Direxion Daily Financial Bear 3x ETF
29 hedge funds and large institutions have $37.1M invested in Direxion Daily Financial Bear 3x ETF in 2017 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 2 reducing their positions, and 5 closing their positions.
450% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 2
52% more call options, than puts
Call options by funds: $8.78M | Put options by funds: $5.79M
34% more capital invested
Capital invested by funds: $27.8M → $37.1M (+$9.36M)
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
9.64% more ownership
Funds ownership: 14.64% → 24.28% (+9.6%)
4% more funds holding
Funds holding: 28 → 29 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$7.6M |
| 2 |
Citigroup
New York
|
+$2.92M |
| 3 |
VF
Virtu Financial
New York
|
+$2.43M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.07M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$814K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.92M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$146K |
| 3 |
CG
Cutler Group
San Francisco,
California
|
-$31.2K |
| 4 |
Barclays
London,
United Kingdom
|
-$6.19K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Nomura Holdings
Tokyo,
Japan
| – | -$146K | -10,000 | Closed |
|
|
CG
27
Cutler Group
San Francisco,
California
| – | -$31.2K | -2,200 | Closed |
|
|
28
Simplex Trading
Chicago,
Illinois
| – | -$6K | -429 | Closed |
|
|
MWM
29
Mascoma Wealth Management
Hanover,
New Hampshire
| – | -$1K | -42 | Closed |
|
FAZ Hedge Fund Activity: Q4 2017 in Review
29 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bear 3x ETF (FAZ) for Q4 2017, worth a combined $37.1M — up 34% from $27.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FAZ positions and 5 closed out — a net gain of 1 holder — while 11 added to existing stakes and 2 trimmed.
The largest buyer was SG Americas Securities, adding an estimated $7.6M. The largest seller was Credit Suisse, exiting entirely with an estimated $2.92M sold.
- 29 institutional investors held Direxion Daily Financial Bear 3x ETF (FAZ) as of Q4 2017, up from 28 in Q3 2017.
- Funds reported $37.1M of Direxion Daily Financial Bear 3x ETF stock for Q4 2017, up 34% quarter-over-quarter.
- 6 funds opened new Direxion Daily Financial Bear 3x ETF positions in Q4 2017 and 5 closed out, a net change of +1 holder.
- The largest Direxion Daily Financial Bear 3x ETF buyer in Q4 2017 was SG Americas Securities, an estimated $7.6M added.
- The largest Direxion Daily Financial Bear 3x ETF seller in Q4 2017 was Credit Suisse, an estimated $2.92M sold.
Based on aggregated 13F filings for Q4 2017.