Vault-13

DIREXION SHS ETF TR SPXL

DRX S&P500BULL · ETP · CUSIP 25459W862

155 institutional holders +16 vs Q1 2026
5,524,7515.5m shares reported held*
$1.5bnreported value*
43 new 43 added 47 reduced 25 sold out net bought ≈ $451.8m (+1.7m 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 ($3.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $270.12. Options: 4 managers hold calls ($619.3m notional), 3 hold puts ($286.9m).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 87Q4 22: 96Q1 23: 94Q2 23: 99Q3 23: 105Q4 23: 112Q1 24: 115Q2 24: 121Q3 24: 134Q4 24: 145Q1 25: 134Q2 25: 138Q3 25: 147Q4 25: 156Q1 26: 139Q2 26: 155155Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202287
Q4 202296
Q1 202394
Q2 202399
Q3 2023105
Q4 2023112
Q1 2024115
Q2 2024121
Q3 2024134
Q4 2024145
Q1 2025134
Q2 2025138
Q3 2025147
Q4 2025156
Q1 2026139
Q2 2026155

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 24: 76 bought or addedQ3 24: 47 cut or sold outQ4 24: 66 bought or addedQ4 24: 69 cut or sold outQ4 24Q1 25: 59 bought or addedQ1 25: 72 cut or sold outQ2 25: 80 bought or addedQ2 25: 60 cut or sold outQ2 25Q3 25: 70 bought or addedQ3 25: 75 cut or sold outQ4 25: 61 bought or addedQ4 25: 72 cut or sold outQ4 25Q1 26: 67 bought or addedQ1 26: 83 cut or sold outQ2 26: 86 bought or addedQ2 26: 72 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20247647
Q4 20246669
Q1 20255972
Q2 20258060
Q3 20257075
Q4 20256172
Q1 20266783
Q2 20268672

Calls vs puts

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

CallsPuts
$0$200m$400m$600m$800mQ3 25 calls: $436.6mQ3 25 puts: $463.0mQ3 25P/C 1.06Q4 25 calls: $486.0mQ4 25 puts: $353.1mQ4 25P/C 0.73Q1 26 calls: $368.7mQ1 26 puts: $263.5mQ1 26P/C 0.71Q2 26 calls: $619.3mQ2 26 puts: $286.9mQ2 26P/C 0.46
Numbers
QuarterCallsPutsP/C
Q3 2025$436.6m$463.0m1.06
Q4 2025$486.0m$353.1m0.73
Q1 2026$368.7m$263.5m0.71
Q2 2026$619.3m$286.9m0.46

Biggest buyers

Howard Capital Management, LLC Added +1,400,562+1.4m
MILLENNIUM MANAGEMENT LLC New +93,500+93.5k
Insight Wealth Partners, LLC Added +79,660+79.7k
CITADEL ADVISORS LLC New +58,538+58.5k
GTS SECURITIES LLC Added +56,022+56.0k
Timothy G. Youngquist 2020 Irrevocable Trust New +37,846+37.8k
Gainplan LLC New +37,148+37.1k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +36,139+36.1k
Tower Research Capital LLC (TRC) Added +31,474+31.5k
LM Advisors LLC Added +29,628+29.6k

