Empirical Wealth Management’s Direxion Daily Financial Bear 3x ETF FAZ Stock Holding History

Empirical Wealth Management’s Portfolio FAZ Stock Details FAZ Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-1,000	Closed	-$43.9K	–	817
2025 Q2	$43.9K	Buy	+1,000	New	+$53.6K	﹤0.01%	682
2024 Q2	–	Sell	-1,000	Closed	-$98.1K	–	570
2024 Q1	$98.1K	Hold	1,000	–	–	﹤0.01%	522
2023 Q4	$137K	Buy	+1,000	New	+$180K	﹤0.01%	484

Other funds holding FAZ

Citadel Advisors Miami, Florida $618B AUM 30.34% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

TRCT

Tower Research Capital (TRC) New York $3.85B AUM 32.11% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $893B AUM 36.07% 1-Year Est. Return

Simplex Trading Chicago, Illinois $149B AUM 62.07% 1-Year Est. Return

Jane Street New York $777B AUM 61.18% 1-Year Est. Return

Group One Trading Chicago, Illinois $52.2B AUM 104.56% 1-Year Est. Return

SBI Securities Tokyo, Japan $4.4B AUM 74.25% 1-Year Est. Return

JWA

JFS Wealth Advisors Hermitage, Pennsylvania $2.01B AUM 21.74% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Empirical Wealth Management's FAZ Position: Q3 2025 in Review

Empirical Wealth Management sold out of Direxion Daily Financial Bear 3x ETF (FAZ) in Q3 2025, closing a stake of 1,000 shares — an estimated $43.9K sold.

Empirical Wealth Management first reported a position in FAZ in Q4 2023 and held it in 3 quarters. The position peaked at $137K in Q4 2023. 16 funds tracked by Wall St. Rank hold FAZ as of Q3 2025.

Empirical Wealth Management reported no remaining Direxion Daily Financial Bear 3x ETF position as of Q3 2025 after selling out during the quarter.
Empirical Wealth Management sold 1,000 Direxion Daily Financial Bear 3x ETF shares in Q3 2025, an estimated $43.9K.
Empirical Wealth Management first reported a position in Direxion Daily Financial Bear 3x ETF in Q4 2023 and held it in 3 quarters.
Empirical Wealth Management's Direxion Daily Financial Bear 3x ETF position peaked at $137K in Q4 2023.
16 funds tracked by Wall St. Rank held Direxion Daily Financial Bear 3x ETF as of Q3 2025.

Based on Empirical Wealth Management's 13F filing for Q3 2025, filed 10 Nov 2025.