Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
180 hedge funds and large institutions have $612M invested in Direxion NASDAQ-100 Equal Weighted Index ETF in 2023 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 52 increasing their positions, 49 reducing their positions, and 15 closing their positions.
200% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 15
113% more call options, than puts
Call options by funds: $20.9M | Put options by funds: $9.8M
26% more capital invested
Capital invested by funds: $486M → $612M (+$126M)
18% more funds holding
Funds holding: 152 → 180 (+28)
6% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 49
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
3.45% less ownership
Funds ownership: 59.11% → 55.66% (-3.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Waddell & Associates
Memphis,
Tennessee
|
+$26M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$13M |
| 3 |
CFG
Carr Financial Group
Worcester,
Massachusetts
|
+$11M |
| 4 |
SW
SteelPeak Wealth
Woodland Hills,
California
|
+$10.5M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$8.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$52.2M |
| 2 |
RFG
RFP Financial Group
Atlanta,
Georgia
|
-$28.8M |
| 3 |
HF
HRT Financial
New York
|
-$6.52M |
| 4 |
RJT
Raymond James Trust
St. Petersburg,
Florida
|
-$5.24M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.88M |
QQQE Hedge Fund Activity: Q4 2023 in Review
180 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) for Q4 2023, worth a combined $612M — up 26% from $486M a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new QQQE positions and 15 closed out — a net gain of 30 holders — while 52 added to existing stakes and 49 trimmed.
The largest buyer was Waddell & Associates, adding an estimated $26M. The largest seller was Goldman Sachs, cutting an estimated $52.2M.
- 180 institutional investors held Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) as of Q4 2023, up from 152 in Q3 2023.
- Funds reported $612M of Direxion NASDAQ-100 Equal Weighted Index ETF stock for Q4 2023, up 26% quarter-over-quarter.
- 45 funds opened new Direxion NASDAQ-100 Equal Weighted Index ETF positions in Q4 2023 and 15 closed out, a net change of +30 holders.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF buyer in Q4 2023 was Waddell & Associates, an estimated $26M added.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF seller in Q4 2023 was Goldman Sachs, an estimated $52.2M sold.
Based on aggregated 13F filings for Q4 2023.