Direxion Daily Financial Bear 3x ETF
FAZ
23 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, 9 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
149% more call options, than puts
Call options by funds: $23.8M | Put options by funds: $9.57M
28% more funds holding
Funds holding: 18 → 23 (+5)
0.37% less ownership
Funds ownership: 8.62% → 8.25% (-0.37%)
7% less capital invested
Capital invested by funds: $9.53M → $8.87M (-$655K)
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$884K |
| 2 |
Jane Street
New York
|
+$448K |
| 3 |
CWM
Cedar Wealth Management
Walnut Creek,
California
|
+$415K |
| 4 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$385K |
| 5 |
Squarepoint
New York
|
+$343K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$932K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$737K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$728K |
| 4 |
VF
Virtu Financial
New York
|
-$500K |
| 5 |
HF
HRT Financial
New York
|
-$277K |
FAZ Hedge Fund Activity: Q1 2022 in Review
23 of the 6,361 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 2 closed out — a net gain of 5 holders — while 4 added to existing stakes and 9 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $884K. The largest seller was Tower Research Capital (TRC), cutting an estimated $932K.
- 23 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 2 closed out, a net change of +5 holders.
- The largest Direxion Daily Financial Bear 3x ETF buyer in Q1 2022 was Goldman Sachs, an estimated $884K added.
- The largest Direxion Daily Financial Bear 3x ETF seller in Q1 2022 was Tower Research Capital (TRC), an estimated $932K sold.
Based on aggregated 13F filings for Q1 2022.