Direxion Daily Financial Bull 3x ETF
77 hedge funds and large institutions have $102M invested in Direxion Daily Financial Bull 3x ETF in 2024 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 12 increasing their positions, 17 reducing their positions, and 14 closing their positions.
206% more call options, than puts
Call options by funds: $311M | Put options by funds: $102M
79% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 14
17% more funds holding
Funds holding: 66 → 77 (+11)
3.63% less ownership
Funds ownership: 7.79% → 4.16% (-3.6%)
29% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 17
37% less capital invested
Capital invested by funds: $162M → $102M (-$60M)
Top Buyers
| 1 |
GS
GTS Securities
New York
|
+$3.27M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
+$3.26M |
| 3 |
HF
HRT Financial
New York
|
+$3.14M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
+$2.66M |
| 5 |
Squarepoint
New York
|
+$2.58M |
Top Sellers
| 1 |
Jane Street
New York
|
-$89.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$14M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
-$5.01M |
| 4 |
EWM
Elevatus Welath Management
Victor,
New York
|
-$3.58M |
| 5 |
IMC Chicago
Chicago,
Illinois
|
-$1.52M |
FAS Hedge Fund Activity: Q3 2024 in Review
77 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q3 2024, worth a combined $102M — down 37% from $162M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new FAS positions and 14 closed out — a net gain of 11 holders — while 12 added to existing stakes and 17 trimmed.
The largest buyer was GTS Securities, adding an estimated $3.27M. The largest seller was Jane Street, cutting an estimated $89.8M.
- 77 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q3 2024, up from 66 in Q2 2024.
- Funds reported $102M of Direxion Daily Financial Bull 3x ETF stock for Q3 2024, down 37% quarter-over-quarter.
- 25 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q3 2024 and 14 closed out, a net change of +11 holders.
- The largest Direxion Daily Financial Bull 3x ETF buyer in Q3 2024 was GTS Securities, an estimated $3.27M added.
- The largest Direxion Daily Financial Bull 3x ETF seller in Q3 2024 was Jane Street, an estimated $89.8M sold.
Based on aggregated 13F filings for Q3 2024.