Direxion Daily Financial Bear 3x ETF
23 hedge funds and large institutions have $23.1M invested in Direxion Daily Financial Bear 3x ETF in 2022 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 9 closing their positions.
172% more call options, than puts
Call options by funds: $38.1M | Put options by funds: $14M
160% more capital invested
Capital invested by funds: $8.87M → $23.1M (+$14.2M)
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
6.6% more ownership
Funds ownership: 5.98% → 12.58% (+6.6%)
4% less funds holding
Funds holding: 24 → 23 (-1)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.87M |
| 2 |
VF
Virtu Financial
New York
|
+$1.97M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$1.12M |
| 4 |
Goldman Sachs
New York
|
+$930K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$526K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$796K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$483K |
| 3 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$404K |
| 4 |
CWM
Cedar Wealth Management
Walnut Creek,
California
|
-$375K |
| 5 |
IA
Insight Advisors
Newtown,
Pennsylvania
|
-$310K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CG
26
Cutler Group
San Francisco,
California
| – | -$17K | -700 | Closed |
|
27
JP Morgan Chase
New York
| – | -$13K | -698 | Closed |
|
28
Optiver Holding
Amsterdam,
Netherlands
| – | -$11K | -579 | Closed |
|
|
CCMW
29
Cypress Capital Management (Wyoming)
Sheridan,
Wyoming
| – | -$4K | -200 | Closed |
|
|
GI
30
Gradient Investments
Arden Hills,
Minnesota
| – | -$1K | -62 | Closed |
|
|
JEST
31
JTC Employer Solutions Trustee
St Helier,
Jersey
| – | -$1K | -48 | Closed |
|
FAZ Hedge Fund Activity: Q2 2022 in Review
23 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bear 3x ETF (FAZ) for Q2 2022, worth a combined $23.1M — up 160% from $8.87M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FAZ and 8 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 7 added.
The largest buyer was Credit Suisse, adding an estimated $3.87M. The largest seller was Jane Street, cutting an estimated $796K.
- 23 institutional investors held Direxion Daily Financial Bear 3x ETF (FAZ) as of Q2 2022, down from 24 in Q1 2022.
- Funds reported $23.1M of Direxion Daily Financial Bear 3x ETF stock for Q2 2022, up 160% quarter-over-quarter.
- 8 funds opened new Direxion Daily Financial Bear 3x ETF positions in Q2 2022 and 9 closed out, a net change of -1 holder.
- The largest Direxion Daily Financial Bear 3x ETF buyer in Q2 2022 was Credit Suisse, an estimated $3.87M added.
- The largest Direxion Daily Financial Bear 3x ETF seller in Q2 2022 was Jane Street, an estimated $796K sold.
Based on aggregated 13F filings for Q2 2022.