Direxion Daily Financial Bull 3x ETF
46 hedge funds and large institutions have $81.6M invested in Direxion Daily Financial Bull 3x ETF in 2017 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 19 reducing their positions, and 8 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.62% less ownership
Funds ownership: 7.39% → 5.77% (-1.6%)
6% less funds holding
Funds holding: 49 → 46 (-3)
16% less capital invested
Capital invested by funds: $97.6M → $81.6M (-$16M)
20% less call options, than puts
Call options by funds: $45.4M | Put options by funds: $56.4M
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
47% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 19
Top Buyers
| 1 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
+$6.78M |
| 2 |
VF
Virtu Financial
New York
|
+$5.29M |
| 3 |
CG
Cutler Group
San Francisco,
California
|
+$3.37M |
| 4 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$1.87M |
| 5 |
Barclays
London,
United Kingdom
|
+$1.2M |
Top Sellers
| 1 |
Goldman Sachs
New York
|
-$23.3M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$4.88M |
| 3 |
HT
HAP Trading
New York
|
-$3.94M |
| 4 |
Jane Street
New York
|
-$2.23M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.97M |
FAS Hedge Fund Activity: Q1 2017 in Review
46 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q1 2017, worth a combined $81.6M — down 16% from $97.6M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FAS and 5 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 10 added.
The largest buyer was Quantitative Investment Management, adding an estimated $6.78M. The largest seller was Goldman Sachs, cutting an estimated $23.3M.
- 46 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q1 2017, down from 49 in Q4 2016.
- Funds reported $81.6M of Direxion Daily Financial Bull 3x ETF stock for Q1 2017, down 16% quarter-over-quarter.
- 5 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q1 2017 and 8 closed out, a net change of -3 holders.
- The largest Direxion Daily Financial Bull 3x ETF buyer in Q1 2017 was Quantitative Investment Management, an estimated $6.78M added.
- The largest Direxion Daily Financial Bull 3x ETF seller in Q1 2017 was Goldman Sachs, an estimated $23.3M sold.
Based on aggregated 13F filings for Q1 2017.