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Direxion Daily Financial Bull 3x ETF
FAS

64 hedge funds and large institutions have $55.3M invested in Direxion Daily Financial Bull 3x ETF in 2020 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 13 increasing their positions, 17 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

35% more call options, than puts

Call options by funds: $123M | Put options by funds: $91.1M

21% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 14

5% more funds holding

Funds holding: 61 → 64 (+3)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

0.26% less ownership

Funds ownership: 4.15% → 3.89% (-0.26%)

12% less capital invested

Capital invested by funds: $62.7M → $55.3M (-$7.46M)

24% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 17

Holders
64
Holders Change
+3
Holders Change %
+4.92%
% of All Funds
1.29%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
17
Increased
13
Reduced
17
Closed
14
Calls
$123M
Puts
$91.1M
Net Calls
+$32.3M
Net Calls Change
-$9.92M

Top Buyers

1
TRCT
Tower Research Capital (TRC)
New York
+$4.71M
2
CIBC Private Wealth Group
CIBC Private Wealth Group
Georgia
+$1.31M
3
Simplex Trading
Simplex Trading
Illinois
+$1.26M
4
LC
Lindbrook Capital
California
+$1.18M
5
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$1.06M

Top Sellers

1
Citadel Advisors
Citadel Advisors
Florida
-$8.44M
2
TCM
Thames Capital Management
New Jersey
-$6.39M
3
EAM
Eagle Asset Management
Florida
-$2.21M
4
HJMC
Hellman Jordan Management Company
Massachusetts
-$1.76M
5
CG
Cutler Group
California
-$1.19M
Name Holding Trade Value Shares
Change 		Change in
Stake
HJMC
1
Hellman Jordan Management Company
Massachusetts
$8.55M -$1.76M -49,437 -16%
Citadel Advisors
2
Citadel Advisors
Florida
$7.84M -$8.44M -237,016 -51%
HF
3
HRT Financial
New York
$7.02M -$912K -25,584 -11%
TRCT
4
Tower Research Capital (TRC)
New York
$4.97M +$4.71M +132,104 +898%
Jane Street
5
Jane Street
New York
$3.8M +$44.9K +1,261 +1%
Citigroup
6
Citigroup
New York
$3.42M +$20.5K +576 +0.6%
Simplex Trading
7
Simplex Trading
Illinois
$2.42M +$1.26M +35,266 +97%
CS
8
Credit Suisse
Switzerland
$1.89M +$367K +10,311 +23%
XSC
9
X-Square Capital
Puerto Rico
$1.49M +$691K +19,385 +79%
CIBC Private Wealth Group
10
CIBC Private Wealth Group
Georgia
$1.15M +$1.31M +36,860 New
LC
11
Lindbrook Capital
California
$1.12M +$1.18M +33,008 New
Susquehanna International Group
12
Susquehanna International Group
Pennsylvania
$1.01M +$1.06M +29,758 New
CG
13
Cutler Group
California
$994K -$1.19M -33,519 -53%
CIA
14
Capital Investment Advisors
Georgia
$913K -$534 -15 -0.1%
VF
15
Virtu Financial
New York
$776K +$816K +22,905 New
BCWM
16
Blue Chip Wealth Management
Florida
$732K -$4.1K -115 -0.5%
RIA
17
Realta Investment Advisors
Delaware
$504K -$57.9K -1,625 -10%
Mariner
18
Mariner
Kansas
$469K +$494K +13,858 New
MMA
19
Miracle Mile Advisors
California
$413K -$4.99K -140 -1%
SAM
20
SP Asset Management
California
$413K +$376K +10,557 New
SCM
21
SOL Capital Management
Maryland
$406K – – –
Creative Planning
22
Creative Planning
Kansas
$402K -$600K -16,842 -59%
PCA
23
Providence Capital Advisors
North Carolina
$390K +$17.8K +500 +5%
SG Americas Securities
24
SG Americas Securities
New York
$350K -$469K -13,153 -56%
FI
25
FormulaFolio Investments
Michigan
$339K -$35.6K -1,000 -9%
1
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FAS Hedge Fund Activity: Q3 2020 in Review

64 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q3 2020, worth a combined $55.3M — down 12% from $62.7M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new FAS positions and 14 closed out — a net gain of 3 holders — while 13 added to existing stakes and 17 trimmed.

The largest buyer was Tower Research Capital (TRC), adding an estimated $4.71M. The largest seller was Citadel Advisors, cutting an estimated $8.44M.

  • 64 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q3 2020, up from 61 in Q2 2020.
  • Funds reported $55.3M of Direxion Daily Financial Bull 3x ETF stock for Q3 2020, down 12% quarter-over-quarter.
  • 17 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q3 2020 and 14 closed out, a net change of +3 holders.
  • The largest Direxion Daily Financial Bull 3x ETF buyer in Q3 2020 was Tower Research Capital (TRC), an estimated $4.71M added.
  • The largest Direxion Daily Financial Bull 3x ETF seller in Q3 2020 was Citadel Advisors, an estimated $8.44M sold.

Based on aggregated 13F filings for Q3 2020.