Biggest sellers

GOLDMAN SACHS GROUP INC Reduced -75,885-75.9k
FLOW TRADERS U.S. LLC Reduced -33,937-33.9k
Optiver Holding B.V. Reduced -29,251-29.3k
Corient Private Wealth LP Sold out -26,370-26.4k
XTX Topco Ltd Sold out -25,595-25.6k
IMC-Chicago, LLC Sold out -22,570-22.6k
Finward Bancorp Sold out -17,600-17.6k
Jump Financial, LLC Sold out -16,659-16.7k
SBI Securities Co., Ltd. Reduced -10,937-10.9k
Squarepoint Ops LLC Sold out -9,581-9.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $260.0m960.7k shares
CITADEL ADVISORS LLC Added $225.3m832.5k shares
JANE STREET GROUP, LLC Added $132.8m490.5k shares
Walleye Trading LLC Unchanged $1.2m4.5k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $111.8m412.9k shares
CITADEL ADVISORS LLC Reduced $100.5m371.2k shares
JANE STREET GROUP, LLC Reduced $74.7m275.8k 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, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 PPSC Investment Service Corp 43.40% of their portfolio TOKYO, M0 2,541,2952.5m $687.9m $687.9m 43.40% Added +8.5k +8,483
2 Howard Capital Management, LLC 4.56% of their portfolio Alpharetta, GA 1,414,3011.4m $382.8m $382.8m 4.56% Added +1.4m +1,400,562
3 Insight Wealth Partners, LLC 6.41% of their portfolio Plano, TX 176,249176.2k $47.7m $47.7m 6.41% Added +79.7k +79,660
4 Wealthstar Advisors, LLC 20.26% of their portfolio Plano, TX 150,441150.4k $40.7m $40.7m 20.26% Added +2.7k +2,699
5 SUCCESSION FINANCIAL, INC. 38.18% of their portfolio MCKINNEY, TX 145,356145.4k $39.3m $39.3m 38.18% First filing
6 SBI Securities Co., Ltd. 0.75% of their portfolio TOKYO, M0 121,374121.4k $32.9m $32.9m 0.75% Reduced -10.9k -10,937
7 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 93,50093.5k $25.3m $25.3m 0.02% New
8 GTS SECURITIES LLC 0.41% of their portfolio NEW YORK, NY 71,08671.1k $19.3m $19.3m 0.41% Added +56.0k +56,022
9 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 58,53858.5k $15.8m $15.8m 0.01% New
10 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 55,66155.7k $15.1m $15.1m 0.01% Added +36.1k +36,139
11 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 49,51249.5k $13.4m $13.4m 0.00% Reduced -75.9k -75,885
12 Traynor Capital Management, Inc. 0.63% of their portfolio MALVERN, PA 49,45749.5k $13.4m $13.4m 0.63% Added +1.3k +1,301
13 Timothy G. Youngquist 2020 Irrevocable Trust 2.06% of their portfolio FORT MYERS, FL 37,84637.8k $10.2m $10.2m 2.06% New
14 J. Safra Sarasin Holding AG 0.10% of their portfolio BASEL, V8 37,36237.4k $7.0m $7.0m 0.10% Added +962 +962
15 Gainplan LLC 3.96% of their portfolio BLOOMFIELD HILLS, MI 37,14837.1k $10.1m $10.1m 3.96% New
16 Tower Research Capital LLC (TRC) 0.24% of their portfolio NEW YORK, NY 35,69235.7k $9.7m $9.7m 0.24% Added +31.5k +31,474
17 Spire Wealth Management 0.26% of their portfolio MCLEAN, VA 31,77731.8k $8.6m $8.6m 0.26% Reduced -4.0k -4,035
18 LM Advisors LLC 0.95% of their portfolio SAN DIEGO, CA 30,34030.3k $8.2m $8.2m 0.95% Added +29.6k +29,628
19 FLOW TRADERS U.S. LLC 0.22% of their portfolio NEW YORK, NY 19,92319.9k $5.4m $5.4m 0.22% Reduced -33.9k -33,937
20 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 19,05219.1k $5.2m $5.2m 0.01% New
21 Westwood Wealth Management 1.36% of their portfolio Los Angeles, CA 17,33517.3k $4.7m $4.7m 1.36% Reduced -1.9k -1,875
22 Blue Sky Capital Consultants Group, Inc. 2.00% of their portfolio Poway, CA 17,27417.3k $4.7m $4.7m 2.00% Added +175 +175
23 Blueprint Investment Partners LLC 0.33% of their portfolio GREENSBORO, NC 14,52514.5k $3.9m $3.9m 0.33% New
24 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 14,30014.3k $3.8m $3.8m 0.00% Reduced -3.2k -3,196
25 Blueprint Financial Advisors LLC 0.42% of their portfolio GREENSBOTO, NC 14,11714.1k $3.8m $3.8m 0.42% New
26 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 13,50013.5k $3.7m $3.7m 0.00% Added +11.4k +11,366
27 Empowered Funds, LLC 0.02% of their portfolio NEWTOWN SQUARE, PA 13,42613.4k $3.6m $3.6m 0.02% Added +9.2k +9,153
