Direxion Daily Financial Bear 3x ETF
25 hedge funds and large institutions have $12M invested in Direxion Daily Financial Bear 3x ETF in 2025 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 2 reducing their positions, and 5 closing their positions.
500% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 2
114% more call options, than puts
Call options by funds: $7.74M | Put options by funds: $3.61M
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
31% more capital invested
Capital invested by funds: $9.18M → $12M (+$2.85M)
19% more funds holding
Funds holding: 21 → 25 (+4)
2.81% more ownership
Funds ownership: 9.67% → 12.49% (+2.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.4M |
| 2 |
QC
Quadrature Capital
London,
United Kingdom
|
+$942K |
| 3 |
Group One Trading
Chicago,
Illinois
|
+$860K |
| 4 |
Squarepoint
New York
|
+$827K |
| 5 |
TSS
Two Sigma Securities
New York
|
+$708K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$1.14M |
| 2 |
PWM
Prosperity Wealth Management
San Ramon,
California
|
-$958K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$265K |
| 4 |
Jane Street
New York
|
-$18.7K |
| 5 |
Citigroup
New York
|
-$796 |
FAZ Hedge Fund Activity: Q1 2025 in Review
25 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Financial Bear 3x ETF (FAZ) for Q1 2025, worth a combined $12M — up 31% from $9.18M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FAZ positions and 5 closed out — a net gain of 4 holders — while 12 added to existing stakes and 2 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $1.4M. The largest seller was Virtu Financial, exiting entirely with an estimated $1.14M sold.
- 25 institutional investors held Direxion Daily Financial Bear 3x ETF (FAZ) as of Q1 2025, up from 21 in Q4 2024.
- Funds reported $12M of Direxion Daily Financial Bear 3x ETF stock for Q1 2025, up 31% quarter-over-quarter.
- 9 funds opened new Direxion Daily Financial Bear 3x ETF positions in Q1 2025 and 5 closed out, a net change of +4 holders.
- The largest Direxion Daily Financial Bear 3x ETF buyer in Q1 2025 was Susquehanna International Group, an estimated $1.4M added.
- The largest Direxion Daily Financial Bear 3x ETF seller in Q1 2025 was Virtu Financial, an estimated $1.14M sold.
Based on aggregated 13F filings for Q1 2025.