Direxion Daily Financial Bear 3x ETF
FAZ was delisted on the 31st of July, 2026.
20 hedge funds and large institutions have $27.8M invested in Direxion Daily Financial Bear 3x ETF in 2017 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 4 closing their positions.
197% more call options, than puts
Call options by funds: $11.8M | Put options by funds: $3.97M
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
18% more funds holding
Funds holding: 17 → 20 (+3)
2% more capital invested
Capital invested by funds: $27.3M → $27.8M (+$437K)
0% more ownership
Funds ownership: 0.03% → 0.04% (+0%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.21M |
| 2 |
Morgan Stanley
New York
|
+$2.93M |
| 3 |
SG Americas Securities
New York
|
+$1.77M |
| 4 |
Citigroup
New York
|
+$1.61M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.63M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.3M |
| 3 |
Jane Street
New York
|
-$642K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$392K |
| 5 |
HCM
Highlander Capital Management
Short Hills,
New Jersey
|
-$238K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Citadel Advisors
Miami,
Florida
| – | -$392K | -61 | Closed |
|
27
Creative Planning
Overland Park,
Kansas
| – | -$64K | -9 | Closed |
|
28
UBS Group
Zurich,
Switzerland
| – | -$26K | -4 | Closed |
|
|
NA
29
NewEdge Advisors
New Orleans,
Louisiana
| – | -$3.11K | – | – |
|
FAZ Hedge Fund Activity: Q3 2017 in Review
20 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bear 3x ETF (FAZ) for Q3 2017, worth a combined $27.8M — up 1.6% from $27.3M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FAZ positions and 4 closed out — a net gain of 4 holders — while 6 added to existing stakes and 4 trimmed.
The largest buyer was Credit Suisse, opening a new position worth an estimated $3.21M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $4.63M sold.
- 20 institutional investors held Direxion Daily Financial Bear 3x ETF (FAZ) as of Q3 2017, up from 17 in Q2 2017.
- Funds reported $27.8M of Direxion Daily Financial Bear 3x ETF stock for Q3 2017, up 1.6% quarter-over-quarter.
- 8 funds opened new Direxion Daily Financial Bear 3x ETF positions in Q3 2017 and 4 closed out, a net change of +4 holders.
- The largest Direxion Daily Financial Bear 3x ETF buyer in Q3 2017 was Credit Suisse, an estimated $3.21M added.
- The largest Direxion Daily Financial Bear 3x ETF seller in Q3 2017 was Susquehanna International Group, an estimated $4.63M sold.
Based on aggregated 13F filings for Q3 2017.