Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
152 hedge funds and large institutions have $486M invested in Direxion NASDAQ-100 Equal Weighted Index ETF in 2023 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 41 increasing their positions, 49 reducing their positions, and 8 closing their positions.
275% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 8
16% more funds holding
Funds holding: 131 → 152 (+21)
13% more capital invested
Capital invested by funds: $428M → $486M (+$57.7M)
0.84% more ownership
Funds ownership: 58.27% → 59.11% (+0.84%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
16% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 49
85% less call options, than puts
Call options by funds: $3.01M | Put options by funds: $20.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$42M |
| 2 |
BMM
Berkshire Money Management
Dalton,
Massachusetts
|
+$23.4M |
| 3 |
Morgan Stanley
New York
|
+$18.4M |
| 4 |
TIA
Traphagen Investment Advisors
Oradell,
New Jersey
|
+$13M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$7.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RFG
RFP Financial Group
Atlanta,
Georgia
|
-$23.9M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$15.4M |
| 3 |
HCA
Heck Capital Advisors
Rhinelander,
Wisconsin
|
-$14.4M |
| 4 |
LPL Financial
San Diego,
California
|
-$3.47M |
| 5 |
ZIMP
Zimmermann Investment Management & Planning
New Cumberland,
Pennsylvania
|
-$3.42M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
151
Anchor Investment Management
Columbia,
South Carolina
| $224 | – | – | – |
|
152
Citigroup
New York
| $75 | – | – | – |
|
|
153
BNP Paribas Financial Markets
Paris,
France
| – | -$15.4M | -200,000 | Closed |
|
|
HCA
154
Heck Capital Advisors
Rhinelander,
Wisconsin
| – | -$14.4M | -186,942 | Closed |
|
|
LWM
155
Laidlaw Wealth Management
New York City,
New York
| – | -$690K | -8,960 | Closed |
|
|
PFG
156
Prosperity Financial Group
San Ramon,
California
| – | -$494K | -6,412 | Closed |
|
|
TP
157
Tranquility Partners
Brentwood,
Tennessee
| – | -$445K | -5,780 | Closed |
|
|
VAS
158
Vestmark Advisory Solutions
Wakefield,
Massachusetts
| – | -$242K | -3,141 | Closed |
|
|
GGS
159
Galvin Gaustad & Stein
Scottsdale,
Arizona
| – | -$203K | -2,635 | Closed |
|
|
WWP
160
WR Wealth Planners
Columbia,
Missouri
| – | -$4.38K | -57 | Closed |
|
QQQE Hedge Fund Activity: Q3 2023 in Review
152 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) for Q3 2023, worth a combined $486M — up 13% from $428M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new QQQE positions and 8 closed out — a net gain of 22 holders — while 41 added to existing stakes and 49 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $42M. The largest seller was RFP Financial Group, cutting an estimated $23.9M.
- 152 institutional investors held Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) as of Q3 2023, up from 131 in Q2 2023.
- Funds reported $486M of Direxion NASDAQ-100 Equal Weighted Index ETF stock for Q3 2023, up 13% quarter-over-quarter.
- 30 funds opened new Direxion NASDAQ-100 Equal Weighted Index ETF positions in Q3 2023 and 8 closed out, a net change of +22 holders.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF buyer in Q3 2023 was Goldman Sachs, an estimated $42M added.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF seller in Q3 2023 was RFP Financial Group, an estimated $23.9M sold.
Based on aggregated 13F filings for Q3 2023.