Direxion Daily Financial Bear 3x ETF
FAZ
17 hedge funds and large institutions have $36M invested in Direxion Daily Financial Bear 3x ETF in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 4 closing their positions.
151% more call options, than puts
Call options by funds: $19.6M | Put options by funds: $7.81M
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
13% more funds holding
Funds holding: 15 → 17 (+2)
1.9% less ownership
Funds ownership: 27.63% → 25.73% (-1.9%)
10% less capital invested
Capital invested by funds: $40.1M → $36M (-$4.14M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$1.63M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$677K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$517K |
| 4 |
VF
Virtu Financial
New York
|
+$313K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$295K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$5.43M |
| 2 |
Two Sigma Investments
New York
|
-$1.19M |
| 3 |
Barclays
London,
United Kingdom
|
-$612K |
| 4 |
Walleye Trading
New York
|
-$39.1K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$13K |
FAZ Hedge Fund Activity: Q2 2018 in Review
17 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bear 3x ETF (FAZ) for Q2 2018, worth a combined $36M — down 10% from $40.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FAZ positions and 4 closed out — a net gain of 2 holders — while 5 added to existing stakes and 2 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $1.63M. The largest seller was SG Americas Securities, cutting an estimated $5.43M.
- 17 institutional investors held Direxion Daily Financial Bear 3x ETF (FAZ) as of Q2 2018, up from 15 in Q1 2018.
- Funds reported $36M of Direxion Daily Financial Bear 3x ETF stock for Q2 2018, down 10% quarter-over-quarter.
- 6 funds opened new Direxion Daily Financial Bear 3x ETF positions in Q2 2018 and 4 closed out, a net change of +2 holders.
- The largest Direxion Daily Financial Bear 3x ETF buyer in Q2 2018 was Goldman Sachs, an estimated $1.63M added.
- The largest Direxion Daily Financial Bear 3x ETF seller in Q2 2018 was SG Americas Securities, an estimated $5.43M sold.
Based on aggregated 13F filings for Q2 2018.