Direxion Daily Financial Bull 3x ETF
57 hedge funds and large institutions have $78M invested in Direxion Daily Financial Bull 3x ETF in 2019 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 9 increasing their positions, 19 reducing their positions, and 8 closing their positions.
75% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 8
67% more call options, than puts
Call options by funds: $86M | Put options by funds: $51.4M
16% more capital invested
Capital invested by funds: $67M → $78M (+$11M)
10% more funds holding
Funds holding: 52 → 57 (+5)
0.08% more ownership
Funds ownership: 5.35% → 5.42% (+0.08%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
53% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 19
Top Buyers
Top Sellers
| 1 |
Simplex Trading
Chicago,
Illinois
|
-$3.59M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$3.11M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.97M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.24M |
| 5 |
Barclays
London,
United Kingdom
|
-$1.89M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCAG
51
Rehmann Capital Advisory Group
Lansing,
Michigan
| $3.09K | – | – | – |
|
|
APA
52
American Portfolios Advisors
Holbrook,
New York
| $2.1K | – | – | – |
|
53
Citigroup
New York
| $2K | -$825K | -14,169 | -100% |
|
|
NSIM
54
North Star Investment Management
Chicago,
Illinois
| $1K | – | – | – |
|
|
HCMT
55
Highland Capital Management (Texas)
Dallas,
Texas
| – | -$1.45M | -32,400 | Closed |
|
|
MMA
56
Miracle Mile Advisors
Los Angeles,
California
| – | -$483K | -10,781 | Closed |
|
|
BCM
57
Brasada Capital Management
Houston,
Texas
| – | -$90K | -2,000 | Closed |
|
|
FIA
58
FNY Investment Advisers
New York
| – | -$49K | -1,100 | Closed |
|
|
IA
59
IFP Advisors
Tampa,
Florida
| – | -$14K | -320 | Closed |
|
|
BWM
60
Baystate Wealth Management
Boston,
Massachusetts
| – | -$10K | -176 | Closed |
|
|
AIC
61
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$3K | -61 | Closed |
|
|
JA
62
JOYN Advisors
Atlanta,
Georgia
| – | -$2K | -50 | Closed |
|
63
Fidelity Investments
Boston,
Massachusetts
| – | -$116 | -2 | -50% |
|
FAS Hedge Fund Activity: Q1 2019 in Review
57 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q1 2019, worth a combined $78M — up 16% from $67M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FAS positions and 8 closed out — a net gain of 6 holders — while 9 added to existing stakes and 19 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $1.48M. The largest seller was Simplex Trading, cutting an estimated $3.59M.
- 57 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q1 2019, up from 52 in Q4 2018.
- Funds reported $78M of Direxion Daily Financial Bull 3x ETF stock for Q1 2019, up 16% quarter-over-quarter.
- 14 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q1 2019 and 8 closed out, a net change of +6 holders.
- The largest Direxion Daily Financial Bull 3x ETF buyer in Q1 2019 was Citadel Advisors, an estimated $1.48M added.
- The largest Direxion Daily Financial Bull 3x ETF seller in Q1 2019 was Simplex Trading, an estimated $3.59M sold.
Based on aggregated 13F filings for Q1 2019.