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Direxion NASDAQ-100 Equal Weighted Index ETF

217 hedge funds and large institutions have $754M invested in Direxion NASDAQ-100 Equal Weighted Index ETF in 2024 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 62 increasing their positions, 80 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

81% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 16

7.19% more ownership

Funds ownership: 58.69%65.87% (+7.2%)

6% more funds holding

Funds holding: 204217 (+13)

4% more capital invested

Capital invested by funds: $725M → $754M (+$29.2M)

23% less repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 80

38% less funds holding in top 10

Funds holding in top 10: 85 (-3)

89% less call options, than puts

Call options by funds: $1.92M | Put options by funds: $18.2M

Holders
217
Holders Change
+13
Holders Change %
+6.37%
% of All Funds
3.12%
Holding in Top 10
5
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-37.5%
% of All Funds
0.07%
New
29
Increased
62
Reduced
80
Closed
16
Calls
$1.92M
Puts
$18.2M
Net Calls
-$16.3M
Net Calls Change
-$5.72M
Name Holding Trade Value Shares
Change
Change in
Stake
ASN
101
Advisory Services Network
Georgia
$511K
Carson Wealth (CWM LLC)
102
Carson Wealth (CWM LLC)
Nebraska
$496K +$369K +4,184 +319%
PA
103
Parallel Advisors
California
$462K
Thrivent Financial for Lutherans
104
Thrivent Financial for Lutherans
Minnesota
$448K -$2.33M -26,370 -84%
SAM
105
Smartleaf Asset Management
Massachusetts
$447K -$234K -2,652 -35%
CW
106
CreativeOne Wealth
Kansas
$446K +$436K +4,947 New
GIA
107
Gladstone Institutional Advisory
Florida
$428K +$1.06K +12 +0.3%
LCWP
108
Legacy Capital Wealth Partners
Arkansas
$411K +$402K +4,554 New
MCCA
109
Mill Creek Capital Advisors
Pennsylvania
$408K
Baird Financial Group
110
Baird Financial Group
Wisconsin
$397K -$405K -4,596 -51%
EH
111
Equitable Holdings
New York
$386K -$10.8K -122 -3%
TFP
112
Tilia Fiduciary Partners
North Carolina
$386K -$13.1K -149 -3%
APA
113
Astoria Portfolio Advisors
New York
$384K -$603K -6,841 -62%
EW
114
Element Wealth
Mississippi
$358K
Envestnet Portfolio Solutions
115
Envestnet Portfolio Solutions
Illinois
$352K +$7.41K +84 +2%
PCMF
116
Private Capital Management (Florida)
Florida
$352K +$21.1K +239 +7%
Bank of Montreal
117
Bank of Montreal
Ontario, Canada
$348K -$4.7M -53,291 -93%
Fidelity Investments
118
Fidelity Investments
Massachusetts
$348K +$271K +3,078 +395%
MPW
119
Monterey Private Wealth
California
$345K +$617 +7 +0.2%
TWM
120
Triton Wealth Management
Arizona
$343K
MIH
121
Meitav Investment House
Israel
$325K
ECM
122
Evergreen Capital Management
Washington
$320K
BCI
123
Brinker Capital Investments
Pennsylvania
$319K -$894K -10,135 -74%
OPS
124
Orion Portfolio Solutions
Nebraska
$319K -$894K -10,135 -74%
SA
125
Sanctuary Advisors
Indiana
$317K +$298K +3,376 New

QQQE Hedge Fund Activity: Q3 2024 in Review

217 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) for Q3 2024, worth a combined $754M — up 4% from $725M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new QQQE positions and 16 closed out — a net gain of 13 holders — while 62 added to existing stakes and 80 trimmed.

The largest buyer was Total Investment Management, opening a new position worth an estimated $58.3M. The largest seller was Berkshire Money Management, cutting an estimated $61.6M.

  • 217 institutional investors held Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) as of Q3 2024, up from 204 in Q2 2024.
  • Funds reported $754M of Direxion NASDAQ-100 Equal Weighted Index ETF stock for Q3 2024, up 4% quarter-over-quarter.
  • 29 funds opened new Direxion NASDAQ-100 Equal Weighted Index ETF positions in Q3 2024 and 16 closed out, a net change of +13 holders.
  • The largest Direxion NASDAQ-100 Equal Weighted Index ETF buyer in Q3 2024 was Total Investment Management, an estimated $58.3M added.
  • The largest Direxion NASDAQ-100 Equal Weighted Index ETF seller in Q3 2024 was Berkshire Money Management, an estimated $61.6M sold.

Based on aggregated 13F filings for Q3 2024.