Direxion Daily Financial Bear 3x ETF
16 hedge funds and large institutions have $5.2M invested in Direxion Daily Financial Bear 3x ETF in 2021 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 10 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
157% more call options, than puts
Call options by funds: $39.2M | Put options by funds: $15.2M
1.69% less ownership
Funds ownership: 7.01% → 5.31% (-1.7%)
20% less funds holding
Funds holding: 20 → 16 (-4)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
45% less capital invested
Capital invested by funds: $9.37M → $5.2M (-$4.17M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.07M |
| 2 |
TSS
Two Sigma Securities
New York
|
+$555K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$314K |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$295K |
| 5 |
Cerity Partners
New York
|
+$136K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$1.33M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.31M |
| 3 |
Jane Street
New York
|
-$983K |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$391K |
| 5 |
PCA
Providence Capital Advisors
Charlotte,
North Carolina
|
-$387K |
FAZ Hedge Fund Activity: Q2 2021 in Review
16 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bear 3x ETF (FAZ) for Q2 2021, worth a combined $5.2M — down 45% from $9.37M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FAZ and 6 opened new positions — a net loss of 4 holders — while 1 trimmed existing stakes and 4 added.
The largest buyer was Susquehanna International Group, adding an estimated $1.07M. The largest seller was HRT Financial, exiting entirely with an estimated $1.33M sold.
- 16 institutional investors held Direxion Daily Financial Bear 3x ETF (FAZ) as of Q2 2021, down from 20 in Q1 2021.
- Funds reported $5.2M of Direxion Daily Financial Bear 3x ETF stock for Q2 2021, down 45% quarter-over-quarter.
- 6 funds opened new Direxion Daily Financial Bear 3x ETF positions in Q2 2021 and 10 closed out, a net change of -4 holders.
- The largest Direxion Daily Financial Bear 3x ETF buyer in Q2 2021 was Susquehanna International Group, an estimated $1.07M added.
- The largest Direxion Daily Financial Bear 3x ETF seller in Q2 2021 was HRT Financial, an estimated $1.33M sold.
Based on aggregated 13F filings for Q2 2021.