Vault-13

DIREXION SHS ETF TR QQQE

NAS100 EQL WGT · ETP · CUSIP 25459Y207

198 institutional holders -3 vs Q4 2025
5,971,3106.0m shares reported held*
$588.4mreported value*
27 new 67 added 56 reduced 27 sold out net sold ≈ $28.8m (-292.3k 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 ($1.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $98.53. Options: 5 managers hold calls ($21.2m notional), 3 hold puts ($1.1m).

Trends to Q1 2026

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: 210Q3 25: 194Q4 25: 201Q1 26: 198198Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q3 2025194
Q4 2025201
Q1 2026198

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 24: 81 bought or addedQ2 24: 82 cut or sold outQ3 24: 90 bought or addedQ3 24: 96 cut or sold outQ3 24Q4 24: 97 bought or addedQ4 24: 99 cut or sold outQ1 25: 78 bought or addedQ1 25: 108 cut or sold outQ1 25Q2 25: 82 bought or addedQ2 25: 104 cut or sold outQ3 25: 80 bought or addedQ3 25: 89 cut or sold outQ3 25Q4 25: 87 bought or addedQ4 25: 78 cut or sold outQ1 26: 94 bought or addedQ1 26: 83 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20248182
Q3 20249096
Q4 20249799
Q1 202578108
Q2 202582104
Q3 20258089
Q4 20258778
Q1 20269483

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ2 25 calls: $5.7mQ2 25 puts: $1.1mQ2 25P/C 0.19Q3 25 calls: $9.7mQ3 25 puts: $487.7kQ3 25P/C 0.05Q4 25 calls: $8.7mQ4 25 puts: $654.8kQ4 25P/C 0.08Q1 26 calls: $21.2mQ1 26 puts: $1.1mQ1 26P/C 0.05
Numbers
QuarterCallsPutsP/C
Q2 2025$5.7m$1.1m0.19
Q3 2025$9.7m$487.7k0.05
Q4 2025$8.7m$654.8k0.08
Q1 2026$21.2m$1.1m0.05

Biggest buyers

Balyasny Asset Management L.P. New +123,448+123.4k
BNP PARIBAS FINANCIAL MARKETS Added +105,913+105.9k
JANE STREET GROUP, LLC New +92,947+92.9k
TWO SIGMA INVESTMENTS, LP New +88,600+88.6k
BANK OF AMERICA CORP /DE/ Added +86,683+86.7k
Ramiah Investment Group New +65,072+65.1k
MORGAN STANLEY Added +53,628+53.6k
UBS Group AG Added +52,559+52.6k
Jump Financial, LLC Added +40,041+40.0k
Cerity Partners LLC Added +39,951+40.0k

