We are live on ! Find out more
FAS icon

Direxion Daily Financial Bull 3x ETF
FAS

56 hedge funds and large institutions have $85.9M invested in Direxion Daily Financial Bull 3x ETF in 2019 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 8 increasing their positions, 16 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

68% more capital invested

Capital invested by funds: $51.1M → $85.9M (+$34.8M)

15% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 13

4% more funds holding

Funds holding: 54 → 56 (+2)

1.78% more ownership

Funds ownership: 3.84% → 5.62% (+1.8%)

25% less call options, than puts

Call options by funds: $111M | Put options by funds: $149M

50% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 16

Holders
56
Holders Change
+2
Holders Change %
+3.7%
% of All Funds
1.1%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
15
Increased
8
Reduced
16
Closed
13
Calls
$111M
Puts
$149M
Net Calls
-$37.2M
Net Calls Change
-$54.5M

Top Buyers

1
Citadel Advisors
Citadel Advisors
Florida
+$30.5M
2
TRCT
Tower Research Capital (TRC)
New York
+$4.8M
3
Jane Street
Jane Street
New York
+$3.18M
4
VF
Virtu Financial
New York
+$1.58M
5
CS
Credit Suisse
Switzerland
+$1.37M

Top Sellers

1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$8.35M
2
BFG
Bouchey Financial Group
New York
-$4.83M
3
HIS
Harvest Investment Services
Illinois
-$1.65M
4
NAM
Nexpoint Asset Management
Texas
-$1.05M
5
Renaissance Technologies
Renaissance Technologies
New York
-$1.02M
Name Holding Trade Value Shares
Change 		Change in
Stake
KFS
51
Kelly Financial Services
Massachusetts
$4.92K – – –
APA
52
American Portfolios Advisors
New York
$3.22K – – –
SFS
53
Sowell Financial Services
Arkansas
$2K -$2.54K -30 -61%
LPWM
54
Lake Point Wealth Management
Texas
$2K +$2.11K +25 New
NSIM
55
North Star Investment Management
Illinois
$1K – – –
LFA
56
Lighthouse Financial Advisors
Maryland
$1K +$1.01K +12 New
HIS
57
Harvest Investment Services
Illinois
– -$1.65M -22,279 Closed
Renaissance Technologies
58
Renaissance Technologies
New York
– -$1.02M -13,100 Closed
TSS
59
Two Sigma Securities
New York
– -$921K -11,857 Closed
CA
60
Commerzbank Aktiengesellschaft
Germany
– -$803K -10,347 Closed
Mercer Global Advisors
61
Mercer Global Advisors
Colorado
– -$594K -7,661 Closed
QIM
62
Quantitative Investment Management
Virginia
– -$341K -4,394 Closed
SPM
63
Symmetry Peak Management
Pennsylvania
– -$272K -3,500 Closed
XS
64
XR Securities
Illinois
– -$255K -3,282 Closed
RIA
65
RPG Investment Advisory
California
– -$118K -1,515 Closed
PCG
66
Private Capital Group
Connecticut
– -$106K -1,362 Closed
Walleye Trading
67
Walleye Trading
New York
– -$111K -1,318 Closed
Bank of America
68
Bank of America
North Carolina
– -$65K -836 Closed
FAAS
69
First Allied Advisory Services
California
– -$13K -168 Closed
HIA
70
Harbor Investment Advisory
Maryland
– +$423 +5 New
1 2
3

FAS Hedge Fund Activity: Q4 2019 in Review

56 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q4 2019, worth a combined $85.9M — up 68% from $51.1M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new FAS positions and 13 closed out — a net gain of 2 holders — while 8 added to existing stakes and 16 trimmed.

The largest buyer was Citadel Advisors, adding an estimated $30.5M. The largest seller was Susquehanna International Group, cutting an estimated $8.35M.

  • 56 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q4 2019, up from 54 in Q3 2019.
  • Funds reported $85.9M of Direxion Daily Financial Bull 3x ETF stock for Q4 2019, up 68% quarter-over-quarter.
  • 15 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q4 2019 and 13 closed out, a net change of +2 holders.
  • The largest Direxion Daily Financial Bull 3x ETF buyer in Q4 2019 was Citadel Advisors, an estimated $30.5M added.
  • The largest Direxion Daily Financial Bull 3x ETF seller in Q4 2019 was Susquehanna International Group, an estimated $8.35M sold.

Based on aggregated 13F filings for Q4 2019.