Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
73 hedge funds and large institutions have $111M invested in Direxion NASDAQ-100 Equal Weighted Index ETF in 2021 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 19 increasing their positions, 23 reducing their positions, and 11 closing their positions.
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
1.67% less ownership
Funds ownership: 32.4% → 30.73% (-1.7%)
3% less funds holding
Funds holding: 75 → 73 (-2)
8% less capital invested
Capital invested by funds: $121M → $111M (-$9.67M)
17% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 23
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$3.63M |
| 2 |
Morgan Stanley
New York
|
+$2.04M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$718K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$607K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$532K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EE
EWG Elevate
Roseville,
California
|
-$5.6M |
| 2 |
EWP
Engrave Wealth Partners
The Woodlands,
Texas
|
-$4.18M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.92M |
| 4 |
OPWM
Oxinas Partners Wealth Management
Jeffersonville,
Indiana
|
-$3.26M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IP
76
Intellectus Partners
San Francisco,
California
| – | -$302K | -4,019 | Closed |
|
|
LNC
77
Lincoln National Corp
Radnor,
Pennsylvania
| – | -$235K | -3,133 | Closed |
|
78
BNP Paribas Financial Markets
Paris,
France
| – | -$150K | -2,000 | Closed |
|
|
BBPWM
79
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| – | -$80K | -1,019 | Closed |
|
|
CWM
80
Cedar Wealth Management
Walnut Creek,
California
| – | -$26K | -344 | Closed |
|
|
CI
81
CX Institutional
Auburn,
Indiana
| – | -$20K | -263 | Closed |
|
|
SFS
82
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$17K | -222 | Closed |
|
|
CA
83
Clearstead Advisors
Cleveland,
Ohio
| – | -$8K | -104 | Closed |
|
84
Simplex Trading
Chicago,
Illinois
| – | -$3K | -47 | Closed |
|
QQQE Hedge Fund Activity: Q1 2021 in Review
73 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) for Q1 2021, worth a combined $111M — down 8% from $121M a quarter earlier.
Fund positioning in QQQE was balanced in Q1 2021: 11 funds opened new positions, 11 closed out, 19 added to existing stakes and 23 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $3.63M. The largest seller was EWG Elevate, exiting entirely with an estimated $5.6M sold.
- 73 institutional investors held Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) as of Q1 2021, down from 75 in Q4 2020.
- Funds reported $111M of Direxion NASDAQ-100 Equal Weighted Index ETF stock for Q1 2021, down 8% quarter-over-quarter.
- 11 funds opened new Direxion NASDAQ-100 Equal Weighted Index ETF positions in Q1 2021 and 11 closed out, a net change of 0 holders.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF buyer in Q1 2021 was Goldman Sachs, an estimated $3.63M added.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF seller in Q1 2021 was EWG Elevate, an estimated $5.6M sold.
Based on aggregated 13F filings for Q1 2021.