Vault-13

DIREXION SHS ETF TR TSLL

DAILY TSLA 2X SH · ETP · CUSIP 25460G286

77 institutional holders -10 vs Q1 2025
23,598,45223.6m shares reported held*
$278.6mreported value*
21 new 30 added 18 reduced 31 sold out net bought ≈ $20.4m (+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 ≈ $11.81. Options: 9 managers hold calls ($304.6m notional), 10 hold puts ($338.0m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 10Q4 22: 15Q1 23: 22Q2 23: 22Q3 23: 25Q4 23: 28Q1 24: 40Q2 24: 37Q3 24: 40Q4 24: 57Q1 25: 87Q2 25: 7777Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202210
Q4 202215
Q1 202322
Q2 202322
Q3 202325
Q4 202328
Q1 202440
Q2 202437
Q3 202440
Q4 202457
Q1 202587
Q2 202577

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 19 bought or addedQ3 23: 13 cut or sold outQ4 23: 14 bought or addedQ4 23: 14 cut or sold outQ4 23Q1 24: 30 bought or addedQ1 24: 14 cut or sold outQ2 24: 23 bought or addedQ2 24: 23 cut or sold outQ2 24Q3 24: 25 bought or addedQ3 24: 21 cut or sold outQ4 24: 38 bought or addedQ4 24: 26 cut or sold outQ4 24Q1 25: 76 bought or addedQ1 25: 19 cut or sold outQ2 25: 51 bought or addedQ2 25: 49 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20231913
Q4 20231414
Q1 20243014
Q2 20242323
Q3 20242521
Q4 20243826
Q1 20257619
Q2 20255149

Calls vs puts

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

CallsPuts
$0$100m$200m$300m$400mQ3 24 calls: $165.7mQ3 24 puts: $126.8mQ3 24P/C 0.77Q4 24 calls: $352.7mQ4 24 puts: $235.3mQ4 24P/C 0.67Q1 25 calls: $155.7mQ1 25 puts: $170.7mQ1 25P/C 1.10Q2 25 calls: $304.6mQ2 25 puts: $338.0mQ2 25P/C 1.11
Numbers
QuarterCallsPutsP/C
Q3 2024$165.7m$126.8m0.77
Q4 2024$352.7m$235.3m0.67
Q1 2025$155.7m$170.7m1.10
Q2 2025$304.6m$338.0m1.11

Biggest buyers

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +4,850,794+4.9m
UBS Group AG Added +3,288,074+3.3m
SIMPLEX TRADING, LLC Added +544,253+544.3k
BANK OF MONTREAL /CAN/ Added +503,000+503.0k
IMC-Chicago, LLC Added +244,818+244.8k
Sloy Dahl & Holst, LLC Added +200,029+200.0k
SBI Securities Co., Ltd. Added +180,551+180.6k
Snowden Capital Advisors LLC New +179,481+179.5k
StoneX Group Inc. New +137,378+137.4k
NORDEN GROUP LLC Added +57,480+57.5k

Biggest sellers

CITADEL ADVISORS LLC Reduced -3,681,649-3.7m
JANE STREET GROUP, LLC Reduced -790,212-790.2k
BARCLAYS PLC Sold out -580,000-580.0k
Virtu Financial LLC Sold out -459,509-459.5k
Belvedere Trading LLC Sold out -326,269-326.3k
FLOW TRADERS U.S. LLC Sold out -322,159-322.2k
IHT Wealth Management, LLC Sold out -308,500-308.5k
MORGAN STANLEY Reduced -295,545-295.5k
Simplify Asset Management Inc. Sold out -245,408-245.4k
Scientech Research LLC Sold out -232,272-232.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $193.6m16.4m shares
CITADEL ADVISORS LLC Added $95.4m8.1m shares
JANE STREET GROUP, LLC Reduced $10.5m892.0k shares
WOLVERINE TRADING, LLC Reduced $2.9m233.2k shares
SYMMETRY PEAK MANAGEMENT LLC Added $1.3m107.6k shares
B. Riley Wealth Advisors, Inc. Added $448.8k38.0k shares
Walleye Trading LLC New $370.8k31.4k shares
HAP Trading, LLC Added $23.1k29.1k shares
FNY Investment Advisers, LLC Added $5.0k500 shares

