Vault-13

DIREXION SHS ETF TR TECL

DLY TECH BULL 3X · ETP · CUSIP 25459W102

83 institutional holders +20 vs Q1 2025
1,905,0611.9m shares reported held*
$178.0mreported value*
28 new 19 added 18 reduced 7 sold out net bought ≈ $85.2m (+893.3k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $93.43. Options: 9 managers hold calls ($401.0m notional), 4 hold puts ($60.5m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 42Q4 22: 49Q1 23: 50Q2 23: 54Q3 23: 48Q4 23: 70Q1 24: 60Q2 24: 78Q3 24: 77Q4 24: 81Q1 25: 63Q2 25: 8383Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202242
Q4 202249
Q1 202350
Q2 202354
Q3 202348
Q4 202370
Q1 202460
Q2 202478
Q3 202477
Q4 202481
Q1 202563
Q2 202583

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
50050Q3 23: 21 bought or addedQ3 23: 24 cut or sold outQ4 23: 37 bought or addedQ4 23: 17 cut or sold outQ4 23Q1 24: 23 bought or addedQ1 24: 42 cut or sold outQ2 24: 40 bought or addedQ2 24: 27 cut or sold outQ2 24Q3 24: 32 bought or addedQ3 24: 39 cut or sold outQ4 24: 42 bought or addedQ4 24: 32 cut or sold outQ4 24Q1 25: 26 bought or addedQ1 25: 40 cut or sold outQ2 25: 47 bought or addedQ2 25: 25 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20232124
Q4 20233717
Q1 20242342
Q2 20244027
Q3 20243239
Q4 20244232
Q1 20252640
Q2 20254725

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$200m$400m$600mQ3 24 calls: $288.3mQ3 24 puts: $51.0mQ3 24P/C 0.18Q4 24 calls: $327.4mQ4 24 puts: $80.7mQ4 24P/C 0.25Q1 25 calls: $170.5mQ1 25 puts: $40.1mQ1 25P/C 0.24Q2 25 calls: $401.0mQ2 25 puts: $60.5mQ2 25P/C 0.15
Numbers
QuarterCallsPutsP/C
Q3 2024$288.3m$51.0m0.18
Q4 2024$327.4m$80.7m0.25
Q1 2025$170.5m$40.1m0.24
Q2 2025$401.0m$60.5m0.15

Biggest buyers

Quadrature Capital Ltd New +356,842+356.8k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +124,577+124.6k
GTS SECURITIES LLC New +97,833+97.8k
JANE STREET GROUP, LLC Added +96,581+96.6k
Squarepoint Ops LLC Added +70,376+70.4k
Traynor Capital Management, Inc. Added +36,499+36.5k
Virtu Financial LLC Added +32,578+32.6k
Oxinas Partners, LLC Added +25,435+25.4k
Tower Research Capital LLC (TRC) New +24,568+24.6k
Modern Wealth Management, LLC New +24,358+24.4k

Biggest sellers

SBI Securities Co., Ltd. Reduced -20,400-20.4k
Birchview Capital, LP Sold out -20,000-20.0k
TOWNSQUARE CAPITAL LLC Sold out -17,128-17.1k
WOLVERINE TRADING, LLC Reduced -15,442-15.4k
Qube Research & Technologies Ltd Sold out -8,484-8.5k
FLOW TRADERS U.S. LLC Reduced -6,060-6.1k
Scientech Research LLC Sold out -4,261-4.3k
Bulltick Wealth Management, LLC Sold out -4,104-4.1k
PNC Financial Services Group, Inc. Reduced -3,912-3.9k
Stratos Wealth Advisors, LLC Reduced -3,891-3.9k

