Vault-13

DIREXION SHS ETF TR TNA

DLY SMCAP BULL3X · ETP · CUSIP 25459W847

83 institutional holders -22 vs Q4 2024
5,994,3516.0m shares reported held*
$175.7mreported value*
13 new 24 added 29 reduced 32 sold out net bought ≈ $51.5m (+1.8m 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 ≈ $29.31. Options: 9 managers hold calls ($203.1m notional), 8 hold puts ($143.5m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 45Q4 22: 53Q1 23: 51Q2 23: 62Q3 23: 53Q4 23: 85Q1 24: 82Q2 24: 82Q3 24: 102Q4 24: 105Q1 25: 8383Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202245
Q4 202253
Q1 202351
Q2 202362
Q3 202353
Q4 202385
Q1 202482
Q2 202482
Q3 2024102
Q4 2024105
Q1 202583

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 23: 40 bought or addedQ2 23: 18 cut or sold outQ3 23: 24 bought or addedQ3 23: 41 cut or sold outQ3 23Q4 23: 64 bought or addedQ4 23: 22 cut or sold outQ1 24: 48 bought or addedQ1 24: 49 cut or sold outQ1 24Q2 24: 41 bought or addedQ2 24: 47 cut or sold outQ3 24: 57 bought or addedQ3 24: 46 cut or sold outQ3 24Q4 24: 52 bought or addedQ4 24: 55 cut or sold outQ1 25: 37 bought or addedQ1 25: 61 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20234018
Q3 20232441
Q4 20236422
Q1 20244849
Q2 20244147
Q3 20245746
Q4 20245255
Q1 20253761

Calls vs puts

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

CallsPuts
$0$100m$200m$300m$400mQ2 24 calls: $225.9mQ2 24 puts: $136.7mQ2 24P/C 0.60Q3 24 calls: $330.9mQ3 24 puts: $239.4mQ3 24P/C 0.72Q4 24 calls: $379.8mQ4 24 puts: $252.1mQ4 24P/C 0.66Q1 25 calls: $203.1mQ1 25 puts: $143.5mQ1 25P/C 0.71
Numbers
QuarterCallsPutsP/C
Q2 2024$225.9m$136.7m0.60
Q3 2024$330.9m$239.4m0.72
Q4 2024$379.8m$252.1m0.66
Q1 2025$203.1m$143.5m0.71

Biggest buyers

JANE STREET GROUP, LLC New +2,372,030+2.4m
Marex Group Ltd Added +85,567+85.6k
GTS SECURITIES LLC Added +85,068+85.1k
Squarepoint Ops LLC Added +79,617+79.6k
Impala Asset Management LLC New +68,200+68.2k
TB Alternative Assets Ltd. Added +57,601+57.6k
WOLVERINE TRADING, LLC Added +52,398+52.4k
SIMPLEX TRADING, LLC New +44,052+44.1k
ICON ADVISERS INC/CO Added +39,500+39.5k
TWO SIGMA SECURITIES, LLC New +35,897+35.9k

