Direxion Daily Financial Bull 3x ETF
36 hedge funds and large institutions have $96.9M invested in Direxion Daily Financial Bull 3x ETF in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 14 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
1.41% more ownership
Funds ownership: 6.68% → 8.08% (+1.4%)
5% more capital invested
Capital invested by funds: $92.4M → $96.9M (+$4.47M)
20% less call options, than puts
Call options by funds: $72.5M | Put options by funds: $91M
22% less funds holding
Funds holding: 46 → 36 (-10)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
64% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$18.1M |
| 2 |
Jane Street
New York
|
+$6.09M |
| 3 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$4.85M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.81M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$1.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EWA
Exencial Wealth Advisors
Oklahoma City,
Oklahoma
|
-$7.09M |
| 2 |
JG
Jefferies Group
New York
|
-$4.71M |
| 3 |
Morgan Stanley
New York
|
-$3.51M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.24M |
| 5 |
CG
Cutler Group
San Francisco,
California
|
-$1.85M |
FAS Hedge Fund Activity: Q1 2016 in Review
36 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q1 2016, worth a combined $96.9M — up 4.8% from $92.4M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of FAS and 5 opened new positions — a net loss of 9 holders — while 10 trimmed existing stakes and 11 added.
The largest buyer was Goldman Sachs, adding an estimated $18.1M. The largest seller was Exencial Wealth Advisors, exiting entirely with an estimated $7.09M sold.
- 36 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q1 2016, down from 46 in Q4 2015.
- Funds reported $96.9M of Direxion Daily Financial Bull 3x ETF stock for Q1 2016, up 4.8% quarter-over-quarter.
- 5 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q1 2016 and 14 closed out, a net change of -9 holders.
- The largest Direxion Daily Financial Bull 3x ETF buyer in Q1 2016 was Goldman Sachs, an estimated $18.1M added.
- The largest Direxion Daily Financial Bull 3x ETF seller in Q1 2016 was Exencial Wealth Advisors, an estimated $7.09M sold.
Based on aggregated 13F filings for Q1 2016.