Direxion Daily Financial Bull 3x ETF
63 hedge funds and large institutions have $48.4M invested in Direxion Daily Financial Bull 3x ETF in 2022 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 17 increasing their positions, 10 reducing their positions, and 25 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 10
27% more call options, than puts
Call options by funds: $97.2M | Put options by funds: $76.6M
1.06% more ownership
Funds ownership: 1.9% → 2.96% (+1.1%)
13% less capital invested
Capital invested by funds: $55.9M → $48.4M (-$7.53M)
17% less funds holding
Funds holding: 76 → 63 (-13)
52% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 25
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
HF
HRT Financial
New York
|
+$14.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$8.2M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$6.24M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.34M |
| 5 |
XSC
X-Square Capital
Guaynabo,
Puerto Rico
|
+$2.16M |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$2.66M |
| 2 |
Jane Street
New York
|
-$2.64M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2.45M |
| 4 |
SCP
Silverleafe Capital Partners
Germantown,
Tennessee
|
-$1.8M |
| 5 |
IMC Chicago
Chicago,
Illinois
|
-$1.21M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FAM
76
Formidable Asset Management
Cincinnati,
Ohio
| – | -$271K | -2,304 | Closed |
|
|
RIA
77
Realta Investment Advisors
Wilmington,
Delaware
| – | -$268K | -2,282 | Closed |
|
|
MAM
78
Morse Asset Management
Darien,
Connecticut
| – | -$239K | -2,037 | Closed |
|
|
DI
79
Diligent Investors
Redlands,
California
| – | -$235K | -2,000 | Closed |
|
80
M&T Bank
Buffalo,
New York
| – | -$235K | -2,000 | Closed |
|
81
Goldman Sachs
New York
| – | -$229K | -1,952 | Closed |
|
|
MYIA
82
Mount Yale Investment Advisors
Denver,
Colorado
| – | -$221K | -1,880 | Closed |
|
|
C
83
Covestor
London,
United Kingdom
| – | -$168K | -1,429 | Closed |
|
84
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$12K | -100 | Closed |
|
|
EWA
85
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$7K | -61 | Closed |
|
86
Wells Fargo
San Francisco,
California
| – | +$85 | +1 | +100% |
|
87
Fidelity Investments
Boston,
Massachusetts
| – | +$340 | +4 | +400% |
|
FAS Hedge Fund Activity: Q2 2022 in Review
63 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q2 2022, worth a combined $48.4M — down 13% from $55.9M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of FAS and 12 opened new positions — a net loss of 13 holders — while 10 trimmed existing stakes and 17 added.
The largest buyer was HRT Financial, opening a new position worth an estimated $14.2M. The largest seller was Morgan Stanley, cutting an estimated $2.66M.
- 63 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q2 2022, down from 76 in Q1 2022.
- Funds reported $48.4M of Direxion Daily Financial Bull 3x ETF stock for Q2 2022, down 13% quarter-over-quarter.
- 12 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q2 2022 and 25 closed out, a net change of -13 holders.
- The largest Direxion Daily Financial Bull 3x ETF buyer in Q2 2022 was HRT Financial, an estimated $14.2M added.
- The largest Direxion Daily Financial Bull 3x ETF seller in Q2 2022 was Morgan Stanley, an estimated $2.66M sold.
Based on aggregated 13F filings for Q2 2022.