Direxion Daily Financial Bull 3x ETF
69 hedge funds and large institutions have $90.7M invested in Direxion Daily Financial Bull 3x ETF in 2024 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 18 increasing their positions, 15 reducing their positions, and 12 closing their positions.
87% more call options, than puts
Call options by funds: $173M | Put options by funds: $92.4M
36% more capital invested
Capital invested by funds: $66.8M → $90.7M (+$23.9M)
20% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 15
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
0.38% more ownership
Funds ownership: 3.24% → 3.61% (+0.38%)
0% more funds holding
Funds holding: 69 → 69 (0)
Top Buyers
| 1 |
Simplex Trading
Chicago,
Illinois
|
+$9.23M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$6.64M |
| 3 |
HF
HRT Financial
New York
|
+$2.02M |
| 4 |
DSCM
Del-Sette Capital Management
Schenectady,
New York
|
+$1.76M |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
+$1.72M |
Top Sellers
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$7.76M |
| 2 |
Morgan Stanley
New York
|
-$4.25M |
| 3 |
GS
GTS Securities
New York
|
-$2.28M |
| 4 |
Squarepoint
New York
|
-$2.24M |
| 5 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
-$1.78M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
76
Virtu Financial
New York
| – | -$622K | -7,529 | Closed |
|
77
Pathstone Holdings
Englewood,
New Jersey
| – | -$454K | -5,495 | Closed |
|
|
CICI
78
Capital Investment Counsel Inc
Raleigh,
North Carolina
| – | -$231K | -2,800 | Closed |
|
|
CG
79
Cutler Group
San Francisco,
California
| – | -$74.5K | -793 | Closed |
|
|
AA
80
AlphaMark Advisors
Ft. Wright,
Kentucky
| – | -$29K | -355 | Closed |
|
|
GI
81
Gradient Investments
Arden Hills,
Minnesota
| – | -$21.2K | -257 | Closed |
|
|
ASN
82
Advisory Services Network
Atlanta,
Georgia
| – | -$11K | -133 | Closed |
|
FAS Hedge Fund Activity: Q1 2024 in Review
69 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q1 2024, worth a combined $90.7M — up 36% from $66.8M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FAS positions and 12 closed out — a net gain of 1 holder — while 18 added to existing stakes and 15 trimmed.
The largest buyer was Simplex Trading, adding an estimated $9.23M. The largest seller was Susquehanna International Group, cutting an estimated $7.76M.
- 69 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q1 2024, unchanged from Q4 2023.
- Funds reported $90.7M of Direxion Daily Financial Bull 3x ETF stock for Q1 2024, up 36% quarter-over-quarter.
- 13 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q1 2024 and 12 closed out, a net change of +1 holder.
- The largest Direxion Daily Financial Bull 3x ETF buyer in Q1 2024 was Simplex Trading, an estimated $9.23M added.
- The largest Direxion Daily Financial Bull 3x ETF seller in Q1 2024 was Susquehanna International Group, an estimated $7.76M sold.
Based on aggregated 13F filings for Q1 2024.