Direxion Daily Financial Bear 3x ETF
FAZ
23 hedge funds and large institutions have $9.62M invested in Direxion Daily Financial Bear 3x ETF in 2021 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 1 closing their positions.
700% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 1
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
126% more call options, than puts
Call options by funds: $43.5M | Put options by funds: $19.2M
85% more capital invested
Capital invested by funds: $5.2M → $9.62M (+$4.42M)
44% more funds holding
Funds holding: 16 → 23 (+7)
2.1% more ownership
Funds ownership: 5.31% → 7.42% (+2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.92M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.44M |
| 3 |
VF
Virtu Financial
New York
|
+$1,000K |
| 4 |
HF
HRT Financial
New York
|
+$540K |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
+$512K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$563K |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$295K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$255K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$29.5K |
FAZ Hedge Fund Activity: Q3 2021 in Review
23 of the 5,729 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bear 3x ETF (FAZ) for Q3 2021, worth a combined $9.62M — up 85% from $5.2M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FAZ positions and 1 closed out — a net gain of 7 holders — while 7 added to existing stakes and 3 trimmed.
The largest buyer was Tower Research Capital (TRC), adding an estimated $1.92M. The largest seller was Susquehanna International Group, cutting an estimated $563K.
- 23 institutional investors held Direxion Daily Financial Bear 3x ETF (FAZ) as of Q3 2021, up from 16 in Q2 2021.
- Funds reported $9.62M of Direxion Daily Financial Bear 3x ETF stock for Q3 2021, up 85% quarter-over-quarter.
- 8 funds opened new Direxion Daily Financial Bear 3x ETF positions in Q3 2021 and 1 closed out, a net change of +7 holders.
- The largest Direxion Daily Financial Bear 3x ETF buyer in Q3 2021 was Tower Research Capital (TRC), an estimated $1.92M added.
- The largest Direxion Daily Financial Bear 3x ETF seller in Q3 2021 was Susquehanna International Group, an estimated $563K sold.
Based on aggregated 13F filings for Q3 2021.