Direxion Daily Financial Bull 3x ETF
77 hedge funds and large institutions have $74M invested in Direxion Daily Financial Bull 3x ETF in 2021 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 10 increasing their positions, 24 reducing their positions, and 11 closing their positions.
65% more call options, than puts
Call options by funds: $500M | Put options by funds: $302M
55% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 11
4% more funds holding
Funds holding: 74 → 77 (+3)
0.17% more ownership
Funds ownership: 2.28% → 2.45% (+0.17%)
3% less capital invested
Capital invested by funds: $76.2M → $74M (-$2.16M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
58% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 24
Top Buyers
Top Sellers
| 1 |
Citadel Advisors
Miami,
Florida
|
-$8.74M |
| 2 |
Jane Street
New York
|
-$5.6M |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$4.03M |
| 4 |
HF
HRT Financial
New York
|
-$4.02M |
| 5 |
XSC
X-Square Capital
Guaynabo,
Puerto Rico
|
-$3.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Wolverine Trading
Chicago,
Illinois
| – | -$1.59M | -13,857 | Closed |
|
|
VF
77
Virtu Financial
New York
| – | -$1.37M | -12,535 | Closed |
|
78
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$1.02M | -9,400 | Closed |
|
79
Truist Financial
Charlotte,
North Carolina
| – | -$349K | -3,188 | Closed |
|
|
CAI
80
Capital Advisors Inc
Tulsa,
Oklahoma
| – | -$208K | -1,899 | Closed |
|
|
ASN
81
Advisory Services Network
Atlanta,
Georgia
| – | -$65K | -597 | Closed |
|
82
Vontobel Holding
Zurich,
Switzerland
| – | -$36K | -326 | Closed |
|
|
RIA
83
RPG Investment Advisory
Pleasanton,
California
| – | -$16K | -150 | Closed |
|
|
PFA
84
Professional Financial Advisors
North Platte,
Nebraska
| – | -$4K | -35 | Closed |
|
85
Fidelity Investments
Boston,
Massachusetts
| – | -$1.15K | -10 | -91% |
|
|
PFBT
86
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$115 | -1 | -33% |
|
FAS Hedge Fund Activity: Q3 2021 in Review
77 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q3 2021, worth a combined $74M — down 2.8% from $76.2M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FAS positions and 11 closed out — a net gain of 6 holders — while 10 added to existing stakes and 24 trimmed.
The largest buyer was Thames Capital Management, opening a new position worth an estimated $15.6M. The largest seller was Citadel Advisors, cutting an estimated $8.74M.
- 77 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q3 2021, up from 74 in Q2 2021.
- Funds reported $74M of Direxion Daily Financial Bull 3x ETF stock for Q3 2021, down 2.8% quarter-over-quarter.
- 17 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q3 2021 and 11 closed out, a net change of +6 holders.
- The largest Direxion Daily Financial Bull 3x ETF buyer in Q3 2021 was Thames Capital Management, an estimated $15.6M added.
- The largest Direxion Daily Financial Bull 3x ETF seller in Q3 2021 was Citadel Advisors, an estimated $8.74M sold.
Based on aggregated 13F filings for Q3 2021.