Biggest calls

IMC-Chicago, LLC Added $103.1m767.8k shares
SIMPLEX TRADING, LLC Added $88.5m2.9m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $76.5m817.6k shares
CITADEL ADVISORS LLC Added $47.1m503.8k shares
JANE STREET GROUP, LLC Added $40.2m429.8k shares
GROUP ONE TRADING LLC Added $24.6m225.4k shares
WOLVERINE TRADING, LLC Added $20.6m226.3k shares
Squarepoint Ops LLC Unchanged $383.7k4.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $32.5m347.2k shares
JANE STREET GROUP, LLC Reduced $10.8m115.7k shares
CITADEL ADVISORS LLC Added $9.3m99.6k shares
WOLVERINE TRADING, LLC Added $7.9m86.6k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Quadrature Capital Ltd 0.57% of their portfolio LONDON, X0 356,842356.8k $33.4m $33.4m 0.57% New
2 SBI Securities Co., Ltd. 0.65% of their portfolio TOKYO, M0 242,579242.6k $22.7m $22.7m 0.65% Reduced -20.4k -20,400
3 JANE STREET GROUP, LLC 0.03% of their portfolio NEW YORK, NY 185,850185.8k $17.4m $17.4m 0.03% Added +96.6k +96,581
4 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 124,577124.6k $11.7m $11.7m 0.02% New
5 Traynor Capital Management, Inc. 0.69% of their portfolio MALVERN, PA 107,356107.4k $9.8m $9.8m 0.69% Added +36.5k +36,499
6 GTS SECURITIES LLC 0.41% of their portfolio NEW YORK, NY 97,83397.8k $9.2m $9.2m 0.41% New
7 Squarepoint Ops LLC 0.02% of their portfolio NEW YORK, NY 86,89886.9k $8.1m $8.1m 0.02% Added +70.4k +70,376
8 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 56,01856.0k $5.2m $5.2m 0.00% Reduced -3.9k -3,912
9 Oxinas Partners, LLC 2.64% of their portfolio JEFFERSONVILLE, IN 55,03455.0k $5.2m $5.2m 2.64% Added +25.4k +25,435
10 EP Wealth Advisors, LLC 0.03% of their portfolio TORRANCE, CA 45,27645.3k $4.2m $4.2m 0.03% Unchanged
11 Virtu Financial LLC 0.20% of their portfolio New York, NY 41,22241.2k $3.9m $3.9m 0.20% Added +32.6k +32,578
12 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 40,19040.2k $3.8m $3.8m 0.01% Unchanged
13 Mariner, LLC 0.00% of their portfolio Overland Park, KS 31,01031.0k $2.9m $2.9m 0.00% Added +2.2k +2,243
14 WOLVERINE TRADING, LLC 0.06% of their portfolio CHICAGO, IL 27,60427.6k $2.5m $2.5m 0.06% Reduced -15.4k -15,442
15 Tower Research Capital LLC (TRC) 0.06% of their portfolio NEW YORK, NY 24,56824.6k $2.3m $2.3m 0.06% New
16 Modern Wealth Management, LLC 0.06% of their portfolio KANSAS CITY, MO 24,35824.4k $2.3m $2.3m 0.06% New
17 Jump Financial, LLC 0.02% of their portfolio Chicago, IL 20,97721.0k $2.0m $2.0m 0.02% New
18 Stratos Wealth Advisors, LLC 0.10% of their portfolio BEACHWOOD, OH 20,83920.8k $2.0m $2.0m 0.10% Reduced -3.9k -3,891
19 FLOW TRADERS U.S. LLC 0.06% of their portfolio NEW YORK, NY 17,69017.7k $1.7m $1.7m 0.06% Reduced -6.1k -6,060
20 TRUE Private Wealth Advisors 0.18% of their portfolio Salem, OR 17,56417.6k $1.6m $1.6m 0.18% Reduced -340 -340
21 UBS Group AG 0.00% of their portfolio ZURICH, V8 17,14517.1k $1.6m $1.6m 0.00% Reduced -1.7k -1,671
22 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 16,88016.9k $1.6m $1.6m 0.00% New
23 Blue Sky Capital Consultants Group, Inc. 0.77% of their portfolio Poway, CA 16,07916.1k $1.5m $1.5m 0.77% Reduced -689 -689
