Vault-13

DIREXION SHS ETF TR SOXL

DLY SCOND 3XBU · ETP · CUSIP 25459W458

124 institutional holders +2 vs Q1 2025
35,380,36435.4m shares reported held*
$890.4mreported value*
30 new 41 added 32 reduced 29 sold out net bought ≈ $487.4m (+19.4m 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 ≈ $25.17. Options: 12 managers hold calls ($885.1m notional), 12 hold puts ($1.1bn).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 78Q4 22: 91Q1 23: 82Q2 23: 83Q3 23: 90Q4 23: 97Q1 24: 108Q2 24: 114Q3 24: 126Q4 24: 116Q1 25: 122Q2 25: 124124Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202278
Q4 202291
Q1 202382
Q2 202383
Q3 202390
Q4 202397
Q1 2024108
Q2 2024114
Q3 2024126
Q4 2024116
Q1 2025122
Q2 2025124

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 56 bought or addedQ3 23: 36 cut or sold outQ4 23: 43 bought or addedQ4 23: 56 cut or sold outQ4 23Q1 24: 56 bought or addedQ1 24: 58 cut or sold outQ2 24: 47 bought or addedQ2 24: 59 cut or sold outQ2 24Q3 24: 84 bought or addedQ3 24: 38 cut or sold outQ4 24: 57 bought or addedQ4 24: 63 cut or sold outQ4 24Q1 25: 78 bought or addedQ1 25: 47 cut or sold outQ2 25: 71 bought or addedQ2 25: 61 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20235636
Q4 20234356
Q1 20245658
Q2 20244759
Q3 20248438
Q4 20245763
Q1 20257847
Q2 20257161

Calls vs puts

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

CallsPuts
$0$500m$1bn$1.5bnQ3 24 calls: $727.8mQ3 24 puts: $924.5mQ3 24P/C 1.27Q4 24 calls: $570.3mQ4 24 puts: $815.5mQ4 24P/C 1.43Q1 25 calls: $243.8mQ1 25 puts: $568.0mQ1 25P/C 2.33Q2 25 calls: $885.1mQ2 25 puts: $1.1bnQ2 25P/C 1.24
Numbers
QuarterCallsPutsP/C
Q3 2024$727.8m$924.5m1.27
Q4 2024$570.3m$815.5m1.43
Q1 2025$243.8m$568.0m2.33
Q2 2025$885.1m$1.1bn1.24

Biggest buyers

JANE STREET GROUP, LLC Added +19,132,611+19.1m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +1,294,325+1.3m
CloudAlpha Capital Management Limited/Hong Kong New +903,100+903.1k
SBI Securities Co., Ltd. Added +526,417+526.4k
GOLDMAN SACHS GROUP INC Added +448,877+448.9k
Jump Financial, LLC New +417,726+417.7k
ELEVATUS WELATH MANAGEMENT New +379,012+379.0k
Squarepoint Ops LLC Added +349,941+349.9k
GROUP ONE TRADING LLC Added +319,393+319.4k
Traynor Capital Management, Inc. Added +224,899+224.9k

Biggest sellers

CITADEL ADVISORS LLC Reduced -1,378,101-1.4m
BNP PARIBAS FINANCIAL MARKETS Sold out -500,000-500.0k
SIMPLEX TRADING, LLC Reduced -366,764-366.8k
WOLVERINE TRADING, LLC Reduced -340,561-340.6k
UBS Group AG Reduced -321,721-321.7k
MORGAN STANLEY Reduced -302,693-302.7k
Marex Group Ltd Sold out -300,160-300.2k
Tower Research Capital LLC (TRC) Reduced -277,809-277.8k
Parallax Volatility Advisers, L.P. Sold out -267,704-267.7k
Optiver Holding B.V. Reduced -243,787-243.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $394.2m15.7m shares
JANE STREET GROUP, LLC Added $254.6m10.1m shares
CITADEL ADVISORS LLC Added $145.6m5.8m shares
WOLVERINE TRADING, LLC Added $50.5m2.0m shares
LMR Partners LLP Unchanged $25.1m1.0m shares
Walleye Trading LLC Added $6.2m247.7k shares
GOLDMAN SACHS GROUP INC New $3.8m151.7k shares
HAP Trading, LLC Added $2.1m304.5k shares
MILLENNIUM MANAGEMENT LLC Reduced $2.1m83.7k shares
Squarepoint Ops LLC Unchanged $745.8k29.7k shares

