Direxion Daily Financial Bull 3x ETF
67 hedge funds and large institutions have $53.8M invested in Direxion Daily Financial Bull 3x ETF in 2023 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 17 increasing their positions, 16 reducing their positions, and 13 closing their positions.
16% more call options, than puts
Call options by funds: $77.5M | Put options by funds: $66.6M
6% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 16
0% more funds holding
Funds holding: 67 → 67 (0)
0% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 13
1.8% less ownership
Funds ownership: 4.8% → 3% (-1.8%)
36% less capital invested
Capital invested by funds: $83.6M → $53.8M (-$29.8M)
Top Buyers
Top Sellers
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$12.4M |
| 2 |
HF
HRT Financial
New York
|
-$11.9M |
| 3 |
Jane Street
New York
|
-$8.94M |
| 4 |
Squarepoint
New York
|
-$5.92M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CTC
76
Central Trust Company
Jefferson City,
Missouri
| – | -$73.9K | -1,282 | Closed |
|
|
HT
77
Headlands Technologies
Chicago,
Illinois
| – | -$59.2K | -1,026 | Closed |
|
|
PH
78
Pinnacle Holdings
Tulsa,
Oklahoma
| – | -$17.4K | -302 | Closed |
|
|
ST
79
Sageworth Trust
Lancaster,
Pennsylvania
| – | -$2.83K | -49 | Closed |
|
|
ASN
80
Advisory Services Network
Atlanta,
Georgia
| – | -$1.28K | -22 | Closed |
|
81
Fidelity Investments
Boston,
Massachusetts
| – | -$58 | -1 | Closed |
|
FAS Hedge Fund Activity: Q2 2023 in Review
67 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q2 2023, worth a combined $53.8M — down 36% from $83.6M a quarter earlier.
Fund positioning in FAS was balanced in Q2 2023: 13 funds opened new positions, 13 closed out, 17 added to existing stakes and 16 trimmed.
The largest buyer was Credit Suisse, adding an estimated $1.08M. The largest seller was Susquehanna International Group, cutting an estimated $12.4M.
- 67 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q2 2023, unchanged from Q1 2023.
- Funds reported $53.8M of Direxion Daily Financial Bull 3x ETF stock for Q2 2023, down 36% quarter-over-quarter.
- 13 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q2 2023 and 13 closed out, a net change of 0 holders.
- The largest Direxion Daily Financial Bull 3x ETF buyer in Q2 2023 was Credit Suisse, an estimated $1.08M added.
- The largest Direxion Daily Financial Bull 3x ETF seller in Q2 2023 was Susquehanna International Group, an estimated $12.4M sold.
Based on aggregated 13F filings for Q2 2023.