24 ROVIN CAPITAL /UT/ /ADV 0.45% of their portfolio MESA, AZ 15,71015.7k $1.5m $1.5m 0.45% Added +920 +920
25 Grandview Asset Management LLC 0.45% of their portfolio HARRISBURG, PA 15,00015.0k $1.4m $1.4m 0.45% Unchanged
26 Main Street Financial Solutions, LLC 0.09% of their portfolio NEWTOWN, PA 13,80113.8k $1.3m $1.3m 0.09% Unchanged
27 CPR Investments Inc. 0.94% of their portfolio Rochester, MI 12,88312.9k $1.2m $1.2m 0.94% New
28 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 10,37010.4k $970.4k $970.4k 0.00% Added +4.3k +4,269
29 TWO SIGMA SECURITIES, LLC 0.11% of their portfolio NEW YORK, NY 9,3199.3k $872.1k $872.1k 0.11% New
30 SIMPLEX TRADING, LLC 0.02% of their portfolio CHICAGO, IL 9,0219.0k $844.0k $844.0k 0.02% New
31 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 8,5248.5k $797.8k $797.8k 0.00% Added +4.4k +4,418
32 Crescent Grove Advisors, LLC 0.07% of their portfolio LAKE FOREST, IL 7,8437.8k $735.5k $735.5k 0.07% Reduced -2.2k -2,177
33 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 7,4237.4k $694.6k $694.6k 0.00% Added +409 +409
34 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 7,1307.1k $667.2k $667.2k 0.00% Reduced -1.7k -1,678
35 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 6,9326.9k $648.7k $648.7k 0.00% Added +671 +671
36 Trinity Legacy Partners, LLC 0.17% of their portfolio HOUSTON, TX 6,9006.9k $683.2k $683.2k 0.17% Unchanged
37 Sage Capital Management, LLC 0.28% of their portfolio Stockton, NJ 6,2906.3k $588.7k $588.7k 0.28% Added +10 +10
38 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 6,1506.2k $575.5k $575.5k 0.00% Reduced -400 -400
39 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 5,9045.9k $553.7k $553.7k 0.00% Reduced -2.5k -2,496
40 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 5,5505.5k $519.4k $519.4k 0.00% Added +12 +12
41 ZEGA Investments, LLC 0.12% of their portfolio PALM BEACH GARDENS, FL 5,3005.3k $496.0k $496.0k 0.12% Unchanged
42 Plotkin Financial Advisors, LLC 0.26% of their portfolio CHEVY CHASE, MD 5,1035.1k $477.5k $477.5k 0.26% Unchanged
43 WEST MICHIGAN ADVISORS, LLC 0.13% of their portfolio HOLLAND, MI 5,0005.0k $468.9k $468.9k 0.13% Reduced -100 -100
44 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 4,7734.8k $446.0k $446.0k 0.00% New
45 Millington Financial Advisors, LLC 0.23% of their portfolio NAPERVILLE, IL 4,5124.5k $454.2k $454.2k 0.23% New
46 Retirement Planning Co of New England, Inc. 0.17% of their portfolio Warwick, RI 4,0194.0k $376.1k $376.1k 0.17% Reduced -298 -298
47 J.W. COLE ADVISORS, INC. 0.01% of their portfolio TAMPA, FL 3,9684.0k $371.3k $371.3k 0.01% Added +434 +434
48 KINGSWOOD WEALTH ADVISORS, LLC 0.03% of their portfolio SAN DIEGO, CA 3,5203.5k $329.4k $329.4k 0.03% New
49 BURNEY CO/ 0.01% of their portfolio RESTON, VA 3,2293.2k $302.2k $302.2k 0.01% New
50 Manchester Capital Management LLC 0.04% of their portfolio MANCHESTER, VT 3,0003.0k $280.7k $280.7k 0.04% New
51 EverSource Wealth Advisors, LLC 0.01% of their portfolio BIRMINGHAM, AL 3,0003.0k $280.7k $280.7k 0.01% Added +1.9k +1,902
