We are live on ! Find out more
FAS icon

Direxion Daily Financial Bull 3x ETF
FAS

68 hedge funds and large institutions have $99.5M invested in Direxion Daily Financial Bull 3x ETF in 2020 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 10 increasing their positions, 18 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more capital invested

Capital invested by funds: $55.3M → $99.5M (+$44.3M)

67% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 9

57% more call options, than puts

Call options by funds: $302M | Put options by funds: $192M

6% more funds holding

Funds holding: 64 → 68 (+4)

0.61% more ownership

Funds ownership: 3.89% → 4.51% (+0.61%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

44% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 18

Holders
68
Holders Change
+4
Holders Change %
+6.25%
% of All Funds
1.2%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
15
Increased
10
Reduced
18
Closed
9
Calls
$302M
Puts
$192M
Net Calls
+$110M
Net Calls Change
+$77.6M

Top Buyers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$8.29M
2
Wolverine Trading
Wolverine Trading
Illinois
+$5.13M
3
CS
Credit Suisse
Switzerland
+$2.58M
4
Citadel Advisors
Citadel Advisors
Florida
+$2.43M
5
VF
Virtu Financial
New York
+$2.33M

Top Sellers

Rank Fund Capital Flow
1
HJMC
Hellman Jordan Management Company
Massachusetts
-$6.83M
2
TRCT
Tower Research Capital (TRC)
New York
-$3.61M
3
Citigroup
Citigroup
New York
-$2.82M
4
HF
HRT Financial
New York
-$2.47M
5
Simplex Trading
Simplex Trading
Illinois
-$2.06M
Name Holding Trade Value Shares
Change 		Change in
Stake
BCV
51
Banque Cantonale Vaudoise
Switzerland
$30K – – –
ASN
52
Advisory Services Network
Georgia
$29K -$31.6K -677 -59%
SWM
53
Sugarloaf Wealth Management
Georgia
$15K – – –
VFA
54
Valeo Financial Advisors
Indiana
$14K – – –
OPW
55
Oxler Private Wealth
New York
$12K +$9.32K +200 New
RIA
56
RPG Investment Advisory
California
$11K – – –
CFGS
57
Concourse Financial Group Securities
Alabama
$9K – – –
GI
58
Gradient Investments
Minnesota
$9K – – –
FDCDDQ
59
Federation des caisses Desjardins du Quebec
Quebec, Canada
$7.6K – – –
Royal Bank of Canada
60
Royal Bank of Canada
Ontario, Canada
$6K – – –
DOA
61
D'Orazio & Associates
Virginia
$5K +$3.5K +75 New
KFS
62
Kelly Financial Services
Massachusetts
$4.28K +$839 +18 +35%
LFG
63
Larson Financial Group
Missouri
$4K – – –
APA
64
American Portfolios Advisors
New York
$2.07K – – –
IF
65
Ironwood Financial
Arizona
$2K – – –
NSIM
66
North Star Investment Management
Illinois
$1K – – –
Fidelity Investments
67
Fidelity Investments
Massachusetts
$1K +$979 +21 New
LC
68
Lindbrook Capital
California
– -$1.12M -33,008 Closed
PCA
69
Providence Capital Advisors
North Carolina
– -$390K -11,500 Closed
BWL
70
Bogart Wealth LLC
Virginia
– -$67K -2,000 Closed
Fifth Third Bancorp
71
Fifth Third Bancorp
Ohio
– -$55K -1,635 Closed
IFAM
72
Institutional & Family Asset Management
Colorado
– -$40K -1,173 Closed
Northwestern Mutual Wealth Management
73
Northwestern Mutual Wealth Management
Wisconsin
– -$30K -900 Closed
AWA
74
Arkadios Wealth Advisors
Georgia
– -$19.2K -501 Closed
AF
75
Advisornet Financial
Minnesota
– -$8K -250 Closed
1 2
3
4

FAS Hedge Fund Activity: Q4 2020 in Review

68 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q4 2020, worth a combined $99.5M — up 80% from $55.3M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new FAS positions and 9 closed out — a net gain of 6 holders — while 10 added to existing stakes and 18 trimmed.

The largest buyer was Susquehanna International Group, adding an estimated $8.29M. The largest seller was Hellman Jordan Management Company, cutting an estimated $6.83M.

  • 68 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q4 2020, up from 64 in Q3 2020.
  • Funds reported $99.5M of Direxion Daily Financial Bull 3x ETF stock for Q4 2020, up 80% quarter-over-quarter.
  • 15 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q4 2020 and 9 closed out, a net change of +6 holders.
  • The largest Direxion Daily Financial Bull 3x ETF buyer in Q4 2020 was Susquehanna International Group, an estimated $8.29M added.
  • The largest Direxion Daily Financial Bull 3x ETF seller in Q4 2020 was Hellman Jordan Management Company, an estimated $6.83M sold.

Based on aggregated 13F filings for Q4 2020.