Direxion Daily Financial Bear 3x ETF
FAZ was delisted on the 31st of July, 2026.
14 hedge funds and large institutions have $108M invested in Direxion Daily Financial Bear 3x ETF in 2015 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 5 closing their positions.
9% more capital invested
Capital invested by funds: $98.8M → $108M (+$9.19M)
0.07% more ownership
Funds ownership: 0.02% → 0.09% (+0.07%)
0% more funds holding
Funds holding: 14 → 14 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
31% less call options, than puts
Call options by funds: $47.7M | Put options by funds: $69.3M
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$23.8M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$8.07M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$5.78M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.15M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$640K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$3M |
| 2 |
Jane Street
New York
|
-$2.78M |
| 3 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$1.42M |
| 4 |
Two Sigma Advisers
New York
|
-$1.13M |
| 5 |
Two Sigma Investments
New York
|
-$1.12M |
FAZ Hedge Fund Activity: Q4 2015 in Review
14 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bear 3x ETF (FAZ) for Q4 2015, worth a combined $108M — up 9.3% from $98.8M a quarter earlier.
Fund positioning in FAZ was balanced in Q4 2015: 5 funds opened new positions, 5 closed out, 3 added to existing stakes and 5 trimmed.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $23.8M. The largest seller was Goldman Sachs, cutting an estimated $3M.
- 14 institutional investors held Direxion Daily Financial Bear 3x ETF (FAZ) as of Q4 2015, unchanged from Q3 2015.
- Funds reported $108M of Direxion Daily Financial Bear 3x ETF stock for Q4 2015, up 9.3% quarter-over-quarter.
- 5 funds opened new Direxion Daily Financial Bear 3x ETF positions in Q4 2015 and 5 closed out, a net change of 0 holders.
- The largest Direxion Daily Financial Bear 3x ETF buyer in Q4 2015 was BNP Paribas Financial Markets, an estimated $23.8M added.
- The largest Direxion Daily Financial Bear 3x ETF seller in Q4 2015 was Goldman Sachs, an estimated $3M sold.
Based on aggregated 13F filings for Q4 2015.