Direxion Daily Financial Bear 3x ETF
29 hedge funds and large institutions have $72.6M invested in Direxion Daily Financial Bear 3x ETF in 2015 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 4 closing their positions.
14% more call options, than puts
Call options by funds: $12.3M | Put options by funds: $10.8M
9% more capital invested
Capital invested by funds: $66.7M → $72.6M (+$5.89M)
1.07% less ownership
Funds ownership: 23.49% → 22.42% (-1.1%)
9% less funds holding
Funds holding: 32 → 29 (-3)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$5.87M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$5.8M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.07M |
| 4 |
VF
Virtu Financial
New York
|
+$983K |
| 5 |
Two Sigma Advisers
New York
|
+$942K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2.69M |
| 2 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$1.38M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.2M |
| 4 |
QC
QCM Cayman
Houston,
Texas
|
-$852K |
| 5 |
CT
CMT Trading
Chicago,
Illinois
|
-$358K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | – | – | – |
|
|
WCMN
27
Westchester Capital Management (Nebraska)
Omaha,
Nebraska
| $1K | – | – | – |
|
|
TH
28
Timber Hill
Greenwich,
Connecticut
| – | -$1.38M | -111,397 | Closed |
|
|
CT
29
CMT Trading
Chicago,
Illinois
| – | -$358K | -28,896 | Closed |
|
|
WAM
30
Wolverine Asset Management
Chicago,
Illinois
| – | -$186K | -15,700 | Closed |
|
|
JT
31
Jump Trading
Chicago,
Illinois
| – | -$130K | -11,181 | Closed |
|
FAZ Hedge Fund Activity: Q2 2015 in Review
29 of the 3,713 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bear 3x ETF (FAZ) for Q2 2015, worth a combined $72.6M — up 8.8% from $66.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FAZ and 1 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 9 added.
The largest buyer was Goldman Sachs, adding an estimated $5.87M. The largest seller was Tower Research Capital (TRC), cutting an estimated $2.69M.
- 29 institutional investors held Direxion Daily Financial Bear 3x ETF (FAZ) as of Q2 2015, down from 32 in Q1 2015.
- Funds reported $72.6M of Direxion Daily Financial Bear 3x ETF stock for Q2 2015, up 8.8% quarter-over-quarter.
- 1 fund opened new Direxion Daily Financial Bear 3x ETF positions in Q2 2015 and 4 closed out, a net change of -3 holders.
- The largest Direxion Daily Financial Bear 3x ETF buyer in Q2 2015 was Goldman Sachs, an estimated $5.87M added.
- The largest Direxion Daily Financial Bear 3x ETF seller in Q2 2015 was Tower Research Capital (TRC), an estimated $2.69M sold.
Based on aggregated 13F filings for Q2 2015.