Direxion Daily Financial Bull 3x ETF
36 hedge funds and large institutions have $160M invested in Direxion Daily Financial Bull 3x ETF in 2014 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 7 reducing their positions, and 15 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 7
44% more capital invested
Capital invested by funds: $111M → $160M (+$49.3M)
16.02% more ownership
Funds ownership: 35.39% → 51.41% (+16%)
16% less funds holding
Funds holding: 43 → 36 (-7)
28% less call options, than puts
Call options by funds: $263M | Put options by funds: $363M
47% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$13.3M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$12.9M |
| 3 |
Goldman Sachs
New York
|
+$12.8M |
| 4 |
EWA
Exencial Wealth Advisors
Oklahoma City,
Oklahoma
|
+$6.25M |
| 5 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$3.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DS
DRW Securities
Chicago,
Illinois
|
-$4.41M |
| 2 |
Citigroup
New York
|
-$4.29M |
| 3 |
SG Americas Securities
New York
|
-$2.89M |
| 4 |
VF
Virtu Financial
New York
|
-$1.87M |
| 5 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
-$1.72M |
FAS Hedge Fund Activity: Q1 2014 in Review
36 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q1 2014, worth a combined $160M — up 44% from $111M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of FAS and 8 opened new positions — a net loss of 7 holders — while 7 trimmed existing stakes and 14 added.
The largest buyer was Susquehanna International Group, adding an estimated $13.3M. The largest seller was DRW Securities, exiting entirely with an estimated $4.41M sold.
- 36 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q1 2014, down from 43 in Q4 2013.
- Funds reported $160M of Direxion Daily Financial Bull 3x ETF stock for Q1 2014, up 44% quarter-over-quarter.
- 8 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q1 2014 and 15 closed out, a net change of -7 holders.
- The largest Direxion Daily Financial Bull 3x ETF buyer in Q1 2014 was Susquehanna International Group, an estimated $13.3M added.
- The largest Direxion Daily Financial Bull 3x ETF seller in Q1 2014 was DRW Securities, an estimated $4.41M sold.
Based on aggregated 13F filings for Q1 2014.