Biggest sellers

SteelPeak Wealth, LLC Reduced -552,785-552.8k
Frisch Financial Group, Inc. Reduced -105,191-105.2k
Watershed Asset Management, L.L.C. Reduced -96,500-96.5k
Avestar Capital, LLC Sold out -82,535-82.5k
MRA Advisory Group Reduced -52,132-52.1k
GOLDMAN SACHS GROUP INC Reduced -51,068-51.1k
CITIGROUP INC Reduced -50,258-50.3k
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Sold out -43,000-43.0k
LPL Financial LLC Reduced -40,269-40.3k
SOL Capital Management CO Sold out -39,951-40.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $10.6m107.7k shares
Calamos Advisors LLC Reduced $5.4m53.2k shares
CITADEL ADVISORS LLC Added $2.6m25.9k shares
JANE STREET GROUP, LLC New $1.6m16.6k shares
IMC-Chicago, LLC New $995.2k10.1k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $404.0k4.1k shares
CITADEL ADVISORS LLC Added $374.4k3.8k shares
Pavaki Capital Management LLC Unchanged $295.6k3.0k 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, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 749,497749.5k $73.8m $73.8m 0.00% Added +53.6k +53,628
2 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 724,041724.0k $71.3m $71.3m 0.01% Added +86.7k +86,683
3 WADDELL & ASSOCIATES, LLC 2.38% of their portfolio MEMPHIS, TN 428,472428.5k $42.2m $42.2m 2.38% Added +16.2k +16,223
4 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 366,062366.1k $36.1m $36.1m 0.01% Reduced -40.3k -40,269
5 Endurance Services Ltd 5.77% of their portfolio PURCHASE, NY 347,500347.5k $34.2m $34.2m 5.77% Unchanged
6 UBS Group AG 0.00% of their portfolio ZURICH, V8 278,318278.3k $27.4m $27.4m 0.00% Added +52.6k +52,559
7 BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio PARIS, I0 238,827238.8k $23.5m $23.5m 0.02% Added +105.9k +105,913
8 INDEPENDENT FINANCIAL GROUP, LLC 0.39% of their portfolio SAN DIEGO, CA 174,972175.0k $17.2m $17.2m 0.39% Reduced -22.7k -22,745
9 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 164,991165.0k $16.3m $16.3m 0.00% Reduced -51.1k -51,068
10 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 127,223127.2k $12.5m $12.5m 0.00% Added +34.8k +34,755
11 Balyasny Asset Management L.P. 0.02% of their portfolio Chicago, IL 123,448123.4k $12.2m $12.2m 0.02% New
12 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 92,94792.9k $9.2m $9.2m 0.01% New
13 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 88,60088.6k $8.7m $8.7m 0.01% New
14 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 76,63176.6k $7.6m $7.6m 0.01% Reduced -2.4k -2,429
15 Frisch Financial Group, Inc. 1.53% of their portfolio MELVILLE, NY 74,42974.4k $7.3m $7.3m 1.53% Reduced -105.2k -105,191
16 MRA Advisory Group 2.89% of their portfolio PARSIPPANY, NJ 71,97272.0k $7.1m $7.1m 2.89% Reduced -52.1k -52,132
17 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 70,93770.9k $6.8m $6.8m 0.00% Added +6.8k +6,826
18 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 67,94367.9k $6.7m $6.7m 0.00% Added +5.2k +5,164
19 Ramiah Investment Group 5.60% of their portfolio BROOKFIELD, WI 65,07265.1k $6.4m $6.4m 5.60% New
20 LeConte Wealth Management, LLC 4.11% of their portfolio Maryville, TN 64,50964.5k $6.4m $6.4m 4.11% Reduced -9.4k -9,400
21 Jump Financial, LLC 0.09% of their portfolio Chicago, IL 61,99062.0k $6.1m $6.1m 0.09% Added +40.0k +40,041
22 Beacon Pointe Advisors, LLC 0.03% of their portfolio NEWPORT BEACH, CA 55,12355.1k $5.4m $5.4m 0.03% Added +1.3k +1,343
23 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 55,07655.1k $5.4m $5.4m 0.00% Added +2.0k +2,014
24 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 54,75054.8k $5.4m $5.4m 0.00% Added +2.3k +2,338
25 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 54,13854.1k $5.3m $5.3m 0.01% Added +3.2k +3,206
26 Berkshire Money Management, Inc. 0.53% of their portfolio DALTON, MA 52,64452.6k $5.2m $5.2m 0.53% Reduced -2.7k -2,724
27 Gateway Wealth Partners, LLC 0.20% of their portfolio APPLETON, WI 52,63252.6k $5.2m $5.2m 0.20% Added +25.2k +25,180
28 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 49,90049.9k $4.9m $4.9m 0.00% Reduced -50.3k -50,258
