Vault-13

DIREXION SHS ETF TR QQQE

NAS100 EQL WGT · ETP · CUSIP 25459Y207

210 institutional holders -4 vs Q1 2025
6,986,0617.0m shares reported held*
$686.8mreported value*
24 new 58 added 77 reduced 27 sold out net sold ≈ $144.1m (-1.5m 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 ≈ $98.31. Options: 4 managers hold calls ($5.7m notional), 3 hold puts ($1.1m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 104Q4 22: 119Q1 23: 136Q2 23: 131Q3 23: 152Q4 23: 181Q1 24: 207Q2 24: 205Q3 24: 219Q4 24: 229Q1 25: 214Q2 25: 210210Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022104
Q4 2022119
Q1 2023136
Q2 2023131
Q3 2023152
Q4 2023181
Q1 2024207
Q2 2024205
Q3 2024219
Q4 2024229
Q1 2025214
Q2 2025210

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 70 bought or addedQ3 23: 57 cut or sold outQ4 23: 87 bought or addedQ4 23: 63 cut or sold outQ4 23Q1 24: 123 bought or addedQ1 24: 56 cut or sold outQ2 24: 81 bought or addedQ2 24: 82 cut or sold outQ2 24Q3 24: 90 bought or addedQ3 24: 96 cut or sold outQ4 24: 97 bought or addedQ4 24: 99 cut or sold outQ4 24Q1 25: 78 bought or addedQ1 25: 108 cut or sold outQ2 25: 82 bought or addedQ2 25: 104 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20237057
Q4 20238763
Q1 202412356
Q2 20248182
Q3 20249096
Q4 20249799
Q1 202578108
Q2 202582104

Calls vs puts

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

CallsPuts
$0$5m$10m$15m$20mQ3 24 calls: $1.9mQ3 24 puts: $18.2mQ3 24P/C 9.51Q4 24 calls: $6.7mQ4 24 puts: $18.3mQ4 24P/C 2.74Q1 25 calls: $3.5mQ1 25 puts: $776.0kQ1 25P/C 0.22Q2 25 calls: $5.7mQ2 25 puts: $1.1mQ2 25P/C 0.19
Numbers
QuarterCallsPutsP/C
Q3 2024$1.9m$18.2m9.51
Q4 2024$6.7m$18.3m2.74
Q1 2025$3.5m$776.0k0.22
Q2 2025$5.7m$1.1m0.19

Biggest buyers

GOLDMAN SACHS GROUP INC Added +400,000+400.0k
BNP PARIBAS FINANCIAL MARKETS Added +100,000+100.0k
MORGAN STANLEY Added +41,476+41.5k
Tower Research Capital LLC (TRC) Added +25,766+25.8k
MRA Advisory Group Added +21,091+21.1k
JANE STREET GROUP, LLC Added +17,857+17.9k
Avestar Capital, LLC Added +15,606+15.6k
WOLVERINE TRADING, LLC Added +14,114+14.1k
Rockefeller Capital Management L.P. Added +12,813+12.8k
Prism Advisors, Inc. New +12,799+12.8k

Biggest sellers

TOTAL INVESTMENT MANAGEMENT INC Reduced -713,327-713.3k
BANK OF AMERICA CORP /DE/ Reduced -338,331-338.3k
PKO Investment Management Joint-Stock Co Reduced -320,000-320.0k
B&D White Capital Company, LLC Reduced -209,973-210.0k
WELLS FARGO & COMPANY/MN Reduced -151,553-151.6k
ROYAL BANK OF CANADA Reduced -94,447-94.4k
Astor Investment Management LLC Sold out -71,620-71.6k
ENVESTNET ASSET MANAGEMENT INC Reduced -62,121-62.1k
Atria Investments, Inc Sold out -23,284-23.3k
Berkshire Money Management, Inc. Reduced -21,856-21.9k

