Direxion Daily Financial Bear 3x ETF
34 hedge funds and large institutions have $66.8M invested in Direxion Daily Financial Bear 3x ETF in 2016 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 13 increasing their positions, 3 reducing their positions, and 2 closing their positions.
500% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 2
333% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 3
42% more funds holding
Funds holding: 24 → 34 (+10)
7% more capital invested
Capital invested by funds: $62.2M → $66.8M (+$4.58M)
0.25% more ownership
Funds ownership: 18.12% → 18.38% (+0.25%)
55% less call options, than puts
Call options by funds: $38.8M | Put options by funds: $86.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$3.77M |
| 2 |
Jane Street
New York
|
+$2.62M |
| 3 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$1.77M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.04M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$677K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.54M |
| 2 |
Simplex Trading
Chicago,
Illinois
|
-$788K |
| 3 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$316K |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$234K |
| 5 |
Two Sigma Advisers
New York
|
-$226K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Envestnet Asset Management
Chicago,
Illinois
| $47K | – | – | – |
|
|
MLM
27
Mount Lucas Management
Newtown,
Pennsylvania
| $38K | +$38K | +1,000 | New |
|
|
LTFS
28
Ladenburg Thalmann Financial Services
Miami,
Florida
| $11K | +$10.8K | +276 | +4,600% |
|
|
FANJ
29
Financial Architects (New Jersey)
Marlton,
New Jersey
| $8K | +$4K | +100 | +100% |
|
30
US Bancorp
Minneapolis,
Minnesota
| $6K | – | – | – |
|
|
CLOS
31
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| $1K | – | – | – |
|
|
HI
32
Hudock Inc
Williamsport,
Pennsylvania
| $1K | – | – | – |
|
33
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | – | – | – |
|
|
CFA
34
Carroll Financial Associates
Charlotte,
North Carolina
| $1K | +$1K | +37 | New |
|
|
35
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.54M | -39,650 | Closed |
|
|
CA
36
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
| – | -$316K | -7,446 | Closed |
|
FAZ Hedge Fund Activity: Q2 2016 in Review
34 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bear 3x ETF (FAZ) for Q2 2016, worth a combined $66.8M — up 7.4% from $62.2M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FAZ positions and 2 closed out — a net gain of 10 holders — while 13 added to existing stakes and 3 trimmed.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $3.77M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $1.54M sold.
- 34 institutional investors held Direxion Daily Financial Bear 3x ETF (FAZ) as of Q2 2016, up from 24 in Q1 2016.
- Funds reported $66.8M of Direxion Daily Financial Bear 3x ETF stock for Q2 2016, up 7.4% quarter-over-quarter.
- 12 funds opened new Direxion Daily Financial Bear 3x ETF positions in Q2 2016 and 2 closed out, a net change of +10 holders.
- The largest Direxion Daily Financial Bear 3x ETF buyer in Q2 2016 was BNP Paribas Financial Markets, an estimated $3.77M added.
- The largest Direxion Daily Financial Bear 3x ETF seller in Q2 2016 was Susquehanna International Group, an estimated $1.54M sold.
Based on aggregated 13F filings for Q2 2016.