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Direxion NASDAQ-100 Equal Weighted Index ETF

204 hedge funds and large institutions have $725M invested in Direxion NASDAQ-100 Equal Weighted Index ETF in 2024 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 65 increasing their positions, 63 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more capital invested

Capital invested by funds: $687M → $725M (+$38M)

5.03% more ownership

Funds ownership: 53.66%58.69% (+5%)

6% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 16

3% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 63

0% more funds holding in top 10

Funds holding in top 10: 88 (0)

2% less funds holding

Funds holding: 208204 (-4)

89% less call options, than puts

Call options by funds: $1.28M | Put options by funds: $11.9M

Holders
204
Holders Change
-4
Holders Change %
-1.92%
% of All Funds
2.95%
Holding in Top 10
8
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.12%
New
17
Increased
65
Reduced
63
Closed
16
Calls
$1.28M
Puts
$11.9M
Net Calls
-$10.6M
Net Calls Change
+$7.53M
Name Holding Trade Value Shares
Change
Change in
Stake
MCWS
51
McKinley Carter Wealth Services
West Virginia
$1.6M -$642K -7,372 -29%
HWM
52
HB Wealth Management
Georgia
$1.6M +$45.1K +518 +3%
State of Wisconsin Investment Board
53
State of Wisconsin Investment Board
Wisconsin
$1.58M +$1.55M +17,809 New
Janney Montgomery Scott
54
Janney Montgomery Scott
Pennsylvania
$1.52M -$112K -1,289 -7%
PAG
55
Private Advisor Group
New Jersey
$1.51M -$53.9K -619 -4%
WPIC
56
White Pine Investment Company
Michigan
$1.45M +$10.8K +124 +0.8%
WF
57
Warner Financial
Maryland
$1.39M
KAS
58
Kestra Advisory Services
Texas
$1.38M
BPA
59
Beacon Pointe Advisors
California
$1.28M
TWM
60
Tradition Wealth Management
Minnesota
$1.27M +$596K +6,843 +92%
Rockefeller Capital Management
61
Rockefeller Capital Management
New York
$1.27M +$28.1K +323 +2%
BCI
62
Brinker Capital Investments
Pennsylvania
$1.21M +$214K +2,462 +22%
OPS
63
Orion Portfolio Solutions
Nebraska
$1.21M +$214K +2,462 +22%
Comerica Bank
64
Comerica Bank
Texas
$1.2M +$52.8K +606 +5%
TRCT
65
Tower Research Capital (TRC)
New York
$1.19M +$1.17M +13,441 New
FA
66
Flagstar Advisors
New York
$1.13M +$13.8K +158 +1%
Qube Research & Technologies (QRT)
67
Qube Research & Technologies (QRT)
United Kingdom
$1.01M +$16.7K +192 +2%
PCM
68
Presidio Capital Management
California
$982K -$123K -1,414 -11%
APA
69
Astoria Portfolio Advisors
New York
$978K +$259K +2,973 +37%
9WM
70
9258 Wealth Management
Ohio
$976K +$25.6K +294 +3%
MAM
71
Mystic Asset Management
Rhode Island
$974K +$64.9K +745 +7%
WAP
72
Wealthcare Advisory Partners
Pennsylvania
$903K -$116K -1,327 -12%
Renaissance Technologies
73
Renaissance Technologies
New York
$896K -$1.34M -15,339 -60%
Citadel Advisors
74
Citadel Advisors
Florida
$871K -$108K -1,235 -11%
Mariner
75
Mariner
Kansas
$866K

QQQE Hedge Fund Activity: Q2 2024 in Review

204 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) for Q2 2024, worth a combined $725M — up 5.5% from $687M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new QQQE positions and 16 closed out — a net gain of 1 holder — while 65 added to existing stakes and 63 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $50.3M. The largest seller was Traphagen Investment Advisors, cutting an estimated $11.7M.

  • 204 institutional investors held Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) as of Q2 2024, down from 208 in Q1 2024.
  • Funds reported $725M of Direxion NASDAQ-100 Equal Weighted Index ETF stock for Q2 2024, up 5.5% quarter-over-quarter.
  • 17 funds opened new Direxion NASDAQ-100 Equal Weighted Index ETF positions in Q2 2024 and 16 closed out, a net change of +1 holder.
  • The largest Direxion NASDAQ-100 Equal Weighted Index ETF buyer in Q2 2024 was Goldman Sachs, an estimated $50.3M added.
  • The largest Direxion NASDAQ-100 Equal Weighted Index ETF seller in Q2 2024 was Traphagen Investment Advisors, an estimated $11.7M sold.

Based on aggregated 13F filings for Q2 2024.