Biggest calls

Calamos Advisors LLC Added $2.9m33.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.5m15.2k shares
JANE STREET GROUP, LLC New $1.3m13.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $1.0m10.6k shares
RAYMOND JAMES FINANCIAL INC New $19.2k200 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 900,000900.0k $88.5m $88.5m 0.01% Added +400.0k +400,000
2 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 655,343655.3k $64.4m $64.4m 0.01% Reduced -338.3k -338,331
3 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 631,319631.3k $62.1m $62.1m 0.02% Added +5.7k +5,736
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 494,258494.3k $48.6m $48.6m 0.00% Added +41.5k +41,476
5 WADDELL & ASSOCIATES, LLC 4.15% of their portfolio MEMPHIS, TN 395,063395.1k $38.8m $38.8m 4.15% Added +8.2k +8,225
6 Endurance Services Ltd 5.95% of their portfolio PURCHASE, NY 347,500347.5k $34.2m $34.2m 5.95% Unchanged
7 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 328,793328.8k $32.3m $32.3m 0.01% Added +11.6k +11,633
8 Frisch Financial Group, Inc. 5.44% of their portfolio MELVILLE, NY 225,817225.8k $22.2m $22.2m 5.44% Reduced -14.7k -14,718
9 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 215,792215.8k $21.2m $21.2m 0.00% Reduced -94.4k -94,447
10 INDEPENDENT FINANCIAL GROUP, LLC 0.55% of their portfolio SAN DIEGO, CA 204,643204.6k $20.1m $20.1m 0.55% Reduced -7.9k -7,900
11 BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio PARIS, I0 201,400201.4k $19.8m $19.8m 0.02% Added +100.0k +100,000
12 UBS Group AG 0.00% of their portfolio ZURICH, V8 190,843190.8k $18.8m $18.8m 0.00% Reduced -21.6k -21,586
13 MRA Advisory Group 5.54% of their portfolio PARSIPPANY, NJ 120,418120.4k $11.8m $11.8m 5.54% Added +21.1k +21,091
14 PKO Investment Management Joint-Stock Co 1.06% of their portfolio WARSAW, R9 100,000100.0k $9.8m $9.8m 1.06% Reduced -320.0k -320,000
15 LeConte Wealth Management, LLC 6.37% of their portfolio Maryville, TN 95,82895.8k $9.4m $9.4m 6.37% Reduced -20.7k -20,726
16 Avestar Capital, LLC 0.63% of their portfolio New York, NY 88,16388.2k $8.7m $8.7m 0.63% Added +15.6k +15,606
17 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 84,90484.9k $8.3m $8.3m 0.01% Added +2.3k +2,271
18 Berkshire Money Management, Inc. 0.59% of their portfolio DALTON, MA 56,59156.6k $5.6m $5.6m 0.59% Reduced -21.9k -21,856
19 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 56,45956.5k $5.5m $5.5m 0.01% Reduced -272 -272
20 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 52,34952.3k $5.1m $5.1m 0.00% Added +10.7k +10,686
21 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 50,67550.7k $5.0m $5.0m 0.00% Reduced -7 -7
22 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.33% of their portfolio CEDAR RAPIDS, IA 48,28648.3k $4.7m $4.7m 0.33% Reduced -2.9k -2,872
23 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 47,02147.0k $4.6m $4.6m 0.01% Added +6.8k +6,769
24 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 46,29446.3k $4.6m $4.6m 0.00% Reduced -62.1k -62,121
25 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 43,50443.5k $4.3m $4.3m 0.00% Reduced -6.0k -5,973
26 SOL Capital Management CO 0.41% of their portfolio ROCKVILLE, MD 43,10143.1k $4.2m $4.2m 0.41% Reduced -7.9k -7,894
27 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio TORONTO, A6 43,00043.0k $4.2m $4.2m 0.01% Unchanged
28 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 42,83642.8k $4.2m $4.2m 0.00% Added +3.5k +3,491
29 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 39,13939.1k $3.9m $3.9m 0.01% Added +8.5k +8,519
30 White Pine Investment CO 0.83% of their portfolio LIVONIA, MI 33,65833.7k $3.3m $3.3m 0.83% Reduced -17 -17
31 LifeWealth Investments, LLC 0.55% of their portfolio WINTER GARDEN, FL 32,38632.4k $3.2m $3.2m 0.55% Added +6.8k +6,805
32 Tower Research Capital LLC (TRC) 0.08% of their portfolio NEW YORK, NY 31,26331.3k $3.1m $3.1m 0.08% Added +25.8k +25,766
