Vault-13

DIREXION SHS ETF TR SPDN

DLY S&P500 BR 1X · ETP · CUSIP 25460E869

56 institutional holders +4 vs Q1 2026
12,089,84712.1m shares reported held*
$104.8mreported value*
11 new 15 added 19 reduced 8 sold out net sold ≈ $15.1m (-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. Holder counts are more reliable. Implied quarter-end price ≈ $8.67. Options: 0 managers hold calls (— notional), 1 hold puts ($564.4k).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 72Q4 22: 73Q1 23: 44Q2 23: 46Q3 23: 50Q4 23: 53Q1 24: 42Q2 24: 42Q3 24: 37Q4 24: 44Q1 25: 63Q2 25: 51Q3 25: 43Q4 25: 46Q1 26: 52Q2 26: 5656Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202272
Q4 202273
Q1 202344
Q2 202346
Q3 202350
Q4 202353
Q1 202442
Q2 202442
Q3 202437
Q4 202444
Q1 202563
Q2 202551
Q3 202543
Q4 202546
Q1 202652
Q2 202656

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q3 24: 15 bought or addedQ3 24: 26 cut or sold outQ4 24: 24 bought or addedQ4 24: 21 cut or sold outQ4 24Q1 25: 44 bought or addedQ1 25: 20 cut or sold outQ2 25: 24 bought or addedQ2 25: 40 cut or sold outQ2 25Q3 25: 23 bought or addedQ3 25: 29 cut or sold outQ4 25: 30 bought or addedQ4 25: 21 cut or sold outQ4 25Q1 26: 37 bought or addedQ1 26: 13 cut or sold outQ2 26: 26 bought or addedQ2 26: 27 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20241526
Q4 20242421
Q1 20254420
Q2 20252440
Q3 20252329
Q4 20253021
Q1 20263713
Q2 20262627

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ3 25 calls: $0Q3 25 puts: $1.2mQ3 25P/C —Q4 25 calls: $0Q4 25 puts: $840.2kQ4 25P/C —Q1 26 calls: $139.3kQ1 26 puts: $948.2kQ1 26P/C 6.81Q2 26 calls: $0Q2 26 puts: $564.4kQ2 26P/C —
Numbers
QuarterCallsPutsP/C
Q3 2025$0$1.2m—
Q4 2025$0$840.2k—
Q1 2026$139.3k$948.2k6.81
Q2 2026$0$564.4k—

Biggest buyers

Robinson Value Management, Ltd. New +2,090,279+2.1m
ONE PLUS ONE WEALTH MANAGEMENT, LLC Added +385,621+385.6k
Wise Wealth Partners New +298,975+299.0k
JANE STREET GROUP, LLC New +233,080+233.1k
Jump Financial, LLC New +224,771+224.8k
MERCER GLOBAL ADVISORS INC /ADV Added +94,175+94.2k
AXXCESS WEALTH MANAGEMENT, LLC Added +84,608+84.6k
SHEPHERD KAPLAN KROCHUK, LLC Added +58,745+58.7k
GOLDMAN SACHS GROUP INC New +41,494+41.5k
Daytona Street Capital LLC New +38,800+38.8k

Biggest sellers

Rockport Wealth LLC Sold out -2,904,522-2.9m
IMC-Chicago, LLC Reduced -707,918-707.9k
CITADEL ADVISORS LLC Reduced -522,657-522.7k
NewEdge Advisors, LLC Reduced -272,679-272.7k
Ascentis Independent Advisors Sold out -223,814-223.8k
January Capital Advisors LLC Sold out -198,739-198.7k
Tidal Investments LLC Sold out -135,734-135.7k
XTX Topco Ltd Reduced -112,905-112.9k
LPL Financial LLC Reduced -94,094-94.1k
Allred Capital Management, LLC Reduced -50,537-50.5k

