Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
9 hedge funds and large institutions have $20.7M invested in Direxion NASDAQ-100 Equal Weighted Index ETF in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
31% more capital invested
Capital invested by funds: $15.8M → $20.7M (+$4.9M)
29% more funds holding
Funds holding: 7 → 9 (+2)
6.77% more ownership
Funds ownership: 129.38% → 136.16% (+6.8%)
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$16.6M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.83M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$579K |
| 4 |
Morgan Stanley
New York
|
+$484K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$99.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$13.5M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$634K |
| 3 |
AFS
Aft Forsyth & Sober
Valrico,
Florida
|
-$517K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $16.6M | +$16.6M | +600,200 | New |
|
|
TRCT
2
Tower Research Capital (TRC)
New York
| $1.83M | +$1.83M | +66,492 | New |
|
|
3
Morgan Stanley
New York
| $1.47M | +$484K | +17,526 | +49% |
|
|
CS
4
Credit Suisse
Zurich,
Switzerland
| $579K | +$579K | +21,000 | New |
|
|
5
Bank of America
Charlotte,
North Carolina
| $99K | +$99.3K | +3,600 | New |
|
6
BNP Paribas Financial Markets
Paris,
France
| $54.1K | – | – | – |
|
|
AIG
7
American International Group
New York
| $36.3K | – | – | – |
|
|
LTFS
8
Ladenburg Thalmann Financial Services
Miami,
Florida
| $22K | – | – | – |
|
|
AFS
9
Aft Forsyth & Sober
Valrico,
Florida
| $10K | -$517K | -18,750 | -98% |
|
|
10
Citigroup
New York
| – | -$13.5M | -500,000 | Closed |
|
|
11
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$634K | -23,424 | Closed |
|
QQQE Hedge Fund Activity: Q1 2014 in Review
9 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) for Q1 2014, worth a combined $20.7M — up 31% from $15.8M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new QQQE positions and 2 closed out — a net gain of 2 holders — while 1 added to existing stakes and 1 trimmed.
The largest buyer was Deutsche Bank, opening a new position worth an estimated $16.6M. The largest seller was Citigroup, exiting entirely with an estimated $13.5M sold.
- 9 institutional investors held Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) as of Q1 2014, up from 7 in Q4 2013.
- Funds reported $20.7M of Direxion NASDAQ-100 Equal Weighted Index ETF stock for Q1 2014, up 31% quarter-over-quarter.
- 4 funds opened new Direxion NASDAQ-100 Equal Weighted Index ETF positions in Q1 2014 and 2 closed out, a net change of +2 holders.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF buyer in Q1 2014 was Deutsche Bank, an estimated $16.6M added.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF seller in Q1 2014 was Citigroup, an estimated $13.5M sold.
Based on aggregated 13F filings for Q1 2014.