28 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 11,63511.6k $3.1m $3.1m 0.00% Added +1.1k +1,078
29 Encompass More Asset Management 0.45% of their portfolio Danville, CA 11,22711.2k $3.0m $3.0m 0.45% New
30 Q3 Asset Management 0.49% of their portfolio BIRMINGHAM, MI 9,8759.9k $2.7m $2.7m 0.49% Reduced -6.7k -6,706
31 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 7,3847.4k $2.0m $2.0m 0.01% Added +7.4k +7,382
32 Mariner, LLC 0.00% of their portfolio Overland Park, KS 6,5996.6k $1.8m $1.8m 0.00% Added +476 +476
33 StoneX Group Inc. 0.06% of their portfolio NEW YORK, NY 6,3406.3k $1.6m $1.6m 0.06% New
34 Discipline Wealth Solutions, LLC 0.14% of their portfolio GREENVILLE, SC 5,8965.9k $1.6m $1.6m 0.14% Reduced -6.0k -5,973
35 Kelly Financial Services LLC 0.32% of their portfolio BRAINTREE, MA 5,5535.6k $1.5m $1.5m 0.32% Added +230 +230
36 CITIZENS FINANCIAL GROUP INC/RI 0.02% of their portfolio PROVIDENCE, RI 5,2675.3k $1.4m $1.4m 0.02% Unchanged
37 Covestor Ltd 0.80% of their portfolio LONDON, X0 5,1375.1k $1.4m $1.4m 0.80% Reduced -1 -1
38 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 5,0655.1k $1.4m $1.4m 0.00% Added +911 +911
39 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 5,0305.0k $1.4m $1.4m 0.00% New
40 CPR Investments Inc. 0.94% of their portfolio Rochester, MI 4,5074.5k $1.2m $1.2m 0.94% Added +2.5k +2,515
41 Millington Financial Advisors, LLC 0.43% of their portfolio NAPERVILLE, IL 4,1084.1k $1.1m $1.1m 0.43% Unchanged
42 EP Wealth Advisors, LLC 0.00% of their portfolio TORRANCE, CA 4,0774.1k $1.1m $1.1m 0.00% Added +116 +116
43 CreativeOne Wealth, LLC 0.02% of their portfolio OVERLAND PARK, KS 4,0084.0k $1.1m $1.1m 0.02% Reduced -7.7k -7,680
44 SYKON CAPITAL LLC 0.33% of their portfolio HARRISON, NY 3,9554.0k $1.1m $1.1m 0.33% New
45 PMV Capital Advisers, LLC 1.60% of their portfolio DALLAS, TX 3,9343.9k $1.1m $1.1m 1.60% Reduced -142 -142
46 Wealth Management Nebraska 0.09% of their portfolio Norfolk, NE 3,9023.9k $1.1m $1.1m 0.09% Reduced -4.2k -4,178
47 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 3,6733.7k $994.1k $994.1k 0.01% Reduced -4.1k -4,095
48 EverSource Wealth Advisors, LLC 0.03% of their portfolio BIRMINGHAM, AL 3,6133.6k $977.9k $977.9k 0.03% Reduced -5.4k -5,353
49 FERGUSON WELLMAN CAPITAL MANAGEMENT, INC 0.01% of their portfolio PORTLAND, OR 3,6003.6k $974.4k $974.4k 0.01% Unchanged
50 UBS Group AG 0.00% of their portfolio ZURICH, V8 3,5983.6k $973.9k $973.9k 0.00% Reduced -1.2k -1,238
51 Stone House Investment Management, LLC 0.13% of their portfolio TUNKHANNOCK, PA 3,5913.6k $971.9k $971.9k 0.13% Added +2.9k +2,863
52 FOUNDERS FINANCIAL SECURITIES LLC 0.05% of their portfolio TOWSON, MD 3,5693.6k $966.0k $966.0k 0.05% New
53 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 3,3273.3k $900.5k $900.5k 0.00% New
54 Summit Financial, LLC 0.01% of their portfolio PARSIPPANY, NJ 3,2313.2k $874.5k $874.5k 0.01% Added +100 +100
55 Mittelman Wealth Management 0.56% of their portfolio ANDOVER, MA 3,1073.1k $841.0k $841.0k 0.56% Reduced -15 -15
56 Alternative Investment Advisors, LLC. 0.30% of their portfolio Maitland, FL 2,8612.9k $774.6k $774.6k 0.30% Reduced -183 -183
57 Summit Financial Strategies, Inc. 0.05% of their portfolio Columbus, OH 2,8512.9k $771.7k $771.7k 0.05% Reduced -40 -40
58 Stratos Wealth Advisors, LLC 0.04% of their portfolio BEACHWOOD, OH 2,8392.8k $768.5k $768.5k 0.04% Added +35 +35
59 Wallace Advisory Group, LLC 0.71% of their portfolio LAFAYETTE, CA 2,7902.8k $755.2k $755.2k 0.71% Added +131 +131
60 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 2,7722.8k $750.3k $750.3k 0.00% Reduced -141 -141
61 Net Worth Advisory Group 0.19% of their portfolio SANDY, UT 2,7662.8k $748.7k $748.7k 0.19% Reduced -158 -158
62 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 2,7122.7k $734.2k $734.2k 0.00% New
63 Xcelsior Advisor Partners LLC 0.10% of their portfolio Scottsdale, AZ 2,6702.7k $722.7k $722.7k 0.10% Reduced -80 -80
64 Wealthspire Advisors, LLC 0.00% of their portfolio NEW YORK, NY 2,5702.6k $695.7k $695.7k 0.00% Reduced -610 -610
