Vault-13

DIREXION SHS ETF TR SOXL

DLY SCOND 3XBU · ETP · CUSIP 25459W458

130 institutional holders +4 vs Q4 2025
11,384,95611.4m shares reported held*
$542.8mreported value*
39 new 20 added 50 reduced 36 sold out net bought ≈ $60.3m (+1.3m 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 ($286.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $47.68. Options: 6 managers hold calls ($1.3bn notional), 11 hold puts ($2.3bn).

Trends to Q1 2026

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: 124Q3 25: 119Q4 25: 126Q1 26: 130130Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q3 2025119
Q4 2025126
Q1 2026130

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 24: 47 bought or addedQ2 24: 59 cut or sold outQ3 24: 84 bought or addedQ3 24: 38 cut or sold outQ3 24Q4 24: 57 bought or addedQ4 24: 63 cut or sold outQ1 25: 78 bought or addedQ1 25: 47 cut or sold outQ1 25Q2 25: 71 bought or addedQ2 25: 61 cut or sold outQ3 25: 54 bought or addedQ3 25: 80 cut or sold outQ3 25Q4 25: 65 bought or addedQ4 25: 71 cut or sold outQ1 26: 59 bought or addedQ1 26: 86 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20244759
Q3 20248438
Q4 20245763
Q1 20257847
Q2 20257161
Q3 20255480
Q4 20256571
Q1 20265986

Calls vs puts

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

CallsPuts
$0$1bn$2bn$3bnQ2 25 calls: $885.1mQ2 25 puts: $1.1bnQ2 25P/C 1.24Q3 25 calls: $1.2bnQ3 25 puts: $1.4bnQ3 25P/C 1.14Q4 25 calls: $1.3bnQ4 25 puts: $1.8bnQ4 25P/C 1.35Q1 26 calls: $1.3bnQ1 26 puts: $2.3bnQ1 26P/C 1.77
Numbers
QuarterCallsPutsP/C
Q2 2025$885.1m$1.1bn1.24
Q3 2025$1.2bn$1.4bn1.14
Q4 2025$1.3bn$1.8bn1.35
Q1 2026$1.3bn$2.3bn1.77

Biggest buyers

Tower Research Capital LLC (TRC) Added +2,380,894+2.4m
JANE STREET GROUP, LLC Added +1,652,510+1.7m
Jump Financial, LLC New +991,823+991.8k
GTS SECURITIES LLC New +680,871+680.9k
IMC-Chicago, LLC Added +324,775+324.8k
Optiver Holding B.V. Added +251,587+251.6k
THAMES CAPITAL MANAGEMENT LLC New +227,953+228.0k
Westwood Wealth Management New +225,545+225.5k
HRT FINANCIAL LP New +179,625+179.6k
TWO SIGMA SECURITIES, LLC New +168,582+168.6k

