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Direxion Daily Financial Bull 3x ETF

55 hedge funds and large institutions have $36M invested in Direxion Daily Financial Bull 3x ETF in 2022 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 15 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

64% more call options, than puts

Call options by funds: $71.5M | Put options by funds: $43.5M

0% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 15

0.48% less ownership

Funds ownership: 2.96%2.48% (-0.48%)

13% less funds holding

Funds holding: 6355 (-8)

26% less capital invested

Capital invested by funds: $48.4M → $36M (-$12.3M)

62% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 13

Holders
55
Holders Change
-8
Holders Change %
-12.7%
% of All Funds
0.95%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
15
Reduced
15
Closed
13
Calls
$71.5M
Puts
$43.5M
Net Calls
+$28M
Net Calls Change
+$7.38M

FAS Hedge Fund Activity: Q3 2022 in Review

55 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q3 2022, worth a combined $36M — down 26% from $48.4M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of FAS and 5 opened new positions — a net loss of 8 holders — while 15 trimmed existing stakes and 15 added.

The largest buyer was Jane Street, adding an estimated $2.63M. The largest seller was HRT Financial, cutting an estimated $9.21M.

  • 55 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q3 2022, down from 63 in Q2 2022.
  • Funds reported $36M of Direxion Daily Financial Bull 3x ETF stock for Q3 2022, down 26% quarter-over-quarter.
  • 5 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q3 2022 and 13 closed out, a net change of -8 holders.
  • The largest Direxion Daily Financial Bull 3x ETF buyer in Q3 2022 was Jane Street, an estimated $2.63M added.
  • The largest Direxion Daily Financial Bull 3x ETF seller in Q3 2022 was HRT Financial, an estimated $9.21M sold.

Based on aggregated 13F filings for Q3 2022.