Direxion Daily Financial Bull 3x ETF
49 hedge funds and large institutions have $97.6M invested in Direxion Daily Financial Bull 3x ETF in 2016 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 12 closing their positions.
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
27% more capital invested
Capital invested by funds: $76.9M → $97.6M (+$20.6M)
11% more funds holding
Funds holding: 44 → 49 (+5)
0.14% more ownership
Funds ownership: 7.25% → 7.39% (+0.14%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
31% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 13
34% less call options, than puts
Call options by funds: $126M | Put options by funds: $191M
Top Buyers
| 1 |
Goldman Sachs
New York
|
+$7.02M |
| 2 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
+$4.1M |
| 3 |
HT
HAP Trading
New York
|
+$3.33M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.71M |
| 5 |
SCM
Stevens Capital Management
Radnor,
Pennsylvania
|
+$1.48M |
Top Sellers
| 1 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$5.82M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.71M |
| 3 |
Barclays
London,
United Kingdom
|
-$3.73M |
| 4 |
CG
Cutler Group
San Francisco,
California
|
-$3.32M |
| 5 |
VF
Virtu Financial
New York
|
-$2.46M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Simplex Trading
Chicago,
Illinois
| – | -$1.13M | -38,798 | Closed |
|
|
CS
52
Credit Suisse
Zurich,
Switzerland
| – | -$815K | -27,977 | Closed |
|
|
ACI
53
Alpha Cubed Investments
Irvine,
California
| – | -$749K | -25,705 | Closed |
|
|
CPSAC
54
Chas P. Smith & Associates (CPS)
Lakeland,
Florida
| – | -$381K | -12,167 | Closed |
|
55
Walleye Trading
New York
| – | -$202K | -5,839 | Closed |
|
|
JFA
56
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$33K | -1,128 | Closed |
|
|
S
57
SignatureFD
Atlanta,
Georgia
| – | -$33K | -1,128 | Closed |
|
|
WA
58
WFG Advisors
Dallas,
Texas
| – | -$15K | -508 | Closed |
|
|
PFG
59
Piershale Financial Group
Barrington,
Illinois
| – | -$5K | -185 | Closed |
|
|
FTUS
60
Flow Traders U.S.
New York
| – | +$35 | +1 | New |
|
FAS Hedge Fund Activity: Q4 2016 in Review
49 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q4 2016, worth a combined $97.6M — up 27% from $76.9M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FAS positions and 12 closed out — a net gain of 5 holders — while 9 added to existing stakes and 13 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $7.02M. The largest seller was Timber Hill, cutting an estimated $5.82M.
- 49 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q4 2016, up from 44 in Q3 2016.
- Funds reported $97.6M of Direxion Daily Financial Bull 3x ETF stock for Q4 2016, up 27% quarter-over-quarter.
- 17 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q4 2016 and 12 closed out, a net change of +5 holders.
- The largest Direxion Daily Financial Bull 3x ETF buyer in Q4 2016 was Goldman Sachs, an estimated $7.02M added.
- The largest Direxion Daily Financial Bull 3x ETF seller in Q4 2016 was Timber Hill, an estimated $5.82M sold.
Based on aggregated 13F filings for Q4 2016.