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Direxion Daily Financial Bull 3x ETF

78 hedge funds and large institutions have $130M invested in Direxion Daily Financial Bull 3x ETF in 2024 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 16 increasing their positions, 19 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

180% more call options, than puts

Call options by funds: $389M | Put options by funds: $139M

28% more capital invested

Capital invested by funds: $102M → $130M (+$28.7M)

14% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 14

1% more funds holding

Funds holding: 7778 (+1)

1.01% more ownership

Funds ownership: 4.16%5.17% (+1%)

16% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 19

Holders
78
Holders Change
+1
Holders Change %
+1.3%
% of All Funds
1.03%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
16
Increased
16
Reduced
19
Closed
14
Calls
$389M
Puts
$139M
Net Calls
+$250M
Net Calls Change
+$40.9M
Name Holding Trade Value Shares
Change
Change in
Stake
QC
1
Quadrature Capital
United Kingdom
$23.4M +$21.2M +137,664 +784%
Simplex Trading
2
Simplex Trading
Illinois
$20.2M -$3.13M -20,304 -13%
Wolverine Trading
3
Wolverine Trading
Illinois
$15.3M +$5.41M +35,133 +53%
Squarepoint
4
Squarepoint
New York
$10.1M +$6.95M +45,105 +206%
Susquehanna International Group
5
Susquehanna International Group
Pennsylvania
$7.57M +$3.31M +21,488 +75%
TRCT
6
Tower Research Capital (TRC)
New York
$6.44M +$6.46M +41,933 +5,659%
Group One Trading
7
Group One Trading
Illinois
$6M +$6.13M +39,759 New
CIBC Private Wealth Group
8
CIBC Private Wealth Group
Georgia
$5.64M
Morgan Stanley
9
Morgan Stanley
New York
$4.55M -$2.42M -15,723 -34%
AC
10
Avestar Capital
New York
$4.18M +$4.28M +27,777 New
GS
11
GTS Securities
New York
$3.81M -$19.9M -129,150 -84%
CIA
12
Capital Investment Advisors
Georgia
$3.21M -$14.8K -96 -0.4%
TFA
13
Toth Financial Advisory
Virginia
$1.88M -$143K -928 -7%
PNC Financial Services Group
14
PNC Financial Services Group
Pennsylvania
$1.23M
LPL Financial
15
LPL Financial
California
$933K -$62.4K -405 -6%
MSFP
16
Mark Sheptoff Financial Planning
Connecticut
$906K
Bank of America
17
Bank of America
North Carolina
$889K -$462K -3,000 -34%
PCMF
18
Private Capital Management (Florida)
Florida
$830K
RC
19
Rovin Capital
Arizona
$824K -$13.3K -86 -2%
SBIA
20
Sheaff Brock Investment Advisors
Indiana
$766K +$2.93K +19 +0.4%
Janney Montgomery Scott
21
Janney Montgomery Scott
Pennsylvania
$678K
SS
22
SBI Securities
Japan
$669K +$683K +4,430 New
CAPTRUST Financial Advisors
23
CAPTRUST Financial Advisors
North Carolina
$621K -$125K -810 -16%
Commonwealth Equity Services
24
Commonwealth Equity Services
Massachusetts
$609K -$32.8K -213 -5%
HWM
25
Horizon Wealth Management
Illinois
$545K

FAS Hedge Fund Activity: Q4 2024 in Review

78 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bull 3x ETF (FAS) for Q4 2024, worth a combined $130M — up 28% from $102M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new FAS positions and 14 closed out — a net gain of 2 holders — while 16 added to existing stakes and 19 trimmed.

The largest buyer was Quadrature Capital, adding an estimated $21.2M. The largest seller was GTS Securities, cutting an estimated $19.9M.

  • 78 institutional investors held Direxion Daily Financial Bull 3x ETF (FAS) as of Q4 2024, up from 77 in Q3 2024.
  • Funds reported $130M of Direxion Daily Financial Bull 3x ETF stock for Q4 2024, up 28% quarter-over-quarter.
  • 16 funds opened new Direxion Daily Financial Bull 3x ETF positions in Q4 2024 and 14 closed out, a net change of +2 holders.
  • The largest Direxion Daily Financial Bull 3x ETF buyer in Q4 2024 was Quadrature Capital, an estimated $21.2M added.
  • The largest Direxion Daily Financial Bull 3x ETF seller in Q4 2024 was GTS Securities, an estimated $19.9M sold.

Based on aggregated 13F filings for Q4 2024.