Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
62 hedge funds and large institutions have $102M invested in Direxion NASDAQ-100 Equal Weighted Index ETF in 2020 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 22 increasing their positions, 18 reducing their positions, and 8 closing their positions.
45% more capital invested
Capital invested by funds: $69.9M → $102M (+$31.8M)
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
22% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 18
1.42% more ownership
Funds ownership: 34.55% → 35.97% (+1.4%)
0% more funds holding
Funds holding: 62 → 62 (0)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$7.09M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$5.39M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$5.27M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$2.31M |
| 5 |
EE
EWG Elevate
Roseville,
California
|
+$2.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$5.69M |
| 2 |
PRS
Pinkerton Retirement Specialists
Coeur D Alene,
Idaho
|
-$4.54M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.34M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$779K |
| 5 |
BSW
Buckingham Strategic Wealth
Clayton,
Missouri
|
-$763K |
QQQE Hedge Fund Activity: Q2 2020 in Review
62 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) for Q2 2020, worth a combined $102M — up 45% from $69.9M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new QQQE positions and 8 closed out — a net gain of 2 holders — while 22 added to existing stakes and 18 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $7.09M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $5.69M.
- 62 institutional investors held Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) as of Q2 2020, unchanged from Q1 2020.
- Funds reported $102M of Direxion NASDAQ-100 Equal Weighted Index ETF stock for Q2 2020, up 45% quarter-over-quarter.
- 10 funds opened new Direxion NASDAQ-100 Equal Weighted Index ETF positions in Q2 2020 and 8 closed out, a net change of +2 holders.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF buyer in Q2 2020 was Raymond James & Associates, an estimated $7.09M added.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF seller in Q2 2020 was Raymond James Financial Services Advisors, an estimated $5.69M sold.
Based on aggregated 13F filings for Q2 2020.