Biggest sellers

CITADEL ADVISORS LLC Sold out -3,040,955-3.0m
SIMPLEX TRADING, LLC Sold out -1,236,517-1.2m
UBS Group AG Reduced -762,329-762.3k
GROUP ONE TRADING LLC Sold out -337,542-337.5k
SBI Securities Co., Ltd. Reduced -281,751-281.8k
Traynor Capital Management, Inc. Reduced -72,212-72.2k
Merit Financial Group, LLC Reduced -67,236-67.2k
ELEVATUS WELATH MANAGEMENT Reduced -44,742-44.7k
Morse Asset Management, Inc Reduced -39,574-39.6k
Walleye Trading LLC Sold out -37,793-37.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $535.6m11.2m shares
JANE STREET GROUP, LLC Reduced $500.3m10.4m shares
CITADEL ADVISORS LLC Added $270.6m5.6m shares
GOLDMAN SACHS GROUP INC Unchanged $7.3m151.7k shares
Walleye Trading LLC Added $7.0m145.5k shares
Traynor Capital Management, Inc. Reduced $3.4m71.3k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.0bn21.6m shares
JANE STREET GROUP, LLC Reduced $694.8m14.5m shares
CITADEL ADVISORS LLC Reduced $344.2m7.2m shares
IMC-Chicago, LLC Reduced $158.2m3.3m shares
TORNO CAPITAL, LLC Added $89.0m1.9m shares
GROUP ONE TRADING LLC Reduced $16.4m342.6k shares
Walleye Trading LLC Reduced $5.9m123.0k shares
TUDOR INVESTMENT CORP ET AL New $4.3m90.0k shares
LMR Partners LLP Reduced $2.4m50.0k shares
GOLDMAN SACHS GROUP INC Unchanged $277.9k5.8k 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, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Tower Research Capital LLC (TRC) 2.96% of their portfolio NEW YORK, NY 2,381,1622.4m $114.1m $114.1m 2.96% Added +2.4m +2,380,894
2 JANE STREET GROUP, LLC 0.09% of their portfolio NEW YORK, NY 1,657,5831.7m $79.4m $79.4m 0.09% Added +1.7m +1,652,510
3 Jump Financial, LLC 0.70% of their portfolio Chicago, IL 991,823991.8k $47.5m $47.5m 0.70% New
4 Traynor Capital Management, Inc. 1.88% of their portfolio MALVERN, PA 777,775777.8k $31.6m $31.6m 1.88% Reduced -72.2k -72,212
5 GTS SECURITIES LLC 1.15% of their portfolio NEW YORK, NY 680,871680.9k $32.6m $32.6m 1.15% New
6 SBI Securities Co., Ltd. 0.73% of their portfolio TOKYO, M0 558,378558.4k $26.8m $26.8m 0.73% Reduced -281.8k -281,751
7 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio BALA CYNWYD, PA 489,112489.1k $23.4m $23.4m 0.03% Added +8.8k +8,849
8 IMC-Chicago, LLC 0.28% of their portfolio CHICAGO, IL 383,819383.8k $18.4m $18.4m 0.28% Added +324.8k +324,775
9 Optiver Holding B.V. 0.51% of their portfolio AMSTERDAM, P7 281,863281.9k $13.5m $13.5m 0.51% Added +251.6k +251,587
10 TORNO CAPITAL, LLC 2.62% of their portfolio COHASSET, MA 260,000260.0k $12.5m $12.5m 2.62% Not comparable
11 UBS Group AG 0.00% of their portfolio ZURICH, V8 241,608241.6k $11.6m $11.6m 0.00% Reduced -762.3k -762,329
12 THAMES CAPITAL MANAGEMENT LLC 1.96% of their portfolio Roseland, NJ 227,953228.0k $10.9m $10.9m 1.96% New
13 Westwood Wealth Management 4.24% of their portfolio Los Angeles, CA 225,545225.5k $10.8m $10.8m 4.24% New
14 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 203,229203.2k $8.3m $8.3m 0.00% Added +2.6k +2,579
15 HRT FINANCIAL LP 0.03% of their portfolio NEW YORK, NY 179,625179.6k $8.6m $8.6m 0.03% New
16 TWO SIGMA SECURITIES, LLC 0.94% of their portfolio NEW YORK, NY 168,582168.6k $8.1m $8.1m 0.94% New
17 Timothy G. Youngquist 2020 Irrevocable Trust 2.53% of their portfolio FORT MYERS, FL 108,052108.1k $5.2m $5.2m 2.53% Unchanged
18 Howard Capital Management, LLC 0.07% of their portfolio Alpharetta, GA 93,77093.8k $4.5m $4.5m 0.07% Reduced -6.0k -5,966
19 Avestar Capital, LLC 0.29% of their portfolio New York, NY 88,50488.5k $4.2m $4.2m 0.29% Added +28.7k +28,699
20 Belvedere Trading LLC 0.53% of their portfolio CHICAGO, IL 83,02683.0k $4.0m $4.0m 0.53% New
21 Mariner, LLC 0.00% of their portfolio Overland Park, KS 79,80279.8k $3.8m $3.8m 0.00% Added +15.0k +14,983
22 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 79,44279.4k $3.8m $3.8m 0.01% Reduced -20.4k -20,405
23 SIH Partners, LLLP 0.10% of their portfolio Wilmington, DE 66,85866.9k $3.2m $3.2m 0.10% New
24 Integrated Wealth Concepts LLC 0.02% of their portfolio WALTHAM, MA 61,91361.9k $3.0m $3.0m 0.02% New
25 October Effect Ltd 3.32% of their portfolio VIRGINIA BEACH, VA 60,13260.1k $2.9m $2.9m 3.32% Reduced -35.5k -35,546
