Direxion Daily Financial Bear 3x ETF
FAZ
16 hedge funds and large institutions have $13.2M invested in Direxion Daily Financial Bear 3x ETF in 2019 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 3 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
96% more call options, than puts
Call options by funds: $30.7M | Put options by funds: $15.7M
0% more funds holding
Funds holding: 16 → 16 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
1.48% less ownership
Funds ownership: 9.65% → 8.17% (-1.5%)
25% less capital invested
Capital invested by funds: $17.6M → $13.2M (-$4.46M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.52M |
| 2 |
Jane Street
New York
|
+$580K |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
+$464K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$338K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$182K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$3.13M |
| 2 |
TCM
Tuttle Capital Management
Riverside,
Connecticut
|
-$597K |
| 3 |
TSS
Two Sigma Securities
New York
|
-$357K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$232K |
| 5 |
CIAS
Capital Investment Advisory Services
Raleigh,
North Carolina
|
-$32.8K |
FAZ Hedge Fund Activity: Q4 2019 in Review
16 of the 5,093 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bear 3x ETF (FAZ) for Q4 2019, worth a combined $13.2M — down 25% from $17.6M a quarter earlier.
Fund positioning in FAZ was balanced in Q4 2019: 3 funds opened new positions, 3 closed out, 7 added to existing stakes and 3 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.52M. The largest seller was Citadel Advisors, cutting an estimated $3.13M.
- 16 institutional investors held Direxion Daily Financial Bear 3x ETF (FAZ) as of Q4 2019, unchanged from Q3 2019.
- Funds reported $13.2M of Direxion Daily Financial Bear 3x ETF stock for Q4 2019, down 25% quarter-over-quarter.
- 3 funds opened new Direxion Daily Financial Bear 3x ETF positions in Q4 2019 and 3 closed out, a net change of 0 holders.
- The largest Direxion Daily Financial Bear 3x ETF buyer in Q4 2019 was Morgan Stanley, an estimated $1.52M added.
- The largest Direxion Daily Financial Bear 3x ETF seller in Q4 2019 was Citadel Advisors, an estimated $3.13M sold.
Based on aggregated 13F filings for Q4 2019.