3.21M +$1.94M +25,126 +196%
RJFSA
35
Raymond James Financial Services Advisors
Florida
$2.7M +$488K +6,299 +25%
WA
36
Wambolt & Associates
Colorado
$2.7M -$233K -3,005 -9%
AWM
37
AE Wealth Management
Kansas
$2.69M +$910K +11,757 +60%
Northwestern Mutual Wealth Management
38
Northwestern Mutual Wealth Management
Wisconsin
$2.4M +$79.8K +1,031 +4%
MCWS
39
McKinley Carter Wealth Services
West Virginia
$2.01M -$225K -2,910 -11%
Citadel Advisors
40
Citadel Advisors
Florida
$1.99M -$479K -6,186 -21%
CA
41
Cetera Advisors
Colorado
$1.99M +$4.1K +53 +0.2%
BW
42
Bison Wealth
Georgia
$1.82M +$137K +1,765 +9%
HWM
43
HB Wealth Management
Georgia
$1.8M -$78.2K -1,010 -5%
AWA
44
Arete Wealth Advisors
Illinois
$1.64M +$1.5M +19,381 New
Ameriprise
45
Ameriprise
Minnesota
$1.62M -$1.45M -18,757 -50%
BCM
46
Beck Capital Management
Texas
$1.61M +$1.47M +19,006 New
Janney Montgomery Scott
47
Janney Montgomery Scott
Pennsylvania
$1.6M -$17.2K -222 -1%
Truist Financial
48
Truist Financial
North Carolina
$1.58M +$506K +6,533 +54%
Renaissance Technologies
49
Renaissance Technologies
New York
$1.53M +$1.4M +18,100 New
MA
50
Mutual Advisors
Nebraska
$1.46M -$880K -11,371 -40%
1
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QQQE Hedge Fund Activity: Q4 2023 in Review

180 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) for Q4 2023, worth a combined $612M — up 26% from $486M a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new QQQE positions and 15 closed out — a net gain of 30 holders — while 52 added to existing stakes and 49 trimmed.

The largest buyer was Waddell & Associates, adding an estimated $26M. The largest seller was Goldman Sachs, cutting an estimated $52.2M.

  • 180 institutional investors held Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) as of Q4 2023, up from 152 in Q3 2023.
  • Funds reported $612M of Direxion NASDAQ-100 Equal Weighted Index ETF stock for Q4 2023, up 26% quarter-over-quarter.
  • 45 funds opened new Direxion NASDAQ-100 Equal Weighted Index ETF positions in Q4 2023 and 15 closed out, a net change of +30 holders.
  • The largest Direxion NASDAQ-100 Equal Weighted Index ETF buyer in Q4 2023 was Waddell & Associates, an estimated $26M added.
  • The largest Direxion NASDAQ-100 Equal Weighted Index ETF seller in Q4 2023 was Goldman Sachs, an estimated $52.2M sold.

Based on aggregated 13F filings for Q4 2023.