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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.

New
Increased
Maintained
Reduced
Closed

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: 6461 (-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: 31 (-2)

Holders
61
Holders Change
-3
Holders Change %
-4.69%
% of All Funds
1.4%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.02%
New
13
Increased
18
Reduced
14
Closed
15
Calls
$82.7M
Puts
$155M
Net Calls
-$72.1M
Net Calls Change
-$33.7M
Name Holding Trade Value Shares
Change
Change in
Stake
EWA
1
Exencial Wealth Advisors
Oklahoma
$13.4M -$393 -6 -0%
BFG
2
Bouchey Financial Group
New York
$11.3M -$166K -2,539 -1%
RIA
3
RPG Investment Advisory
California
$8.43M +$596K +9,094 +7%
Envestnet Asset Management
4
Envestnet Asset Management
Illinois
$4.5M +$1.07M +16,367 +30%
Wolverine Trading
5
Wolverine Trading
Illinois
$4.29M
Two Sigma Advisers
6
Two Sigma Advisers
New York
$4.28M +$4.46M +68,000 New
CBU
7
CIBC Bank USA
Illinois
$2.21M +$152K +2,320 +7%
CS
8
Credit Suisse
Switzerland
$2.18M +$396K +6,043 +21%
Citadel Advisors
9
Citadel Advisors
Florida
$2.17M +$2.26M +34,471 New
Morgan Stanley
10
Morgan Stanley
New York
$1.49M +$907K +13,841 +142%
Barclays
11
Barclays
United Kingdom
$1.28M -$590K -9,002 -31%
MCM
12
Mainstay Capital Management
Michigan
$1.11M +$13.8K +210 +1%
BCWM
13
Blue Chip Wealth Management
Florida
$1.1M +$2.03K +31 +0.2%
Two Sigma Investments
14
Two Sigma Investments
New York
$1.05M +$1.09M +16,600 New
CG
15
Cutler Group
California
$943K -$1.5M -22,900 -60%
VEA
16
Virtus ETF Advisers
New York
$776K -$737K -11,246 -48%
SCM
17
SOL Capital Management
Maryland
$756K
MMA
18
Miracle Mile Advisors
California
$679K
TPWA
19
TRUE Private Wealth Advisors
Oregon
$628K +$26.7K +408 +4%
Citigroup
20
Citigroup
New York
$591K -$2.95M -45,000 -83%
FIM
21
Freedom Investment Management
Connecticut
$585K -$612K -9,333 -50%
CC
22
Chicago Capital
Illinois
$454K +$472K +7,200 New
MSFP
23
Mark Sheptoff Financial Planning
Connecticut
$378K -$2.99M -45,652 -88%
WAM
24
Wealthspire Advisors (Maryland)
Maryland
$368K +$918 +14 +0.2%
SBIA
25
Sheaff Brock Investment Advisors
Indiana
$318K +$1.97K +30 +0.6%

FAS Hedge Fund Activity: Q2 2018 in Review

61 of the 4,368 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.