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Direxion Daily Financial Bull 3x ETF
FAS

57 hedge funds and large institutions have $78M invested in Direxion Daily Financial Bull 3x ETF in 2019 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 9 increasing their positions, 19 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 8

67% more call options, than puts

Call options by funds: $86M | Put options by funds: $51.4M

16% more capital invested

Capital invested by funds: $67M → $78M (+$11M)

10% more funds holding

Funds holding: 52 → 57 (+5)

0.08% more ownership

Funds ownership: 5.35% → 5.42% (+0.08%)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

53% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 19

Holders
57
Holders Change
+5
Holders Change %
+9.62%
% of All Funds
1.23%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.06%
New
14
Increased
9
Reduced
19
Closed
8
Calls
$86M
Puts
$51.4M
Net Calls
+$34.6M
Net Calls Change
+$33.5M

Top Buyers

1
Citadel Advisors
Citadel Advisors
Florida
+$1.48M
2
TSS
Two Sigma Securities
New York
+$690K
3
Deutsche Bank
Deutsche Bank
Germany
+$589K
4
SBIA
Sheaff Brock Investment Advisors
Indiana
+$585K
5
HIS
Harvest Investment Services
Illinois
+$414K

Top Sellers

1
Simplex Trading
Simplex Trading
Illinois
-$3.59M
2
TRCT
Tower Research Capital (TRC)
New York
-$3.11M
3
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$2.97M
4
CS
Credit Suisse
Switzerland
-$2.24M
5
Barclays
Barclays
United Kingdom
-$1.89M
Name Holding Trade Value Shares
Change 		Change in
Stake
Citadel Advisors
1
Citadel Advisors
Florida
$15M +$1.48M +25,470 +12%
EWA
2
Exencial Wealth Advisors
Oklahoma
$10.3M – – –
BFG
3
Bouchey Financial Group
New York
$8.18M -$61.2K -1,051 -0.8%
RIA
4
RPG Investment Advisory
California
$7.21M -$137K -2,350 -2%
HJMC
5
Hellman Jordan Management Company
Massachusetts
$6.19M – – –
HIS
6
Harvest Investment Services
Illinois
$4.88M +$414K +7,107 +10%
CS
7
Credit Suisse
Switzerland
$4.24M -$2.24M -38,387 -36%
Susquehanna International Group
8
Susquehanna International Group
Pennsylvania
$4M -$2.97M -50,933 -44%
TRCT
9
Tower Research Capital (TRC)
New York
$3.35M -$3.11M -53,434 -50%
CBU
10
CIBC Bank USA
Illinois
$2.22M +$11.1K +190 +0.5%
Envestnet Asset Management
11
Envestnet Asset Management
Illinois
$1.19M -$203K -3,480 -15%
BCWM
12
Blue Chip Wealth Management
Florida
$1.04M +$131K +2,245 +15%
CA
13
Commerzbank Aktiengesellschaft
Germany
$749K -$26.4K -454 -4%
SCM
14
SOL Capital Management
Maryland
$742K – – –
TSS
15
Two Sigma Securities
New York
$733K +$690K +11,851 New
Deutsche Bank
16
Deutsche Bank
Germany
$626K +$589K +10,122 New
SBIA
17
Sheaff Brock Investment Advisors
Indiana
$621K +$585K +10,043 New
MCM
18
Mainstay Capital Management
Michigan
$577K -$247K -4,246 -31%
TPWA
19
TRUE Private Wealth Advisors
Oregon
$497K +$2.39K +41 +0.5%
CC
20
Chicago Capital
Illinois
$445K – – –
VF
21
Virtu Financial
New York
$444K +$144K +2,479 +53%
Goldman Sachs
22
Goldman Sachs
New York
$397K +$374K +6,420 New
MSFP
23
Mark Sheptoff Financial Planning
Connecticut
$393K – – –
LPL Financial
24
LPL Financial
California
$390K +$367K +6,306 New
WAM
25
Wolverine Asset Management
Illinois
$337K -$149K -2,554 -32%
1
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FAS Hedge Fund Activity: Q1 2019 in Review

57 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q1 2019, worth a combined $78M — up 16% from $67M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new FAS positions and 8 closed out — a net gain of 6 holders — while 9 added to existing stakes and 19 trimmed.

The largest buyer was Citadel Advisors, adding an estimated $1.48M. The largest seller was Simplex Trading, cutting an estimated $3.59M.

  • 57 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q1 2019, up from 52 in Q4 2018.
  • Funds reported $78M of Direxion Daily Financial Bull 3x ETF stock for Q1 2019, up 16% quarter-over-quarter.
  • 14 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q1 2019 and 8 closed out, a net change of +6 holders.
  • The largest Direxion Daily Financial Bull 3x ETF buyer in Q1 2019 was Citadel Advisors, an estimated $1.48M added.
  • The largest Direxion Daily Financial Bull 3x ETF seller in Q1 2019 was Simplex Trading, an estimated $3.59M sold.

Based on aggregated 13F filings for Q1 2019.