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Direxion Daily Financial Bull 3x ETF
FAS

55 hedge funds and large institutions have $36M invested in Direxion Daily Financial Bull 3x ETF in 2022 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 15 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

64% more call options, than puts

Call options by funds: $71.5M | Put options by funds: $43.5M

0% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 15

0.48% less ownership

Funds ownership: 2.96% → 2.48% (-0.48%)

13% less funds holding

Funds holding: 63 → 55 (-8)

26% less capital invested

Capital invested by funds: $48.4M → $36M (-$12.3M)

62% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 13

Holders
55
Holders Change
-8
Holders Change %
-12.7%
% of All Funds
0.95%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
5
Increased
15
Reduced
15
Closed
13
Calls
$71.5M
Puts
$43.5M
Net Calls
+$28M
Net Calls Change
+$7.38M

Top Buyers

Rank Fund Capital Flow
1
Jane Street
Jane Street
New York
+$2.63M
2
VF
Virtu Financial
New York
+$1.21M
3
CS
Credit Suisse
Switzerland
+$858K
4
Citadel Advisors
Citadel Advisors
Florida
+$815K
5
Bank of America
Bank of America
North Carolina
+$625K

Top Sellers

Rank Fund Capital Flow
1
HF
HRT Financial
New York
-$9.21M
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$1.22M
3
XSC
X-Square Capital
Puerto Rico
-$746K
4
TRCT
Tower Research Capital (TRC)
New York
-$718K
5
SBIA
Sheaff Brock Investment Advisors
Indiana
-$638K
Name Holding Trade Value Shares
Change 		Change in
Stake
RC
26
Rovin Capital
Arizona
$211K +$10.2K +142 +4%
Osaic Holdings
27
Osaic Holdings
Arizona
$71K – – –
JWA
28
JFS Wealth Advisors
Pennsylvania
$63K – – –
TFA
29
Toth Financial Advisory
Virginia
$63K +$17.2K +240 +26%
S
30
SignatureFD
Georgia
$55K +$72 +1 +0.1%
UBS Group
31
UBS Group
Switzerland
$46K -$102K -1,418 -63%
CTC
32
Central Trust Company
Missouri
$46K – – –
LC
33
Lindbrook Capital
California
$43K +$57.5K +800 New
EIP
34
Ellis Investment Partners
Pennsylvania
$37K +$2.23K +31 +5%
IA
35
IFP Advisors
Florida
$37K +$39.5K +550 +98%
BCV
36
Banque Cantonale Vaudoise
Switzerland
$27K -$359K -4,997 -91%
BTI
37
Blue Trust Inc
Georgia
$20K – – –
GI
38
Gradient Investments
Minnesota
$14K – – –
PNC Financial Services Group
39
PNC Financial Services Group
Pennsylvania
$13K -$1.29K -18 -7%
BCMLT
40
Beacon Capital Management LLC (Tennessee)
Tennessee
$12K – – –
OPW
41
Oxler Private Wealth
New York
$10.9K – – –
Zurich Cantonal Bank
42
Zurich Cantonal Bank
Switzerland
$10K – – –
SWM
43
Sugarloaf Wealth Management
Georgia
$10K +$72 +1 +0.6%
AWM
44
Activest Wealth Management
Florida
$8K +$10.8K +151 New
FDCDDQ
45
Federation des caisses Desjardins du Quebec
Quebec, Canada
$6.78K +$7.18K +100 +400%
Barclays
46
Barclays
United Kingdom
$5K -$45.8K -638 -87%
Royal Bank of Canada
47
Royal Bank of Canada
Ontario, Canada
$5K – – –
KFS
48
Kelly Financial Services
Massachusetts
$4.03K – – –
CHA
49
Carmichael Hill & Associates
Maryland
$4K – – –
APA
50
American Portfolios Advisors
New York
$1.84K – – –
1
2
3

FAS Hedge Fund Activity: Q3 2022 in Review

55 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q3 2022, worth a combined $36M — down 26% from $48.4M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of FAS and 5 opened new positions — a net loss of 8 holders — while 15 trimmed existing stakes and 15 added.

The largest buyer was Jane Street, adding an estimated $2.63M. The largest seller was HRT Financial, cutting an estimated $9.21M.

  • 55 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q3 2022, down from 63 in Q2 2022.
  • Funds reported $36M of Direxion Daily Financial Bull 3x ETF stock for Q3 2022, down 26% quarter-over-quarter.
  • 5 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q3 2022 and 13 closed out, a net change of -8 holders.
  • The largest Direxion Daily Financial Bull 3x ETF buyer in Q3 2022 was Jane Street, an estimated $2.63M added.
  • The largest Direxion Daily Financial Bull 3x ETF seller in Q3 2022 was HRT Financial, an estimated $9.21M sold.

Based on aggregated 13F filings for Q3 2022.