We are live on ! Find out more
FAS icon

Direxion Daily Financial Bull 3x ETF
FAS

68 hedge funds and large institutions have $99.5M invested in Direxion Daily Financial Bull 3x ETF in 2020 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 10 increasing their positions, 18 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more capital invested

Capital invested by funds: $55.3M → $99.5M (+$44.3M)

67% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 9

57% more call options, than puts

Call options by funds: $302M | Put options by funds: $192M

6% more funds holding

Funds holding: 64 → 68 (+4)

0.61% more ownership

Funds ownership: 3.89% → 4.51% (+0.61%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

44% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 18

Holders
68
Holders Change
+4
Holders Change %
+6.25%
% of All Funds
1.2%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
15
Increased
10
Reduced
18
Closed
9
Calls
$302M
Puts
$192M
Net Calls
+$110M
Net Calls Change
+$77.6M

Top Buyers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$8.29M
2
Wolverine Trading
Wolverine Trading
Illinois
+$5.13M
3
CS
Credit Suisse
Switzerland
+$2.58M
4
Citadel Advisors
Citadel Advisors
Florida
+$2.43M
5
VF
Virtu Financial
New York
+$2.33M

Top Sellers

Rank Fund Capital Flow
1
HJMC
Hellman Jordan Management Company
Massachusetts
-$6.83M
2
TRCT
Tower Research Capital (TRC)
New York
-$3.61M
3
Citigroup
Citigroup
New York
-$2.82M
4
HF
HRT Financial
New York
-$2.47M
5
Simplex Trading
Simplex Trading
Illinois
-$2.06M
Name Holding Trade Value Shares
Change 		Change in
Stake
SV
26
Stilwell Value
New York
$608K – – –
QC
27
QCM Cayman
Texas
$451K +$33.7K +722 +11%
Commonwealth Equity Services
28
Commonwealth Equity Services
Massachusetts
$445K +$342K +7,330 New
CC
29
Chicago Capital
Illinois
$438K – – –
HighTower Advisors
30
HighTower Advisors
Illinois
$378K +$290K +6,210 New
MSFP
31
Mark Sheptoff Financial Planning
Connecticut
$365K – – –
Goldman Sachs
32
Goldman Sachs
New York
$348K +$267K +5,719 New
LWAC
33
Laurel Wealth Advisors (California)
California
$343K -$63.6K -1,364 -19%
NAM
34
NorthCoast Asset Management
Connecticut
$337K – – –
LPL Financial
35
LPL Financial
California
$304K +$233K +5,000 New
CTC
36
Central Trust Company
Missouri
$294K +$15.7K +337 +7%
Morgan Stanley
37
Morgan Stanley
New York
$291K +$223K +4,786 New
DI
38
Diligent Investors
California
$286K +$219K +4,700 New
Creative Planning
39
Creative Planning
Kansas
$260K -$354K -7,602 -64%
UBS Group
40
UBS Group
Switzerland
$249K -$52.6K -1,129 -22%
SSA
41
Schonfeld Strategic Advisors
New York
$231K +$177K +3,800 New
Janney Montgomery Scott
42
Janney Montgomery Scott
Pennsylvania
$223K +$171K +3,663 New
Carson Wealth (CWM LLC)
43
Carson Wealth (CWM LLC)
Nebraska
$219K – – –
JP Morgan Chase
44
JP Morgan Chase
New York
$191K -$80.1K -1,719 -35%
Deutsche Bank
45
Deutsche Bank
Germany
$146K +$112K +2,405 New
S
46
SignatureFD
Georgia
$70K – – –
SIM
47
Seaview Investment Managers
Florida
$66K -$47 -1 -0.1%
Osaic Holdings
48
Osaic Holdings
Arizona
$62K -$47 -1 -0.1%
EIP
49
Ellis Investment Partners
Pennsylvania
$60K -$10.2K -219 -18%
TPWA
50
TRUE Private Wealth Advisors
Oregon
$43K -$392K -8,408 -92%
1
2
3 4

FAS Hedge Fund Activity: Q4 2020 in Review

68 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q4 2020, worth a combined $99.5M — up 80% from $55.3M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new FAS positions and 9 closed out — a net gain of 6 holders — while 10 added to existing stakes and 18 trimmed.

The largest buyer was Susquehanna International Group, adding an estimated $8.29M. The largest seller was Hellman Jordan Management Company, cutting an estimated $6.83M.

  • 68 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q4 2020, up from 64 in Q3 2020.
  • Funds reported $99.5M of Direxion Daily Financial Bull 3x ETF stock for Q4 2020, up 80% quarter-over-quarter.
  • 15 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q4 2020 and 9 closed out, a net change of +6 holders.
  • The largest Direxion Daily Financial Bull 3x ETF buyer in Q4 2020 was Susquehanna International Group, an estimated $8.29M added.
  • The largest Direxion Daily Financial Bull 3x ETF seller in Q4 2020 was Hellman Jordan Management Company, an estimated $6.83M sold.

Based on aggregated 13F filings for Q4 2020.