We are live on ! Find out more
FAS icon

Direxion Daily Financial Bull 3x ETF
FAS

52 hedge funds and large institutions have $67M invested in Direxion Daily Financial Bull 3x ETF in 2018 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 11 increasing their positions, 14 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 1 → 3 (+2)

6% more capital invested

Capital invested by funds: $63.3M → $67M (+$3.69M)

1.67% more ownership

Funds ownership: 3.67% → 5.35% (+1.7%)

2% more call options, than puts

Call options by funds: $69.4M | Put options by funds: $68.3M

12% less funds holding

Funds holding: 59 → 52 (-7)

21% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 14

30% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 20

Holders
52
Holders Change
-7
Holders Change %
-11.86%
% of All Funds
1.16%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.07%
New
14
Increased
11
Reduced
14
Closed
20
Calls
$69.4M
Puts
$68.3M
Net Calls
+$1.08M
Net Calls Change
+$60.2M

Top Buyers

1
Citadel Advisors
Citadel Advisors
Florida
+$9.85M
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$6.66M
3
TRCT
Tower Research Capital (TRC)
New York
+$6.18M
4
HJMC
Hellman Jordan Management Company
Massachusetts
+$5.76M
5
Simplex Trading
Simplex Trading
Illinois
+$3.78M

Top Sellers

1
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$3.25M
2
EWA
Exencial Wealth Advisors
Oklahoma
-$2.65M
3
Morgan Stanley
Morgan Stanley
New York
-$1.16M
4
CG
Cutler Group
California
-$673K
5
FIM
Freedom Investment Management
Connecticut
-$617K
Name Holding Trade Value Shares
Change 		Change in
Stake
VF
26
Virtu Financial
New York
$210K +$270K +4,694 New
LTFS
27
Ladenburg Thalmann Financial Services
Florida
$190K -$18.8K -327 -7%
CTC
28
Central Trust Company
Missouri
$159K – – –
OIA
29
OneDigital Investment Advisors
Kansas
$141K -$14.8K -257 -8%
BAM
30
Bruderman Asset Management
New York
$125K +$161K +2,800 New
BCM
31
Brasada Capital Management
Texas
$90K +$57.6K +1,000 +100%
Fifth Third Bancorp
32
Fifth Third Bancorp
Ohio
$73K – – –
PCG
33
Private Capital Group
Connecticut
$61K – – –
AG
34
Advisor Group
Arizona
$57K -$2.59K -45 -3%
Morgan Stanley
35
Morgan Stanley
New York
$54K -$1.16M -20,161 -94%
FIA
36
FNY Investment Advisers
New York
$49K +$63.3K +1,100 New
OTC
37
Opera Trading Capital
France
$37K – – –
UBS Group
38
UBS Group
Switzerland
$33K +$43K +747 New
S
39
SignatureFD
Georgia
$19K +$58 +1 +0.2%
IA
40
IFP Advisors
Florida
$14K +$10.1K +176 +122%
Royal Bank of Canada
41
Royal Bank of Canada
Ontario, Canada
$11K – – –
BWM
42
Baystate Wealth Management
Massachusetts
$10K -$29.3K -509 -74%
JP Morgan Chase
43
JP Morgan Chase
New York
$10K +$13K +226 New
William Blair & Company
44
William Blair & Company
Illinois
$7K +$8.63K +150 New
AIC
45
Ameritas Investment Company
Nebraska
$3K +$3.51K +61 New
RCAG
46
Rehmann Capital Advisory Group
Michigan
$2.24K – – –
JA
47
JOYN Advisors
Georgia
$2K – – –
APA
48
American Portfolios Advisors
New York
$1.52K -$28.8K -500 -94%
NSIM
49
North Star Investment Management
Illinois
$1K – – –
CG
50
Cutler Group
California
– -$673K -11,691 Closed
1
2
3

FAS Hedge Fund Activity: Q4 2018 in Review

52 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q4 2018, worth a combined $67M — up 5.8% from $63.3M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of FAS and 14 opened new positions — a net loss of 6 holders — while 14 trimmed existing stakes and 11 added.

The largest buyer was Citadel Advisors, adding an estimated $9.85M. The largest seller was Envestnet Asset Management, cutting an estimated $3.25M.

  • 52 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q4 2018, down from 59 in Q3 2018.
  • Funds reported $67M of Direxion Daily Financial Bull 3x ETF stock for Q4 2018, up 5.8% quarter-over-quarter.
  • 14 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q4 2018 and 20 closed out, a net change of -6 holders.
  • The largest Direxion Daily Financial Bull 3x ETF buyer in Q4 2018 was Citadel Advisors, an estimated $9.85M added.
  • The largest Direxion Daily Financial Bull 3x ETF seller in Q4 2018 was Envestnet Asset Management, an estimated $3.25M sold.

Based on aggregated 13F filings for Q4 2018.