Direxion Daily Financial Bull 3x ETF
54 hedge funds and large institutions have $112M invested in Direxion Daily Financial Bull 3x ETF in 2017 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 11 increasing their positions, 17 reducing their positions, and 8 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
6% more funds holding
Funds holding: 51 → 54 (+3)
0.31% less ownership
Funds ownership: 8.06% → 7.75% (-0.31%)
2% less capital invested
Capital invested by funds: $113M → $112M (-$1.74M)
21% less call options, than puts
Call options by funds: $82.3M | Put options by funds: $104M
35% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 17
Top Buyers
Top Sellers
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$30M |
| 2 |
Two Sigma Investments
New York
|
-$9.8M |
| 3 |
Citigroup
New York
|
-$5.15M |
| 4 |
RIA
RPG Investment Advisory
Pleasanton,
California
|
-$2.32M |
| 5 |
Morgan Stanley
New York
|
-$1.77M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PA
51
Parallel Advisors
San Francisco,
California
| $1K | – | – | – |
|
|
ED
52
Exane Derivatives
Paris,
France
| $56 | – | – | – |
|
|
53
Two Sigma Investments
New York
| – | -$9.8M | -198,470 | Closed |
|
|
54
Citigroup
New York
| – | -$5.15M | -100,000 | Closed |
|
55
Simplex Trading
Chicago,
Illinois
| – | -$1.58M | -31,951 | Closed |
|
56
SG Americas Securities
New York
| – | -$611K | -12,373 | Closed |
|
|
FPF
57
FNY Partners Fund
New York
| – | -$553K | -11,200 | Closed |
|
58
Bank of America
Charlotte,
North Carolina
| – | -$536K | -10,420 | Closed |
|
|
IA
59
IFP Advisors
Tampa,
Florida
| – | -$20K | -400 | Closed |
|
|
IF
60
Ironwood Financial
Tucson,
Arizona
| – | -$2K | -36 | Closed |
|
61
Wells Fargo
San Francisco,
California
| – | +$51 | +1 | New |
|
FAS Hedge Fund Activity: Q3 2017 in Review
54 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q3 2017, worth a combined $112M — down 1.5% from $113M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FAS positions and 8 closed out — a net gain of 3 holders — while 11 added to existing stakes and 17 trimmed.
The largest buyer was Quantitative Investment Management, adding an estimated $21.9M. The largest seller was Susquehanna International Group, cutting an estimated $30M.
- 54 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q3 2017, up from 51 in Q2 2017.
- Funds reported $112M of Direxion Daily Financial Bull 3x ETF stock for Q3 2017, down 1.5% quarter-over-quarter.
- 11 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q3 2017 and 8 closed out, a net change of +3 holders.
- The largest Direxion Daily Financial Bull 3x ETF buyer in Q3 2017 was Quantitative Investment Management, an estimated $21.9M added.
- The largest Direxion Daily Financial Bull 3x ETF seller in Q3 2017 was Susquehanna International Group, an estimated $30M sold.
Based on aggregated 13F filings for Q3 2017.