29 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 43,55243.6k $4.3m $4.3m 0.01% Added +40.0k +39,951
30 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 42,26842.3k $4.2m $4.2m 0.01% Reduced -6.4k -6,399
31 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 39,79839.8k $3.9m $3.9m 0.00% Reduced -5.6k -5,588
32 White Pine Investment CO 0.85% of their portfolio LIVONIA, MI 37,27337.3k $3.7m $3.7m 0.85% Added +2.6k +2,624
33 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 33,43533.4k $3.3m $3.3m 0.00% Added +5.4k +5,437
34 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 32,91332.9k $3.2m $3.2m 0.00% Added +676 +676
35 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 32,55532.6k $3.2m $3.2m 0.01% Added +13.4k +13,420
36 Redhawk Wealth Advisors, Inc. 0.35% of their portfolio MINNEAPOLIS, MN 32,46032.5k $3.2m $3.2m 0.35% New
37 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 30,54030.5k $3.0m $3.0m 0.00% Reduced -7.6k -7,615
38 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.15% of their portfolio CEDAR RAPIDS, IA 29,78129.8k $2.9m $2.9m 0.15% Reduced -7.3k -7,304
39 Tower Research Capital LLC (TRC) 0.07% of their portfolio NEW YORK, NY 29,23329.2k $2.9m $2.9m 0.07% Added +26.0k +26,043
40 Cannon Advisors, Inc. 1.99% of their portfolio CHARLOTTE, NC 27,19727.2k $2.7m $2.7m 1.99% Added +842 +842
41 LifeWealth Investments, LLC 0.72% of their portfolio WINTER GARDEN, FL 24,63024.6k $2.4m $2.4m 0.72% Added +5.7k +5,702
42 Regal Investment Advisors LLC 0.14% of their portfolio KENTWOOD, MI 24,00324.0k $2.4m $2.4m 0.14% Added +602 +602
43 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 23,44823.4k $2.3m $2.3m 0.01% Reduced -18 -18
44 Watershed Asset Management, L.L.C. 2.06% of their portfolio San Francisco, CA 20,20020.2k $2.0m $2.0m 2.06% Reduced -96.5k -96,500
45 WARNER FINANCIAL, INC 0.53% of their portfolio BETHESDA, MD 15,57715.6k $1.5m $1.5m 0.53% Added +91 +91
46 Private Capital Management, LLC 0.15% of their portfolio NAPLES, FL 15,33115.3k $1.5m $1.5m 0.15% Added +1.5k +1,475
47 BECK CAPITAL MANAGEMENT, LLC 0.34% of their portfolio AUSTIN, TX 15,23415.2k $1.5m $1.5m 0.34% Reduced -490 -490
48 FLAGSTAR SECURITIES, INC 0.52% of their portfolio New York, NY 14,48514.5k $1.4m $1.4m 0.52% Added +425 +425
49 Innovative Asset Advisors Group, LLC 0.82% of their portfolio SHELTON, CT 14,41014.4k $1.4m $1.4m 0.82% First filing
50 Mystic Asset Management, Inc. 0.31% of their portfolio Warwick, RI 13,41613.4k $1.3m $1.3m 0.31% Unchanged
51 Waverly Advisors, LLC 0.01% of their portfolio BIRMINGHAM, AL 12,60812.6k $1.2m $1.2m 0.01% Added +1.7k +1,719
52 CAP Partners, LLC 0.70% of their portfolio FRANKLIN, TN 12,53112.5k $1.2m $1.2m 0.70% Reduced -152 -152
53 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 12,43912.4k $1.2m $1.2m 0.00% Reduced -27 -27
54 CWM, LLC 0.00% of their portfolio OMAHA, NE 12,35712.4k $1.2m $1.2m 0.00% Reduced -10.0k -9,959
55 Ameritas Investment Partners, Inc. 0.04% of their portfolio LINCOLN, NE 11,80511.8k $1.2m $1.2m 0.04% Added +355 +355
56 Mariner, LLC 0.00% of their portfolio Overland Park, KS 11,75311.8k $1.2m $1.2m 0.00% Reduced -69 -69
57 Mutual Advisors, LLC 0.02% of their portfolio OMAHA, NE 11,08511.1k $1.1m $1.1m 0.02% Reduced -14 -14
58 Tradition Wealth Management, LLC 0.08% of their portfolio EDINA, MN 11,04811.0k $1.1m $1.1m 0.08% Reduced -4.9k -4,916
59 HB Wealth Management, LLC 0.01% of their portfolio Atlanta, GA 11,03311.0k $1.1m $1.1m 0.01% Unchanged
60 Thayer Partners, LLC / MA 0.50% of their portfolio WYNDMOOR, PA 10,60510.6k $1.0m $1.0m 0.50% Added +328 +328
61 QTR Family Wealth, LLC 0.45% of their portfolio LAKE MARY, FL 10,46510.5k $1.1m $1.1m 0.45% Reduced -475 -475
62 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 10,32510.3k $1.0m $1.0m 0.00% New
63 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 10,20510.2k $1.0m $1.0m 0.00% Added +7.3k +7,340
64 IMC-Chicago, LLC 0.01% of their portfolio CHICAGO, IL 9,7079.7k $956.4k $956.4k 0.01% New
