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Direxion Daily Financial Bull 3x ETF
FAS

69 hedge funds and large institutions have $66.8M invested in Direxion Daily Financial Bull 3x ETF in 2023 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

115% more capital invested

Capital invested by funds: $31.1M → $66.8M (+$35.8M)

90% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 10

90% more call options, than puts

Call options by funds: $125M | Put options by funds: $66M

13% more funds holding

Funds holding: 61 → 69 (+8)

1.28% more ownership

Funds ownership: 1.95% → 3.24% (+1.3%)

8% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 13

Holders
69
Holders Change
+8
Holders Change %
+13.11%
% of All Funds
1.01%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
19
Increased
12
Reduced
13
Closed
10
Calls
$125M
Puts
$66M
Net Calls
+$59.4M
Net Calls Change
+$52.2M

Top Buyers

1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$5.03M
2
Jane Street
Jane Street
New York
+$4.08M
3
GS
GTS Securities
New York
+$3.92M
4
Morgan Stanley
Morgan Stanley
New York
+$3.18M
5
Citadel Advisors
Citadel Advisors
Florida
+$2.5M

Top Sellers

1
TFA
Toth Financial Advisory
Virginia
-$1.77M
2
DS
DRW Securities
Illinois
-$1.01M
3
CF
Cantor Fitzgerald
New York
-$847K
4
Simplex Trading
Simplex Trading
Illinois
-$565K
5
EWA
Exencial Wealth Advisors
Oklahoma
-$475K
Name Holding Trade Value Shares
Change 		Change in
Stake
LPL Financial
26
LPL Financial
California
$414K -$2.95K -45 -0.9%
SBIA
27
Sheaff Brock Investment Advisors
Indiana
$413K +$328K +5,000 New
Janney Montgomery Scott
28
Janney Montgomery Scott
Pennsylvania
$371K – – –
CAPTRUST Financial Advisors
29
CAPTRUST Financial Advisors
North Carolina
$337K +$267K +4,072 New
HWM
30
Horizon Wealth Management
Illinois
$299K – – –
JP Morgan Chase
31
JP Morgan Chase
New York
$289K -$52.1K -794 -18%
RPCONE
32
Retirement Planning Company of New England
Rhode Island
$287K +$228K +3,470 New
IWC
33
Integrated Wealth Concepts
Massachusetts
$282K – – –
VCM
34
Viewpoint Capital Management
Washington
$264K +$210K +3,200 New
ML
35
McAdam LLC
Pennsylvania
$243K +$193K +2,935 New
CICI
36
Capital Investment Counsel Inc
North Carolina
$231K +$184K +2,800 New
Northern Trust
37
Northern Trust
Illinois
$227K +$181K +2,750 New
DI
38
Diligent Investors
California
$223K +$177K +2,700 New
DCM
39
Dimension Capital Management
Florida
$215K +$171K +2,600 New
Citigroup
40
Citigroup
New York
$174K – – –
Belvedere Trading
41
Belvedere Trading
Illinois
$123K +$97.9K +1,491 New
UBS Group
42
UBS Group
Switzerland
$102K +$81.2K +1,237 New
JWA
43
JFS Wealth Advisors
Pennsylvania
$95.5K – – –
Northwestern Mutual Wealth Management
44
Northwestern Mutual Wealth Management
Wisconsin
$73.4K – – –
S
45
SignatureFD
Georgia
$66.9K – – –
MFT
46
Moisand Fitzgerald Tamayo
Florida
$66.1K – – –
CG
47
Cutler Group
California
$65K -$62.9K -959 -55%
Royal Bank of Canada
48
Royal Bank of Canada
Ontario, Canada
$63K +$44K +671 +671%
C
49
Covestor
United Kingdom
$62K +$11.8K +180 +31%
LFG
50
Larson Financial Group
Missouri
$48.8K -$13.1K -200 -25%
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FAS Hedge Fund Activity: Q4 2023 in Review

69 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q4 2023, worth a combined $66.8M — up 115% from $31.1M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new FAS positions and 10 closed out — a net gain of 9 holders — while 12 added to existing stakes and 13 trimmed.

The largest buyer was Susquehanna International Group, adding an estimated $5.03M. The largest seller was Toth Financial Advisory, cutting an estimated $1.77M.

  • 69 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q4 2023, up from 61 in Q3 2023.
  • Funds reported $66.8M of Direxion Daily Financial Bull 3x ETF stock for Q4 2023, up 115% quarter-over-quarter.
  • 19 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q4 2023 and 10 closed out, a net change of +9 holders.
  • The largest Direxion Daily Financial Bull 3x ETF buyer in Q4 2023 was Susquehanna International Group, an estimated $5.03M added.
  • The largest Direxion Daily Financial Bull 3x ETF seller in Q4 2023 was Toth Financial Advisory, an estimated $1.77M sold.

Based on aggregated 13F filings for Q4 2023.