Biggest calls

None

Biggest puts

CITADEL ADVISORS LLC Added $564.4k65.1k 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.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
LEUTHOLD GROUP, LLC 13G · institution -8.4 pts · filed 2025-12-05 10.3% -8.4 pts 2.5m≈ $21.5m 2025-12-05
Robinson Value Management, Ltd. 13G · institution new · filed 2026-08-24 8.5% new 2.1m≈ $18.1m 2026-08-24

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LEUTHOLD GROUP, LLC 2.64% of their portfolio MINNEAPOLIS, MN 3,035,5103.0m $26.3m $26.3m 2.64% Reduced -38.6k -38,612
2 Robinson Value Management, Ltd. 9.71% of their portfolio SAN ANTONIO, TX 2,090,2792.1m $18.1m $18.1m 9.71% New
3 ONE PLUS ONE WEALTH MANAGEMENT, LLC 6.79% of their portfolio JUPITER, FL 1,789,1011.8m $15.5m $15.5m 6.79% Added +385.6k +385,621
4 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 569,021569.0k $4.9m $4.9m 0.01% Reduced -272.7k -272,679
5 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 529,597529.6k $4.6m $4.6m 0.00% Reduced -2.1k -2,070
6 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 473,825473.8k $4.1m $4.1m 0.00% Reduced -522.7k -522,657
7 AXXCESS WEALTH MANAGEMENT, LLC 0.04% of their portfolio CARLSBAD, CA 304,253304.3k $2.6m $2.6m 0.04% Added +84.6k +84,608
8 Wise Wealth Partners 4.41% of their portfolio PHOENIX, AZ 298,975299.0k $2.6m $2.6m 4.41% New
9 IMC-Chicago, LLC 0.02% of their portfolio CHICAGO, IL 266,397266.4k $2.3m $2.3m 0.02% Reduced -707.9k -707,918
10 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 233,080233.1k $2.0m $2.0m 0.00% New
11 Jump Financial, LLC 0.02% of their portfolio Chicago, IL 224,771224.8k $1.9m $1.9m 0.02% New
12 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 223,660223.7k $1.9m $1.9m 0.00% Added +94.2k +94,175
13 SHEPHERD KAPLAN KROCHUK, LLC 1.33% of their portfolio Boston, MA 193,457193.5k $1.7m $1.7m 1.33% Added +58.7k +58,745
14 Cushing Capital Partners, LLC 1.07% of their portfolio DELAFIELD, WI 178,621178.6k $1.5m $1.5m 1.07% Added +25.9k +25,876
15 CHOREO, LLC 0.01% of their portfolio ROCKFORD, IL 153,674153.7k $1.3m $1.3m 0.01% Reduced -838 -838
16 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 151,497151.5k $1.3m $1.3m 0.00% Reduced -94.1k -94,094
17 Moors & Cabot, Inc. 0.05% of their portfolio BOSTON, MA 145,462145.5k $1.3m $1.3m 0.05% Reduced -21.2k -21,219
18 Allred Capital Management, LLC 0.39% of their portfolio Dallas, TX 135,607135.6k $1.2m $1.2m 0.39% Reduced -50.5k -50,537
19 VERUS CAPITAL PARTNERS, LLC 0.06% of their portfolio SCOTTSDALE, AZ 130,413130.4k $1.1m $1.1m 0.06% Reduced -12.5k -12,518
20 Maltin Wealth Management, Inc. 0.36% of their portfolio RIDGEWOOD, NJ 124,831124.8k $1.1m $1.1m 0.36% Added +593 +593
21 Fortis Advisors, LLC 0.42% of their portfolio WAYNE, PA 103,130103.1k $894.1k $894.1k 0.42% Added +830 +830
22 4WEALTH ADVISORS, INC. 0.54% of their portfolio Burr Ridge, IL 80,21280.2k $701.0k $701.0k 0.54% Reduced -534 -534
23 FLOW TRADERS U.S. LLC 0.02% of their portfolio NEW YORK, NY 65,05265.1k $564.0k $564.0k 0.02% Added +27.6k +27,616
24 Resonant Capital Advisors, LLC 0.02% of their portfolio Madison, WI 51,47751.5k $446.3k $446.3k 0.02% Unchanged
25 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.04% of their portfolio CONCORD, MA 41,84641.8k $362.8k $362.8k 0.04% Reduced -7.4k -7,364
