Direxion Daily Financial Bull 3x ETF
58 hedge funds and large institutions have $63.1M invested in Direxion Daily Financial Bull 3x ETF in 2018 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 18 reducing their positions, and 11 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.11% less ownership
Funds ownership: 3.74% → 3.63% (-0.11%)
5% less funds holding
Funds holding: 61 → 58 (-3)
8% less capital invested
Capital invested by funds: $68.7M → $63.1M (-$5.59M)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
28% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 18
35% less call options, than puts
Call options by funds: $112M | Put options by funds: $171M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.76M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$815K |
| 3 |
Jane Street
New York
|
+$593K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$557K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$390K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
-$4.5M |
| 2 |
Two Sigma Advisers
New York
|
-$4.28M |
| 3 |
BFG
Bouchey Financial Group
Troy,
New York
|
-$3.29M |
| 4 |
Barclays
London,
United Kingdom
|
-$1.45M |
| 5 |
Two Sigma Investments
New York
|
-$1.05M |
FAS Hedge Fund Activity: Q3 2018 in Review
58 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q3 2018, worth a combined $63.1M — down 8.1% from $68.7M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FAS and 8 opened new positions — a net loss of 3 holders — while 18 trimmed existing stakes and 13 added.
The largest buyer was Credit Suisse, adding an estimated $2.76M. The largest seller was Wolverine Trading, cutting an estimated $4.5M.
- 58 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q3 2018, down from 61 in Q2 2018.
- Funds reported $63.1M of Direxion Daily Financial Bull 3x ETF stock for Q3 2018, down 8.1% quarter-over-quarter.
- 8 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q3 2018 and 11 closed out, a net change of -3 holders.
- The largest Direxion Daily Financial Bull 3x ETF buyer in Q3 2018 was Credit Suisse, an estimated $2.76M added.
- The largest Direxion Daily Financial Bull 3x ETF seller in Q3 2018 was Wolverine Trading, an estimated $4.5M sold.
Based on aggregated 13F filings for Q3 2018.