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Direxion Daily Financial Bull 3x ETF
FAS

76 hedge funds and large institutions have $55.9M invested in Direxion Daily Financial Bull 3x ETF in 2022 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 15 increasing their positions, 17 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

24% more call options, than puts

Call options by funds: $282M | Put options by funds: $228M

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

0.54% less ownership

Funds ownership: 2.44% → 1.9% (-0.54%)

4% less funds holding

Funds holding: 79 → 76 (-3)

12% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 17

15% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 20

36% less capital invested

Capital invested by funds: $88M → $55.9M (-$32M)

Holders
76
Holders Change
-3
Holders Change %
-3.8%
% 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
17
Increased
15
Reduced
17
Closed
20
Calls
$282M
Puts
$228M
Net Calls
+$53.9M
Net Calls Change
-$44.7M

Top Buyers

Rank Fund Capital Flow
1
Jane Street
Jane Street
New York
+$4.7M
2
SCA
Snowden Capital Advisors
New York
+$4.54M
3
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$1.65M
4
IMC Chicago
IMC Chicago
Illinois
+$1.3M
5
UBS Group
UBS Group
Switzerland
+$1.1M

Top Sellers

Rank Fund Capital Flow
1
Wolverine Trading
Wolverine Trading
Illinois
-$11.3M
2
Citadel Advisors
Citadel Advisors
Florida
-$6.71M
3
HF
HRT Financial
New York
-$5.72M
4
DSCM
Del-Sette Capital Management
New York
-$3.28M
5
CS
Credit Suisse
Switzerland
-$2.39M
Name Holding Trade Value Shares
Change 		Change in
Stake
Janney Montgomery Scott
26
Janney Montgomery Scott
Pennsylvania
$417K -$15.1K -119 -3%
CW
27
Connectus Wealth
Ohio
$414K +$401K +3,170 New
SWA
28
Stratos Wealth Advisors
Ohio
$410K -$6.2K -49 -1%
SWP
29
Stratos Wealth Partners
Ohio
$365K +$9.61K +76 +3%
Commonwealth Equity Services
30
Commonwealth Equity Services
Massachusetts
$365K +$39.5K +312 +11%
GAM
31
Grandview Asset Management
Pennsylvania
$341K – – –
Qube Research & Technologies (QRT)
32
Qube Research & Technologies (QRT)
United Kingdom
$324K +$304K +2,400 +667%
Northern Trust
33
Northern Trust
Illinois
$323K – – –
LWAC
34
Laurel Wealth Advisors (California)
California
$302K -$308K -2,435 -49%
HIC
35
Hartline Investment Corp
Illinois
$279K +$323K +2,550 New
ISWM
36
Independent Solutions Wealth Management
New York
$275K – – –
RPCONE
37
Retirement Planning Company of New England
Rhode Island
$273K +$81.2K +642 +38%
FAM
38
Formidable Asset Management
Ohio
$271K – – –
RIA
39
Realta Investment Advisors
Delaware
$268K -$25.4K -201 -8%
Citigroup
40
Citigroup
New York
$250K +$41.7K +330 +18%
MAM
41
Morse Asset Management
Connecticut
$239K -$11.6K -92 -4%
DI
42
Diligent Investors
California
$235K +$253K +2,000 New
M&T Bank
43
M&T Bank
New York
$235K +$253K +2,000 New
Goldman Sachs
44
Goldman Sachs
New York
$229K +$247K +1,952 New
MYIA
45
Mount Yale Investment Advisors
Colorado
$221K – – –
C
46
Covestor
United Kingdom
$168K +$181K +1,429 New
JWA
47
JFS Wealth Advisors
Pennsylvania
$136K – – –
Parallax Volatility Advisers
48
Parallax Volatility Advisers
California
$134K +$144K +1,141 New
S
49
SignatureFD
Georgia
$119K -$1.9K -15 -1%
Osaic Holdings
50
Osaic Holdings
Arizona
$118K +$25.3K +200 +25%
1
2
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FAS Hedge Fund Activity: Q1 2022 in Review

76 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q1 2022, worth a combined $55.9M — down 36% from $88M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of FAS and 17 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 15 added.

The largest buyer was Jane Street, adding an estimated $4.7M. The largest seller was Wolverine Trading, exiting entirely with an estimated $11.3M sold.

  • 76 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q1 2022, down from 79 in Q4 2021.
  • Funds reported $55.9M of Direxion Daily Financial Bull 3x ETF stock for Q1 2022, down 36% quarter-over-quarter.
  • 17 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q1 2022 and 20 closed out, a net change of -3 holders.
  • The largest Direxion Daily Financial Bull 3x ETF buyer in Q1 2022 was Jane Street, an estimated $4.7M added.
  • The largest Direxion Daily Financial Bull 3x ETF seller in Q1 2022 was Wolverine Trading, an estimated $11.3M sold.

Based on aggregated 13F filings for Q1 2022.