Direxion Daily Financial Bear 3x ETF
FAZ was delisted on the 31st of July, 2026.
15 hedge funds and large institutions have $40.1M invested in Direxion Daily Financial Bear 3x ETF in 2018 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 8 closing their positions.
203% more call options, than puts
Call options by funds: $18.9M | Put options by funds: $6.24M
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
8% more capital invested
Capital invested by funds: $37.1M → $40.1M (+$3.01M)
0.01% more ownership
Funds ownership: 0.06% → 0.07% (+0.01%)
29% less funds holding
Funds holding: 21 → 15 (-6)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$5.41M |
| 2 |
Citigroup
New York
|
+$3.79M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.56M |
| 4 |
Barclays
London,
United Kingdom
|
+$606K |
| 5 |
Walleye Trading
New York
|
+$34.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$2.84M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2.29M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$1.17M |
| 4 |
Jane Street
New York
|
-$476K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$455K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| – | -$2K | -1 | Closed |
|
FAZ Hedge Fund Activity: Q1 2018 in Review
15 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bear 3x ETF (FAZ) for Q1 2018, worth a combined $40.1M — up 8.1% from $37.1M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FAZ and 2 opened new positions — a net loss of 6 holders — while 4 trimmed existing stakes and 8 added.
The largest buyer was SG Americas Securities, adding an estimated $5.41M. The largest seller was Virtu Financial, exiting entirely with an estimated $2.84M sold.
- 15 institutional investors held Direxion Daily Financial Bear 3x ETF (FAZ) as of Q1 2018, down from 21 in Q4 2017.
- Funds reported $40.1M of Direxion Daily Financial Bear 3x ETF stock for Q1 2018, up 8.1% quarter-over-quarter.
- 2 funds opened new Direxion Daily Financial Bear 3x ETF positions in Q1 2018 and 8 closed out, a net change of -6 holders.
- The largest Direxion Daily Financial Bear 3x ETF buyer in Q1 2018 was SG Americas Securities, an estimated $5.41M added.
- The largest Direxion Daily Financial Bear 3x ETF seller in Q1 2018 was Virtu Financial, an estimated $2.84M sold.
Based on aggregated 13F filings for Q1 2018.