Biggest puts

JANE STREET GROUP, LLC Added $475.9m19.0m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $244.1m9.7m shares
CITADEL ADVISORS LLC Reduced $201.0m8.0m shares
IMC-Chicago, LLC Added $69.8m2.8m shares
TORNO CAPITAL, LLC Added $58.7m2.3m shares
WOLVERINE TRADING, LLC Added $24.5m974.8k shares
GROUP ONE TRADING LLC Added $15.2m607.2k shares
Walleye Trading LLC Added $5.1m202.7k shares
Squarepoint Ops LLC Reduced $4.2m165.4k shares
HRT FINANCIAL LP Reduced $1.9m74.0k 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 JANE STREET GROUP, LLC 0.78% of their portfolio NEW YORK, NY 19,254,06119.3m $483.5m $483.5m 0.78% Added +19.1m +19,132,611
2 UBS Group AG 0.01% of their portfolio ZURICH, V8 2,098,5632.1m $52.7m $52.7m 0.01% Reduced -321.7k -321,721
3 CITADEL ADVISORS LLC 0.04% of their portfolio MIAMI, FL 1,995,6332.0m $50.1m $50.1m 0.04% Reduced -1.4m -1,378,101
4 SBI Securities Co., Ltd. 1.21% of their portfolio TOKYO, M0 1,669,2591.7m $41.9m $41.9m 1.21% Added +526.4k +526,417
5 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.05% of their portfolio BALA CYNWYD, PA 1,366,7981.4m $34.3m $34.3m 0.05% Added +1.3m +1,294,325
6 Traynor Capital Management, Inc. 1.91% of their portfolio MALVERN, PA 1,092,2361.1m $27.0m $27.0m 1.91% Added +224.9k +224,899
7 CloudAlpha Capital Management Limited/Hong Kong 2.80% of their portfolio HONG KONG, K3 903,100903.1k $22.7m $22.7m 2.80% New
8 GROUP ONE TRADING LLC 0.66% of their portfolio CHICAGO, IL 803,753803.8k $20.2m $20.2m 0.66% Added +319.4k +319,393
9 Tower Research Capital LLC (TRC) 0.39% of their portfolio NEW YORK, NY 570,966571.0k $14.3m $14.3m 0.39% Reduced -277.8k -277,809
10 SIMPLEX TRADING, LLC 0.35% of their portfolio CHICAGO, IL 515,960516.0k $13.0m $13.0m 0.35% Reduced -366.8k -366,764
11 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 476,298476.3k $12.0m $12.0m 0.00% Added +448.9k +448,877
12 Squarepoint Ops LLC 0.03% of their portfolio NEW YORK, NY 473,519473.5k $11.9m $11.9m 0.03% Added +349.9k +349,941
13 Jump Financial, LLC 0.13% of their portfolio Chicago, IL 417,726417.7k $10.5m $10.5m 0.13% New
14 ELEVATUS WELATH MANAGEMENT 3.17% of their portfolio VICTOR, NY 379,012379.0k $9.5m $9.5m 3.17% New
15 Westwood Wealth Management 2.57% of their portfolio Los Angeles, CA 304,070304.1k $7.6m $7.6m 2.57% Added +72.8k +72,825
16 Avestar Capital, LLC 0.49% of their portfolio New York, NY 264,996265.0k $6.7m $6.7m 0.49% Added +185.4k +185,383
17 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 223,780223.8k $5.6m $5.6m 0.00% Reduced -302.7k -302,693
18 WOLVERINE TRADING, LLC 0.13% of their portfolio CHICAGO, IL 201,692201.7k $5.1m $5.1m 0.13% Reduced -340.6k -340,561
19 Howard Capital Management, LLC 0.07% of their portfolio Alpharetta, GA 197,439197.4k $5.0m $5.0m 0.07% Added +98.1k +98,139
20 IMC-Chicago, LLC 0.11% of their portfolio CHICAGO, IL 180,838180.8k $4.5m $4.5m 0.11% Added +34.3k +34,312
