Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
204 hedge funds and large institutions have $725M invested in Direxion NASDAQ-100 Equal Weighted Index ETF in 2024 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 65 increasing their positions, 63 reducing their positions, and 16 closing their positions.
6% more capital invested
Capital invested by funds: $687M → $725M (+$38M)
5.03% more ownership
Funds ownership: 53.66% → 58.69% (+5%)
6% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 16
3% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 63
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
2% less funds holding
Funds holding: 208 → 204 (-4)
89% less call options, than puts
Call options by funds: $1.28M | Put options by funds: $11.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$50.3M |
| 2 |
Morgan Stanley
New York
|
+$19.8M |
| 3 |
Citigroup
New York
|
+$8.73M |
| 4 |
MAG
MRA Advisory Group
Parsippany,
New Jersey
|
+$3.75M |
| 5 |
QC
Quadrature Capital
London,
United Kingdom
|
+$3.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIA
Traphagen Investment Advisors
Oradell,
New Jersey
|
-$11.7M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$10.1M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$5.77M |
| 4 |
TF
Theory Financial
Fort Collins,
Colorado
|
-$3.84M |
| 5 |
EH
Equitable Holdings
New York
|
-$3.48M |
QQQE Hedge Fund Activity: Q2 2024 in Review
204 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) for Q2 2024, worth a combined $725M — up 5.5% from $687M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new QQQE positions and 16 closed out — a net gain of 1 holder — while 65 added to existing stakes and 63 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $50.3M. The largest seller was Traphagen Investment Advisors, cutting an estimated $11.7M.
- 204 institutional investors held Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) as of Q2 2024, down from 208 in Q1 2024.
- Funds reported $725M of Direxion NASDAQ-100 Equal Weighted Index ETF stock for Q2 2024, up 5.5% quarter-over-quarter.
- 17 funds opened new Direxion NASDAQ-100 Equal Weighted Index ETF positions in Q2 2024 and 16 closed out, a net change of +1 holder.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF buyer in Q2 2024 was Goldman Sachs, an estimated $50.3M added.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF seller in Q2 2024 was Traphagen Investment Advisors, an estimated $11.7M sold.
Based on aggregated 13F filings for Q2 2024.