We are live on ! Find out more
FAZ

Direxion Daily Financial Bear 3x ETF

Delisted

FAZ was delisted on the 31st of July, 2026.

16 hedge funds and large institutions have $17.6M invested in Direxion Daily Financial Bear 3x ETF in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more call options, than puts

Call options by funds: $40M | Put options by funds: $30.1M

6% more capital invested

Capital invested by funds: $16.6M → $17.6M (+$998K)

0.1% more ownership

Funds ownership: 0.02%0.12% (+0.1%)

0% more repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 4

11% less funds holding

Funds holding: 1816 (-2)

29% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 7

Holders
16
Holders Change
-2
Holders Change %
-11.11%
% of All Funds
0.35%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
4
Reduced
4
Closed
7
Calls
$40M
Puts
$30.1M
Net Calls
+$9.89M
Net Calls Change
+$10M
Name Holding Trade Value Shares
Change
Change in
Stake
Citadel Advisors
1
Citadel Advisors
Florida
$7.28M +$4.26M +1,455 +124%
Goldman Sachs
2
Goldman Sachs
New York
$3.97M
Susquehanna International Group
3
Susquehanna International Group
Pennsylvania
$2.36M +$1.07M +366 +75%
Morgan Stanley
4
Morgan Stanley
New York
$1.63M +$26.4K +9 +2%
Jane Street
5
Jane Street
New York
$619K +$287K +98 +78%
TCM
6
Tuttle Capital Management
Connecticut
$597K +$583K +199 New
TSS
7
Two Sigma Securities
New York
$357K +$378K +129 New
WAM
8
Wolverine Asset Management
Illinois
$350K
VF
9
Virtu Financial
New York
$252K -$510K -174 -66%
Simplex Trading
10
Simplex Trading
Illinois
$147K +$155K +53 New
CIAS
11
Capital Investment Advisory Services
North Carolina
$45K -$8.79K -3 -16%
Barclays
12
Barclays
United Kingdom
$24K +$26.4K +9 New
TRCT
13
Tower Research Capital (TRC)
New York
$11K -$683K -233 -98%
JPLA
14
Joseph P. Lucia & Associates
New York
$5K
JP Morgan Chase
15
JP Morgan Chase
New York
$4K -$26.4K -9 -82%
US Bancorp
16
US Bancorp
Minnesota
$1K -$176K -60 Closed
GI
17
Gradient Investments
Minnesota
$1K +$2.93K +1 New
RE
18
RBC Europe
United Kingdom
$69
FDCDDQ
19
Federation des caisses Desjardins du Quebec
Quebec, Canada
$35
TB
20
Terril Brothers
Missouri
-$1.9M -615 Closed
Bank of Montreal
21
Bank of Montreal
Ontario, Canada
-$385K -125 Closed
XS
22
XR Securities
Illinois
-$319K -103 Closed
Citigroup
23
Citigroup
New York
-$138K -47 Closed
CG
24
Cutler Group
California
-$2.93K -1 Closed
LTFS
25
Ladenburg Thalmann Financial Services
Florida
-$2.93K -1 Closed

FAZ Hedge Fund Activity: Q3 2019 in Review

16 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bear 3x ETF (FAZ) for Q3 2019, worth a combined $17.6M — up 6% from $16.6M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of FAZ and 5 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 4 added.

The largest buyer was Citadel Advisors, adding an estimated $4.26M. The largest seller was Terril Brothers, exiting entirely with an estimated $1.9M sold.

  • 16 institutional investors held Direxion Daily Financial Bear 3x ETF (FAZ) as of Q3 2019, down from 18 in Q2 2019.
  • Funds reported $17.6M of Direxion Daily Financial Bear 3x ETF stock for Q3 2019, up 6% quarter-over-quarter.
  • 5 funds opened new Direxion Daily Financial Bear 3x ETF positions in Q3 2019 and 7 closed out, a net change of -2 holders.
  • The largest Direxion Daily Financial Bear 3x ETF buyer in Q3 2019 was Citadel Advisors, an estimated $4.26M added.
  • The largest Direxion Daily Financial Bear 3x ETF seller in Q3 2019 was Terril Brothers, an estimated $1.9M sold.

Based on aggregated 13F filings for Q3 2019.