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Direxion Daily Financial Bull 3x ETF
FAS

69 hedge funds and large institutions have $90.7M invested in Direxion Daily Financial Bull 3x ETF in 2024 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 18 increasing their positions, 15 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

87% more call options, than puts

Call options by funds: $173M | Put options by funds: $92.4M

36% more capital invested

Capital invested by funds: $66.8M → $90.7M (+$23.9M)

20% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 15

8% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 12

0.38% more ownership

Funds ownership: 3.24% → 3.61% (+0.38%)

0% more funds holding

Funds holding: 69 → 69 (0)

Holders
69
Holders Change
–
Holders Change %
0%
% of All Funds
0.99%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
13
Increased
18
Reduced
15
Closed
12
Calls
$173M
Puts
$92.4M
Net Calls
+$80.7M
Net Calls Change
+$21.3M

Top Buyers

1
Simplex Trading
Simplex Trading
Illinois
+$9.23M
2
Citadel Advisors
Citadel Advisors
Florida
+$6.64M
3
HF
HRT Financial
New York
+$2.02M
4
DSCM
Del-Sette Capital Management
New York
+$1.76M
5
Wolverine Trading
Wolverine Trading
Illinois
+$1.72M

Top Sellers

1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$7.76M
2
Morgan Stanley
Morgan Stanley
New York
-$4.25M
3
GS
GTS Securities
New York
-$2.28M
4
Squarepoint
Squarepoint
New York
-$2.24M
5
TCM
Traynor Capital Management
Pennsylvania
-$1.78M
Name Holding Trade Value Shares
Change 		Change in
Stake
CAPTRUST Financial Advisors
26
CAPTRUST Financial Advisors
North Carolina
$458K +$1.22K +13 +0.3%
EFA
27
Edge Financial Advisors
Illinois
$438K +$367K +3,908 New
HWM
28
Horizon Wealth Management
Illinois
$405K – – –
IWC
29
Integrated Wealth Concepts
Massachusetts
$383K – – –
VCM
30
Viewpoint Capital Management
Washington
$359K – – –
RPCONE
31
Retirement Planning Company of New England
Rhode Island
$333K -$47K -501 -14%
ML
32
McAdam LLC
Pennsylvania
$329K – – –
Northern Trust
33
Northern Trust
Illinois
$309K – – –
DI
34
Diligent Investors
California
$303K – – –
GAM
35
Grandview Asset Management
Pennsylvania
$269K +$225K +2,400 New
ISWM
36
Independent Solutions Wealth Management
New York
$263K +$220K +2,342 New
PWP
37
Perfromance Wealth Partners
Illinois
$252K +$211K +2,250 New
DCM
38
Dimension Capital Management
Florida
$249K -$36.1K -385 -15%
UBS Group
39
UBS Group
Switzerland
$237K +$82.3K +877 +71%
Citigroup
40
Citigroup
New York
$236K – – –
EIP
41
Ellis Investment Partners
Pennsylvania
$211K +$176K +1,878 New
Commonwealth Equity Services
42
Commonwealth Equity Services
Massachusetts
$203K +$170K +1,813 New
JP Morgan Chase
43
JP Morgan Chase
New York
$150K -$203K -2,161 -62%
JWA
44
JFS Wealth Advisors
Pennsylvania
$130K – – –
Qube Research & Technologies (QRT)
45
Qube Research & Technologies (QRT)
United Kingdom
$125K +$105K +1,114 New
C
46
Covestor
United Kingdom
$114K +$24.9K +265 +35%
HT
47
Headlands Technologies
Illinois
$96.2K +$80.5K +857 New
S
48
SignatureFD
Georgia
$90.9K +$94 +1 +0.1%
MFT
49
Moisand Fitzgerald Tamayo
Florida
$89.8K – – –
Northwestern Mutual Wealth Management
50
Northwestern Mutual Wealth Management
Wisconsin
$75K -$20.7K -220 -25%
1
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FAS Hedge Fund Activity: Q1 2024 in Review

69 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q1 2024, worth a combined $90.7M — up 36% from $66.8M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new FAS positions and 12 closed out — a net gain of 1 holder — while 18 added to existing stakes and 15 trimmed.

The largest buyer was Simplex Trading, adding an estimated $9.23M. The largest seller was Susquehanna International Group, cutting an estimated $7.76M.

  • 69 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q1 2024, unchanged from Q4 2023.
  • Funds reported $90.7M of Direxion Daily Financial Bull 3x ETF stock for Q1 2024, up 36% quarter-over-quarter.
  • 13 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q1 2024 and 12 closed out, a net change of +1 holder.
  • The largest Direxion Daily Financial Bull 3x ETF buyer in Q1 2024 was Simplex Trading, an estimated $9.23M added.
  • The largest Direxion Daily Financial Bull 3x ETF seller in Q1 2024 was Susquehanna International Group, an estimated $7.76M sold.

Based on aggregated 13F filings for Q1 2024.