Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
20 hedge funds and large institutions have $12.8M invested in Direxion NASDAQ-100 Equal Weighted Index ETF in 2016 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 9 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 4
5.96% more ownership
Funds ownership: 37.06% → 43.02% (+6%)
12% less capital invested
Capital invested by funds: $14.6M → $12.8M (-$1.79M)
20% less call options, than puts
Call options by funds: $370K | Put options by funds: $462K
29% less funds holding
Funds holding: 28 → 20 (-8)
89% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
+$2.04M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$473K |
| 3 |
Jane Street
New York
|
+$95.5K |
| 4 |
Morgan Stanley
New York
|
+$24.2K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$15.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$2.15M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.47M |
| 3 |
LPL Financial
San Diego,
California
|
-$323K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$210K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$110K |
QQQE Hedge Fund Activity: Q2 2016 in Review
20 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) for Q2 2016, worth a combined $12.8M — down 12% from $14.6M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of QQQE and 1 opened new positions — a net loss of 8 holders — while 4 trimmed existing stakes and 9 added.
The largest buyer was Virtu KCG Holdings, adding an estimated $2.04M. The largest seller was Citadel Advisors, exiting entirely with an estimated $2.15M sold.
- 20 institutional investors held Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) as of Q2 2016, down from 28 in Q1 2016.
- Funds reported $12.8M of Direxion NASDAQ-100 Equal Weighted Index ETF stock for Q2 2016, down 12% quarter-over-quarter.
- 1 fund opened new Direxion NASDAQ-100 Equal Weighted Index ETF positions in Q2 2016 and 9 closed out, a net change of -8 holders.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF buyer in Q2 2016 was Virtu KCG Holdings, an estimated $2.04M added.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF seller in Q2 2016 was Citadel Advisors, an estimated $2.15M sold.
Based on aggregated 13F filings for Q2 2016.