Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
136 hedge funds and large institutions have $293M invested in Direxion NASDAQ-100 Equal Weighted Index ETF in 2023 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 47 increasing their positions, 28 reducing their positions, and 13 closing their positions.
146% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 13
68% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 28
54% more capital invested
Capital invested by funds: $191M → $293M (+$102M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
14% more funds holding
Funds holding: 119 → 136 (+17)
9.97% more ownership
Funds ownership: 43.7% → 53.67% (+10%)
78% less call options, than puts
Call options by funds: $1.04M | Put options by funds: $4.82M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$33.2M |
| 2 |
BMM
Berkshire Money Management
Dalton,
Massachusetts
|
+$9.99M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$6.59M |
| 4 |
Morgan Stanley
New York
|
+$5.1M |
| 5 |
RJT
Raymond James Trust
St. Petersburg,
Florida
|
+$4.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$9.57M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$2.87M |
| 3 |
OC
Oppenheimer & Co
New York
|
-$2.51M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.88M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.03M |
QQQE Hedge Fund Activity: Q1 2023 in Review
136 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) for Q1 2023, worth a combined $293M — up 54% from $191M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new QQQE positions and 13 closed out — a net gain of 19 holders — while 47 added to existing stakes and 28 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $33.2M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $9.57M sold.
- 136 institutional investors held Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) as of Q1 2023, up from 119 in Q4 2022.
- Funds reported $293M of Direxion NASDAQ-100 Equal Weighted Index ETF stock for Q1 2023, up 54% quarter-over-quarter.
- 32 funds opened new Direxion NASDAQ-100 Equal Weighted Index ETF positions in Q1 2023 and 13 closed out, a net change of +19 holders.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF buyer in Q1 2023 was Goldman Sachs, an estimated $33.2M added.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF seller in Q1 2023 was JP Morgan Chase, an estimated $9.57M sold.
Based on aggregated 13F filings for Q1 2023.