Direxion Daily Financial Bear 3x ETF
25 hedge funds and large institutions have $8.81M invested in Direxion Daily Financial Bear 3x ETF in 2020 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 8 increasing their positions, 2 reducing their positions, and 4 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 2
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
66% more call options, than puts
Call options by funds: $18.5M | Put options by funds: $11.1M
36% more capital invested
Capital invested by funds: $6.47M → $8.81M (+$2.34M)
19% more funds holding
Funds holding: 21 → 25 (+4)
2.11% more ownership
Funds ownership: 2.48% → 4.6% (+2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$4.37M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
+$809K |
| 3 |
PCA
Providence Capital Advisors
Charlotte,
North Carolina
|
+$445K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$199K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$147K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$763K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$215K |
| 3 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$3K |
| 4 |
OIA
Optimum Investment Advisors
Chicago,
Illinois
|
-$2K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$767 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$3K | -200 | Closed |
|
|
OIA
27
Optimum Investment Advisors
Chicago,
Illinois
| – | -$2K | -140 | Closed |
|
FAZ Hedge Fund Activity: Q4 2020 in Review
25 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bear 3x ETF (FAZ) for Q4 2020, worth a combined $8.81M — up 36% from $6.47M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FAZ positions and 4 closed out — a net gain of 4 holders — while 8 added to existing stakes and 2 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $4.37M. The largest seller was Jane Street, exiting entirely with an estimated $763K sold.
- 25 institutional investors held Direxion Daily Financial Bear 3x ETF (FAZ) as of Q4 2020, up from 21 in Q3 2020.
- Funds reported $8.81M of Direxion Daily Financial Bear 3x ETF stock for Q4 2020, up 36% quarter-over-quarter.
- 8 funds opened new Direxion Daily Financial Bear 3x ETF positions in Q4 2020 and 4 closed out, a net change of +4 holders.
- The largest Direxion Daily Financial Bear 3x ETF buyer in Q4 2020 was Citadel Advisors, an estimated $4.37M added.
- The largest Direxion Daily Financial Bear 3x ETF seller in Q4 2020 was Jane Street, an estimated $763K sold.
Based on aggregated 13F filings for Q4 2020.