Biggest sellers

PEREGRINE INVESTMENT MANAGEMENT INC Sold out -240,000-240.0k
Jump Financial, LLC Reduced -216,145-216.1k
Quadrature Capital Ltd Reduced -206,932-206.9k
Oriental Harbor Investment Master Fund Sold out -174,113-174.1k
MORGAN STANLEY Reduced -78,191-78.2k
JPMORGAN CHASE & CO Sold out -43,167-43.2k
FNY Investment Advisers, LLC Sold out -42,500-42.5k
FLOW TRADERS U.S. LLC Reduced -39,224-39.2k
Westwood Wealth Management Reduced -31,000-31.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -29,375-29.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $89.1m3.0m shares
CITADEL ADVISORS LLC Reduced $68.0m2.3m shares
JANE STREET GROUP, LLC Added $24.7m844.1k shares
WOLVERINE TRADING, LLC Reduced $18.6m626.5k shares
Private Capital Management, LLC New $1.5m50.0k shares
Squarepoint Ops LLC Reduced $1.2m40.2k shares
SIGNATUREFD, LLC New $52.7k20.0k shares
HAP Trading, LLC Reduced $23.5k24.0k shares
OPTIMUM INVESTMENT ADVISORS New $201.0k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $62.1m2.1m shares
CITADEL ADVISORS LLC Reduced $36.6m1.3m shares
JANE STREET GROUP, LLC Reduced $27.7m945.6k shares
WOLVERINE TRADING, LLC Reduced $12.7m427.9k shares
TORNO CAPITAL, LLC Not comparable $3.6m124.0k shares
Squarepoint Ops LLC Reduced $406.7k13.9k shares
HAP Trading, LLC Reduced $212.6k18.6k shares
Tidal Investments LLC Unchanged $45.6k3.6k 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, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JANE STREET GROUP, LLC 0.12% of their portfolio NEW YORK, NY 2,372,0302.4m $69.4m $69.4m 0.12% New
2 Quadrature Capital Ltd 0.25% of their portfolio LONDON, X0 378,658378.7k $11.1m $11.1m 0.25% Reduced -206.9k -206,932
3 Tidal Investments LLC 0.09% of their portfolio Milwaukee, WI 365,000365.0k $10.7m $10.7m 0.09% Unchanged
4 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 281,354281.4k $8.2m $8.2m 0.01% Reduced -29.4k -29,375
5 Squarepoint Ops LLC 0.02% of their portfolio NEW YORK, NY 275,538275.5k $8.1m $8.1m 0.02% Added +79.6k +79,617
6 UBS Group AG 0.00% of their portfolio ZURICH, V8 258,560258.6k $7.6m $7.6m 0.00% Reduced -13.4k -13,374
7 GTS SECURITIES LLC 0.17% of their portfolio NEW YORK, NY 132,015132.0k $3.9m $3.9m 0.17% Added +85.1k +85,068
8 TB Alternative Assets Ltd. 0.88% of their portfolio HONG KONG, K3 129,106129.1k $3.8m $3.8m 0.88% Added +57.6k +57,601
9 WOLVERINE TRADING, LLC 0.11% of their portfolio CHICAGO, IL 115,015115.0k $3.4m $3.4m 0.11% Added +52.4k +52,398
10 Marex Group Ltd 0.06% of their portfolio London, X0 113,749113.7k $3.3m $3.3m 0.06% Added +85.6k +85,567
11 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 100,114100.1k $2.9m $2.9m 0.00% Reduced -78.2k -78,191
12 Traynor Capital Management, Inc. 0.23% of their portfolio MALVERN, PA 94,56294.6k $2.8m $2.8m 0.23% Added +1.3k +1,344
13 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 85,23885.2k $2.5m $2.5m 0.00% Reduced -4.8k -4,773
14 ICON ADVISERS INC/CO 0.57% of their portfolio GREENWOOD VILLAGE, CO 83,15083.2k $2.4m $2.4m 0.57% Added +39.5k +39,500
15 Spire Wealth Management 0.08% of their portfolio MCLEAN, VA 81,12381.1k $2.4m $2.4m 0.08% Added +5.1k +5,056
16 TOWNSQUARE CAPITAL LLC 0.02% of their portfolio Lehi, UT 73,26773.3k $2.1m $2.1m 0.02% Added +25 +25
17 Impala Asset Management LLC 1.54% of their portfolio Palm Beach, FL 68,20068.2k $2.0m $2.0m 1.54% New
18 Baker Avenue Asset Management, LP 0.06% of their portfolio SAN FRANCISCO, CA 67,80067.8k $2.0m $2.0m 0.06% Added +15.0k +15,000
