Direxion Daily Financial Bear 3x ETF
FAZ was delisted on the 31st of July, 2026.
25 hedge funds and large institutions have $50M invested in Direxion Daily Financial Bear 3x ETF in 2017 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 5 closing their positions.
163% more call options, than puts
Call options by funds: $22M | Put options by funds: $8.35M
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
19% more funds holding
Funds holding: 21 → 25 (+4)
1% more capital invested
Capital invested by funds: $49.6M → $50M (+$418K)
0% more ownership
Funds ownership: 0.05% → 0.05% (+0%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$5.89M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.56M |
| 3 |
Citigroup
New York
|
+$3.13M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.74M |
| 5 |
Jane Street
New York
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$4.95M |
| 2 |
Two Sigma Investments
New York
|
-$2.78M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$2.48M |
| 4 |
VF
Virtu Financial
New York
|
-$888K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$746K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CLOS
26
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| $1K | – | – | – |
|
|
FDCDDQ
27
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $445 | – | – | – |
|
28
Walleye Trading
New York
| $194 | +$196K | +25 | New |
|
|
CS
29
Credit Suisse
Zurich,
Switzerland
| – | -$4.95M | -570 | Closed |
|
|
30
Two Sigma Investments
New York
| – | -$2.78M | -320 | Closed |
|
|
31
BNP Paribas Financial Markets
Paris,
France
| – | -$2.48M | -285 | Closed |
|
32
Barclays
London,
United Kingdom
| – | -$55K | -7 | Closed |
|
FAZ Hedge Fund Activity: Q1 2017 in Review
25 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bear 3x ETF (FAZ) for Q1 2017, worth a combined $50M — up 0.84% from $49.6M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FAZ positions and 5 closed out — a net gain of 4 holders — while 8 added to existing stakes and 6 trimmed.
The largest buyer was Amundi Asset Management US, opening a new position worth an estimated $5.89M. The largest seller was Credit Suisse, exiting entirely with an estimated $4.95M sold.
- 25 institutional investors held Direxion Daily Financial Bear 3x ETF (FAZ) as of Q1 2017, up from 21 in Q4 2016.
- Funds reported $50M of Direxion Daily Financial Bear 3x ETF stock for Q1 2017, up 0.84% quarter-over-quarter.
- 9 funds opened new Direxion Daily Financial Bear 3x ETF positions in Q1 2017 and 5 closed out, a net change of +4 holders.
- The largest Direxion Daily Financial Bear 3x ETF buyer in Q1 2017 was Amundi Asset Management US, an estimated $5.89M added.
- The largest Direxion Daily Financial Bear 3x ETF seller in Q1 2017 was Credit Suisse, an estimated $4.95M sold.
Based on aggregated 13F filings for Q1 2017.