52 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 2,8432.8k $266.1k $266.1k 0.00% Reduced -1.4k -1,371
53 Main Street Group, LTD 0.08% of their portfolio GLEN ALLEN, VA 2,5622.6k $239.7k $239.7k 0.08% Added +1.3k +1,293
54 StoneX Group Inc. 0.01% of their portfolio NEW YORK, NY 2,5132.5k $235.2k $235.2k 0.01% New
55 PFG Investments, LLC 0.01% of their portfolio WOODBURY, NY 2,4472.4k $229.0k $229.0k 0.01% New
56 NorthCoast Asset Management LLC 0.00% of their portfolio STAMFORD, CT 2,3562.4k $220.5k $220.5k 0.00% New
57 James J. Burns & Company, LLC 0.04% of their portfolio MELVILLE, NY 2,3312.3k $218.1k $218.1k 0.04% Reduced -1.4k -1,409
58 Onyx Bridge Wealth Group LLC 0.03% of their portfolio TARRYTOWN, NY 2,3302.3k $218.0k $218.0k 0.03% New
59 Socha Financial Group, LLC 0.10% of their portfolio CORNING, NY 2,3252.3k $217.6k $217.6k 0.10% New
60 Kelly Financial Services LLC 0.06% of their portfolio BRAINTREE, MA 2,1822.2k $204.2k $204.2k 0.06% New
61 Headlands Technologies LLC 0.02% of their portfolio CHICAGO, IL 1,5971.6k $149.4k $149.4k 0.02% Added +994 +994
62 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 1,0001.0k $93.6k $93.6k 0.00% New
63 Covestor Ltd 0.05% of their portfolio LONDON, X0 898898 $84.0k $84.0k 0.05% New
64 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 850850 $79.5k $79.5k 0.00% Unchanged
65 Anchor Investment Management, LLC 0.01% of their portfolio COLUMBIA, SC 635635 $59.4k $59.4k 0.01% New
66 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 601601 $56.2k $56.2k 0.00% Added +300 +300
67 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 570570 $53.3k $53.3k 0.00% New
68 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 500500 $46.8k $46.8k 0.00% Reduced -275 -275
69 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 400400 $37.4k $37.4k 0.00% Reduced -100 -100
70 1248 Management, LLC 0.01% of their portfolio Kansas City, MO 300300 $28.1k $28.1k 0.01% New
71 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 244244 $22.8k $22.8k 0.00% Added +1 +1
72 Binnacle Investments Inc 0.01% of their portfolio URBANDALE, IA 234234 $21.9k $21.9k 0.01% Unchanged
73 JDM Financial Group LLC 0.01% of their portfolio AUSTIN, TX 217217 $20.3k $20.3k 0.01% Unchanged
74 Park Square Financial Group, LLC 0.01% of their portfolio ROSWELL, GA 150150 $14.0k $14.0k 0.01% Unchanged
75 WPG Advisers, LLC 0.01% of their portfolio BALTIMORE, MD 148148 $13.8k $13.8k 0.01% New
76 TOTH FINANCIAL ADVISORY CORP 0.00% of their portfolio LEESBURG, VA 107107 $10.0k $10.0k 0.00% Unchanged
77 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 4040 $3.7k $3.7k 0.00% Unchanged
78 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 3535 $3.3k $3.3k 0.00% Unchanged
79 NFSG Corp 0.00% of their portfolio BOCA RATON, FL 3333 $3.1k $3.1k 0.00% New
80 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 3232 $3.0k $3.0k 0.00% Unchanged
81 Gould Capital, LLC 0.00% of their portfolio TACOMA, WA 1818 $1.7k $1.7k 0.00% Unchanged
82 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 00 $40 $40 0.00% Unchanged
83 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged