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Direxion NASDAQ-100 Equal Weighted Index ETF

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, 62 increasing their positions, 80 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

81% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 16

7.19% more ownership

Funds ownership: 58.69%65.87% (+7.2%)

6% more funds holding

Funds holding: 204217 (+13)

4% more capital invested

Capital invested by funds: $725M → $754M (+$29.2M)

23% less repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 80

38% less funds holding in top 10

Funds holding in top 10: 85 (-3)

89% less call options, than puts

Call options by funds: $1.92M | Put options by funds: $18.2M

Holders
217
Holders Change
+13
Holders Change %
+6.37%
% of All Funds
3.12%
Holding in Top 10
5
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-37.5%
% of All Funds
0.07%
New
29
Increased
62
Reduced
80
Closed
16
Calls
$1.92M
Puts
$18.2M
Net Calls
-$16.3M
Net Calls Change
-$5.72M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
1
Goldman Sachs
New York
$105M -$29.8M -338,460 -23%
Ameriprise
2
Ameriprise
Minnesota
$60.2M +$52.4M +594,184 +810%
TIM
3
Total Investment Management
Arizona
$59.6M +$58.3M +661,083 New
Morgan Stanley
4
Morgan Stanley
New York
$56.9M +$15.5M +175,449 +39%
Bank of America
5
Bank of America
North Carolina
$49.4M +$21.1M +239,237 +77%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$37.3M +$2.76M +31,255 +8%
WA
7
Waddell & Associates
Tennessee
$33.8M +$1.06M +12,033 +3%
ESL
8
Endurance Services Ltd
New York
$31.3M
LPL Financial
9
LPL Financial
California
$23.3M -$315K -3,567 -1%
UBS Group
10
UBS Group
Switzerland
$21.4M -$16.1M -182,266 -43%
Envestnet Asset Management
11
Envestnet Asset Management
Illinois
$18M +$5.68M +64,451 +48%
FFG
12
Frisch Financial Group
New York
$17.1M +$714K +8,099 +4%
Wells Fargo
13
Wells Fargo
California
$15.2M +$14.9M +168,498 +108,012%
RCWMU
14
Rothschild & Co Wealth Management (UK)
United Kingdom
$13.7M -$943K -10,698 -7%
BNP Paribas Financial Markets
15
BNP Paribas Financial Markets
France
$13.5M +$13.2M +150,000 New
BMM
16
Berkshire Money Management
Massachusetts
$9.17M -$61.6M -698,966 -87%
HighTower Advisors
17
HighTower Advisors
Illinois
$8.77M -$6.39M -72,500 -43%
MAG
18
MRA Advisory Group
New Jersey
$8.03M -$1.46M -16,602 -16%
AIM
19
Astor Investment Management
Illinois
$7.03M +$6.87M +77,921 New
AC
20
Avestar Capital
New York
$6.33M -$134K -1,515 -2%
NFG
21
Nations Financial Group
Iowa
$5.67M +$257K +2,915 +5%
SCM
22
SOL Capital Management
Maryland
$5.26M +$18.1K +205 +0.4%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$5.25M +$79.2K +898 +2%
Creative Planning
24
Creative Planning
Kansas
$5.07M -$473K -5,366 -9%
CPL
25
CAP Partners LLC
Tennessee
$4.97M +$193K +2,193 +4%

QQQE Hedge Fund Activity: Q3 2024 in Review

217 of the 6,964 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 62 added to existing stakes and 80 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.