Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
75 hedge funds and large institutions have $121M invested in Direxion NASDAQ-100 Equal Weighted Index ETF in 2020 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 25 increasing their positions, 19 reducing their positions, and 4 closing their positions.
250% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 4
32% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 19
32% more capital invested
Capital invested by funds: $91.9M → $121M (+$29M)
15% more funds holding
Funds holding: 65 → 75 (+10)
0.38% more ownership
Funds ownership: 32.03% → 32.4% (+0.38%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$5.3M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.5M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$1.47M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.32M |
| 5 |
EWP
Engrave Wealth Partners
The Woodlands,
Texas
|
+$880K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWM
Paulson Wealth Management
Wheaton,
Illinois
|
-$3.46M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.69M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.79M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$853K |
| 5 |
EE
EWG Elevate
Roseville,
California
|
-$643K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
76
Citadel Advisors
Miami,
Florida
| – | -$853K | -13,233 | Closed |
|
|
AAS
77
Avantax Advisory Services
Dallas,
Texas
| – | -$299K | -4,635 | Closed |
|
|
PFBT
78
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$82K | -1,265 | Closed |
|
79
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | -38 | Closed |
|
QQQE Hedge Fund Activity: Q4 2020 in Review
75 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) for Q4 2020, worth a combined $121M — up 32% from $91.9M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new QQQE positions and 4 closed out — a net gain of 10 holders — while 25 added to existing stakes and 19 trimmed.
The largest buyer was Bank of America, adding an estimated $5.3M. The largest seller was Paulson Wealth Management, cutting an estimated $3.46M.
- 75 institutional investors held Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) as of Q4 2020, up from 65 in Q3 2020.
- Funds reported $121M of Direxion NASDAQ-100 Equal Weighted Index ETF stock for Q4 2020, up 32% quarter-over-quarter.
- 14 funds opened new Direxion NASDAQ-100 Equal Weighted Index ETF positions in Q4 2020 and 4 closed out, a net change of +10 holders.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF buyer in Q4 2020 was Bank of America, an estimated $5.3M added.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF seller in Q4 2020 was Paulson Wealth Management, an estimated $3.46M sold.
Based on aggregated 13F filings for Q4 2020.