Biggest puts

JANE STREET GROUP, LLC Added $138.3m11.7m shares
CITADEL ADVISORS LLC Added $111.9m9.5m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $79.5m6.7m shares
BANK OF MONTREAL /CAN/ New $5.2m440.0k shares
WOLVERINE TRADING, LLC Reduced $2.1m169.4k shares
SYMMETRY PEAK MANAGEMENT LLC New $577.5k48.9k shares
ZAZOVE ASSOCIATES LLC Added $262.5k100.0k shares
Walleye Trading LLC New $213.8k18.1k shares
HAP Trading, LLC Reduced $21.0k18.0k shares
FNY Investment Advisers, LLC New $026 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 UBS Group AG 0.02% of their portfolio ZURICH, V8 7,279,0697.3m $86.0m $86.0m 0.02% Added +3.3m +3,288,074
2 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.13% of their portfolio BALA CYNWYD, PA 6,929,3386.9m $81.8m $81.8m 0.13% Added +4.9m +4,850,794
3 JANE STREET GROUP, LLC 0.06% of their portfolio NEW YORK, NY 2,945,8882.9m $34.8m $34.8m 0.06% Reduced -790.2k -790,212
4 Sloy Dahl & Holst, LLC 2.29% of their portfolio Vancouver, WA 1,397,7331.4m $16.5m $16.5m 2.29% Added +200.0k +200,029
5 SIMPLEX TRADING, LLC 0.26% of their portfolio CHICAGO, IL 816,632816.6k $9.6m $9.6m 0.26% Added +544.3k +544,253
6 GROUP ONE TRADING LLC 0.22% of their portfolio CHICAGO, IL 570,849570.8k $6.7m $6.7m 0.22% Reduced -58.5k -58,539
7 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 506,352506.4k $6.0m $6.0m 0.00% Added +503.0k +503,000
8 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 458,356458.4k $5.4m $5.4m 0.00% Reduced -3.7m -3,681,649
9 SBI Securities Co., Ltd. 0.15% of their portfolio TOKYO, M0 430,252430.3k $5.1m $5.1m 0.15% Added +180.6k +180,551
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 298,140298.1k $3.5m $3.5m 0.00% Reduced -295.5k -295,545
11 IMC-Chicago, LLC 0.08% of their portfolio CHICAGO, IL 267,150267.1k $3.2m $3.2m 0.08% Added +244.8k +244,818
12 Snowden Capital Advisors LLC 0.06% of their portfolio New York, NY 179,481179.5k $2.1m $2.1m 0.06% New
13 Clarity Capital Partners LLC 0.65% of their portfolio Newport Beach, CA 153,507153.5k $1.8m $1.8m 0.65% Added +8.6k +8,552
14 StoneX Group Inc. 0.08% of their portfolio NEW YORK, NY 137,378137.4k $1.6m $1.6m 0.08% New
15 HUB Investment Partners, LLC 0.04% of their portfolio AUSTIN, TX 101,055101.1k $1.2m $1.2m 0.04% Reduced -4.0k -4,020
16 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 85,74685.7k $1.0m $1.0m 0.00% Unchanged
17 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 78,11678.1k $922.5k $922.5k 0.00% Added +16.9k +16,938
18 NORDEN GROUP LLC 0.09% of their portfolio PROVO, UT 69,50069.5k $820.8k $820.8k 0.09% Added +57.5k +57,480
19 WOLVERINE TRADING, LLC 0.02% of their portfolio CHICAGO, IL 55,54255.5k $681.5k $681.5k 0.02% Reduced -22.6k -22,625
20 Bison Wealth, LLC 0.05% of their portfolio ATLANTA, GA 55,00055.0k $620.4k $620.4k 0.05% Added +25.0k +25,000
21 Mariner, LLC 0.00% of their portfolio Overland Park, KS 44,23644.2k $522.4k $522.4k 0.00% Added +33.5k +33,498
