Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
12 hedge funds and large institutions have $2.65M invested in Direxion NASDAQ-100 Equal Weighted Index ETF in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
33% more funds holding
Funds holding: 9 → 12 (+3)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
87% less capital invested
Capital invested by funds: $20.7M → $2.65M (-$18M)
105.6% less ownership
Funds ownership: 136.16% → 30.55% (-106%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$249K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$34.6K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$19.1K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$9.7K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$111 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$16.6M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.5M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$386K |
| 4 |
Morgan Stanley
New York
|
-$9.48K |
| 5 |
AIG
American International Group
New York
|
-$997 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $1.53M | -$9.48K | -342 | -0.6% |
|
|
TRCT
2
Tower Research Capital (TRC)
New York
| $362K | -$1.5M | -53,984 | -81% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $260K | +$249K | +8,980 | New |
|
|
CS
4
Credit Suisse
Zurich,
Switzerland
| $205K | -$386K | -13,914 | -66% |
|
5
Bank of America
Charlotte,
North Carolina
| $104K | – | – | – |
|
6
BNP Paribas Financial Markets
Paris,
France
| $57.9K | – | – | – |
|
|
AIG
7
American International Group
New York
| $37.1K | -$997 | -36 | -3% |
|
|
8
Wells Fargo
San Francisco,
California
| $36K | +$34.6K | +1,248 | New |
|
|
LTFS
9
Ladenburg Thalmann Financial Services
Miami,
Florida
| $23K | +$111 | +4 | +0.5% |
|
|
U
10
UBS
Zurich,
Switzerland
| $20K | +$19.1K | +690 | New |
|
|
AFS
11
Aft Forsyth & Sober
Valrico,
Florida
| $10K | – | – | – |
|
|
12
Royal Bank of Canada
Toronto,
Ontario, Canada
| $10K | +$9.7K | +350 | New |
|
|
13
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$16.6M | -600,200 | Closed |
|
QQQE Hedge Fund Activity: Q2 2014 in Review
12 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) for Q2 2014, worth a combined $2.65M — down 87% from $20.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new QQQE positions and 1 closed out — a net gain of 3 holders — while 1 added to existing stakes and 4 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $249K. The largest seller was Deutsche Bank, exiting entirely with an estimated $16.6M sold.
- 12 institutional investors held Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) as of Q2 2014, up from 9 in Q1 2014.
- Funds reported $2.65M of Direxion NASDAQ-100 Equal Weighted Index ETF stock for Q2 2014, down 87% quarter-over-quarter.
- 4 funds opened new Direxion NASDAQ-100 Equal Weighted Index ETF positions in Q2 2014 and 1 closed out, a net change of +3 holders.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF buyer in Q2 2014 was Susquehanna International Group, an estimated $249K added.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF seller in Q2 2014 was Deutsche Bank, an estimated $16.6M sold.
Based on aggregated 13F filings for Q2 2014.