Direxion Daily Financial Bull 3x ETF
43 hedge funds and large institutions have $76.5M invested in Direxion Daily Financial Bull 3x ETF in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 17 reducing their positions, and 6 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
0% more funds holding
Funds holding: 43 → 43 (0)
0.3% less ownership
Funds ownership: 7.52% → 7.22% (-0.3%)
6% less capital invested
Capital invested by funds: $81.6M → $76.5M (-$5.02M)
23% less call options, than puts
Call options by funds: $119M | Put options by funds: $154M
53% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$2.87M |
| 2 |
Barclays
London,
United Kingdom
|
+$2.53M |
| 3 |
Morgan Stanley
New York
|
+$2.02M |
| 4 |
CG
Cutler Group
San Francisco,
California
|
+$2.01M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$7.17M |
| 2 |
Jane Street
New York
|
-$4.72M |
| 3 |
BFG
Bouchey Financial Group
Troy,
New York
|
-$3.26M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$3M |
| 5 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
-$2.29M |
FAS Hedge Fund Activity: Q3 2016 in Review
43 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q3 2016, worth a combined $76.5M — down 6.2% from $81.6M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FAS positions and 6 closed out — a net gain of 1 holder — while 8 added to existing stakes and 17 trimmed.
The largest buyer was Citigroup, opening a new position worth an estimated $2.87M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $7.17M.
- 43 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q3 2016, unchanged from Q2 2016.
- Funds reported $76.5M of Direxion Daily Financial Bull 3x ETF stock for Q3 2016, down 6.2% quarter-over-quarter.
- 7 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q3 2016 and 6 closed out, a net change of +1 holder.
- The largest Direxion Daily Financial Bull 3x ETF buyer in Q3 2016 was Citigroup, an estimated $2.87M added.
- The largest Direxion Daily Financial Bull 3x ETF seller in Q3 2016 was BNP Paribas Financial Markets, an estimated $7.17M sold.
Based on aggregated 13F filings for Q3 2016.