We are live on ! Find out more
FAS icon

Direxion Daily Financial Bull 3x ETF

74 hedge funds and large institutions have $76.2M invested in Direxion Daily Financial Bull 3x ETF in 2021 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 16 increasing their positions, 20 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

55% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 11

54% more call options, than puts

Call options by funds: $452M | Put options by funds: $294M

9% more funds holding

Funds holding: 6874 (+6)

9% more capital invested

Capital invested by funds: $70.1M → $76.2M (+$6.05M)

0.19% less ownership

Funds ownership: 2.46%2.28% (-0.19%)

20% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 20

Holders
74
Holders Change
+6
Holders Change %
+8.82%
% of All Funds
1.29%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
17
Increased
16
Reduced
20
Closed
11
Calls
$452M
Puts
$294M
Net Calls
+$158M
Net Calls Change
+$96.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Commonwealth Equity Services
26
Commonwealth Equity Services
Massachusetts
$750K +$69.5K +630 +10%
MSFP
27
Mark Sheptoff Financial Planning
Connecticut
$656K
LPL Financial
28
LPL Financial
California
$647K -$895K -8,112 -58%
RIA
29
Regal Investment Advisors
Michigan
$644K +$650K +5,891 New
UBS Group
30
UBS Group
Switzerland
$575K +$62.3K +565 +12%
LWAC
31
Laurel Wealth Advisors (California)
California
$547K -$27.6K -250 -5%
BAIA
32
Bel Air Investment Advisors
California
$547K +$551K +5,000 New
Janney Montgomery Scott
33
Janney Montgomery Scott
Pennsylvania
$400K
Truist Financial
34
Truist Financial
North Carolina
$349K
NAM
35
NorthCoast Asset Management
Connecticut
$346K -$261K -2,367 -43%
JIC
36
Johnson Investment Counsel
Ohio
$321K +$5.73K +52 +2%
ISWM
37
Independent Solutions Wealth Management
New York
$318K
GAM
38
Grandview Asset Management
Pennsylvania
$317K
Northern Trust
39
Northern Trust
Illinois
$301K
HIC
40
Hartline Investment Corp
Illinois
$279K +$281K +2,550 New
SG Americas Securities
41
SG Americas Securities
New York
$257K -$893K -8,100 -78%
FAM
42
Formidable Asset Management
Ohio
$238K
Carson Wealth (CWM LLC)
43
Carson Wealth (CWM LLC)
Nebraska
$219K
LWM
44
Laidlaw Wealth Management
New York
$212K +$214K +1,938 New
CAI
45
Capital Advisors Inc
Oklahoma
$208K +$209K +1,899 New
Citigroup
46
Citigroup
New York
$197K
SWM
47
Spire Wealth Management
Virginia
$154K +$44.7K +405 +41%
JP Morgan Chase
48
JP Morgan Chase
New York
$146K +$30.9K +280 +26%
Osaic Holdings
49
Osaic Holdings
Arizona
$114K +$1.65K +15 +1%
S
50
SignatureFD
Georgia
$112K +$71.3K +647 +170%

FAS Hedge Fund Activity: Q2 2021 in Review

74 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q2 2021, worth a combined $76.2M — up 8.6% from $70.1M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new FAS positions and 11 closed out — a net gain of 6 holders — while 16 added to existing stakes and 20 trimmed.

The largest buyer was Citadel Advisors, adding an estimated $4.55M. The largest seller was HRT Financial, cutting an estimated $10M.

  • 74 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q2 2021, up from 68 in Q1 2021.
  • Funds reported $76.2M of Direxion Daily Financial Bull 3x ETF stock for Q2 2021, up 8.6% quarter-over-quarter.
  • 17 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q2 2021 and 11 closed out, a net change of +6 holders.
  • The largest Direxion Daily Financial Bull 3x ETF buyer in Q2 2021 was Citadel Advisors, an estimated $4.55M added.
  • The largest Direxion Daily Financial Bull 3x ETF seller in Q2 2021 was HRT Financial, an estimated $10M sold.

Based on aggregated 13F filings for Q2 2021.