Direxion Daily Financial Bull 3x ETF
56 hedge funds and large institutions have $85.9M invested in Direxion Daily Financial Bull 3x ETF in 2019 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 8 increasing their positions, 16 reducing their positions, and 13 closing their positions.
68% more capital invested
Capital invested by funds: $51.1M → $85.9M (+$34.8M)
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
4% more funds holding
Funds holding: 54 → 56 (+2)
1.78% more ownership
Funds ownership: 3.84% → 5.62% (+1.8%)
25% less call options, than puts
Call options by funds: $111M | Put options by funds: $149M
50% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$30.5M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$4.8M |
| 3 |
Jane Street
New York
|
+$3.18M |
| 4 |
VF
Virtu Financial
New York
|
+$1.58M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$8.35M |
| 2 |
BFG
Bouchey Financial Group
Troy,
New York
|
-$4.83M |
| 3 |
HIS
Harvest Investment Services
Oakbrook Terrace,
Illinois
|
-$1.65M |
| 4 |
NAM
Nexpoint Asset Management
Dallas,
Texas
|
-$1.05M |
| 5 |
Renaissance Technologies
New York
|
-$1.02M |
FAS Hedge Fund Activity: Q4 2019 in Review
56 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q4 2019, worth a combined $85.9M — up 68% from $51.1M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FAS positions and 13 closed out — a net gain of 2 holders — while 8 added to existing stakes and 16 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $30.5M. The largest seller was Susquehanna International Group, cutting an estimated $8.35M.
- 56 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q4 2019, up from 54 in Q3 2019.
- Funds reported $85.9M of Direxion Daily Financial Bull 3x ETF stock for Q4 2019, up 68% quarter-over-quarter.
- 15 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q4 2019 and 13 closed out, a net change of +2 holders.
- The largest Direxion Daily Financial Bull 3x ETF buyer in Q4 2019 was Citadel Advisors, an estimated $30.5M added.
- The largest Direxion Daily Financial Bull 3x ETF seller in Q4 2019 was Susquehanna International Group, an estimated $8.35M sold.
Based on aggregated 13F filings for Q4 2019.