22 TRUE Private Wealth Advisors 0.06% of their portfolio Salem, OR 43,85443.9k $517.9k $517.9k 0.06% Added +392 +392
23 Tower Research Capital LLC (TRC) 0.01% of their portfolio NEW YORK, NY 42,86442.9k $506.2k $506.2k 0.01% Reduced -46.6k -46,583
24 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 36,81536.8k $435.0k $435.0k 0.00% New
25 Carr Financial Group Corp 0.09% of their portfolio WORCESTER, MA 27,00027.0k $318.9k $318.9k 0.09% New
26 180 WEALTH ADVISORS, LLC 0.04% of their portfolio FEDERAL WAY, WA 26,33726.3k $311.0k $311.0k 0.04% New
27 Formidable Asset Management, LLC 0.04% of their portfolio CINCINNATI, OH 25,50025.5k $242.8k $242.8k 0.04% Unchanged
28 Chung Wu Investment Group, LLC 0.30% of their portfolio SUGAR LAND, TX 24,50024.5k $289.3k $289.3k 0.30% New
29 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 24,36924.4k $287.8k $287.8k 0.01% Reduced -30.6k -30,612
30 TWO SIGMA SECURITIES, LLC 0.04% of their portfolio NEW YORK, NY 24,27424.3k $286.7k $286.7k 0.04% Reduced -148.5k -148,474
31 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 23,47223.5k $277.2k $277.2k 0.01% New
32 B. Riley Wealth Advisors, Inc. 0.01% of their portfolio MEMPHIS, TN 23,40923.4k $276.5k $276.5k 0.01% Added +15.0k +15,004
33 ZACKS INVESTMENT MANAGEMENT 0.00% of their portfolio Chicago, IL 23,33723.3k $275.6k $275.6k 0.00% Reduced -30.6k -30,612
34 Evolution Wealth Advisors, LLC 0.04% of their portfolio AVENTURA, FL 22,46422.5k $265.3k $265.3k 0.04% New
35 Bernardo Wealth Planning LLC 0.05% of their portfolio HARLEYSVILLE, PA 20,97021.0k $248.0k $248.0k 0.05% New
36 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 20,90120.9k $246.8k $246.8k 0.00% New
37 Traynor Capital Management, Inc. 0.02% of their portfolio MALVERN, PA 20,07520.1k $211.6k $211.6k 0.02% Added +2.9k +2,862
38 SYMMETRY PEAK MANAGEMENT LLC 2.61% of their portfolio Radnor, PA 19,50019.5k $230.3k $230.3k 2.61% Added +14.6k +14,610
39 SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co 0.16% of their portfolio CINCINNATI, OH 19,00019.0k $232.6k $232.6k 0.16% New
40 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 18,69218.7k $220.7k $220.7k 0.00% Added +1.5k +1,538
41 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 18,00018.0k $212.6k $212.6k 0.00% Reduced -10.0k -10,000
42 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 17,86117.9k $210.9k $210.9k 0.00% Added +4.9k +4,936
43 EXENCIAL WEALTH ADVISORS, LLC 0.01% of their portfolio OKLAHOMA CITY, OK 17,53917.5k $207.1k $207.1k 0.01% Unchanged
44 HAP Trading, LLC 0.09% of their portfolio NEW YORK, NY 17,50017.5k $206.7k $206.7k 0.09% New
45 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 16,78116.8k $198.2k $198.2k 0.00% Added +5.9k +5,887
46 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 15,00015.0k $177.2k $177.2k 0.00% Unchanged
47 Dynamic Advisor Solutions LLC 0.01% of their portfolio PHOENIX, AZ 13,77113.8k $162.6k $162.6k 0.01% Added +3.6k +3,572
48 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.00% of their portfolio Seattle, WA 13,50013.5k $159.4k $159.4k 0.00% New
