Direxion Daily Financial Bull 3x ETF
68 hedge funds and large institutions have $99.5M invested in Direxion Daily Financial Bull 3x ETF in 2020 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 10 increasing their positions, 18 reducing their positions, and 9 closing their positions.
80% more capital invested
Capital invested by funds: $55.3M → $99.5M (+$44.3M)
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
57% more call options, than puts
Call options by funds: $302M | Put options by funds: $192M
6% more funds holding
Funds holding: 64 → 68 (+4)
0.61% more ownership
Funds ownership: 3.89% → 4.51% (+0.61%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
44% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$8.29M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
+$5.13M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.58M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$2.43M |
| 5 |
VF
Virtu Financial
New York
|
+$2.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HJMC
Hellman Jordan Management Company
Quincy,
Massachusetts
|
-$6.83M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$3.61M |
| 3 |
Citigroup
New York
|
-$2.82M |
| 4 |
HF
HRT Financial
New York
|
-$2.47M |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$2.06M |
FAS Hedge Fund Activity: Q4 2020 in Review
68 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q4 2020, worth a combined $99.5M — up 80% from $55.3M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FAS positions and 9 closed out — a net gain of 6 holders — while 10 added to existing stakes and 18 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $8.29M. The largest seller was Hellman Jordan Management Company, cutting an estimated $6.83M.
- 68 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q4 2020, up from 64 in Q3 2020.
- Funds reported $99.5M of Direxion Daily Financial Bull 3x ETF stock for Q4 2020, up 80% quarter-over-quarter.
- 15 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q4 2020 and 9 closed out, a net change of +6 holders.
- The largest Direxion Daily Financial Bull 3x ETF buyer in Q4 2020 was Susquehanna International Group, an estimated $8.29M added.
- The largest Direxion Daily Financial Bull 3x ETF seller in Q4 2020 was Hellman Jordan Management Company, an estimated $6.83M sold.
Based on aggregated 13F filings for Q4 2020.