Vault-13

DIREXION SHS ETF TR

DLY S&P500 BR 3X · ETP · CUSIP 25460E265

44 institutional holders -11 vs Q4 2023
4,230,9264.2m shares reported held*
$37.0mreported value*
11 new 13 added 8 reduced 22 sold out net sold ≈ $92.2m (-10.6m 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 ≈ $8.74. Options: 5 managers hold calls ($21.1m notional), 7 hold puts ($7.1m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 64Q4 22: 51Q1 23: 51Q2 23: 54Q3 23: 55Q4 23: 55Q1 24: 4444Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 202264
Q4 202251
Q1 202351
Q2 202354
Q3 202355
Q4 202355
Q1 202444

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 29 bought or addedQ4 22: 35 cut or sold outQ4 22Q1 23: 27 bought or addedQ1 23: 26 cut or sold outQ1 23Q2 23: 34 bought or addedQ2 23: 20 cut or sold outQ2 23Q3 23: 27 bought or addedQ3 23: 26 cut or sold outQ3 23Q4 23: 25 bought or addedQ4 23: 33 cut or sold outQ4 23Q1 24: 24 bought or addedQ1 24: 30 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20222935
Q1 20232726
Q2 20233420
Q3 20232726
Q4 20232533
Q1 20242430

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ2 23 calls: $28.3mQ2 23 puts: $14.5mQ2 23P/C 0.51Q3 23 calls: $56.5mQ3 23 puts: $19.2mQ3 23P/C 0.34Q4 23 calls: $38.3mQ4 23 puts: $9.1mQ4 23P/C 0.24Q1 24 calls: $21.1mQ1 24 puts: $7.1mQ1 24P/C 0.34
Numbers
QuarterCallsPutsP/C
Q2 2023$28.3m$14.5m0.51
Q3 2023$56.5m$19.2m0.34
Q4 2023$38.3m$9.1m0.24
Q1 2024$21.1m$7.1m0.34

Biggest buyers

MORGAN STANLEY Added +225,854+225.9k
SIMPLEX TRADING, LLC Added +190,484+190.5k
JANE STREET GROUP, LLC Added +75,936+75.9k
SIGNATUREFD, LLC Added +44,353+44.4k
JPMORGAN CHASE & CO Added +35,738+35.7k
Walleye Capital LLC Added +31,300+31.3k
UBS Group AG Added +25,659+25.7k
Tower Research Capital LLC (TRC) Added +18,249+18.2k
QCM Cayman, Ltd. New +17,493+17.5k
Cutler Group LLC / CA Added +16,592+16.6k

Biggest sellers

HRT FINANCIAL LP Reduced -5,917,505-5.9m
IMC-Chicago, LLC Reduced -2,944,553-2.9m
CITADEL ADVISORS LLC Reduced -1,592,973-1.6m
Gainplan LLC Sold out -450,000-450.0k
GTS SECURITIES LLC Reduced -65,854-65.9k
XR Securities LLC Sold out -63,607-63.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -42,041-42.0k
Headlands Technologies LLC Sold out -34,679-34.7k
HighTower Advisors, LLC Sold out -33,411-33.4k
Quantbot Technologies LP Sold out -21,532-21.5k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $19.0m2.2m shares
CITADEL ADVISORS LLC Reduced $1.7m193.0k shares
GTS SECURITIES LLC Reduced $384.1k44.0k shares
Cutler Group LLC / CA Reduced $3.0k15.3k shares
HAP Trading, LLC Reduced $1.7k20.3k shares

