Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
50 hedge funds and large institutions have $55.6M invested in Direxion NASDAQ-100 Equal Weighted Index ETF in 2019 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 22 reducing their positions, and 8 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 53 → 50 (-3)
6.07% less ownership
Funds ownership: 32.31% → 26.24% (-6.1%)
24% less capital invested
Capital invested by funds: $73M → $55.6M (-$17.4M)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
50% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$5.17M |
| 2 |
Goldman Sachs
New York
|
+$1.75M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$728K |
| 4 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$623K |
| 5 |
PRS
Pinkerton Retirement Specialists
Coeur D Alene,
Idaho
|
+$617K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Advisor Group
Phoenix,
Arizona
|
-$12.4M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$3.63M |
| 3 |
WA
WESPAC Advisors
Orinda,
California
|
-$1.89M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.87M |
| 5 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
-$1.13M |
QQQE Hedge Fund Activity: Q3 2019 in Review
50 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) for Q3 2019, worth a combined $55.6M — down 24% from $73M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of QQQE and 6 opened new positions — a net loss of 2 holders — while 22 trimmed existing stakes and 11 added.
The largest buyer was Private Advisor Group, adding an estimated $5.17M. The largest seller was Advisor Group, cutting an estimated $12.4M.
- 50 institutional investors held Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) as of Q3 2019, down from 53 in Q2 2019.
- Funds reported $55.6M of Direxion NASDAQ-100 Equal Weighted Index ETF stock for Q3 2019, down 24% quarter-over-quarter.
- 6 funds opened new Direxion NASDAQ-100 Equal Weighted Index ETF positions in Q3 2019 and 8 closed out, a net change of -2 holders.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF buyer in Q3 2019 was Private Advisor Group, an estimated $5.17M added.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF seller in Q3 2019 was Advisor Group, an estimated $12.4M sold.
Based on aggregated 13F filings for Q3 2019.