26 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 41,49441.5k $359.8k $359.8k 0.00% New
27 Daytona Street Capital LLC 0.24% of their portfolio SAINT LOUIS, MO 38,80038.8k $333.7k $333.7k 0.24% New
28 TWO SIGMA SECURITIES, LLC 0.03% of their portfolio NEW YORK, NY 37,06037.1k $321.3k $321.3k 0.03% Reduced -21.1k -21,128
29 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 33,89433.9k $293.9k $293.9k 0.00% Reduced -112.9k -112,905
30 GTS SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 33,71333.7k $292.2k $292.2k 0.01% New
31 ASPIRIANT, LLC 0.01% of their portfolio San Francisco, CA 29,79029.8k $258.3k $258.3k 0.01% Unchanged
32 HARMONY ASSET MANAGEMENT LLC 0.06% of their portfolio SCOTTSDALE, AZ 26,48926.5k $229.7k $229.7k 0.06% Reduced -218 -218
33 MOULTON WEALTH MANAGEMENT, INC 0.14% of their portfolio SPOKANE, WA 25,01425.0k $216.6k $216.6k 0.14% New
34 StoneX Group Inc. 0.01% of their portfolio NEW YORK, NY 21,79621.8k $189.3k $189.3k 0.01% New
35 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 20,75120.8k $179.9k $179.9k 0.00% Added +175 +175
36 Belpointe Asset Management LLC 0.01% of their portfolio RENO, NV 20,11020.1k $174.4k $174.4k 0.01% Unchanged
37 HBK Sorce Advisory LLC 0.00% of their portfolio ERIE, PA 20,00020.0k $169.0k $169.0k 0.00% Unchanged
38 A. D. Beadell Investment Counsel, Inc. 0.11% of their portfolio MEQUON, WI 20,00020.0k $173.0k $173.0k 0.11% Unchanged
39 Lifeworks Advisors, LLC 0.02% of their portfolio GRAND RAPIDS, MI 18,24318.2k $158.2k $158.2k 0.02% Reduced -6.2k -6,226
40 Quadrature Capital Ltd 0.00% of their portfolio LONDON, X0 17,10017.1k $148.3k $148.3k 0.00% New
41 VIMA LLC 0.14% of their portfolio TROY, MI 16,89016.9k $146.4k $146.4k 0.14% First filing
42 Waverly Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 14,06814.1k $122.0k $122.0k 0.00% Added +404 +404
43 Cornerstone Wealth Management, LLC 0.00% of their portfolio ST. PETERS, MO 11,00011.0k $95.4k $95.4k 0.00% Unchanged
44 Strait & Sound Wealth Management LLC 0.03% of their portfolio SAN FRANCISCO, CA 11,00011.0k $95.4k $95.4k 0.03% Added +1.0k +1,000
45 Capstone Financial Advisors, Inc. 0.00% of their portfolio DOWNERS GROVE, IL 10,08210.1k $87.4k $87.4k 0.00% Reduced -465 -465
46 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 10,00010.0k $86.7k $86.7k 0.00% Reduced -25.9k -25,900
47 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 7,9668.0k $69.1k $69.1k 0.00% Added +7.1k +7,137
48 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 5,1495.1k $44.6k $44.6k 0.00% Unchanged
49 UBS Group AG 0.00% of their portfolio ZURICH, V8 3,2183.2k $27.9k $27.9k 0.00% Added +3.0k +3,017
50 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 977977 $8.5k $8.5k 0.00% Added +8 +8
51 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 842842 $7.3k $7.3k 0.00% Reduced -2.6k -2,648
52 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 500500 $4.3k $4.3k 0.00% New
53 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 137137 $1.2k $1.2k 0.00% Added +27 +27
54 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1313 $114 $114 0.00% Unchanged
55 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 22 $17 $17 0.00% Unchanged
56 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11 $10 $10 0.00% Unchanged