33 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 31,19631.2k $3.1m $3.1m 0.00% Reduced -79 -79
34 Beacon Pointe Advisors, LLC 0.03% of their portfolio NEWPORT BEACH, CA 29,95930.0k $2.9m $2.9m 0.03% Added +8.1k +8,100
35 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 27,73927.7k $2.7m $2.7m 0.00% Reduced -1.2k -1,187
36 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 27,47327.5k $2.7m $2.7m 0.00% Added +17.9k +17,857
37 Gateway Wealth Partners, LLC 0.48% of their portfolio APPLETON, WI 25,94025.9k $2.6m $2.6m 0.48% Reduced -128 -128
38 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 25,71625.7k $2.5m $2.5m 0.00% Added +12.8k +12,813
39 Cannon Advisors, Inc. 2.02% of their portfolio CHARLOTTE, NC 25,48725.5k $2.5m $2.5m 2.02% Added +1.8k +1,812
40 Ameritas Advisory Services, LLC 0.12% of their portfolio Lincoln, NE 23,07223.1k $2.3m $2.3m 0.12% Added +1.1k +1,070
41 WOLVERINE TRADING, LLC 0.06% of their portfolio CHICAGO, IL 22,79722.8k $2.2m $2.2m 0.06% Added +14.1k +14,114
42 B&D White Capital Company, LLC 0.34% of their portfolio Lakeway, TX 22,77122.8k $2.2m $2.2m 0.34% Reduced -210.0k -209,973
43 Wambolt & Associates, LLC 0.74% of their portfolio LITTLETON, CO 22,47122.5k $2.2m $2.2m 0.74% Reduced -427 -427
44 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 21,39621.4k $2.1m $2.1m 0.01% Added +2.5k +2,464
45 Regal Investment Advisors LLC 0.15% of their portfolio KENTWOOD, MI 20,71220.7k $2.0m $2.0m 0.15% Added +61 +61
46 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 19,37819.4k $1.9m $1.9m 0.00% Reduced -1.7k -1,699
47 Carr Financial Group Corp 0.54% of their portfolio WORCESTER, MA 18,51818.5k $1.8m $1.8m 0.54% Reduced -2.3k -2,300
48 Shoker Investment Counsel, Inc. 0.53% of their portfolio OXFORD, OH 17,21217.2k $1.7m $1.7m 0.53% Reduced -1.9k -1,939
49 Tradition Wealth Management, LLC 0.13% of their portfolio EDINA, MN 16,54516.5k $1.6m $1.6m 0.13% Reduced -2.4k -2,389
50 HB Wealth Management, LLC 0.01% of their portfolio Atlanta, GA 16,44016.4k $1.6m $1.6m 0.01% Unchanged
51 Migdal Insurance & Financial Holdings Ltd. 0.01% of their portfolio Petach Tikva, L3 16,34816.3k $1.6m $1.6m 0.01% Added +7.4k +7,360
52 WARNER FINANCIAL, INC 0.63% of their portfolio BETHESDA, MD 15,53415.5k $1.5m $1.5m 0.63% Added +3 +3
53 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 15,42015.4k $1.5m $1.5m 0.00% Added +2.2k +2,214
54 CreativeOne Wealth, LLC 0.04% of their portfolio OVERLAND PARK, KS 14,74214.7k $1.4m $1.4m 0.04% Added +9.9k +9,881
55 BECK CAPITAL MANAGEMENT, LLC 0.36% of their portfolio AUSTIN, TX 14,68514.7k $1.4m $1.4m 0.36% Reduced -3.9k -3,931
56 QTR Family Wealth, LLC 0.89% of their portfolio LAKE MARY, FL 14,68514.7k $1.4m $1.4m 0.89% Reduced -19 -19
57 COMERICA BANK 0.01% of their portfolio DALLAS, TX 13,88413.9k $1.4m $1.4m 0.01% Added +387 +387
58 Mystic Asset Management, Inc. 0.32% of their portfolio Warwick, RI 13,56513.6k $1.3m $1.3m 0.32% Added +100 +100
59 CWM, LLC 0.00% of their portfolio OMAHA, NE 13,34913.3k $1.3m $1.3m 0.00% Added +7.8k +7,753
60 CAP Partners, LLC 0.82% of their portfolio FRANKLIN, TN 13,21413.2k $1.3m $1.3m 0.82% Reduced -19.2k -19,158
61 FLAGSTAR SECURITIES, INC 0.36% of their portfolio New York, NY 13,08213.1k $1.3m $1.3m 0.36% Added +190 +190
62 Prism Advisors, Inc. 0.36% of their portfolio STUDIO CITY, CA 12,79912.8k $1.3m $1.3m 0.36% New
63 Marshall Financial Group, LLC 0.23% of their portfolio Hunt Valley, MD 11,86611.9k $1.2m $1.2m 0.23% Reduced -1.3k -1,273
64 Waverly Advisors, LLC 0.01% of their portfolio BIRMINGHAM, AL 11,75611.8k $1.2m $1.2m 0.01% Reduced -120 -120
65 AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio DALLAS, TX 11,15311.2k $1.1m $1.1m 0.01% Added +100 +100
66 DAVENPORT & Co LLC 0.01% of their portfolio RICHMOND, VA 11,14611.1k $1.1m $1.1m 0.01% Reduced -4.2k -4,153