49 Beacon Capital Management, LLC 0.02% of their portfolio FRANKLIN, TN 11,70311.7k $138.2k $138.2k 0.02% Reduced -5.8k -5,771
50 Fortis Capital Management LLC 0.02% of their portfolio BELLEVUE, WA 11,66511.7k $137.8k $137.8k 0.02% Added +615 +615
51 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 11,65011.7k $137.6k $137.6k 0.00% Reduced -10.3k -10,300
52 Jump Financial, LLC 0.00% of their portfolio Chicago, IL 10,70310.7k $126.4k $126.4k 0.00% New
53 Sonora Investment Management Group, LLC 0.01% of their portfolio TUCSON, AZ 10,23610.2k $120.9k $120.9k 0.01% New
54 Adams Wealth Management 0.02% of their portfolio LOGAN, UT 10,00010.0k $118.1k $118.1k 0.02% Unchanged
55 CacheTech Inc. 0.02% of their portfolio LOGAN, UT 10,00010.0k $118.1k $118.1k 0.02% Unchanged
56 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 7,9788.0k $94.2k $94.2k 0.00% Added +683 +683
57 SOA Wealth Advisors, LLC. 0.02% of their portfolio NEW YORK, NY 7,1837.2k $84.8k $84.8k 0.02% New
58 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 6,9927.0k $82.6k $82.6k 0.00% Added +3.9k +3,857
59 Morse Asset Management, Inc 0.01% of their portfolio DARIEN, CT 4,5774.6k $54.1k $54.1k 0.01% Added +4.1k +4,077
60 ATTICUS WEALTH MANAGEMENT, LLC 0.01% of their portfolio Palm Beach Gardens, FL 3,8223.8k $45.1k $45.1k 0.01% Added +100 +100
61 DAGCO, INC. 0.01% of their portfolio WESTLAKE, OH 3,2503.2k $38.4k $38.4k 0.01% Reduced -4.4k -4,435
62 PayPay Securities Corp 1.63% of their portfolio TOKYO, M0 2,8212.8k $33.3k $33.3k 1.63% Added +133 +133
63 HOLLENCREST CAPITAL MANAGEMENT 0.00% of their portfolio NEWPORT BEACH, CA 2,1952.2k $25.9k $25.9k 0.00% Added +110 +110
64 FNY Investment Advisers, LLC 0.01% of their portfolio NEW YORK, NY 1,7511.8k $20.0k $20.0k 0.01% New
65 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 1,3001.3k $15.0k $15.0k 0.00% Reduced -400 -400
66 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 950950 $11.2k $11.2k 0.00% Reduced -5.1k -5,100
67 TOTH FINANCIAL ADVISORY CORP 0.00% of their portfolio LEESBURG, VA 832832 $9.8k $9.8k 0.00% Added +7 +7
68 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 700700 $8.3k $8.3k 0.00% Added +640 +640
69 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 606606 $7.2k $7.2k 0.00% Added +2 +2
70 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 400400 $4.7k $4.7k 0.00% Reduced -600 -600
71 WOLFF WIESE MAGANA LLC 0.00% of their portfolio CARSLBAD, CA 201201 $2.4k $2.4k 0.00% New
72 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 165165 $1.9k $1.9k 0.00% Reduced -204 -204
73 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 123123 $1.5k $1.5k 0.00% New
74 PENSION & WEALTH MANAGEMENT ADVISORS, INC. 0.00% of their portfolio WALTHAM, MA 3535 $413 $413 0.00% New
75 DiNuzzo Private Wealth, Inc. 0.00% of their portfolio BEAVER, PA 66 $71 $71 0.00% New
76 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 33 $37 $37 0.00% Unchanged
77 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged