Direxion Daily Financial Bull 3x ETF
61 hedge funds and large institutions have $68.7M invested in Direxion Daily Financial Bull 3x ETF in 2018 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 18 increasing their positions, 14 reducing their positions, and 15 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 14
0.64% less ownership
Funds ownership: 4.38% → 3.74% (-0.64%)
5% less funds holding
Funds holding: 64 → 61 (-3)
13% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 15
16% less capital invested
Capital invested by funds: $81.9M → $68.7M (-$13.2M)
47% less call options, than puts
Call options by funds: $82.7M | Put options by funds: $155M
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Advisers
New York
|
+$4.46M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$2.26M |
| 3 |
Two Sigma Investments
New York
|
+$1.09M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.07M |
| 5 |
Morgan Stanley
New York
|
+$907K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.52M |
| 2 |
MSFP
Mark Sheptoff Financial Planning
Glastonbury,
Connecticut
|
-$2.99M |
| 3 |
Citigroup
New York
|
-$2.95M |
| 4 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
-$1.93M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.9M |
FAS Hedge Fund Activity: Q2 2018 in Review
61 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q2 2018, worth a combined $68.7M — down 16% from $81.9M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of FAS and 13 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 18 added.
The largest buyer was Two Sigma Advisers, opening a new position worth an estimated $4.46M. The largest seller was Jane Street, exiting entirely with an estimated $3.52M sold.
- 61 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q2 2018, down from 64 in Q1 2018.
- Funds reported $68.7M of Direxion Daily Financial Bull 3x ETF stock for Q2 2018, down 16% quarter-over-quarter.
- 13 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q2 2018 and 15 closed out, a net change of -2 holders.
- The largest Direxion Daily Financial Bull 3x ETF buyer in Q2 2018 was Two Sigma Advisers, an estimated $4.46M added.
- The largest Direxion Daily Financial Bull 3x ETF seller in Q2 2018 was Jane Street, an estimated $3.52M sold.
Based on aggregated 13F filings for Q2 2018.