67 Mutual Advisors, LLC 0.03% of their portfolio OMAHA, NE 10,88810.9k $1.1m $1.1m 0.03% Added +634 +634
68 Ameritas Investment Partners, Inc. 0.03% of their portfolio LINCOLN, NE 10,63310.6k $1.0m $1.0m 0.03% Added +1.1k +1,115
69 Mariner, LLC 0.00% of their portfolio Overland Park, KS 10,43510.4k $1.0m $1.0m 0.00% Added +715 +715
70 Private Capital Management, LLC 0.10% of their portfolio NAPLES, FL 9,96610.0k $979.7k $979.7k 0.10% Added +592 +592
71 CAPSTONE INVESTMENT ADVISORS, LLC 0.01% of their portfolio NEW YORK, NY 9,0459.0k $889.2k $889.2k 0.01% Reduced -8.2k -8,162
72 Fulton Bank, N.A. 0.03% of their portfolio Lancaster, PA 8,9028.9k $875.2k $875.2k 0.03% Added +247 +247
73 Retirement Planning Co of New England, Inc. 0.37% of their portfolio Warwick, RI 8,3678.4k $822.6k $822.6k 0.37% Added +249 +249
74 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 8,0838.1k $794.6k $794.6k 0.01% Reduced -15.0k -14,985
75 Sowell Financial Services LLC 0.03% of their portfolio NORTH LITTLE ROCK, AR 7,8017.8k $766.9k $766.9k 0.03% Reduced -552 -552
76 Oxinas Partners, LLC 0.39% of their portfolio JEFFERSONVILLE, IN 7,7297.7k $759.9k $759.9k 0.39% Reduced -732 -732
77 FLORIDA FINANCIAL ADVISORS, LLC 0.17% of their portfolio TAMPA, FL 7,5847.6k $746.6k $746.6k 0.17% Added +3.8k +3,823
78 SAX WEALTH ADVISORS, LLC 0.04% of their portfolio PARSIPPANY, NJ 6,8546.9k $673.8k $673.8k 0.04% Reduced -240 -240
79 SeaCrest Wealth Management, LLC 0.07% of their portfolio PURCHASE, NY 6,6766.7k $656.3k $656.3k 0.07% Reduced -56 -56
80 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 6,4836.5k $637.3k $637.3k 0.00% Unchanged
81 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 6,4596.5k $635.3k $635.3k 0.01% Reduced -2.7k -2,740
82 Capital Market Strategies LLC 0.44% of their portfolio PALM BEACH GARDENS, FL 6,4236.4k $631.4k $631.4k 0.44% Reduced -75 -75
83 KMG FIDUCIARY PARTNERS, LLC 0.05% of their portfolio TOLEDO, OH 6,2056.2k $610.0k $610.0k 0.05% Reduced -16.2k -16,168
84 MTM Investment Management, LLC 0.20% of their portfolio SPARTANBURG, SC 6,0606.1k $595.8k $595.8k 0.20% Added +457 +457
85 Focus Financial Network, Inc. 0.02% of their portfolio MINNEAPOLIS, MN 5,8475.8k $575.6k $575.6k 0.02% Reduced -672 -672
86 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 5,6965.7k $560.0k $560.0k 0.00% Reduced -2.0k -1,964
87 Peak Planning Group, LLC 0.34% of their portfolio CENTENNIAL, CO 5,4085.4k $531.6k $531.6k 0.34% Reduced -284 -284
88 Parallel Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 5,1265.1k $503.9k $503.9k 0.01% Unchanged
89 TOTAL INVESTMENT MANAGEMENT INC 0.07% of their portfolio SCOTTSDALE, AZ 4,9955.0k $491.1k $491.1k 0.07% Reduced -713.3k -713,327
90 IHT Wealth Management, LLC 0.01% of their portfolio Chicago, IL 4,8294.8k $474.7k $474.7k 0.01% New
91 Paulson Wealth Management Inc. 0.12% of their portfolio West Palm Beach, FL 4,8274.8k $474.5k $474.5k 0.12% Reduced -461 -461
92 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 4,8004.8k $471.7k $471.7k 0.00% Added +2.2k +2,220
93 Cascades Capital Asset Management, LLC 0.24% of their portfolio GREENSBORO, NC 4,7944.8k $471.3k $471.3k 0.24% New
94 GTS SECURITIES LLC 0.02% of their portfolio NEW YORK, NY 4,6684.7k $458.6k $458.6k 0.02% New
95 Western Wealth Management, LLC 0.03% of their portfolio GOLDEN, CO 4,6494.6k $457.1k $457.1k 0.03% Added +500 +500
96 Key Financial Inc 0.09% of their portfolio WEST CHESTER, PA 4,6494.6k $457.0k $457.0k 0.09% Unchanged
97 Mill Creek Capital Advisors, LLC 0.01% of their portfolio Conshohocken, PA 4,5224.5k $444.6k $444.6k 0.01% Unchanged
98 TRAPHAGEN INVESTMENT ADVISORS LLC 0.04% of their portfolio ORADELL, NJ 4,5154.5k $443.9k $443.9k 0.04% Added +123 +123
99 Gladstone Institutional Advisory LLC 0.02% of their portfolio Bedminster, NJ 4,4224.4k $434.7k $434.7k 0.02% Unchanged
100 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 4,3764.4k $430.2k $430.2k 0.00% New