Direxion Daily Financial Bear 3x ETF
24 hedge funds and large institutions have $8.87M invested in Direxion Daily Financial Bear 3x ETF in 2022 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 4 increasing their positions, 10 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
149% more call options, than puts
Call options by funds: $23.8M | Put options by funds: $9.57M
33% more funds holding
Funds holding: 18 → 24 (+6)
2.64% less ownership
Funds ownership: 8.62% → 5.98% (-2.6%)
7% less capital invested
Capital invested by funds: $9.53M → $8.87M (-$655K)
60% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$875K |
| 2 |
Jane Street
New York
|
+$444K |
| 3 |
CWM
Cedar Wealth Management
Walnut Creek,
California
|
+$411K |
| 4 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$404K |
| 5 |
Squarepoint
New York
|
+$340K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$923K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$730K |
| 3 |
VF
Virtu Financial
New York
|
-$500K |
| 4 |
HF
HRT Financial
New York
|
-$274K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$210K |
FAZ Hedge Fund Activity: Q1 2022 in Review
24 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bear 3x ETF (FAZ) for Q1 2022, worth a combined $8.87M — down 6.9% from $9.53M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FAZ positions and 1 closed out — a net gain of 6 holders — while 4 added to existing stakes and 10 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $875K. The largest seller was Tower Research Capital (TRC), cutting an estimated $923K.
- 24 institutional investors held Direxion Daily Financial Bear 3x ETF (FAZ) as of Q1 2022, up from 18 in Q4 2021.
- Funds reported $8.87M of Direxion Daily Financial Bear 3x ETF stock for Q1 2022, down 6.9% quarter-over-quarter.
- 7 funds opened new Direxion Daily Financial Bear 3x ETF positions in Q1 2022 and 1 closed out, a net change of +6 holders.
- The largest Direxion Daily Financial Bear 3x ETF buyer in Q1 2022 was Goldman Sachs, an estimated $875K added.
- The largest Direxion Daily Financial Bear 3x ETF seller in Q1 2022 was Tower Research Capital (TRC), an estimated $923K sold.
Based on aggregated 13F filings for Q1 2022.