21 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 174,241174.2k $4.4m $4.4m 0.00% Added +74.8k +74,815
22 October Effect Ltd 4.21% of their portfolio VIRGINIA BEACH, VA 138,990139.0k $3.5m $3.5m 4.21% First filing
23 Optiver Holding B.V. 0.07% of their portfolio AMSTERDAM, P7 98,41498.4k $2.5m $2.5m 0.07% Reduced -243.8k -243,787
24 Merit Financial Group, LLC 0.03% of their portfolio ALPHARETTA, GA 94,26094.3k $2.4m $2.4m 0.03% Reduced -9.8k -9,780
25 TWO SIGMA SECURITIES, LLC 0.28% of their portfolio NEW YORK, NY 89,72489.7k $2.3m $2.3m 0.28% Added +78.0k +78,040
26 Mariner, LLC 0.00% of their portfolio Overland Park, KS 78,97979.0k $2.0m $2.0m 0.00% Added +25.9k +25,917
27 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 71,43571.4k $1.8m $1.8m 0.00% Reduced -232.7k -232,712
28 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 65,99266.0k $1.7m $1.7m 0.01% New
29 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 62,84262.8k $1.6m $1.6m 0.00% Added +28.8k +28,794
30 Integrated Wealth Concepts LLC 0.02% of their portfolio WALTHAM, MA 60,28660.3k $1.5m $1.5m 0.02% New
31 SURIENCE PRIVATE WEALTH LLC 1.23% of their portfolio YAKIMA, WA 52,21752.2k $1.3m $1.3m 1.23% New
32 Triton Wealth Management, PLLC 0.57% of their portfolio SUN CITY, AZ 51,80651.8k $1.3m $1.3m 0.57% First filing
33 Morse Asset Management, Inc 0.26% of their portfolio DARIEN, CT 47,97048.0k $1.2m $1.2m 0.26% Added +9.9k +9,942
34 NRI Wealth Management LC 0.59% of their portfolio SANTA CLARA, CA 39,07439.1k $981.1k $981.1k 0.59% New
35 M Holdings Securities, Inc. 0.15% of their portfolio PORTLAND, OR 35,86635.9k $901.0k $901.0k 0.15% Added +12.6k +12,620
36 THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. 0.11% of their portfolio INDIANAPOLIS, IN 34,53834.5k $867.2k $867.2k 0.11% Added +32.5k +32,538
37 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 33,62233.6k $844.2k $844.2k 0.00% Added +6.7k +6,729
38 Dakota Community Bank & Trust NA 3.55% of their portfolio HEBRON, ND 31,52031.5k $791.5k $791.5k 3.55% New
39 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 31,31631.3k $786.3k $786.3k 0.00% Added +172 +172
40 Stratos Wealth Advisors, LLC 0.04% of their portfolio BEACHWOOD, OH 30,79330.8k $773.2k $773.2k 0.04% Added +8.6k +8,579
41 EP Wealth Advisors, LLC 0.00% of their portfolio TORRANCE, CA 29,78929.8k $748.0k $748.0k 0.00% Added +413 +413
42 Prospera Financial Services Inc 0.01% of their portfolio Dallas, TX 29,28029.3k $735.2k $735.2k 0.01% New
43 Meridian Wealth Management, LLC 0.03% of their portfolio LEXINGTON, KY 26,60126.6k $668.0k $668.0k 0.03% Added +16.5k +16,543
44 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 26,35826.4k $661.8k $661.8k 0.00% Reduced -52.0k -52,019
45 Belvedere Trading LLC 0.05% of their portfolio CHICAGO, IL 23,83123.8k $598.4k $598.4k 0.05% Reduced -104.1k -104,064
46 Empowered Funds, LLC 0.01% of their portfolio NEWTOWN SQUARE, PA 21,45821.5k $538.8k $538.8k 0.01% New
