Direxion Daily Financial Bull 3x ETF
49 hedge funds and large institutions have $89.8M invested in Direxion Daily Financial Bull 3x ETF in 2015 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 7 closing their positions.
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
7% more funds holding
Funds holding: 46 → 49 (+3)
11.37% less ownership
Funds ownership: 39.31% → 27.94% (-11%)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
31% less call options, than puts
Call options by funds: $204M | Put options by funds: $295M
36% less capital invested
Capital invested by funds: $140M → $89.8M (-$50.4M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.13M |
| 2 |
Barclays
London,
United Kingdom
|
+$1.62M |
| 3 |
Morgan Stanley
New York
|
+$1.52M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$1.38M |
| 5 |
Millennium Management
New York
|
+$990K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$37.3M |
| 2 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
-$6.09M |
| 3 |
Two Sigma Investments
New York
|
-$3M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.67M |
| 5 |
VF
Virtu Financial
New York
|
-$2.06M |
FAS Hedge Fund Activity: Q1 2015 in Review
49 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q1 2015, worth a combined $89.8M — down 36% from $140M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FAS positions and 7 closed out — a net gain of 4 holders — while 10 added to existing stakes and 13 trimmed.
The largest buyer was Jane Street, adding an estimated $2.13M. The largest seller was Susquehanna International Group, cutting an estimated $37.3M.
- 49 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q1 2015, up from 46 in Q4 2014.
- Funds reported $89.8M of Direxion Daily Financial Bull 3x ETF stock for Q1 2015, down 36% quarter-over-quarter.
- 11 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q1 2015 and 7 closed out, a net change of +4 holders.
- The largest Direxion Daily Financial Bull 3x ETF buyer in Q1 2015 was Jane Street, an estimated $2.13M added.
- The largest Direxion Daily Financial Bull 3x ETF seller in Q1 2015 was Susquehanna International Group, an estimated $37.3M sold.
Based on aggregated 13F filings for Q1 2015.