Direxion Daily Financial Bull 3x ETF
43 hedge funds and large institutions have $228M invested in Direxion Daily Financial Bull 3x ETF in 2014 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 8 closing their positions.
121% more capital invested
Capital invested by funds: $103M → $228M (+$125M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
44% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 9
34.67% more ownership
Funds ownership: 36.52% → 71.19% (+35%)
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
2% more funds holding
Funds holding: 42 → 43 (+1)
10% less call options, than puts
Call options by funds: $292M | Put options by funds: $326M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$92.8M |
| 2 |
Jane Street
New York
|
+$26.3M |
| 3 |
SG Americas Securities
New York
|
+$3.62M |
| 4 |
Goldman Sachs
New York
|
+$1.87M |
| 5 |
Barclays
London,
United Kingdom
|
+$1.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$6.73M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$2.85M |
| 3 |
Two Sigma Investments
New York
|
-$2.67M |
| 4 |
SCM
Stevens Capital Management
Radnor,
Pennsylvania
|
-$1.33M |
| 5 |
Walleye Trading
New York
|
-$1.02M |
FAS Hedge Fund Activity: Q3 2014 in Review
43 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q3 2014, worth a combined $228M — up 121% from $103M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FAS positions and 8 closed out — a net gain of 1 holder — while 13 added to existing stakes and 9 trimmed.
The largest buyer was Credit Suisse, adding an estimated $92.8M. The largest seller was Susquehanna International Group, cutting an estimated $6.73M.
- 43 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q3 2014, up from 42 in Q2 2014.
- Funds reported $228M of Direxion Daily Financial Bull 3x ETF stock for Q3 2014, up 121% quarter-over-quarter.
- 9 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q3 2014 and 8 closed out, a net change of +1 holder.
- The largest Direxion Daily Financial Bull 3x ETF buyer in Q3 2014 was Credit Suisse, an estimated $92.8M added.
- The largest Direxion Daily Financial Bull 3x ETF seller in Q3 2014 was Susquehanna International Group, an estimated $6.73M sold.
Based on aggregated 13F filings for Q3 2014.