Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
51 hedge funds and large institutions have $56.2M invested in Direxion NASDAQ-100 Equal Weighted Index ETF in 2019 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 13 increasing their positions, 16 reducing their positions, and 2 closing their positions.
500% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 2
21% more funds holding
Funds holding: 42 → 51 (+9)
15% more capital invested
Capital invested by funds: $48.7M → $56.2M (+$7.47M)
3.2% less ownership
Funds ownership: 30.81% → 27.61% (-3.2%)
19% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 16
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$7.24M |
| 2 |
WC
Westwind Capital
Las Cruces,
New Mexico
|
+$2.17M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.93M |
| 4 |
WA
WESPAC Advisors
Orinda,
California
|
+$1.66M |
| 5 |
SA
Strategic Advisors
New York
|
+$1.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$5.76M |
| 2 |
PRS
Pinkerton Retirement Specialists
Coeur D Alene,
Idaho
|
-$3.76M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.18M |
| 4 |
Jane Street
New York
|
-$1.98M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.96M |
QQQE Hedge Fund Activity: Q1 2019 in Review
51 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) for Q1 2019, worth a combined $56.2M — up 15% from $48.7M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new QQQE positions and 2 closed out — a net gain of 10 holders — while 13 added to existing stakes and 16 trimmed.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $7.24M. The largest seller was Private Advisor Group, cutting an estimated $5.76M.
- 51 institutional investors held Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) as of Q1 2019, up from 42 in Q4 2018.
- Funds reported $56.2M of Direxion NASDAQ-100 Equal Weighted Index ETF stock for Q1 2019, up 15% quarter-over-quarter.
- 12 funds opened new Direxion NASDAQ-100 Equal Weighted Index ETF positions in Q1 2019 and 2 closed out, a net change of +10 holders.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF buyer in Q1 2019 was Raymond James Financial Services Advisors, an estimated $7.24M added.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF seller in Q1 2019 was Private Advisor Group, an estimated $5.76M sold.
Based on aggregated 13F filings for Q1 2019.