Direxion Daily Magnificent 7 Bull 2X ETF
QQQU
3 hedge funds and large institutions have $1.55M invested in Direxion Daily Magnificent 7 Bull 2X ETF in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, increasing their positions, reducing their positions, and closing their positions.
32.56% more ownership
Funds ownership: 0% → 32.56% (+33%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$656K |
| 2 |
Citigroup
New York
|
+$656K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$226K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Bank of America
Charlotte,
North Carolina
| $660K | +$656K | +25,000 | New |
|
|
2
Citigroup
New York
| $660K | +$656K | +25,000 | New |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $227K | +$226K | +8,616 | New |
|
QQQU Hedge Fund Activity: Q1 2024 in Review
3 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Magnificent 7 Bull 2X ETF (QQQU) for Q1 2024, worth a combined $1.55M.
Buyers outnumbered sellers: 3 funds opened new QQQU positions and 0 closed out — a net gain of 3 holders — while 0 added to existing stakes and 0 trimmed.
The largest buyer was Bank of America, opening a new position worth an estimated $656K.
- 3 institutional investors held Direxion Daily Magnificent 7 Bull 2X ETF (QQQU) as of Q1 2024, up from 0 in Q4 2023.
- Funds reported $1.55M of Direxion Daily Magnificent 7 Bull 2X ETF stock for Q1 2024.
- 3 funds opened new Direxion Daily Magnificent 7 Bull 2X ETF positions in Q1 2024 and 0 closed out, a net change of +3 holders.
- The largest Direxion Daily Magnificent 7 Bull 2X ETF buyer in Q1 2024 was Bank of America, an estimated $656K added.
Based on aggregated 13F filings for Q1 2024.