Direxion Daily Financial Bear 3x ETF
31 hedge funds and large institutions have $50M invested in Direxion Daily Financial Bear 3x ETF in 2017 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 4 closing their positions.
163% more call options, than puts
Call options by funds: $22M | Put options by funds: $8.35M
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
24% more funds holding
Funds holding: 25 → 31 (+6)
1.89% more ownership
Funds ownership: 18.51% → 20.4% (+1.9%)
1% more capital invested
Capital invested by funds: $49.6M → $50M (+$418K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$5.8M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.5M |
| 3 |
Citigroup
New York
|
+$3.08M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.71M |
| 5 |
Jane Street
New York
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$4.95M |
| 2 |
Two Sigma Investments
New York
|
-$2.78M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$2.48M |
| 4 |
VF
Virtu Financial
New York
|
-$868K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$738K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CLOS
26
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| $1K | – | – | – |
|
|
FDCDDQ
27
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $445 | +$445 | +23 | New |
|
28
Walleye Trading
New York
| $194 | +$194 | +10,029 | New |
|
|
CS
29
Credit Suisse
Zurich,
Switzerland
| – | -$4.95M | -228,050 | Closed |
|
|
30
Two Sigma Investments
New York
| – | -$2.78M | -127,805 | Closed |
|
|
31
BNP Paribas Financial Markets
Paris,
France
| – | -$2.48M | -114,149 | Closed |
|
32
Barclays
London,
United Kingdom
| – | -$55K | -2,819 | Closed |
|
FAZ Hedge Fund Activity: Q1 2017 in Review
31 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bear 3x ETF (FAZ) for Q1 2017, worth a combined $50M — up 0.84% from $49.6M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FAZ positions and 4 closed out — a net gain of 6 holders — while 10 added to existing stakes and 7 trimmed.
The largest buyer was Amundi Asset Management US, opening a new position worth an estimated $5.8M. The largest seller was Credit Suisse, exiting entirely with an estimated $4.95M sold.
- 31 institutional investors held Direxion Daily Financial Bear 3x ETF (FAZ) as of Q1 2017, up from 25 in Q4 2016.
- Funds reported $50M of Direxion Daily Financial Bear 3x ETF stock for Q1 2017, up 0.84% quarter-over-quarter.
- 10 funds opened new Direxion Daily Financial Bear 3x ETF positions in Q1 2017 and 4 closed out, a net change of +6 holders.
- The largest Direxion Daily Financial Bear 3x ETF buyer in Q1 2017 was Amundi Asset Management US, an estimated $5.8M added.
- The largest Direxion Daily Financial Bear 3x ETF seller in Q1 2017 was Credit Suisse, an estimated $4.95M sold.
Based on aggregated 13F filings for Q1 2017.