Direxion Daily Financial Bear 3x ETF
28 hedge funds and large institutions have $25.3M invested in Direxion Daily Financial Bear 3x ETF in 2018 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 10 reducing their positions, and 4 closing their positions.
86% more call options, than puts
Call options by funds: $34.9M | Put options by funds: $18.7M
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
8% more funds holding
Funds holding: 26 → 28 (+2)
7.01% less ownership
Funds ownership: 22.69% → 15.67% (-7%)
26% less capital invested
Capital invested by funds: $34.1M → $25.3M (-$8.77M)
50% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Simplex Trading
Chicago,
Illinois
|
+$2.05M |
| 2 |
Renaissance Technologies
New York
|
+$373K |
| 3 |
Morgan Stanley
New York
|
+$370K |
| 4 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
+$210K |
| 5 |
Barclays
London,
United Kingdom
|
+$64.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$10.4M |
| 2 |
SG Americas Securities
New York
|
-$7.45M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.15M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.47M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.37M |
FAZ Hedge Fund Activity: Q4 2018 in Review
28 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bear 3x ETF (FAZ) for Q4 2018, worth a combined $25.3M — down 26% from $34.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FAZ positions and 4 closed out — a net gain of 2 holders — while 5 added to existing stakes and 10 trimmed.
The largest buyer was Simplex Trading, opening a new position worth an estimated $2.05M. The largest seller was Citigroup, cutting an estimated $10.4M.
- 28 institutional investors held Direxion Daily Financial Bear 3x ETF (FAZ) as of Q4 2018, up from 26 in Q3 2018.
- Funds reported $25.3M of Direxion Daily Financial Bear 3x ETF stock for Q4 2018, down 26% quarter-over-quarter.
- 6 funds opened new Direxion Daily Financial Bear 3x ETF positions in Q4 2018 and 4 closed out, a net change of +2 holders.
- The largest Direxion Daily Financial Bear 3x ETF buyer in Q4 2018 was Simplex Trading, an estimated $2.05M added.
- The largest Direxion Daily Financial Bear 3x ETF seller in Q4 2018 was Citigroup, an estimated $10.4M sold.
Based on aggregated 13F filings for Q4 2018.