Biggest puts

CITADEL ADVISORS LLC Reduced $2.4m279.5k shares
IMC-Chicago, LLC Added $2.2m247.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.6m177.6k shares
JANE STREET GROUP, LLC Added $684.4k78.4k shares
GTS SECURITIES LLC Reduced $257.5k29.5k shares
Cutler Group LLC / CA Added $8.0k19.4k 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, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 IMC-Chicago, LLC 0.63% of their portfolio CHICAGO, IL 2,088,1422.1m $18.2m $18.2m 0.63% Reduced -2.9m -2,944,553
2 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 419,856419.9k $3.7m $3.7m 0.00% Added +225.9k +225,854
3 Tower Research Capital LLC (TRC) 0.06% of their portfolio NEW YORK, NY 276,504276.5k $2.4m $2.4m 0.06% Added +18.2k +18,249
4 HBK Sorce Advisory LLC 0.08% of their portfolio ERIE, PA 248,317248.3k $2.2m $2.2m 0.08% Added +50 +50
5 SIMPLEX TRADING, LLC 0.06% of their portfolio CHICAGO, IL 239,273239.3k $2.1m $2.1m 0.06% Added +190.5k +190,484
6 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 206,901206.9k $1.8m $1.8m 0.01% Reduced -5.9m -5,917,505
7 SIGNATUREFD, LLC 0.03% of their portfolio ATLANTA, GA 151,297151.3k $1.3m $1.3m 0.03% Added +44.4k +44,353
8 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 114,355114.4k $998.3k $998.3k 0.00% Added +75.9k +75,936
9 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 75,26075.3k $657.0k $657.0k 0.00% Added +35.7k +35,738
10 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 51,10951.1k $446.2k $446.2k 0.00% Reduced -1.6m -1,592,973
11 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 50,00650.0k $436.6k $436.6k 0.00% Unchanged
12 GTS SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 48,13748.1k $420.2k $420.2k 0.01% Reduced -65.9k -65,854
13 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 44,61344.6k $389.9k $389.9k 0.00% Unchanged
14 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 41,30041.3k $360.5k $360.5k 0.00% Added +31.3k +31,300
15 UBS Group AG 0.00% of their portfolio ZURICH, V8 25,80025.8k $225.2k $225.2k 0.00% Added +25.7k +25,659
16 Cutler Group LLC / CA 0.10% of their portfolio SAN FRANCISCO, CA 22,43322.4k $195.0k $195.0k 0.10% Added +16.6k +16,592
17 QCM Cayman, Ltd. 2.05% of their portfolio Houston, TX 17,49317.5k $152.7k $152.7k 2.05% New
18 VAN DEN BERG MANAGEMENT I, INC 0.04% of their portfolio AUSTIN, TX 16,36016.4k $142.8k $142.8k 0.04% Added +4.0k +4,000
19 TWO SIGMA SECURITIES, LLC 0.01% of their portfolio NEW YORK, NY 11,80411.8k $103.0k $103.0k 0.01% Reduced -16.2k -16,178
20 PEAPACK GLADSTONE FINANCIAL CORP 0.00% of their portfolio BEDMINSTER, NJ 11,54511.5k $100.0k $100.0k 0.00% New
21 StoneX Group Inc. 0.01% of their portfolio NEW YORK, NY 11,19811.2k $97.8k $97.8k 0.01% New
22 LAZARI CAPITAL MANAGEMENT, INC. 0.05% of their portfolio WOODLAND HILLS, CA 11,10011.1k $96.9k $96.9k 0.05% New
23 Charter Oak Capital Management, LLC 0.01% of their portfolio PORTSMOUTH, NH 10,00010.0k $87.3k $87.3k 0.01% Unchanged
24 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 10,00010.0k $87.3k $87.3k 0.00% New
25 PayPay Securities Corp 3.30% of their portfolio TOKYO, M0 7,5597.6k $66.0k $66.0k 3.30% Reduced -1.7k -1,690
26 JFS WEALTH ADVISORS, LLC 0.00% of their portfolio HERMITAGE, PA 5,0005.0k $43.6k $43.6k 0.00% Unchanged
27 MARK SHEPTOFF FINANCIAL PLANNING, LLC 0.05% of their portfolio GLASTONBURY, CT 4,2004.2k $91.6k $91.6k 0.05% Unchanged
28 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 2,3512.4k $20.5k $20.5k 0.00% Added +2.0k +1,976
29 WHITTIER TRUST CO OF NEVADA INC 0.00% of their portfolio RENO, NV 2,3262.3k $20.3k $20.3k 0.00% Unchanged
30 AllSquare Wealth Management LLC 0.01% of their portfolio ALBANY, NY 2,0402.0k $17.8k $17.8k 0.01% Unchanged
31 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,5951.6k $13.9k $13.9k 0.00% Reduced -1.8k -1,837
32 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 1,4311.4k $12.5k $12.5k 0.00% Added +22 +22
33 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,0001.0k $8.7k $8.7k 0.00% Unchanged
34 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 180180 $1.6k $1.6k 0.00% New
35 Pathway Financial Advisers, LLC 0.00% of their portfolio AUBURN, IN 152152 $1.3k $1.3k 0.00% Reduced -201 -201
36 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 7878 $1.0k $1.0k 0.00% New
37 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 5151 $443 $443 0.00% New
38 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 4848 $419 $419 0.00% Unchanged
39 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 4545 $398 $398 0.00% Unchanged
40 North Star Investment Management Corp. 0.00% of their portfolio CHICAGO, IL 4040 $349 $349 0.00% Unchanged
41 Financial Gravity Asset Management, Inc. 0.00% of their portfolio Lakeway, TX 2222 $193 $193 0.00% New
42 Continuum Advisory, LLC 0.00% of their portfolio EAGLE, ID 44 $36 $36 0.00% New
43 FMR LLC 0.00% of their portfolio BOSTON, MA 11 $9 $9 0.00% New
44 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged