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Direxion Daily Financial Bull 3x ETF
FAS

72 hedge funds and large institutions have $55.2M invested in Direxion Daily Financial Bull 3x ETF in 2022 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 11 increasing their positions, 14 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

257% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 7

53% more capital invested

Capital invested by funds: $36M → $55.2M (+$19.2M)

46% more call options, than puts

Call options by funds: $89.5M | Put options by funds: $61.4M

31% more funds holding

Funds holding: 55 → 72 (+17)

0.68% more ownership

Funds ownership: 2.48% → 3.16% (+0.68%)

21% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 14

Holders
72
Holders Change
+17
Holders Change %
+30.91%
% of All Funds
1.16%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
25
Increased
11
Reduced
14
Closed
7
Calls
$89.5M
Puts
$61.4M
Net Calls
+$28.1M
Net Calls Change
+$71K

Top Buyers

1
HCM
Hodges Capital Management
Texas
+$4.36M
2
SCA
Snowden Capital Advisors
New York
+$3.63M
3
TRCT
Tower Research Capital (TRC)
New York
+$3.02M
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$1.51M
5
Bank of Nova Scotia
Bank of Nova Scotia
Ontario, Canada
+$1.45M

Top Sellers

1
CS
Credit Suisse
Switzerland
-$4.46M
2
Jane Street
Jane Street
New York
-$2.8M
3
Bank of America
Bank of America
North Carolina
-$1.5M
4
AWM
Apollon Wealth Management
South Carolina
-$1.09M
5
SAM
SP Asset Management
California
-$572K
Name Holding Trade Value Shares
Change 		Change in
Stake
C
26
Covestor
United Kingdom
$290K +$287K +3,945 New
RC
27
Rovin Capital
Arizona
$278K -$7.78K -107 -3%
UCFA
28
United Capital Financial Advisors
Texas
$266K -$165K -2,273 -39%
HWM
29
Horizon Wealth Management
Illinois
$266K +$263K +3,613 New
Janney Montgomery Scott
30
Janney Montgomery Scott
Pennsylvania
$261K +$258K +3,544 New
SWA
31
Stratos Wealth Advisors
Ohio
$259K +$256K +3,522 New
RPCONE
32
Retirement Planning Company of New England
Rhode Island
$233K +$230K +3,166 New
BZWA
33
Blue Zone Wealth Advisors
California
$208K +$206K +2,834 New
Northern Trust
34
Northern Trust
Illinois
$202K +$200K +2,750 New
M&T Bank
35
M&T Bank
New York
$201K +$199K +2,737 New
Citigroup
36
Citigroup
New York
$140K -$218K -3,000 -61%
UBS Group
37
UBS Group
Switzerland
$127K +$63.9K +880 +104%
Morgan Stanley
38
Morgan Stanley
New York
$92.9K -$257K -3,539 -74%
TFA
39
Toth Financial Advisory
Virginia
$85.3K -$363 -5 -0.4%
JWA
40
JFS Wealth Advisors
Pennsylvania
$85K – – –
HT
41
Headlands Technologies
Illinois
$75K +$74.4K +1,024 New
S
42
SignatureFD
Georgia
$74.7K – – –
CTC
43
Central Trust Company
Missouri
$62.7K – – –
IA
44
IFP Advisors
Florida
$60K +$47.8K +658 +59%
LC
45
Lindbrook Capital
California
$58.8K – – –
MFT
46
Moisand Fitzgerald Tamayo
Florida
$58.8K +$58.1K +800 New
LFG
47
Larson Financial Group
Missouri
$47.7K +$47.1K +648 New
BCV
48
Banque Cantonale Vaudoise
Switzerland
$37K – – –
HI
49
Hoey Investments
Pennsylvania
$36.8K +$36.3K +500 New
MWM
50
MinichMacGregor Wealth Management
New York
$19.9K +$19.6K +270 New
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FAS Hedge Fund Activity: Q4 2022 in Review

72 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q4 2022, worth a combined $55.2M — up 53% from $36M a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new FAS positions and 7 closed out — a net gain of 18 holders — while 11 added to existing stakes and 14 trimmed.

The largest buyer was Hodges Capital Management, opening a new position worth an estimated $4.36M. The largest seller was Credit Suisse, cutting an estimated $4.46M.

  • 72 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q4 2022, up from 55 in Q3 2022.
  • Funds reported $55.2M of Direxion Daily Financial Bull 3x ETF stock for Q4 2022, up 53% quarter-over-quarter.
  • 25 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q4 2022 and 7 closed out, a net change of +18 holders.
  • The largest Direxion Daily Financial Bull 3x ETF buyer in Q4 2022 was Hodges Capital Management, an estimated $4.36M added.
  • The largest Direxion Daily Financial Bull 3x ETF seller in Q4 2022 was Credit Suisse, an estimated $4.46M sold.

Based on aggregated 13F filings for Q4 2022.