Direxion Daily Financial Bull 3x ETF
52 hedge funds and large institutions have $67M invested in Direxion Daily Financial Bull 3x ETF in 2018 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 11 increasing their positions, 14 reducing their positions, and 19 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
6% more capital invested
Capital invested by funds: $63.1M → $67M (+$3.86M)
1.71% more ownership
Funds ownership: 3.63% → 5.35% (+1.7%)
2% more call options, than puts
Call options by funds: $69.4M | Put options by funds: $68.3M
10% less funds holding
Funds holding: 58 → 52 (-6)
21% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 14
26% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$9.85M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$6.66M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$6.18M |
| 4 |
HJMC
Hellman Jordan Management Company
Quincy,
Massachusetts
|
+$5.76M |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$3.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.25M |
| 2 |
EWA
Exencial Wealth Advisors
Oklahoma City,
Oklahoma
|
-$2.65M |
| 3 |
Morgan Stanley
New York
|
-$1.16M |
| 4 |
CG
Cutler Group
San Francisco,
California
|
-$673K |
| 5 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$617K |
FAS Hedge Fund Activity: Q4 2018 in Review
52 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q4 2018, worth a combined $67M — up 6.1% from $63.1M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of FAS and 14 opened new positions — a net loss of 5 holders — while 14 trimmed existing stakes and 11 added.
The largest buyer was Citadel Advisors, adding an estimated $9.85M. The largest seller was Envestnet Asset Management, cutting an estimated $3.25M.
- 52 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q4 2018, down from 58 in Q3 2018.
- Funds reported $67M of Direxion Daily Financial Bull 3x ETF stock for Q4 2018, up 6.1% quarter-over-quarter.
- 14 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q4 2018 and 19 closed out, a net change of -5 holders.
- The largest Direxion Daily Financial Bull 3x ETF buyer in Q4 2018 was Citadel Advisors, an estimated $9.85M added.
- The largest Direxion Daily Financial Bull 3x ETF seller in Q4 2018 was Envestnet Asset Management, an estimated $3.25M sold.
Based on aggregated 13F filings for Q4 2018.