Direxion Daily Magnificent 7 Bull 2X ETF
QQQU
7 hedge funds and large institutions have $2.82M invested in Direxion Daily Magnificent 7 Bull 2X ETF in 2024 Q2 according to their latest regulatory filings, with 5 funds opening new positions, increasing their positions, reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
133% more funds holding
Funds holding: 3 → 7 (+4)
82% more capital invested
Capital invested by funds: $1.55M → $2.82M (+$1.27M)
5.27% less ownership
Funds ownership: 32.56% → 27.29% (-5.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$430K |
| 2 |
Jane Street
New York
|
+$282K |
| 3 |
TSMHT
Thurston Springer Miller Herd & Titak
Indianapolis,
Indiana
|
+$32.2K |
| 4 |
WWS
Wellington Wealth Strategies
Indianapolis,
Indiana
|
+$13K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$545 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$227K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Bank of America
Charlotte,
North Carolina
| $857K | – | – | – |
|
2
Citigroup
New York
| $857K | – | – | – |
|
|
3
Goldman Sachs
New York
| $514K | +$430K | +15,000 | New |
|
|
4
Jane Street
New York
| $337K | +$282K | +9,825 | New |
|
|
WWS
5
Wellington Wealth Strategies
Indianapolis,
Indiana
| $216K | +$13K | +454 | New |
|
|
TSMHT
6
Thurston Springer Miller Herd & Titak
Indianapolis,
Indiana
| $38.5K | +$32.2K | +1,124 | New |
|
|
7
UBS Group
Zurich,
Switzerland
| $651 | +$545 | +19 | New |
|
|
8
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$227K | -8,616 | Closed |
|
QQQU Hedge Fund Activity: Q2 2024 in Review
7 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Magnificent 7 Bull 2X ETF (QQQU) for Q2 2024, worth a combined $2.82M — up 82% from $1.55M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new QQQU positions and 1 closed out — a net gain of 4 holders — while 0 added to existing stakes and 0 trimmed.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $430K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $227K sold.
- 7 institutional investors held Direxion Daily Magnificent 7 Bull 2X ETF (QQQU) as of Q2 2024, up from 3 in Q1 2024.
- Funds reported $2.82M of Direxion Daily Magnificent 7 Bull 2X ETF stock for Q2 2024, up 82% quarter-over-quarter.
- 5 funds opened new Direxion Daily Magnificent 7 Bull 2X ETF positions in Q2 2024 and 1 closed out, a net change of +4 holders.
- The largest Direxion Daily Magnificent 7 Bull 2X ETF buyer in Q2 2024 was Goldman Sachs, an estimated $430K added.
- The largest Direxion Daily Magnificent 7 Bull 2X ETF seller in Q2 2024 was Susquehanna International Group, an estimated $227K sold.
Based on aggregated 13F filings for Q2 2024.