Direxion Daily Financial Bull 3x ETF
48 hedge funds and large institutions have $74.7M invested in Direxion Daily Financial Bull 3x ETF in 2015 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 16 reducing their positions, and 9 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less funds holding
Funds holding: 49 → 48 (-1)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
13% less call options, than puts
Call options by funds: $141M | Put options by funds: $161M
17% less capital invested
Capital invested by funds: $89.8M → $74.7M (-$15.2M)
21.5% less ownership
Funds ownership: 27.94% → 6.44% (-21%)
44% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 16
Top Buyers
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$5.46M |
| 2 |
JP Morgan Chase
New York
|
+$5.18M |
| 3 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$2.64M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$783K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$734K |
Top Sellers
| 1 |
Jane Street
New York
|
-$13.8M |
| 2 |
VCAM
Valentine Capital Asset Management
Danville,
California
|
-$3.55M |
| 3 |
Barclays
London,
United Kingdom
|
-$2.99M |
| 4 |
Morgan Stanley
New York
|
-$1.88M |
| 5 |
BFG
Bouchey Financial Group
Troy,
New York
|
-$1.67M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CT
51
CMT Trading
Chicago,
Illinois
| – | -$356K | -11,640 | Closed |
|
|
IIA
52
IPG Investment Advisors
San Diego,
California
| – | -$237K | -7,760 | Closed |
|
|
WAM
53
Wolverine Asset Management
Chicago,
Illinois
| – | -$231K | -7,200 | Closed |
|
|
MSU
54
Maple Securities USA
Jersey City,
New Jersey
| – | -$219K | -7,180 | Closed |
|
55
Citadel Advisors
Miami,
Florida
| – | -$183K | -6,000 | Closed |
|
|
AA
56
AlphaMark Advisors
Ft. Wright,
Kentucky
| – | -$30K | -976 | Closed |
|
FAS Hedge Fund Activity: Q2 2015 in Review
48 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q2 2015, worth a combined $74.7M — down 17% from $89.8M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FAS and 8 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 9 added.
The largest buyer was Credit Suisse, adding an estimated $5.46M. The largest seller was Jane Street, cutting an estimated $13.8M.
- 48 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q2 2015, down from 49 in Q1 2015.
- Funds reported $74.7M of Direxion Daily Financial Bull 3x ETF stock for Q2 2015, down 17% quarter-over-quarter.
- 8 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q2 2015 and 9 closed out, a net change of -1 holder.
- The largest Direxion Daily Financial Bull 3x ETF buyer in Q2 2015 was Credit Suisse, an estimated $5.46M added.
- The largest Direxion Daily Financial Bull 3x ETF seller in Q2 2015 was Jane Street, an estimated $13.8M sold.
Based on aggregated 13F filings for Q2 2015.