26 ELEVATUS WELATH MANAGEMENT 1.46% of their portfolio VICTOR, NY 58,06358.1k $2.8m $2.8m 1.46% Reduced -44.7k -44,742
27 XTX Topco Ltd 0.05% of their portfolio LONDON, X0 55,53255.5k $2.7m $2.7m 0.05% New
28 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 52,89452.9k $2.5m $2.5m 0.00% New
29 M Holdings Securities, Inc. 0.40% of their portfolio PORTLAND, OR 51,65051.6k $5.9m $5.9m 0.40% Reduced -989 -989
30 DV Trading LLC 0.22% of their portfolio CHICAGO, IL 51,44551.4k $2.5m $2.5m 0.22% Reduced -10.3k -10,303
31 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 43,56943.6k $2.1m $2.1m 0.00% Added +9.8k +9,844
32 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 30,59630.6k $1.5m $1.5m 0.00% New
33 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 28,77928.8k $1.4m $1.4m 0.00% Reduced -13.1k -13,131
34 StoneX Group Inc. 0.07% of their portfolio NEW YORK, NY 26,42226.4k $1.3m $1.3m 0.07% Reduced -7.0k -6,950
35 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 24,43924.4k $1.2m $1.2m 0.00% Reduced -24.8k -24,811
36 SteelPeak Wealth, LLC 0.03% of their portfolio WOODLAND HILLS, CA 22,75722.8k $1.1m $1.1m 0.03% Added +266 +266
37 Meridian Wealth Management, LLC 0.03% of their portfolio LEXINGTON, KY 19,87919.9k $952.4k $952.4k 0.03% Reduced -737 -737
38 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 18,63518.6k $892.8k $892.8k 0.01% Reduced -26.3k -26,334
39 Merit Financial Group, LLC 0.01% of their portfolio ALPHARETTA, GA 18,09718.1k $867.0k $867.0k 0.01% Reduced -67.2k -67,236
40 Clearwater Capital Advisors, LLC 0.06% of their portfolio HOFFMAN ESTATES, IL 16,51316.5k $791.1k $791.1k 0.06% New
41 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 16,49716.5k $790.4k $790.4k 0.00% Reduced -13.4k -13,412
42 NorthCoast Asset Management LLC 0.02% of their portfolio STAMFORD, CT 15,91815.9k $762.6k $762.6k 0.02% Reduced -75 -75
43 Triton Wealth Management, PLLC 0.30% of their portfolio SUN CITY, AZ 15,25315.3k $819.4k $819.4k 0.30% New
44 Alchemi Wealth, LLC 0.40% of their portfolio ESSEX, CT 15,10115.1k $723.5k $723.5k 0.40% Reduced -3.8k -3,848
45 Rollins Financial Advisors, LLC 0.11% of their portfolio ATLANTA, GA 14,49214.5k $694.3k $694.3k 0.11% New
46 PRIVATE CLIENT SERVICES, LLC 0.20% of their portfolio LOUISVILLE, KY 13,87513.9k $664.8k $664.8k 0.20% New
47 Prime Capital Investment Advisors, LLC 0.01% of their portfolio OVERLAND PARK, KS 13,39813.4k $641.9k $641.9k 0.01% Reduced -2.8k -2,780
48 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 13,07913.1k $626.7k $626.7k 0.00% Added +7.2k +7,150
49 VERUS CAPITAL PARTNERS, LLC 0.04% of their portfolio SCOTTSDALE, AZ 11,57411.6k $554.5k $554.5k 0.04% Reduced -100 -100
50 Parallel Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 11,49911.5k $550.9k $550.9k 0.01% Reduced -5.0k -5,008
51 INSIGNEO ADVISORY SERVICES, LLC 0.04% of their portfolio MIAMI, FL 11,11211.1k $532.4k $532.4k 0.04% Added +1.7k +1,711
52 Discipline Wealth Solutions, LLC 0.05% of their portfolio GREENVILLE, SC 10,62710.6k $509.1k $509.1k 0.05% New
53 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 10,52910.5k $504.4k $504.4k 0.00% New
54 RWA WEALTH PARTNERS, LLC 0.01% of their portfolio BOSTON, MA 10,36510.4k $496.6k $496.6k 0.01% Reduced -45 -45
55 Dedeker Financial LLC 0.43% of their portfolio ST. LOUIS PARK, MN 10,33710.3k $495.3k $495.3k 0.43% Reduced -15.2k -15,185
56 BLVD Private Wealth, LLC 0.41% of their portfolio Prospect, KY 9,8569.9k $472.2k $472.2k 0.41% Unchanged
57 BURNEY CO/ 0.01% of their portfolio RESTON, VA 9,6439.6k $462.0k $462.0k 0.01% Reduced -1.5k -1,477
58 StoneCrest Wealth Management, Inc. 0.19% of their portfolio CHANDLER, AZ 9,3539.4k $448.1k $448.1k 0.19% Reduced -902 -902
59 TOTH FINANCIAL ADVISORY CORP 0.05% of their portfolio LEESBURG, VA 9,0159.0k $431.9k $431.9k 0.05% Reduced -234 -234
60 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 8,3458.3k $436.1k $436.1k 0.00% Reduced -800 -800
61 WJ Financial Advisors LLC 0.32% of their portfolio KILLINGWORTH, CT 8,3008.3k $397.7k $397.7k 0.32% New
62 Marex Group Ltd 0.00% of their portfolio London, X0 8,2518.3k $395.3k $395.3k 0.00% New
