Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
33 hedge funds and large institutions have $23.7M invested in Direxion NASDAQ-100 Equal Weighted Index ETF in 2017 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 3 closing their positions.
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
27% more funds holding
Funds holding: 26 → 33 (+7)
25% more capital invested
Capital invested by funds: $19M → $23.7M (+$4.68M)
2.92% more ownership
Funds ownership: 38.13% → 41.05% (+2.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.04M |
| 2 |
LWAC
Laurel Wealth Advisors (California)
Solana Beach,
California
|
+$729K |
| 3 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
+$548K |
| 4 |
LPL Financial
San Diego,
California
|
+$535K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$279K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
-$2.01M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.06M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$621K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$149K |
| 5 |
ALIONA
Allianz Life Insurance of North America
Minneapolis,
Minnesota
|
-$74.3K |
QQQE Hedge Fund Activity: Q1 2017 in Review
33 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) for Q1 2017, worth a combined $23.7M — up 25% from $19M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new QQQE positions and 3 closed out — a net gain of 8 holders — while 10 added to existing stakes and 7 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $2.04M. The largest seller was Pinnacle Family Advisors, exiting entirely with an estimated $2.01M sold.
- 33 institutional investors held Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) as of Q1 2017, up from 26 in Q4 2016.
- Funds reported $23.7M of Direxion NASDAQ-100 Equal Weighted Index ETF stock for Q1 2017, up 25% quarter-over-quarter.
- 11 funds opened new Direxion NASDAQ-100 Equal Weighted Index ETF positions in Q1 2017 and 3 closed out, a net change of +8 holders.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF buyer in Q1 2017 was Jane Street, an estimated $2.04M added.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF seller in Q1 2017 was Pinnacle Family Advisors, an estimated $2.01M sold.
Based on aggregated 13F filings for Q1 2017.