Direxion Daily Financial Bull 3x ETF
64 hedge funds and large institutions have $55.3M invested in Direxion Daily Financial Bull 3x ETF in 2020 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 13 increasing their positions, 17 reducing their positions, and 14 closing their positions.
35% more call options, than puts
Call options by funds: $123M | Put options by funds: $91.1M
21% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 14
5% more funds holding
Funds holding: 61 → 64 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.26% less ownership
Funds ownership: 4.15% → 3.89% (-0.26%)
12% less capital invested
Capital invested by funds: $62.7M → $55.3M (-$7.46M)
24% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 17
Top Buyers
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$4.71M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$1.31M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$1.26M |
| 4 |
LC
Lindbrook Capital
Calabasas,
California
|
+$1.18M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.06M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Wells Fargo
San Francisco,
California
| – | -$36 | -1 | -50% |
|
FAS Hedge Fund Activity: Q3 2020 in Review
64 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q3 2020, worth a combined $55.3M — down 12% from $62.7M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FAS positions and 14 closed out — a net gain of 3 holders — while 13 added to existing stakes and 17 trimmed.
The largest buyer was Tower Research Capital (TRC), adding an estimated $4.71M. The largest seller was Citadel Advisors, cutting an estimated $8.44M.
- 64 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q3 2020, up from 61 in Q2 2020.
- Funds reported $55.3M of Direxion Daily Financial Bull 3x ETF stock for Q3 2020, down 12% quarter-over-quarter.
- 17 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q3 2020 and 14 closed out, a net change of +3 holders.
- The largest Direxion Daily Financial Bull 3x ETF buyer in Q3 2020 was Tower Research Capital (TRC), an estimated $4.71M added.
- The largest Direxion Daily Financial Bull 3x ETF seller in Q3 2020 was Citadel Advisors, an estimated $8.44M sold.
Based on aggregated 13F filings for Q3 2020.