Direxion Daily Financial Bear 3x ETF
FAZ
20 hedge funds and large institutions have $72.6M invested in Direxion Daily Financial Bear 3x ETF in 2015 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 5 closing their positions.
14% more call options, than puts
Call options by funds: $12.3M | Put options by funds: $10.8M
9% more capital invested
Capital invested by funds: $66.7M → $72.6M (+$5.89M)
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
17% less funds holding
Funds holding: 24 → 20 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$5.88M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$5.82M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.06M |
| 4 |
VF
Virtu Financial
New York
|
+$986K |
| 5 |
Two Sigma Advisers
New York
|
+$948K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2.7M |
| 2 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$1.38M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.21M |
| 4 |
QC
QCM Cayman
Houston,
Texas
|
-$855K |
| 5 |
CT
CMT Trading
Chicago,
Illinois
|
-$358K |
FAZ Hedge Fund Activity: Q2 2015 in Review
20 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bear 3x ETF (FAZ) for Q2 2015, worth a combined $72.6M — up 8.8% from $66.7M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FAZ and 1 opened new positions — a net loss of 4 holders — while 8 trimmed existing stakes and 8 added.
The largest buyer was Goldman Sachs, adding an estimated $5.88M. The largest seller was Tower Research Capital (TRC), cutting an estimated $2.7M.
- 20 institutional investors held Direxion Daily Financial Bear 3x ETF (FAZ) as of Q2 2015, down from 24 in Q1 2015.
- Funds reported $72.6M of Direxion Daily Financial Bear 3x ETF stock for Q2 2015, up 8.8% quarter-over-quarter.
- 1 fund opened new Direxion Daily Financial Bear 3x ETF positions in Q2 2015 and 5 closed out, a net change of -4 holders.
- The largest Direxion Daily Financial Bear 3x ETF buyer in Q2 2015 was Goldman Sachs, an estimated $5.88M added.
- The largest Direxion Daily Financial Bear 3x ETF seller in Q2 2015 was Tower Research Capital (TRC), an estimated $2.7M sold.
Based on aggregated 13F filings for Q2 2015.