Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
217 hedge funds and large institutions have $754M invested in Direxion NASDAQ-100 Equal Weighted Index ETF in 2024 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 61 increasing their positions, 81 reducing their positions, and 16 closing their positions.
81% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 16
6% more funds holding
Funds holding: 204 → 217 (+13)
4.88% more ownership
Funds ownership: 58.69% → 63.56% (+4.9%)
4% more capital invested
Capital invested by funds: $725M → $754M (+$29M)
25% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 81
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
89% less call options, than puts
Call options by funds: $1.92M | Put options by funds: $18.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Total Investment Management
Scottsdale,
Arizona
|
+$58.3M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$52.4M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$21.1M |
| 4 |
Morgan Stanley
New York
|
+$15.5M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$14.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BMM
Berkshire Money Management
Dalton,
Massachusetts
|
-$61.6M |
| 2 |
Goldman Sachs
New York
|
-$29.8M |
| 3 |
TIA
Traphagen Investment Advisors
Oradell,
New Jersey
|
-$26.3M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$16.1M |
| 5 |
CFG
Carr Financial Group
Worcester,
Massachusetts
|
-$8.96M |
QQQE Hedge Fund Activity: Q3 2024 in Review
217 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) for Q3 2024, worth a combined $754M — up 4% from $725M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new QQQE positions and 16 closed out — a net gain of 13 holders — while 61 added to existing stakes and 81 trimmed.
The largest buyer was Total Investment Management, opening a new position worth an estimated $58.3M. The largest seller was Berkshire Money Management, cutting an estimated $61.6M.
- 217 institutional investors held Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) as of Q3 2024, up from 204 in Q2 2024.
- Funds reported $754M of Direxion NASDAQ-100 Equal Weighted Index ETF stock for Q3 2024, up 4% quarter-over-quarter.
- 29 funds opened new Direxion NASDAQ-100 Equal Weighted Index ETF positions in Q3 2024 and 16 closed out, a net change of +13 holders.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF buyer in Q3 2024 was Total Investment Management, an estimated $58.3M added.
- The largest Direxion NASDAQ-100 Equal Weighted Index ETF seller in Q3 2024 was Berkshire Money Management, an estimated $61.6M sold.
Based on aggregated 13F filings for Q3 2024.