Direxion Daily Financial Bull 3x ETF
FAS
76 hedge funds and large institutions have $55.9M invested in Direxion Daily Financial Bull 3x ETF in 2022 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 15 increasing their positions, 17 reducing their positions, and 20 closing their positions.
24% more call options, than puts
Call options by funds: $282M | Put options by funds: $228M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.54% less ownership
Funds ownership: 2.44% → 1.9% (-0.54%)
4% less funds holding
Funds holding: 79 → 76 (-3)
12% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 17
15% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 20
36% less capital invested
Capital invested by funds: $88M → $55.9M (-$32M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$4.7M |
| 2 |
SCA
Snowden Capital Advisors
New York
|
+$4.54M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.65M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
+$1.3M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
-$11.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$6.71M |
| 3 |
HF
HRT Financial
New York
|
-$5.72M |
| 4 |
DSCM
Del-Sette Capital Management
Schenectady,
New York
|
-$3.28M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.39M |
FAS Hedge Fund Activity: Q1 2022 in Review
76 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q1 2022, worth a combined $55.9M — down 36% from $88M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of FAS and 17 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 15 added.
The largest buyer was Jane Street, adding an estimated $4.7M. The largest seller was Wolverine Trading, exiting entirely with an estimated $11.3M sold.
- 76 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q1 2022, down from 79 in Q4 2021.
- Funds reported $55.9M of Direxion Daily Financial Bull 3x ETF stock for Q1 2022, down 36% quarter-over-quarter.
- 17 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q1 2022 and 20 closed out, a net change of -3 holders.
- The largest Direxion Daily Financial Bull 3x ETF buyer in Q1 2022 was Jane Street, an estimated $4.7M added.
- The largest Direxion Daily Financial Bull 3x ETF seller in Q1 2022 was Wolverine Trading, an estimated $11.3M sold.
Based on aggregated 13F filings for Q1 2022.