Direxion Daily Financial Bull 3x ETF
54 hedge funds and large institutions have $51.1M invested in Direxion Daily Financial Bull 3x ETF in 2019 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 7 increasing their positions, 22 reducing their positions, and 11 closing their positions.
14% more call options, than puts
Call options by funds: $139M | Put options by funds: $122M
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
0.81% less ownership
Funds ownership: 4.64% → 3.84% (-0.81%)
2% less funds holding
Funds holding: 55 → 54 (-1)
25% less capital invested
Capital invested by funds: $68.3M → $51.1M (-$17.3M)
68% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 22
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$5.66M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.18M |
| 3 |
Renaissance Technologies
New York
|
+$993K |
| 4 |
Citigroup
New York
|
+$766K |
| 5 |
Mercer Global Advisors
Denver,
Colorado
|
+$581K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EWA
Exencial Wealth Advisors
Oklahoma City,
Oklahoma
|
-$12.3M |
| 2 |
BFG
Bouchey Financial Group
Troy,
New York
|
-$3.64M |
| 3 |
RIA
RPG Investment Advisory
Pleasanton,
California
|
-$3.6M |
| 4 |
Jane Street
New York
|
-$3.05M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2.81M |
FAS Hedge Fund Activity: Q3 2019 in Review
54 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q3 2019, worth a combined $51.1M — down 25% from $68.3M a quarter earlier.
Fund positioning in FAS was balanced in Q3 2019: 11 funds opened new positions, 11 closed out, 7 added to existing stakes and 22 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $5.66M. The largest seller was Exencial Wealth Advisors, exiting entirely with an estimated $12.3M sold.
- 54 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q3 2019, down from 55 in Q2 2019.
- Funds reported $51.1M of Direxion Daily Financial Bull 3x ETF stock for Q3 2019, down 25% quarter-over-quarter.
- 11 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q3 2019 and 11 closed out, a net change of 0 holders.
- The largest Direxion Daily Financial Bull 3x ETF buyer in Q3 2019 was Citadel Advisors, an estimated $5.66M added.
- The largest Direxion Daily Financial Bull 3x ETF seller in Q3 2019 was Exencial Wealth Advisors, an estimated $12.3M sold.
Based on aggregated 13F filings for Q3 2019.