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Direxion Daily Financial Bull 3x ETF
FAS

57 hedge funds and large institutions have $78M invested in Direxion Daily Financial Bull 3x ETF in 2019 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 9 increasing their positions, 19 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 8

67% more call options, than puts

Call options by funds: $86M | Put options by funds: $51.4M

16% more capital invested

Capital invested by funds: $67M → $78M (+$11M)

10% more funds holding

Funds holding: 52 → 57 (+5)

0.08% more ownership

Funds ownership: 5.35% → 5.42% (+0.08%)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

53% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 19

Holders
57
Holders Change
+5
Holders Change %
+9.62%
% of All Funds
1.23%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.06%
New
14
Increased
9
Reduced
19
Closed
8
Calls
$86M
Puts
$51.4M
Net Calls
+$34.6M
Net Calls Change
+$33.5M

Top Buyers

1
Citadel Advisors
Citadel Advisors
Florida
+$1.48M
2
TSS
Two Sigma Securities
New York
+$690K
3
Deutsche Bank
Deutsche Bank
Germany
+$589K
4
SBIA
Sheaff Brock Investment Advisors
Indiana
+$585K
5
HIS
Harvest Investment Services
Illinois
+$414K

Top Sellers

1
Simplex Trading
Simplex Trading
Illinois
-$3.59M
2
TRCT
Tower Research Capital (TRC)
New York
-$3.11M
3
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$2.97M
4
CS
Credit Suisse
Switzerland
-$2.24M
5
Barclays
Barclays
United Kingdom
-$1.89M
Name Holding Trade Value Shares
Change 		Change in
Stake
Morgan Stanley
26
Morgan Stanley
New York
$316K +$227K +3,904 +325%
XS
27
XR Securities
Illinois
$259K +$244K +4,183 New
Simplex Trading
28
Simplex Trading
Illinois
$246K -$3.59M -61,677 -94%
JIC
29
Johnson Investment Counsel
Ohio
$236K +$223K +3,830 New
LTFS
30
Ladenburg Thalmann Financial Services
Florida
$231K -$28.6K -491 -12%
Jane Street
31
Jane Street
New York
$227K -$799K -13,721 -79%
Janney Montgomery Scott
32
Janney Montgomery Scott
Pennsylvania
$227K +$213K +3,663 New
CTC
33
Central Trust Company
Missouri
$220K – – –
Carson Wealth (CWM LLC)
34
Carson Wealth (CWM LLC)
Nebraska
$219K +$117K +2,005 New
Commonwealth Equity Services
35
Commonwealth Equity Services
Massachusetts
$211K +$199K +3,417 New
BAM
36
Bruderman Asset Management
New York
$173K – – –
OIA
37
OneDigital Investment Advisors
Kansas
$128K -$63.3K -1,087 -35%
Fifth Third Bancorp
38
Fifth Third Bancorp
Ohio
$101K – – –
PCG
39
Private Capital Group
Connecticut
$84K – – –
AG
40
Advisor Group
Arizona
$68K -$10.9K -188 -15%
CICI
41
Capital Investment Counsel Inc
North Carolina
$62K +$58.2K +1,000 New
Barclays
42
Barclays
United Kingdom
$54K -$1.89M -32,500 -97%
UBS Group
43
UBS Group
Switzerland
$46K +$233 +4 +0.5%
IP
44
Intellectus Partners
California
$45K +$41.9K +720 New
S
45
SignatureFD
Georgia
$26K +$58 +1 +0.2%
DWM
46
Destination Wealth Management
California
$18K +$16.9K +290 New
Royal Bank of Canada
47
Royal Bank of Canada
Ontario, Canada
$12K -$2.91K -50 -20%
JP Morgan Chase
48
JP Morgan Chase
New York
$10K -$4.08K -70 -31%
William Blair & Company
49
William Blair & Company
Illinois
$9K – – –
KFS
50
Kelly Financial Services
Massachusetts
$6.29K +$5.94K +102 New
1
2
3

FAS Hedge Fund Activity: Q1 2019 in Review

57 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q1 2019, worth a combined $78M — up 16% from $67M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new FAS positions and 8 closed out — a net gain of 6 holders — while 9 added to existing stakes and 19 trimmed.

The largest buyer was Citadel Advisors, adding an estimated $1.48M. The largest seller was Simplex Trading, cutting an estimated $3.59M.

  • 57 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q1 2019, up from 52 in Q4 2018.
  • Funds reported $78M of Direxion Daily Financial Bull 3x ETF stock for Q1 2019, up 16% quarter-over-quarter.
  • 14 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q1 2019 and 8 closed out, a net change of +6 holders.
  • The largest Direxion Daily Financial Bull 3x ETF buyer in Q1 2019 was Citadel Advisors, an estimated $1.48M added.
  • The largest Direxion Daily Financial Bull 3x ETF seller in Q1 2019 was Simplex Trading, an estimated $3.59M sold.

Based on aggregated 13F filings for Q1 2019.