Direxion Daily Financial Bear 3x ETF
22 hedge funds and large institutions have $108M invested in Direxion Daily Financial Bear 3x ETF in 2015 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 1 increasing their positions, 15 reducing their positions, and 7 closing their positions.
9% more capital invested
Capital invested by funds: $98.8M → $108M (+$9.19M)
4.96% more ownership
Funds ownership: 29.62% → 34.58% (+5%)
4% less funds holding
Funds holding: 23 → 22 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
31% less call options, than puts
Call options by funds: $47.7M | Put options by funds: $69.3M
93% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$7.49M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$5.65M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.12M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$335K |
| 5 |
Walleye Trading
New York
|
+$277K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$137M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$21.8M |
| 3 |
Jane Street
New York
|
-$13.8M |
| 4 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$13M |
| 5 |
Two Sigma Advisers
New York
|
-$12.9M |
FAZ Hedge Fund Activity: Q4 2015 in Review
22 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bear 3x ETF (FAZ) for Q4 2015, worth a combined $108M — up 9.3% from $98.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FAZ and 6 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 1 added.
The largest buyer was Susquehanna International Group, adding an estimated $7.49M. The largest seller was Goldman Sachs, cutting an estimated $137M.
- 22 institutional investors held Direxion Daily Financial Bear 3x ETF (FAZ) as of Q4 2015, down from 23 in Q3 2015.
- Funds reported $108M of Direxion Daily Financial Bear 3x ETF stock for Q4 2015, up 9.3% quarter-over-quarter.
- 6 funds opened new Direxion Daily Financial Bear 3x ETF positions in Q4 2015 and 7 closed out, a net change of -1 holder.
- The largest Direxion Daily Financial Bear 3x ETF buyer in Q4 2015 was Susquehanna International Group, an estimated $7.49M added.
- The largest Direxion Daily Financial Bear 3x ETF seller in Q4 2015 was Goldman Sachs, an estimated $137M sold.
Based on aggregated 13F filings for Q4 2015.