Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
208 hedge funds and large institutions have $687M invested in Direxion NASDAQ-100 Equal Weighted Index ETF in 2024 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 79 increasing their positions, 43 reducing their positions, and 14 closing their positions.
214% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 14
84% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 43
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
16% more funds holding
Funds holding: 180 → 208 (+28)
12% more capital invested
Capital invested by funds: $612M → $687M (+$74.1M)
2% less ownership
Funds ownership: 55.66% → 53.66% (-2%)
89% less call options, than puts
Call options by funds: $2.21M | Put options by funds: $20.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$25.7M |
| 2 |
TIA
Traphagen Investment Advisors
Oradell,
New Jersey
|
+$21.9M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$20.1M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$12.6M |
| 5 |
FFG
Frisch Financial Group
Melville,
New York
|
+$10.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$27.8M |
| 2 |
AWM
Axxcess Wealth Management
Carlsbad,
California
|
-$21.3M |
| 3 |
PCM
Presidio Capital Management
San Diego,
California
|
-$21.1M |
| 4 |
SW
SteelPeak Wealth
Woodland Hills,
California
|
-$11.2M |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$6.27M |
QQQE Hedge Fund Activity: Q1 2024 in Review
208 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) for Q1 2024, worth a combined $687M — up 12% from $612M a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new QQQE positions and 14 closed out — a net gain of 30 holders — while 79 added to existing stakes and 43 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $25.7M. The largest seller was Morgan Stanley, cutting an estimated $27.8M.
- 208 institutional investors held Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) as of Q1 2024, up from 180 in Q4 2023.
- Funds reported $687M of Direxion NASDAQ-100 Equal Weighted Index ETF stock for Q1 2024, up 12% quarter-over-quarter.
- 44 funds opened new Direxion NASDAQ-100 Equal Weighted Index ETF positions in Q1 2024 and 14 closed out, a net change of +30 holders.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF buyer in Q1 2024 was Goldman Sachs, an estimated $25.7M added.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF seller in Q1 2024 was Morgan Stanley, an estimated $27.8M sold.
Based on aggregated 13F filings for Q1 2024.