Direxion Daily Financial Bear 3x ETF
21 hedge funds and large institutions have $9.18M invested in Direxion Daily Financial Bear 3x ETF in 2024 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 13 closing their positions.
238% more call options, than puts
Call options by funds: $5.55M | Put options by funds: $1.64M
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
0.45% less ownership
Funds ownership: 10.12% → 9.67% (-0.45%)
17% less capital invested
Capital invested by funds: $11.1M → $9.18M (-$1.9M)
25% less funds holding
Funds holding: 28 → 21 (-7)
54% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$1.05M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$665K |
| 3 |
IMC Chicago
Chicago,
Illinois
|
+$508K |
| 4 |
PWM
Prosperity Wealth Management
San Ramon,
California
|
+$404K |
| 5 |
Group One Trading
Chicago,
Illinois
|
+$333K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GS
GTS Securities
New York
|
-$1.14M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$654K |
| 3 |
Renaissance Technologies
New York
|
-$372K |
| 4 |
HF
HRT Financial
New York
|
-$205K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$189K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JIC
26
Johnson Investment Counsel
Cincinnati,
Ohio
| – | -$84.6K | -10,691 | Closed |
|
|
SG
27
StoneX Group
New York
| – | -$82.2K | -10,395 | Closed |
|
|
FIA
28
FNY Investment Advisers
New York
| – | -$79K | -10,000 | Closed |
|
29
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
| – | -$21.4K | -2,700 | Closed |
|
30
Simplex Trading
Chicago,
Illinois
| – | -$3K | -452 | Closed |
|
31
JP Morgan Chase
New York
| – | -$1.69K | -214 | Closed |
|
32
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$775 | -98 | Closed |
|
33
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
| – | -$348 | -44 | Closed |
|
|
SRCM
34
Signature Resources Capital Management
Newport Beach,
California
| – | -$308 | -39 | Closed |
|
FAZ Hedge Fund Activity: Q4 2024 in Review
21 of the 7,593 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bear 3x ETF (FAZ) for Q4 2024, worth a combined $9.18M — down 17% from $11.1M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FAZ and 6 opened new positions — a net loss of 7 holders — while 6 trimmed existing stakes and 6 added.
The largest buyer was Virtu Financial, adding an estimated $1.05M. The largest seller was GTS Securities, cutting an estimated $1.14M.
- 21 institutional investors held Direxion Daily Financial Bear 3x ETF (FAZ) as of Q4 2024, down from 28 in Q3 2024.
- Funds reported $9.18M of Direxion Daily Financial Bear 3x ETF stock for Q4 2024, down 17% quarter-over-quarter.
- 6 funds opened new Direxion Daily Financial Bear 3x ETF positions in Q4 2024 and 13 closed out, a net change of -7 holders.
- The largest Direxion Daily Financial Bear 3x ETF buyer in Q4 2024 was Virtu Financial, an estimated $1.05M added.
- The largest Direxion Daily Financial Bear 3x ETF seller in Q4 2024 was GTS Securities, an estimated $1.14M sold.
Based on aggregated 13F filings for Q4 2024.