Direxion Daily Financial Bear 3x ETF
20 hedge funds and large institutions have $9.37M invested in Direxion Daily Financial Bear 3x ETF in 2021 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 12 reducing their positions, and 11 closing their positions.
174% more call options, than puts
Call options by funds: $49.5M | Put options by funds: $18M
6% more capital invested
Capital invested by funds: $8.81M → $9.37M (+$559K)
2.41% more ownership
Funds ownership: 4.6% → 7.01% (+2.4%)
20% less funds holding
Funds holding: 25 → 20 (-5)
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
83% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$1.33M |
| 2 |
Jane Street
New York
|
+$1.22M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$826K |
| 4 |
Cerity Partners
New York
|
+$449K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$391K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$22.8M |
| 2 |
Goldman Sachs
New York
|
-$3.49M |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
-$3.36M |
| 4 |
PCA
Providence Capital Advisors
Charlotte,
North Carolina
|
-$1.75M |
| 5 |
Morgan Stanley
New York
|
-$1.36M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Barclays
London,
United Kingdom
| – | -$18K | -2,539 | Closed |
|
|
GIA
27
Goodwin Investment Advisory
Woodstock,
Georgia
| – | -$3K | -402 | Closed |
|
|
FDCDDQ
28
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$7 | -1 | Closed |
|
|
RE
29
RBC Europe
London,
United Kingdom
| – | -$7 | -1 | Closed |
|
FAZ Hedge Fund Activity: Q1 2021 in Review
20 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bear 3x ETF (FAZ) for Q1 2021, worth a combined $9.37M — up 6.3% from $8.81M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FAZ and 6 opened new positions — a net loss of 5 holders — while 12 trimmed existing stakes and 2 added.
The largest buyer was HRT Financial, opening a new position worth an estimated $1.33M. The largest seller was Citadel Advisors, cutting an estimated $22.8M.
- 20 institutional investors held Direxion Daily Financial Bear 3x ETF (FAZ) as of Q1 2021, down from 25 in Q4 2020.
- Funds reported $9.37M of Direxion Daily Financial Bear 3x ETF stock for Q1 2021, up 6.3% quarter-over-quarter.
- 6 funds opened new Direxion Daily Financial Bear 3x ETF positions in Q1 2021 and 11 closed out, a net change of -5 holders.
- The largest Direxion Daily Financial Bear 3x ETF buyer in Q1 2021 was HRT Financial, an estimated $1.33M added.
- The largest Direxion Daily Financial Bear 3x ETF seller in Q1 2021 was Citadel Advisors, an estimated $22.8M sold.
Based on aggregated 13F filings for Q1 2021.