47 Prime Capital Investment Advisors, LLC 0.01% of their portfolio OVERLAND PARK, KS 20,68620.7k $519.4k $519.4k 0.01% Added +6.8k +6,810
48 REDW Wealth LLC 0.20% of their portfolio ALBUQUERQUE, NM 20,00020.0k $502.2k $502.2k 0.20% Unchanged
49 LM Advisors LLC 0.06% of their portfolio SAN DIEGO, CA 20,00020.0k $502.0k $502.0k 0.06% Unchanged
50 XTX Topco Ltd 0.02% of their portfolio LONDON, X0 18,25618.3k $458.4k $458.4k 0.02% Reduced -85.6k -85,592
51 Optivise Advisory Services LLC 0.23% of their portfolio FRANKLIN, TN 17,95618.0k $450.9k $450.9k 0.23% Added +4.8k +4,760
52 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 17,70117.7k $444.5k $444.5k 0.00% Reduced -42.1k -42,100
53 Summit Financial, LLC 0.01% of their portfolio PARSIPPANY, NJ 16,27916.3k $409.9k $409.9k 0.01% New
54 Parallel Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 16,25716.3k $408.2k $408.2k 0.01% Added +10.7k +10,745
55 VERUS CAPITAL PARTNERS, LLC 0.03% of their portfolio SCOTTSDALE, AZ 15,13015.1k $379.9k $379.9k 0.03% Added +109 +109
56 Gladstone Institutional Advisory LLC 0.02% of their portfolio Bedminster, NJ 15,07115.1k $378.4k $378.4k 0.02% New
57 DRW Securities, LLC 0.02% of their portfolio CHICAGO, IL 14,09614.1k $353.9k $353.9k 0.02% Reduced -21.7k -21,671
58 TOTH FINANCIAL ADVISORY CORP 0.04% of their portfolio LEESBURG, VA 13,63913.6k $342.5k $342.5k 0.04% Reduced -17.6k -17,550
59 CANTOR FITZGERALD, L. P. 0.01% of their portfolio NEW YORK, NY 13,11213.1k $329.2k $329.2k 0.01% Reduced -2.3k -2,306
60 HUB Investment Partners, LLC 0.01% of their portfolio AUSTIN, TX 13,00013.0k $326.4k $326.4k 0.01% New
61 BANK OF NOVA SCOTIA 0.00% of their portfolio TORONTO, A6 12,78012.8k $322.0k $322.0k 0.00% Reduced -13.3k -13,312
62 Rathbones Group PLC 0.00% of their portfolio Liverpool, X0 12,70012.7k $318.9k $318.9k 0.00% Reduced -600 -600
63 Farther Finance Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 12,22012.2k $306.8k $306.8k 0.01% Added +10.8k +10,820
64 VESTOR CAPITAL, LLC 0.20% of their portfolio CHICAGO, IL 11,26311.3k $2.7m $2.7m 0.20% New
65 Snowden Capital Advisors LLC 0.01% of their portfolio New York, NY 10,84510.8k $273.1k $273.1k 0.01% Unchanged
66 SIH Partners, LLLP 0.03% of their portfolio Wilmington, DE 10,79210.8k $271.0k $271.0k 0.03% New
67 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 10,75510.8k $270.1k $270.1k 0.00% New
68 StoneCrest Wealth Management, Inc. 0.12% of their portfolio CHANDLER, AZ 10,41710.4k $261.6k $261.6k 0.12% Reduced -1.5k -1,491
69 RWA WEALTH PARTNERS, LLC 0.00% of their portfolio BOSTON, MA 10,36510.4k $260.3k $260.3k 0.00% Unchanged
70 FLOW TRADERS U.S. LLC 0.01% of their portfolio NEW YORK, NY 10,29010.3k $258.0k $258.0k 0.01% New
71 Foundations Investment Advisors, LLC 0.00% of their portfolio PHOENIX, AZ 10,03710.0k $252.0k $252.0k 0.00% New
72 BLVD Private Wealth, LLC 0.23% of their portfolio Prospect, KY 9,8569.9k $247.5k $247.5k 0.23% First filing
73 BURNEY CO/ 0.01% of their portfolio RESTON, VA 9,6539.7k $242.4k $242.4k 0.01% New
