Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
65 hedge funds and large institutions have $91.9M invested in Direxion NASDAQ-100 Equal Weighted Index ETF in 2020 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 24 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
5% more funds holding
Funds holding: 62 → 65 (+3)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
3.95% less ownership
Funds ownership: 35.97% → 32.03% (-3.9%)
10% less capital invested
Capital invested by funds: $102M → $91.9M (-$9.82M)
33% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWM
Paulson Wealth Management
Wheaton,
Illinois
|
+$3.93M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.39M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.14M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$836K |
| 5 |
EWP
Engrave Wealth Partners
The Woodlands,
Texas
|
+$791K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$8.29M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$5.36M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.15M |
| 4 |
SAM
Stringer Asset Management
Memphis,
Tennessee
|
-$2.54M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.96M |
QQQE Hedge Fund Activity: Q3 2020 in Review
65 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) for Q3 2020, worth a combined $91.9M — down 9.7% from $102M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new QQQE positions and 6 closed out — a net gain of 3 holders — while 16 added to existing stakes and 24 trimmed.
The largest buyer was Paulson Wealth Management, opening a new position worth an estimated $3.93M. The largest seller was Raymond James & Associates, cutting an estimated $8.29M.
- 65 institutional investors held Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) as of Q3 2020, up from 62 in Q2 2020.
- Funds reported $91.9M of Direxion NASDAQ-100 Equal Weighted Index ETF stock for Q3 2020, down 9.7% quarter-over-quarter.
- 9 funds opened new Direxion NASDAQ-100 Equal Weighted Index ETF positions in Q3 2020 and 6 closed out, a net change of +3 holders.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF buyer in Q3 2020 was Paulson Wealth Management, an estimated $3.93M added.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF seller in Q3 2020 was Raymond James & Associates, an estimated $8.29M sold.
Based on aggregated 13F filings for Q3 2020.