65 Fulton Bank, N.A. 0.03% of their portfolio Lancaster, PA 9,6279.6k $948.5k $948.5k 0.03% Unchanged
66 Paulson Wealth Management Inc. 0.22% of their portfolio West Palm Beach, FL 9,5089.5k $936.8k $936.8k 0.22% Reduced -678 -678
67 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 9,3629.4k $922.4k $922.4k 0.00% Added +5.3k +5,287
68 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 9,0599.1k $892.6k $892.6k 0.00% Reduced -3.8k -3,797
69 Prism Advisors, Inc. 0.23% of their portfolio STUDIO CITY, CA 8,6768.7k $854.8k $854.8k 0.23% Added +430 +430
70 Retirement Planning Co of New England, Inc. 0.34% of their portfolio Warwick, RI 8,3648.4k $824.1k $824.1k 0.34% Added +115 +115
71 Carr Financial Group Corp 0.20% of their portfolio WORCESTER, MA 7,8127.8k $769.7k $769.7k 0.20% Reduced -1.4k -1,376
72 Ameritas Advisory Services, LLC 0.03% of their portfolio Lincoln, NE 7,4087.4k $729.9k $729.9k 0.03% Added +44 +44
73 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 7,2637.3k $715.6k $715.6k 0.00% Reduced -43 -43
74 SAX WEALTH ADVISORS, LLC 0.03% of their portfolio PARSIPPANY, NJ 6,8546.9k $701.2k $701.2k 0.03% Unchanged
75 MTM Investment Management, LLC 0.21% of their portfolio SPARTANBURG, SC 6,7916.8k $669.1k $669.1k 0.21% Added +175 +175
76 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 6,3836.4k $628.0k $628.0k 0.00% New
77 Marshall Financial Group, LLC 0.10% of their portfolio Hunt Valley, MD 6,1826.2k $609.1k $609.1k 0.10% Reduced -3.2k -3,238
78 SeaCrest Wealth Management, LLC 0.06% of their portfolio PURCHASE, NY 6,1606.2k $606.9k $606.9k 0.06% Reduced -259 -259
79 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 6,0946.1k $600.4k $600.4k 0.01% Reduced -265 -265
80 Sowell Financial Services LLC 0.02% of their portfolio NORTH LITTLE ROCK, AR 6,0296.0k $594.0k $594.0k 0.02% Reduced -699 -699
81 KMG FIDUCIARY PARTNERS, LLC 0.04% of their portfolio TOLEDO, OH 5,9926.0k $590.4k $590.4k 0.04% Reduced -150 -150
82 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 5,9566.0k $586.9k $586.9k 0.00% Reduced -156 -156
83 Focus Financial Network, Inc. 0.02% of their portfolio MINNEAPOLIS, MN 5,8375.8k $575.1k $575.1k 0.02% Added +161 +161
84 Migdal Insurance & Financial Holdings Ltd. 0.00% of their portfolio Petach Tikva, L3 5,6475.6k $556.4k $556.4k 0.00% Reduced -470 -470
85 Ballast Rock Private Wealth LLC 0.31% of their portfolio CHARLESTON, SC 5,6145.6k $553.2k $553.2k 0.31% Unchanged
86 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 5,5425.5k $546.1k $546.1k 0.00% New
87 Arkadios Wealth Advisors 0.01% of their portfolio ATLANTA, GA 5,5395.5k $545.8k $545.8k 0.01% Added +574 +574
88 Parallel Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 5,1265.1k $505.1k $505.1k 0.01% Unchanged
89 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 5,0845.1k $500.9k $500.9k 0.00% Reduced -161 -161
90 Peak Planning Group, LLC 0.14% of their portfolio CENTENNIAL, CO 4,9725.0k $489.9k $489.9k 0.14% Reduced -179 -179
91 TRAPHAGEN INVESTMENT ADVISORS LLC 0.04% of their portfolio ORADELL, NJ 4,9555.0k $488.2k $488.2k 0.04% Added +57 +57
92 Oxinas Partners, LLC 0.22% of their portfolio JEFFERSONVILLE, IN 4,8474.8k $477.6k $477.6k 0.22% Reduced -381 -381
93 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 4,8004.8k $476.2k $476.2k 0.00% Unchanged
94 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 4,7124.7k $464.3k $464.3k 0.00% Reduced -250 -250
95 WIN ADVISORS, INC 0.21% of their portfolio PALM BEACH GARDENS, FL 4,6734.7k $460.4k $460.4k 0.21% New
96 Key Financial Inc 0.08% of their portfolio WEST CHESTER, PA 4,6494.6k $458.1k $458.1k 0.08% Unchanged
97 Mill Creek Capital Advisors, LLC 0.01% of their portfolio Conshohocken, PA 4,5224.5k $445.6k $445.6k 0.01% Unchanged
98 TOTAL INVESTMENT MANAGEMENT INC 0.05% of their portfolio SCOTTSDALE, AZ 4,4884.5k $442.2k $442.2k 0.05% Added +99 +99
99 STAR Financial Bank 0.20% of their portfolio FORT WAYNE, IN 4,3364.3k $427.2k $427.2k 0.20% Unchanged
100 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 4,2534.3k $419.0k $419.0k 0.00% Added +188 +188