19 Westwood Wealth Management 0.81% of their portfolio Los Angeles, CA 64,20564.2k $1.9m $1.9m 0.81% Reduced -31.0k -31,000
20 FLOW TRADERS U.S. LLC 0.08% of their portfolio NEW YORK, NY 61,87161.9k $1.8m $1.8m 0.08% Reduced -39.2k -39,224
21 Tower Research Capital LLC (TRC) 0.05% of their portfolio NEW YORK, NY 52,26052.3k $1.5m $1.5m 0.05% Reduced -21.1k -21,096
22 SBI Securities Co., Ltd. 0.05% of their portfolio TOKYO, M0 51,83851.8k $1.5m $1.5m 0.05% Added +33.0k +32,995
23 Hodges Capital Management Inc. 0.15% of their portfolio DALLAS, TX 49,00049.0k $1.4m $1.4m 0.15% Added +1.5k +1,500
24 SIMPLEX TRADING, LLC 0.05% of their portfolio CHICAGO, IL 44,05244.1k $1.3m $1.3m 0.05% New
25 Physician Wealth Advisors, Inc. 0.21% of their portfolio MIDVALE, UT 42,58142.6k $1.2m $1.2m 0.21% Unchanged
26 Jump Financial, LLC 0.02% of their portfolio Chicago, IL 38,30938.3k $1.1m $1.1m 0.02% Reduced -216.1k -216,145
27 TWO SIGMA SECURITIES, LLC 0.16% of their portfolio NEW YORK, NY 35,89735.9k $1.1m $1.1m 0.16% New
28 Orion Portfolio Solutions, LLC 0.01% of their portfolio Omaha, NE 34,40934.4k $1.2m $1.2m 0.01% Added +16.0k +15,954
29 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 33,80033.8k $989.0k $989.0k 0.00% Added +33.5k +33,470
30 Watts Gwilliam & Co., LLC 0.20% of their portfolio GILBERT, AZ 31,85331.9k $932.0k $932.0k 0.20% Added +6.1k +6,141
31 BXM Wealth LLC 1.05% of their portfolio Englewood, CO 30,01530.0k $876.5k $876.5k 1.05% Added +1.1k +1,100
32 SIMS INVESTMENT MANAGEMENT, LLC 0.39% of their portfolio CINCINNATI, OH 30,00030.0k $877.8k $877.8k 0.39% Unchanged
33 Blue Sky Capital Consultants Group, Inc. 0.52% of their portfolio Poway, CA 27,36427.4k $800.7k $800.7k 0.52% Reduced -1.8k -1,823
34 Sheaff Brock Investment Advisors, LLC 0.05% of their portfolio INDIANAPOLIS, IN 20,00020.0k $585.2k $585.2k 0.05% Unchanged
35 HAP Trading, LLC 0.18% of their portfolio NEW YORK, NY 17,67617.7k $517.2k $517.2k 0.18% New
36 Parkshore Wealth Management, Inc. 0.30% of their portfolio Granite Bay, CA 17,64617.6k $516.3k $516.3k 0.30% Added +1.2k +1,214
37 Significant Wealth Partners LLC 0.26% of their portfolio CARY, IL 17,02517.0k $498.2k $498.2k 0.26% Added +3.9k +3,919
38 Retirement Planning Co of New England, Inc. 0.24% of their portfolio Warwick, RI 16,63716.6k $486.8k $486.8k 0.24% Added +2.4k +2,376
39 Capital Investment Counsel, Inc 0.07% of their portfolio RALEIGH, NC 16,47016.5k $481.9k $481.9k 0.07% Added +10.2k +10,250
40 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 15,95416.0k $466.8k $466.8k 0.00% Reduced -2.5k -2,501
41 Viewpoint Capital Management LLC 0.25% of their portfolio SEATTLE, WA 15,80015.8k $462.3k $462.3k 0.25% Unchanged
42 SIGNATUREFD, LLC 0.01% of their portfolio ATLANTA, GA 15,02115.0k $439.5k $439.5k 0.01% Added +10.0k +10,000
43 EverSource Wealth Advisors, LLC 0.02% of their portfolio BIRMINGHAM, AL 12,49212.5k $365.5k $365.5k 0.02% Reduced -14.4k -14,440
44 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 12,36512.4k $361.8k $361.8k 0.00% Added +3.3k +3,280
45 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 11,12011.1k $325.3k $325.3k 0.00% New
46 XTX Topco Ltd 0.02% of their portfolio LONDON, X0 10,68310.7k $312.6k $312.6k 0.02% New
47 Ellis Investment Partners, LLC 0.06% of their portfolio Berwyn, PA 10,12810.1k $296.3k $296.3k 0.06% Reduced -1.4k -1,370
48 THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. 0.05% of their portfolio INDIANAPOLIS, IN 10,01410.0k $293.0k $293.0k 0.05% Reduced -9.4k -9,431
