Direxion Daily Financial Bear 3x ETF
25 hedge funds and large institutions have $49.6M invested in Direxion Daily Financial Bear 3x ETF in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 4 reducing their positions, and 7 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 4
6% more capital invested
Capital invested by funds: $47M → $49.6M (+$2.6M)
3.94% more ownership
Funds ownership: 14.57% → 18.51% (+3.9%)
6% more call options, than puts
Call options by funds: $18M | Put options by funds: $17M
14% less funds holding
Funds holding: 29 → 25 (-4)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$5.88M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.45M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.17M |
| 4 |
Citigroup
New York
|
+$2.17M |
| 5 |
Two Sigma Advisers
New York
|
+$1.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.4M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$1.09M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$635K |
| 4 |
TSS
Two Sigma Securities
New York
|
-$387K |
| 5 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$305K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
26
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
| – | -$305K | -9,596 | Closed |
|
27
Walleye Trading
New York
| – | -$122K | -3,829 | Closed |
|
28
Envestnet Asset Management
Chicago,
Illinois
| – | -$40K | -1,243 | Closed |
|
|
FTUS
29
Flow Traders U.S.
New York
| – | -$3K | -100 | Closed |
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -25 | Closed |
|
FAZ Hedge Fund Activity: Q4 2016 in Review
25 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bear 3x ETF (FAZ) for Q4 2016, worth a combined $49.6M — up 5.5% from $47M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FAZ and 3 opened new positions — a net loss of 4 holders — while 4 trimmed existing stakes and 12 added.
The largest buyer was Timber Hill, adding an estimated $5.88M. The largest seller was Jane Street, cutting an estimated $1.4M.
- 25 institutional investors held Direxion Daily Financial Bear 3x ETF (FAZ) as of Q4 2016, down from 29 in Q3 2016.
- Funds reported $49.6M of Direxion Daily Financial Bear 3x ETF stock for Q4 2016, up 5.5% quarter-over-quarter.
- 3 funds opened new Direxion Daily Financial Bear 3x ETF positions in Q4 2016 and 7 closed out, a net change of -4 holders.
- The largest Direxion Daily Financial Bear 3x ETF buyer in Q4 2016 was Timber Hill, an estimated $5.88M added.
- The largest Direxion Daily Financial Bear 3x ETF seller in Q4 2016 was Jane Street, an estimated $1.4M sold.
Based on aggregated 13F filings for Q4 2016.