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Direxion Daily Financial Bull 3x ETF
FAS

55 hedge funds and large institutions have $36M invested in Direxion Daily Financial Bull 3x ETF in 2022 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 15 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

64% more call options, than puts

Call options by funds: $71.5M | Put options by funds: $43.5M

0% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 15

0.48% less ownership

Funds ownership: 2.96% → 2.48% (-0.48%)

13% less funds holding

Funds holding: 63 → 55 (-8)

26% less capital invested

Capital invested by funds: $48.4M → $36M (-$12.3M)

62% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 13

Holders
55
Holders Change
-8
Holders Change %
-12.7%
% of All Funds
0.95%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
5
Increased
15
Reduced
15
Closed
13
Calls
$71.5M
Puts
$43.5M
Net Calls
+$28M
Net Calls Change
+$7.38M

Top Buyers

Rank Fund Capital Flow
1
Jane Street
Jane Street
New York
+$2.63M
2
VF
Virtu Financial
New York
+$1.21M
3
CS
Credit Suisse
Switzerland
+$858K
4
Citadel Advisors
Citadel Advisors
Florida
+$815K
5
Bank of America
Bank of America
North Carolina
+$625K

Top Sellers

Rank Fund Capital Flow
1
HF
HRT Financial
New York
-$9.21M
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$1.22M
3
XSC
X-Square Capital
Puerto Rico
-$746K
4
TRCT
Tower Research Capital (TRC)
New York
-$718K
5
SBIA
Sheaff Brock Investment Advisors
Indiana
-$638K
Name Holding Trade Value Shares
Change 		Change in
Stake
Citadel Advisors
1
Citadel Advisors
Florida
$5.84M +$815K +11,340 +12%
CS
2
Credit Suisse
Switzerland
$5.33M +$858K +11,940 +14%
Susquehanna International Group
3
Susquehanna International Group
Pennsylvania
$3.76M -$1.22M -16,985 -20%
Jane Street
4
Jane Street
New York
$3.16M +$2.63M +36,600 +168%
HF
5
HRT Financial
New York
$2.11M -$9.21M -128,154 -77%
CIBC Private Wealth Group
6
CIBC Private Wealth Group
Georgia
$2M – – –
SCA
7
Snowden Capital Advisors
New York
$1.95M – – –
VF
8
Virtu Financial
New York
$1.43M +$1.21M +16,774 +175%
CIA
9
Capital Investment Advisors
Georgia
$1.33M -$28.7K -400 -2%
Bank of America
10
Bank of America
North Carolina
$1.12M +$625K +8,703 +73%
AWM
11
Apollon Wealth Management
South Carolina
$1.05M -$142K -1,983 -9%
CG
12
Cutler Group
California
$1.01M +$55.5K +773 +4%
XSC
13
X-Square Capital
Puerto Rico
$813K -$746K -10,383 -41%
SCM
14
SOL Capital Management
Maryland
$651K – – –
SAM
15
SP Asset Management
California
$572K – – –
Simplex Trading
16
Simplex Trading
Illinois
$467K +$619K +8,619 New
MSFP
17
Mark Sheptoff Financial Planning
Connecticut
$325K – – –
EWA
18
Exencial Wealth Advisors
Oklahoma
$324K – – –
UCFA
19
United Capital Financial Advisors
Texas
$319K -$35.8K -498 -8%
PCMF
20
Private Capital Management (Florida)
Florida
$298K +$395K +5,500 New
Qube Research & Technologies (QRT)
21
Qube Research & Technologies (QRT)
United Kingdom
$289K +$249K +3,461 +184%
LPL Financial
22
LPL Financial
California
$275K -$1.15K -16 -0.3%
BCM
23
Brookstone Capital Management
Illinois
$269K – – –
Citigroup
24
Citigroup
New York
$266K +$216K +3,000 +158%
Morgan Stanley
25
Morgan Stanley
New York
$260K -$14.8K -206 -4%
1
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FAS Hedge Fund Activity: Q3 2022 in Review

55 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q3 2022, worth a combined $36M — down 26% from $48.4M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of FAS and 5 opened new positions — a net loss of 8 holders — while 15 trimmed existing stakes and 15 added.

The largest buyer was Jane Street, adding an estimated $2.63M. The largest seller was HRT Financial, cutting an estimated $9.21M.

  • 55 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q3 2022, down from 63 in Q2 2022.
  • Funds reported $36M of Direxion Daily Financial Bull 3x ETF stock for Q3 2022, down 26% quarter-over-quarter.
  • 5 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q3 2022 and 13 closed out, a net change of -8 holders.
  • The largest Direxion Daily Financial Bull 3x ETF buyer in Q3 2022 was Jane Street, an estimated $2.63M added.
  • The largest Direxion Daily Financial Bull 3x ETF seller in Q3 2022 was HRT Financial, an estimated $9.21M sold.

Based on aggregated 13F filings for Q3 2022.