Direxion Daily Financial Bear 3x ETF
32 hedge funds and large institutions have $66.7M invested in Direxion Daily Financial Bear 3x ETF in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 7 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
10% more capital invested
Capital invested by funds: $60.9M → $66.7M (+$5.88M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.06% less ownership
Funds ownership: 23.55% → 23.49% (-0.06%)
3% less funds holding
Funds holding: 33 → 32 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
21% less call options, than puts
Call options by funds: $8.99M | Put options by funds: $11.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$8.43M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.14M |
| 3 |
Jane Street
New York
|
+$1.63M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.25M |
| 5 |
Morgan Stanley
New York
|
+$691K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$3.78M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.41M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$660K |
| 4 |
Two Sigma Advisers
New York
|
-$656K |
| 5 |
TSS
Two Sigma Securities
New York
|
-$309K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $2K | – | – | – |
|
|
CLOS
27
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| $2K | – | – | – |
|
|
HI
28
Hudock Inc
Williamsport,
Pennsylvania
| $2K | – | – | – |
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | – | – | – |
|
|
WCMN
30
Westchester Capital Management (Nebraska)
Omaha,
Nebraska
| $1K | – | – | – |
|
|
LTFS
31
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | +$250 | +25 | +33% |
|
|
32
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$3.41M | -269,250 | Closed |
|
|
TSS
33
Two Sigma Securities
New York
| – | -$309K | -24,383 | Closed |
|
|
MCM
34
McGlinn Capital Management
Wyomissing,
Pennsylvania
| – | -$215K | -17,000 | Closed |
|
|
OCM
35
Orrell Capital Management
Livermore,
California
| – | -$22K | -2,000 | Closed |
|
|
BRWA
36
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$7 | -547 | Closed |
|
|
MFS
37
MSI Financial Services
Springfield,
Massachusetts
| – | -$3K | -250 | Closed |
|
|
AIG
38
American International Group
New York
| – | -$634 | -50 | Closed |
|
FAZ Hedge Fund Activity: Q1 2015 in Review
32 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bear 3x ETF (FAZ) for Q1 2015, worth a combined $66.7M — up 9.7% from $60.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FAZ and 6 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 10 added.
The largest buyer was Goldman Sachs, adding an estimated $8.43M. The largest seller was Virtu Financial, cutting an estimated $3.78M.
- 32 institutional investors held Direxion Daily Financial Bear 3x ETF (FAZ) as of Q1 2015, down from 33 in Q4 2014.
- Funds reported $66.7M of Direxion Daily Financial Bear 3x ETF stock for Q1 2015, up 9.7% quarter-over-quarter.
- 6 funds opened new Direxion Daily Financial Bear 3x ETF positions in Q1 2015 and 7 closed out, a net change of -1 holder.
- The largest Direxion Daily Financial Bear 3x ETF buyer in Q1 2015 was Goldman Sachs, an estimated $8.43M added.
- The largest Direxion Daily Financial Bear 3x ETF seller in Q1 2015 was Virtu Financial, an estimated $3.78M sold.
Based on aggregated 13F filings for Q1 2015.