74 Visionary Wealth Advisors 0.01% of their portfolio O'FALLON, IL 8,7128.7k $218.8k $218.8k 0.01% Reduced -1.5k -1,539
75 Bogart Wealth, LLC 0.01% of their portfolio MCLEAN, VA 8,5008.5k $213.4k $213.4k 0.01% Added +4.0k +4,000
76 Archford Capital Strategies, LLC 0.03% of their portfolio SWANSEA, IL 8,4368.4k $211.8k $211.8k 0.03% Reduced -11.9k -11,907
77 GR FINANCIAL GROUP, LLC 0.05% of their portfolio TUCSON, AZ 8,4368.4k $211.8k $211.8k 0.05% New
78 May Hill Capital, LLC 0.07% of their portfolio COHASSET, MA 8,3458.3k $209.5k $209.5k 0.07% New
79 HOEY INVESTMENTS, INC 0.03% of their portfolio COATESVILLE, PA 8,2028.2k $206.0k $206.0k 0.03% Reduced -17.2k -17,216
80 Retirement Planning Co of New England, Inc. 0.09% of their portfolio Warwick, RI 8,1508.2k $204.6k $204.6k 0.09% New
81 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 8,1328.1k $204.2k $204.2k 0.01% Unchanged
82 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 6,4636.5k $162.3k $162.3k 0.00% First filing
83 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 5,9335.9k $149.0k $149.0k 0.00% Added +1.2k +1,250
84 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 5,5005.5k $138.1k $138.1k 0.00% Added +1.9k +1,910
85 Abound Wealth Management 0.04% of their portfolio FRANKLIN, TN 5,4005.4k $135.6k $135.6k 0.04% New
86 Covestor Ltd 0.08% of their portfolio LONDON, X0 5,3855.4k $135.0k $135.0k 0.08% Added +3.6k +3,595
87 Beacon Capital Management, LLC 0.02% of their portfolio FRANKLIN, TN 5,3695.4k $134.8k $134.8k 0.02% Added +14 +14
88 St. Johns Investment Management Company, LLC 0.05% of their portfolio JACKSONVILLE, FL 4,4684.5k $112.2k $112.2k 0.05% Added +1.6k +1,588
89 PayPay Securities Corp 5.08% of their portfolio TOKYO, M0 4,1364.1k $103.9k $103.9k 5.08% Added +337 +337
90 Crewe Advisors LLC 0.01% of their portfolio SALT LAKE CITY, UT 3,8503.9k $96.7k $96.7k 0.01% Added +20 +20
91 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 3,6503.6k $91.7k $91.7k 0.00% Reduced -850 -850
92 Copia Wealth Management 0.04% of their portfolio BEND, OR 2,0542.1k $51.6k $51.6k 0.04% Unchanged
93 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 2,0002.0k $50.2k $50.2k 0.00% Reduced -43.1k -43,111
94 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,9501.9k $49.0k $49.0k 0.00% Reduced -237 -237
95 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 1,9241.9k $48.3k $48.3k 0.00% Reduced -195.2k -195,198
96 OPTIMUM INVESTMENT ADVISORS 0.01% of their portfolio Chicago, IL 1,3001.3k $32.6k $32.6k 0.01% Added +1.1k +1,100
97 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 1,1921.2k $29.9k $29.9k 0.00% Added +160 +160
98 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,1411.1k $28.7k $28.7k 0.00% Reduced -2.1k -2,114
99 Anchor Investment Management, LLC 0.00% of their portfolio COLUMBIA, SC 1,0301.0k $25.9k $25.9k 0.00% Reduced -335 -335
100 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 1,0001.0k $25.1k $25.1k 0.00% New