65 Larson Financial Group LLC 0.02% of their portfolio ST LOUIS, MO 2,5662.6k $694.6k $694.6k 0.02% Reduced -221 -221
66 Significant Wealth Partners LLC 0.74% of their portfolio CARY, IL 2,5102.5k $679.5k $679.5k 0.74% Added +31 +31
67 Millennium Capital Advisors, LLC 0.36% of their portfolio LITTLE ROCK, AR 2,4292.4k $657.6k $657.6k 0.36% New
68 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 2,2002.2k $595.5k $595.5k 0.00% Unchanged
69 BXM Wealth LLC 0.32% of their portfolio Englewood, CO 2,1672.2k $586.5k $586.5k 0.32% Reduced -325 -325
70 Optiver Holding B.V. 0.01% of their portfolio AMSTERDAM, P7 2,1292.1k $576.3k $576.3k 0.01% Reduced -29.3k -29,251
71 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 2,1152.1k $572.5k $572.5k 0.00% Reduced -801 -801
72 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2,0952.1k $567.3k $567.3k 0.00% Added +2.0k +1,966
73 TWO SIGMA SECURITIES, LLC 0.05% of their portfolio NEW YORK, NY 2,0692.1k $560.0k $560.0k 0.05% Added +924 +924
74 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 2,0602.1k $557.6k $557.6k 0.00% Added +97 +97
75 Clear Harbor Asset Management, LLC 0.03% of their portfolio Stamford, CT 2,0002.0k $541.3k $541.3k 0.03% Unchanged
76 Bluespring Wealth Management, LLC 0.01% of their portfolio AUSTIN, TX 2,0002.0k $541.3k $541.3k 0.01% New
77 Global Retirement Partners, LLC 0.01% of their portfolio San Rafael, CA 2,0002.0k $541.3k $541.3k 0.01% First filing
78 SCS Capital Management LLC 0.01% of their portfolio BOSTON, MA 1,9642.0k $531.6k $531.6k 0.01% New
79 Wealth Watch Advisors, INC 0.17% of their portfolio ENGLEWOOD, CO 1,9241.9k $520.8k $520.8k 0.17% Reduced -49 -49
80 AlphaStar Capital Management, LLC 0.03% of their portfolio CORNELIUS, NC 1,8641.9k $504.4k $504.4k 0.03% Added +645 +645
81 Betterment LLC 0.00% of their portfolio NEW YORK, NY 1,8411.8k $498.0k $498.0k 0.00% Reduced -147 -147
82 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 1,7781.8k $481.2k $481.2k 0.00% Reduced -118 -118
83 New Perspectives, Inc 0.15% of their portfolio TOUGALOO, MS 1,7501.8k $473.7k $473.7k 0.15% Added +200 +200
84 Silverleafe Capital Partners, LLC 0.13% of their portfolio GERMANTOWN, TN 1,7421.7k $471.5k $471.5k 0.13% Added +3 +3
85 Flavin Financial Services, Inc. 0.27% of their portfolio MELBOURNE, FL 1,7321.7k $468.8k $468.8k 0.27% Unchanged
86 Garden State Investment Advisory Services LLC 0.09% of their portfolio Red Bank, NJ 1,7151.7k $464.1k $464.1k 0.09% New
87 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 1,6511.7k $446.9k $446.9k 0.01% Reduced -1 -1
88 Stratos Wealth Partners, LTD. 0.00% of their portfolio BEACHWOOD, OH 1,6111.6k $436.3k $436.3k 0.00% Added +33 +33
89 KINGSWOOD WEALTH ADVISORS, LLC 0.02% of their portfolio SAN DIEGO, CA 1,5761.6k $426.6k $426.6k 0.02% Reduced -874 -874
90 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 1,5121.5k $409.3k $409.3k 0.00% Added +100 +100
91 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 1,4921.5k $403.7k $403.7k 0.00% Reduced -2.4k -2,388
92 CRA Financial Services, LLC 0.04% of their portfolio NORTHFIELD, NJ 1,3661.4k $369.7k $369.7k 0.04% Unchanged
93 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 1,3531.4k $366.2k $366.2k 0.00% Added +1.3k +1,301
94 Ellis Investment Partners, LLC 0.06% of their portfolio Berwyn, PA 1,3421.3k $363.3k $363.3k 0.06% Reduced -318 -318
95 Ashton Thomas Private Wealth, LLC 0.01% of their portfolio SCOTTSDALE, AZ 1,2931.3k $349.9k $349.9k 0.01% New
96 QTR Family Wealth, LLC 0.11% of their portfolio LAKE MARY, FL 1,2111.2k $327.9k $327.9k 0.11% New
97 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 1,1591.2k $313.6k $313.6k 0.00% New
98 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 1,1141.1k $301.5k $301.5k 0.00% Reduced -184 -184
99 GLENMEDE TRUST CO NA 0.00% of their portfolio PHILADELPHIA, PA 1,0801.1k $292.3k $292.3k 0.00% New
100 Trinity Legacy Partners, LLC 0.06% of their portfolio HOUSTON, TX 1,0801.1k $296.2k $296.2k 0.06% Reduced -1.4k -1,450