Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
19 hedge funds and large institutions have $15.7M invested in Direxion NASDAQ-100 Equal Weighted Index ETF in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 2 reducing their positions, and 3 closing their positions.
250% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 2
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
19% more funds holding
Funds holding: 16 → 19 (+3)
15% less capital invested
Capital invested by funds: $18.5M → $15.7M (-$2.81M)
37.1% less ownership
Funds ownership: 77.73% → 40.63% (-37%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$8.21M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.3M |
| 3 |
CWM
Concert Wealth Management
San Jose,
California
|
+$823K |
| 4 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$569K |
| 5 |
Jane Street
New York
|
+$418K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$12.7M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.21M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$472K |
| 4 |
CCS
Crosspoint Capital Strategies
Orinda,
California
|
-$5K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$13 |
QQQE Hedge Fund Activity: Q1 2015 in Review
19 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) for Q1 2015, worth a combined $15.7M — down 15% from $18.5M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new QQQE positions and 3 closed out — a net gain of 3 holders — while 7 added to existing stakes and 2 trimmed.
The largest buyer was Raymond James & Associates, opening a new position worth an estimated $8.21M. The largest seller was Deutsche Bank, exiting entirely with an estimated $12.7M sold.
- 19 institutional investors held Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) as of Q1 2015, up from 16 in Q4 2014.
- Funds reported $15.7M of Direxion NASDAQ-100 Equal Weighted Index ETF stock for Q1 2015, down 15% quarter-over-quarter.
- 6 funds opened new Direxion NASDAQ-100 Equal Weighted Index ETF positions in Q1 2015 and 3 closed out, a net change of +3 holders.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF buyer in Q1 2015 was Raymond James & Associates, an estimated $8.21M added.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF seller in Q1 2015 was Deutsche Bank, an estimated $12.7M sold.
Based on aggregated 13F filings for Q1 2015.