49 McGuire Investment Group, LLC 0.04% of their portfolio WAKEFIELD, RI 9,4759.5k $277.2k $277.2k 0.04% Reduced -1.0k -1,000
50 StoneX Group Inc. 0.02% of their portfolio NEW YORK, NY 9,4139.4k $275.4k $275.4k 0.02% New
51 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 9,1979.2k $269.1k $269.1k 0.00% Reduced -716 -716
52 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 8,2418.2k $241.1k $241.1k 0.00% Added +854 +854
53 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 7,7767.8k $227.5k $227.5k 0.00% Unchanged
54 CENTAURUS FINANCIAL, INC. 0.01% of their portfolio ANAHEIM, CA 4,3004.3k $126.0k $126.0k 0.01% New
55 Canton Hathaway, LLC 0.02% of their portfolio PROVIDENCE, RI 4,1004.1k $120.0k $120.0k 0.02% New
56 OPTIMUM INVESTMENT ADVISORS 0.04% of their portfolio Chicago, IL 3,1003.1k $90.7k $90.7k 0.04% Unchanged
57 Hartford Financial Management Inc. 0.01% of their portfolio WEST HARTFORD, CT 2,2502.2k $65.8k $65.8k 0.01% Unchanged
58 Bernard Wealth Management Corp. 0.03% of their portfolio ROYAL OAK, MI 1,8721.9k $54.8k $54.8k 0.03% Reduced -909 -909
59 Covestor Ltd 0.04% of their portfolio LONDON, X0 1,8431.8k $54.0k $54.0k 0.04% Reduced -1.3k -1,334
60 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 1,8181.8k $53.2k $53.2k 0.00% Reduced -2.2k -2,178
61 HOLLENCREST CAPITAL MANAGEMENT 0.00% of their portfolio NEWPORT BEACH, CA 1,7861.8k $52.3k $52.3k 0.00% Reduced -2.5k -2,500
62 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,4201.4k $41.6k $41.6k 0.00% Reduced -10 -10
63 Copia Wealth Management 0.03% of their portfolio BEND, OR 1,2491.2k $36.5k $36.5k 0.03% Added +718 +718
64 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 1,0151.0k $29.7k $29.7k 0.00% Reduced -707 -707
65 Main Street Group, LTD 0.01% of their portfolio GLEN ALLEN, VA 999999 $29.2k $29.2k 0.01% Reduced -4 -4
66 BlackRock, Inc. 0.00% of their portfolio New York, NY 994994 $29.1k $29.1k 0.00% Unchanged
67 TOTH FINANCIAL ADVISORY CORP 0.00% of their portfolio LEESBURG, VA 825825 $24.1k $24.1k 0.00% Reduced -5.2k -5,150
68 Stuart Chaussee & Associates, Inc. 0.00% of their portfolio BEVERLY HILLS, CA 555555 $16.2k $16.2k 0.00% Unchanged
69 CWM, LLC 0.00% of their portfolio OMAHA, NE 500500 $15.0k $15.0k 0.00% Unchanged
70 Anderson Financial Strategies, LLC 0.01% of their portfolio DAYTON, OH 315315 $9.1k $9.1k 0.01% New
71 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 100100 $2.9k $2.9k 0.00% New
72 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 7474 $2.2k $2.2k 0.00% Reduced -800 -800
73 Sandy Spring Bank 0.00% of their portfolio Olney, MD 4343 $1.3k $1.3k 0.00% New
74 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 4040 $1.2k $1.2k 0.00% Reduced -1.1k -1,126
75 Blue Trust, Inc. 0.00% of their portfolio BRENTWOOD, TN 2424 $705 $705 0.00% Unchanged
76 Signature Resources Capital Management, LLC 0.00% of their portfolio NEWPORT BEACH, CA 2121 $614 $614 0.00% Unchanged
77 New England Capital Financial Advisors LLC 0.00% of their portfolio MERIDEN, CT 1919 $556 $556 0.00% Unchanged
78 Parkside Financial Bank & Trust 0.00% of their portfolio SAINT LOUIS, MO 1313 $382 $382 0.00% Unchanged
79 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 77 $205 $205 0.00% Reduced -19 -19
80 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 22 $52 $52 0.00% Reduced -23 -23
81 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11 $22 $22 0.00% Unchanged
82 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged
83 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 00 $0 $0 0.00% Reduced -1.5k -1,525