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Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE

204 hedge funds and large institutions have $725M invested in Direxion NASDAQ-100 Equal Weighted Index ETF in 2024 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 65 increasing their positions, 63 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more capital invested

Capital invested by funds: $687M → $725M (+$38M)

5.03% more ownership

Funds ownership: 53.66% → 58.69% (+5%)

6% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 16

3% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 63

0% more funds holding in top 10

Funds holding in top 10: 8 → 8 (0)

2% less funds holding

Funds holding: 208 → 204 (-4)

89% less call options, than puts

Call options by funds: $1.28M | Put options by funds: $11.9M

Holders
204
Holders Change
-4
Holders Change %
-1.92%
% of All Funds
2.95%
Holding in Top 10
8
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.12%
New
17
Increased
65
Reduced
63
Closed
16
Calls
$1.28M
Puts
$11.9M
Net Calls
-$10.6M
Net Calls Change
+$7.53M

Top Buyers

Rank Fund Capital Flow
1
Goldman Sachs
Goldman Sachs
New York
+$50.3M
2
Morgan Stanley
Morgan Stanley
New York
+$19.8M
3
Citigroup
Citigroup
New York
+$8.73M
4
MAG
MRA Advisory Group
New Jersey
+$3.75M
5
QC
Quadrature Capital
United Kingdom
+$3.43M

Top Sellers

Rank Fund Capital Flow
1
TIA
Traphagen Investment Advisors
New Jersey
-$11.7M
2
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$10.1M
3
Bank of America
Bank of America
North Carolina
-$5.77M
4
TF
Theory Financial
Colorado
-$3.84M
5
EH
Equitable Holdings
New York
-$3.48M
Name Holding Trade Value Shares
Change 		Change in
Stake
TCWM
126
Total Clarity Wealth Management
Illinois
$262K -$15.5K -178 -6%
GA
127
Gateway Advisory
New Jersey
$261K -$21.7K -249 -8%
DFA
128
DHJJ Financial Advisors
Illinois
$257K +$12.8K +147 +5%
DC
129
Davenport & Co
Virginia
$254K – – –
PWM
130
Purus Wealth Management
California
$252K +$10K +115 +4%
WI
131
Wintrust Investments
Illinois
$234K – – –
GGS
132
Galvin Gaustad & Stein
Arizona
$234K – – –
TFS
133
Thoroughbred Financial Services
Tennessee
$233K +$229K +2,629 New
Jones Financial Companies
134
Jones Financial Companies
Missouri
$228K +$195K +2,242 +694%
FFA
135
Florida Financial Advisors
Florida
$220K +$216K +2,478 New
LWM
136
LJI Wealth Management
Indiana
$217K +$213K +2,447 New
MOS
137
MGO One Seven
Ohio
$215K – – –
RFA
138
Resurgent Financial Advisors
Georgia
$213K +$3.92K +45 +2%
DI
139
Diligent Investors
California
$212K -$6.71K -77 -3%
APP
140
Avantax Planning Partners
Iowa
$211K – – –
KFS
141
Kaizen Financial Strategies
California
$210K -$21.7K -249 -9%
Stifel Financial
142
Stifel Financial
Missouri
$206K -$8.54K -98 -4%
Bank of New York Mellon
143
Bank of New York Mellon
New York
$206K +$203K +2,326 New
KIA
144
KCM Investment Advisors
California
$205K – – –
TWC
145
TD Waterhouse Canada
Ontario, Canada
$202K – – –
KWM
146
Kaydan Wealth Management
Michigan
$201K -$3.83K -44 -2%
IA
147
IFP Advisors
Florida
$184K – – –
WWP
148
WR Wealth Planners
Missouri
$167K +$35.2K +404 +27%
National Bank of Canada
149
National Bank of Canada
Quebec, Canada
$145K -$57.5K -660 -29%
GLR
150
Great Lakes Retirement
Ohio
$137K +$134K +1,539 New
4 5
6
7 8

QQQE Hedge Fund Activity: Q2 2024 in Review

204 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) for Q2 2024, worth a combined $725M — up 5.5% from $687M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new QQQE positions and 16 closed out — a net gain of 1 holder — while 65 added to existing stakes and 63 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $50.3M. The largest seller was Traphagen Investment Advisors, cutting an estimated $11.7M.

  • 204 institutional investors held Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) as of Q2 2024, down from 208 in Q1 2024.
  • Funds reported $725M of Direxion NASDAQ-100 Equal Weighted Index ETF stock for Q2 2024, up 5.5% quarter-over-quarter.
  • 17 funds opened new Direxion NASDAQ-100 Equal Weighted Index ETF positions in Q2 2024 and 16 closed out, a net change of +1 holder.
  • The largest Direxion NASDAQ-100 Equal Weighted Index ETF buyer in Q2 2024 was Goldman Sachs, an estimated $50.3M added.
  • The largest Direxion NASDAQ-100 Equal Weighted Index ETF seller in Q2 2024 was Traphagen Investment Advisors, an estimated $11.7M sold.

Based on aggregated 13F filings for Q2 2024.