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Direxion NASDAQ-100 Equal Weighted Index ETF

228 hedge funds and large institutions have $818M invested in Direxion NASDAQ-100 Equal Weighted Index ETF in 2024 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 75 increasing their positions, 78 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

84% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 19

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

8% more capital invested

Capital invested by funds: $754M → $818M (+$63.8M)

5% more funds holding

Funds holding: 217228 (+11)

4% less repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 78

1.52% less ownership

Funds ownership: 65.87%64.36% (-1.5%)

63% less call options, than puts

Call options by funds: $6.7M | Put options by funds: $18.3M

Holders
228
Holders Change
+11
Holders Change %
+5.07%
% of All Funds
3%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.08%
New
35
Increased
75
Reduced
78
Closed
19
Calls
$6.7M
Puts
$18.3M
Net Calls
-$11.6M
Net Calls Change
+$4.68M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$81.3M +$33M +357,895 +65%
Goldman Sachs
2
Goldman Sachs
New York
$72.1M -$33M -358,267 -31%
TIM
3
Total Investment Management
Arizona
$61.5M +$2.21M +24,002 +4%
Ameriprise
4
Ameriprise
Minnesota
$55.8M -$4.23M -45,839 -7%
Morgan Stanley
5
Morgan Stanley
New York
$40.5M -$16.6M -180,172 -29%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$37.9M +$793K +8,600 +2%
PIMJS
7
PKO Investment Management Joint-Stock
Poland
$37.7M +$38.7M +420,000 New
WA
8
Waddell & Associates
Tennessee
$34.4M +$788K +8,548 +2%
ESL
9
Endurance Services Ltd
New York
$31.2M
LPL Financial
10
LPL Financial
California
$23.6M +$469K +5,090 +2%
UBS Group
11
UBS Group
Switzerland
$22.7M +$1.41M +15,301 +6%
IFG
12
Independent Financial Group
California
$19.6M +$20.1M +218,127 New
BNP Paribas Financial Markets
13
BNP Paribas Financial Markets
France
$18M +$4.61M +50,000 +33%
Envestnet Asset Management
14
Envestnet Asset Management
Illinois
$17.5M -$389K -4,213 -2%
FFG
15
Frisch Financial Group
New York
$15.6M -$1.42M -15,418 -8%
PAMP
16
Polar Asset Management Partners
Ontario, Canada
$14.9M +$15.3M +166,400 New
Wells Fargo
17
Wells Fargo
California
$14.8M -$388K -4,206 -2%
RCWMU
18
Rothschild & Co Wealth Management (UK)
United Kingdom
$9.81M -$3.89M -42,160 -28%
Raymond James Financial
19
Raymond James Financial
Florida
$9.26M +$9.52M +103,167 New
BMM
20
Berkshire Money Management
Massachusetts
$9.07M -$63.5K -688 -0.7%
MAG
21
MRA Advisory Group
New Jersey
$8.29M +$310K +3,358 +4%
HighTower Advisors
22
HighTower Advisors
Illinois
$8.11M -$628K -6,806 -7%
AIM
23
Astor Investment Management
Illinois
$6.6M -$410K -4,446 -6%
AC
24
Avestar Capital
New York
$6.59M +$300K +3,252 +5%
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$5.34M +$112K +1,219 +2%

QQQE Hedge Fund Activity: Q4 2024 in Review

228 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) for Q4 2024, worth a combined $818M — up 8.5% from $754M a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new QQQE positions and 19 closed out — a net gain of 16 holders — while 75 added to existing stakes and 78 trimmed.

The largest buyer was PKO Investment Management Joint-Stock, opening a new position worth an estimated $38.7M. The largest seller was Goldman Sachs, cutting an estimated $33M.

  • 228 institutional investors held Direxion NASDAQ-100 Equal Weighted Index ETF (QQQE) as of Q4 2024, up from 217 in Q3 2024.
  • Funds reported $818M of Direxion NASDAQ-100 Equal Weighted Index ETF stock for Q4 2024, up 8.5% quarter-over-quarter.
  • 35 funds opened new Direxion NASDAQ-100 Equal Weighted Index ETF positions in Q4 2024 and 19 closed out, a net change of +16 holders.
  • The largest Direxion NASDAQ-100 Equal Weighted Index ETF buyer in Q4 2024 was PKO Investment Management Joint-Stock, an estimated $38.7M added.
  • The largest Direxion NASDAQ-100 Equal Weighted Index ETF seller in Q4 2024 was Goldman Sachs, an estimated $33M sold.

Based on aggregated 13F filings for Q4 2024.