Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
53 hedge funds and large institutions have $73M invested in Direxion NASDAQ-100 Equal Weighted Index ETF in 2019 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 14 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
36% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 14
30% more capital invested
Capital invested by funds: $56.2M → $73M (+$16.8M)
4.7% more ownership
Funds ownership: 27.61% → 32.31% (+4.7%)
4% more funds holding
Funds holding: 51 → 53 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Advisor Group
Phoenix,
Arizona
|
+$12.1M |
| 2 |
PRS
Pinkerton Retirement Specialists
Coeur D Alene,
Idaho
|
+$2.13M |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$2.03M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.88M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$695K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$2.03M |
| 2 |
DI
Diligent Investors
Redlands,
California
|
-$1.42M |
| 3 |
SA
Strategic Advisors
New York
|
-$1.35M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.26M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$959K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IRC
51
Investors Research Corp
Atlanta,
Georgia
| $3K | – | – | – |
|
|
OIA
52
Optimum Investment Advisors
Chicago,
Illinois
| $1K | – | – | – |
|
|
53
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$2.03M | -42,350 | Closed |
|
|
SA
54
Strategic Advisors
New York
| – | -$1.35M | -28,217 | Closed |
|
|
SS
55
Simplicity Solutions
Minneapolis,
Minnesota
| – | -$687K | -14,367 | Closed |
|
|
WCM
56
WealthBridge Capital Management
Westerville,
Ohio
| – | -$60K | -1,221 | Closed |
|
|
SWM
57
SeaCrest Wealth Management
Purchase,
New York
| – | -$1K | -30 | Closed |
|
QQQE Hedge Fund Activity: Q2 2019 in Review
53 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) for Q2 2019, worth a combined $73M — up 30% from $56.2M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new QQQE positions and 5 closed out — a net gain of 3 holders — while 19 added to existing stakes and 14 trimmed.
The largest buyer was Advisor Group, adding an estimated $12.1M. The largest seller was Bank of Montreal, exiting entirely with an estimated $2.03M sold.
- 53 institutional investors held Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) as of Q2 2019, up from 51 in Q1 2019.
- Funds reported $73M of Direxion NASDAQ-100 Equal Weighted Index ETF stock for Q2 2019, up 30% quarter-over-quarter.
- 8 funds opened new Direxion NASDAQ-100 Equal Weighted Index ETF positions in Q2 2019 and 5 closed out, a net change of +3 holders.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF buyer in Q2 2019 was Advisor Group, an estimated $12.1M added.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF seller in Q2 2019 was Bank of Montreal, an estimated $2.03M sold.
Based on aggregated 13F filings for Q2 2019.