63 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 8,0008.0k $383.3k $383.3k 0.00% New
64 CERTUITY, LLC 0.03% of their portfolio NORTH PALM BEACH, FL 8,0008.0k $383.3k $383.3k 0.03% New
65 Kaizen Financial Strategies 0.30% of their portfolio CAMPBELL, CA 7,9608.0k $703.4k $703.4k 0.30% Added +350 +350
66 Strategic Blueprint, LLC 0.02% of their portfolio ATLANTA, GA 7,3007.3k $349.7k $349.7k 0.02% Added +680 +680
67 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 7,2107.2k $345.4k $345.4k 0.00% Reduced -31.1k -31,100
68 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 7,0967.1k $340.0k $340.0k 0.00% New
69 Calamos Wealth Management LLC 0.01% of their portfolio NAPERVILLE, IL 7,0967.1k $340.0k $340.0k 0.01% Unchanged
70 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 6,8486.8k $328.1k $328.1k 0.00% Reduced -275 -275
71 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 6,8366.8k $328.0k $328.0k 0.00% New
72 Summit Financial, LLC 0.00% of their portfolio PARSIPPANY, NJ 6,5896.6k $315.7k $315.7k 0.00% Reduced -883 -883
73 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 6,0646.1k $291.0k $291.0k 0.00% Reduced -78 -78
74 SHUFRO ROSE & CO LLC 0.02% of their portfolio NEW YORK, NY 6,0006.0k $287.5k $287.5k 0.02% Unchanged
75 Brooklyn Investment Group 0.01% of their portfolio NEW YORK, NY 5,9876.0k $286.8k $286.8k 0.01% New
76 Morse Asset Management, Inc 0.06% of their portfolio DARIEN, CT 5,7955.8k $277.6k $277.6k 0.06% Reduced -39.6k -39,574
77 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 5,7345.7k $274.7k $274.7k 0.01% New
78 Allegheny Financial Group 0.04% of their portfolio Pittsburgh, PA 5,4965.5k $263.3k $263.3k 0.04% Unchanged
79 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 5,3005.3k $253.9k $253.9k 0.00% Added +1.8k +1,813
80 Foundations Investment Advisors, LLC 0.00% of their portfolio PHOENIX, AZ 5,1505.2k $246.7k $246.7k 0.00% Reduced -4.6k -4,591
81 Destiny Wealth Partners, LLC 0.03% of their portfolio TAVARES, FL 5,1285.1k $245.7k $245.7k 0.03% Unchanged
82 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 5,0005.0k $239.6k $239.6k 0.00% Unchanged
83 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 4,5874.6k $219.8k $219.8k 0.00% Reduced -2.6k -2,616
84 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 4,5504.5k $240.0k $240.0k 0.00% Reduced -200 -200
85 Wealthcare Advisory Partners LLC 0.00% of their portfolio WEST CHESTER, PA 4,3784.4k $209.8k $209.8k 0.00% Reduced -2.5k -2,545
86 VESTOR CAPITAL, LLC 0.01% of their portfolio CHICAGO, IL 4,3264.3k $207.0k $207.0k 0.01% Added +1.8k +1,782
87 TRUE Private Wealth Advisors 0.02% of their portfolio Salem, OR 4,2614.3k $204.2k $204.2k 0.02% New
88 Larson Financial Group LLC 0.01% of their portfolio ST LOUIS, MO 4,2194.2k $202.1k $202.1k 0.01% Reduced -2.8k -2,842
89 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 2,9252.9k $140.1k $140.1k 0.00% Reduced -1 -1
90 Chicago Partners Investment Group LLC 0.01% of their portfolio CHICAGO, IL 2,7712.8k $292.7k $292.7k 0.01% New
91 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 2,7242.7k $130.5k $130.5k 0.00% Added +2.3k +2,256
92 PayPay Securities Corp 7.96% of their portfolio TOKYO, M0 2,6022.6k $229.9k $229.9k 7.96% Reduced -1.2k -1,204
93 Covestor Ltd 0.08% of their portfolio LONDON, X0 2,4322.4k $117.0k $117.0k 0.08% Added +482 +482
94 Serenity Investment Advisors 0.22% of their portfolio CHICAGO, IL 2,4262.4k $462.3k $462.3k 0.22% New
95 Crewe Advisors LLC 0.01% of their portfolio SALT LAKE CITY, UT 2,3502.4k $112.6k $112.6k 0.01% Reduced -400 -400
96 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 2,1102.1k $101.1k $101.1k 0.00% Reduced -190 -190
97 Bogart Wealth, LLC 0.00% of their portfolio MCLEAN, VA 1,0001.0k $47.9k $47.9k 0.00% Reduced -8.0k -8,005
98 SHP Wealth Management 0.00% of their portfolio PLYMOUTH, MA 955955 $45.8k $45.8k 0.00% Reduced -410 -410
99 St. Johns Investment Management Company, LLC 0.02% of their portfolio JACKSONVILLE, FL 800800 $38.3k $38.3k 0.02% New
100 Forum Finance Group S.A. 0.02% of their portfolio GENEVA, V8 651651 $29.0k $29.0k 0.02% First filing