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Direxion Daily Financial Bull 3x ETF
FAS

77 hedge funds and large institutions have $74M invested in Direxion Daily Financial Bull 3x ETF in 2021 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 10 increasing their positions, 24 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

65% more call options, than puts

Call options by funds: $500M | Put options by funds: $302M

55% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 11

4% more funds holding

Funds holding: 74 → 77 (+3)

0.17% more ownership

Funds ownership: 2.28% → 2.45% (+0.17%)

3% less capital invested

Capital invested by funds: $76.2M → $74M (-$2.16M)

50% less funds holding in top 10

Funds holding in top 10: 2 → 1 (-1)

58% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 24

Holders
77
Holders Change
+3
Holders Change %
+4.05%
% of All Funds
1.35%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
17
Increased
10
Reduced
24
Closed
11
Calls
$500M
Puts
$302M
Net Calls
+$198M
Net Calls Change
+$39.9M

Top Buyers

1
TCM
Thames Capital Management
New Jersey
+$15.6M
2
Goldman Sachs
Goldman Sachs
New York
+$5.74M
3
Simplex Trading
Simplex Trading
Illinois
+$4.06M
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$2.55M
5
HIC
Hartline Investment Corp
Illinois
+$2M

Top Sellers

1
Citadel Advisors
Citadel Advisors
Florida
-$8.74M
2
Jane Street
Jane Street
New York
-$5.6M
3
CIBC Private Wealth Group
CIBC Private Wealth Group
Georgia
-$4.03M
4
HF
HRT Financial
New York
-$4.02M
5
XSC
X-Square Capital
Puerto Rico
-$3.31M
Name Holding Trade Value Shares
Change 		Change in
Stake
Qube Research & Technologies (QRT)
26
Qube Research & Technologies (QRT)
United Kingdom
$592K +$588K +5,118 New
UMC
27
United Maritime Capital
New York
$578K -$1.29M -11,200 -69%
LWAC
28
Laurel Wealth Advisors (California)
California
$578K – – –
1WA
29
180 Wealth Advisors
Washington
$541K +$460K +4,000 New
UBS Group
30
UBS Group
Switzerland
$487K -$121K -1,055 -20%
SWA
31
Stratos Wealth Advisors
Ohio
$427K +$425K +3,696 New
Janney Montgomery Scott
32
Janney Montgomery Scott
Pennsylvania
$423K – – –
NAM
33
NorthCoast Asset Management
Connecticut
$366K – – –
ISWM
34
Independent Solutions Wealth Management
New York
$336K – – –
GAM
35
Grandview Asset Management
Pennsylvania
$335K – – –
RIA
36
Realta Investment Advisors
Delaware
$333K -$1.06M -9,218 -76%
CC
37
Chicago Capital
Illinois
$333K -$496K -4,320 -60%
LAM
38
LifePro Asset Management
California
$330K +$328K +2,853 New
Northern Trust
39
Northern Trust
Illinois
$318K – – –
SG Americas Securities
40
SG Americas Securities
New York
$306K +$34.5K +300 +13%
Commonwealth Equity Services
41
Commonwealth Equity Services
Massachusetts
$292K -$498K -4,338 -63%
FAM
42
Formidable Asset Management
Ohio
$266K – – –
JIC
43
Johnson Investment Counsel
Ohio
$228K -$111K -963 -33%
LWM
44
Laidlaw Wealth Management
New York
$223K -$689 -6 -0.3%
Citigroup
45
Citigroup
New York
$208K – – –
NCM
46
Northwest Capital Management
Oregon
$200K +$156K +1,360 New
JWA
47
JFS Wealth Advisors
Pennsylvania
$134K +$133K +1,156 New
JP Morgan Chase
48
JP Morgan Chase
New York
$127K -$27.3K -238 -18%
S
49
SignatureFD
Georgia
$119K +$115 +1 +0.1%
Barclays
50
Barclays
United Kingdom
$112K +$111K +968 New
1
2
3 4

FAS Hedge Fund Activity: Q3 2021 in Review

77 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q3 2021, worth a combined $74M — down 2.8% from $76.2M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new FAS positions and 11 closed out — a net gain of 6 holders — while 10 added to existing stakes and 24 trimmed.

The largest buyer was Thames Capital Management, opening a new position worth an estimated $15.6M. The largest seller was Citadel Advisors, cutting an estimated $8.74M.

  • 77 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q3 2021, up from 74 in Q2 2021.
  • Funds reported $74M of Direxion Daily Financial Bull 3x ETF stock for Q3 2021, down 2.8% quarter-over-quarter.
  • 17 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q3 2021 and 11 closed out, a net change of +6 holders.
  • The largest Direxion Daily Financial Bull 3x ETF buyer in Q3 2021 was Thames Capital Management, an estimated $15.6M added.
  • The largest Direxion Daily Financial Bull 3x ETF seller in Q3 2021 was Citadel Advisors, an estimated $8.74M sold.

Based on aggregated 13F filings for Q3 2021.