Vault-13

DIREXION SHS ETF TR TSLL

DAILY TSLA 2X SH · ETP · CUSIP 25460G286

77 institutional holders +0 vs Q4 2025
15,871,79415.9m shares reported held*
$193.0mreported value*
23 new 26 added 19 reduced 24 sold out net sold ≈ $129.2m (-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 ($425.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $12.16. Options: 5 managers hold calls ($283.3m notional), 7 hold puts ($275.8m).

Trends to Q1 2026

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: 77Q3 25: 82Q4 25: 77Q1 26: 7777Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q3 202582
Q4 202577
Q1 202677

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 24: 23 bought or addedQ2 24: 23 cut or sold outQ3 24: 25 bought or addedQ3 24: 21 cut or sold outQ3 24Q4 24: 38 bought or addedQ4 24: 26 cut or sold outQ1 25: 76 bought or addedQ1 25: 19 cut or sold outQ1 25Q2 25: 51 bought or addedQ2 25: 49 cut or sold outQ3 25: 57 bought or addedQ3 25: 42 cut or sold outQ3 25Q4 25: 40 bought or addedQ4 25: 45 cut or sold outQ1 26: 49 bought or addedQ1 26: 43 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20242323
Q3 20242521
Q4 20243826
Q1 20257619
Q2 20255149
Q3 20255742
Q4 20254045
Q1 20264943

Calls vs puts

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

CallsPuts
$0$250m$500m$750m$1bnQ2 25 calls: $304.6mQ2 25 puts: $338.0mQ2 25P/C 1.11Q3 25 calls: $872.0mQ3 25 puts: $941.4mQ3 25P/C 1.08Q4 25 calls: $595.0mQ4 25 puts: $602.9mQ4 25P/C 1.01Q1 26 calls: $283.3mQ1 26 puts: $275.8mQ1 26P/C 0.97
Numbers
QuarterCallsPutsP/C
Q2 2025$304.6m$338.0m1.11
Q3 2025$872.0m$941.4m1.08
Q4 2025$595.0m$602.9m1.01
Q1 2026$283.3m$275.8m0.97

Biggest buyers

RENAISSANCE TECHNOLOGIES LLC Added +2,111,700+2.1m
CITADEL ADVISORS LLC Added +716,784+716.8k
Sloy Dahl & Holst, LLC Added +698,977+699.0k
HRT FINANCIAL LP New +507,838+507.8k
GOLDMAN SACHS GROUP INC New +240,292+240.3k
UBS Group AG Added +182,116+182.1k
GTS SECURITIES LLC New +160,516+160.5k
DRW Securities, LLC New +136,474+136.5k
ROYAL BANK OF CANADA Added +102,289+102.3k
XTX Topco Ltd New +69,026+69.0k

Biggest sellers

JANE STREET GROUP, LLC Reduced -11,041,579-11.0m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -3,502,100-3.5m
MORGAN STANLEY Reduced -372,634-372.6k
Virtu Financial LLC Sold out -309,406-309.4k
Headlands Technologies LLC Sold out -160,713-160.7k
STEVENS CAPITAL MANAGEMENT LP Sold out -126,479-126.5k
CITIGROUP INC Reduced -99,890-99.9k
Formidable Asset Management, LLC Reduced -24,513-24.5k
Optiver Holding B.V. Reduced -24,339-24.3k
SIMPLEX TRADING, LLC Sold out -22,636-22.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $170.6m14.0m shares
CITADEL ADVISORS LLC Reduced $70.7m5.8m shares
JANE STREET GROUP, LLC Reduced $36.6m3.0m shares
Walleye Trading LLC Added $5.1m421.3k shares
OLD MISSION CAPITAL LLC Added $232.3k877.2k shares

Biggest puts

JANE STREET GROUP, LLC Reduced $143.5m11.8m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $63.0m5.2m shares
CITADEL ADVISORS LLC Reduced $48.9m4.0m shares
BANK OF MONTREAL /CAN/ New $17.9m1.5m shares
Walleye Trading LLC Added $2.1m173.6k shares
Verition Fund Management LLC Reduced $312.3k25.7k shares
OLD MISSION CAPITAL LLC Added $47.1k266.3k 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 UBS Group AG 0.01% of their portfolio ZURICH, V8 5,393,0575.4m $65.5m $65.5m 0.01% Added +182.1k +182,116
2 Sloy Dahl & Holst, LLC 3.98% of their portfolio Vancouver, WA 2,387,3792.4m $29.0m $29.0m 3.98% Added +699.0k +698,977
3 RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio NEW YORK, NY 2,198,3002.2m $26.7m $26.7m 0.04% Added +2.1m +2,111,700
4 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 1,480,7001.5m $18.0m $18.0m 0.01% Added +4.6k +4,600
5 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 878,349878.3k $10.7m $10.7m 0.01% Added +716.8k +716,784
6 HRT FINANCIAL LP 0.02% of their portfolio NEW YORK, NY 507,838507.8k $6.2m $6.2m 0.02% New
7 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 315,110315.1k $3.8m $3.8m 0.00% Reduced -99.9k -99,890
8 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 240,292240.3k $2.9m $2.9m 0.00% New
9 Mariner, LLC 0.00% of their portfolio Overland Park, KS 239,438239.4k $2.9m $2.9m 0.00% Added +20.3k +20,260
10 SBI Securities Co., Ltd. 0.07% of their portfolio TOKYO, M0 208,766208.8k $2.5m $2.5m 0.07% Added +2.2k +2,197
11 Snowden Capital Advisors LLC 0.07% of their portfolio New York, NY 204,773204.8k $2.5m $2.5m 0.07% Reduced -50 -50
12 GTS SECURITIES LLC 0.07% of their portfolio NEW YORK, NY 160,516160.5k $2.0m $2.0m 0.07% New
13 DRW Securities, LLC 0.09% of their portfolio CHICAGO, IL 136,474136.5k $1.7m $1.7m 0.09% New
14 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 127,026127.0k $1.5m $1.5m 0.00% Reduced -3.5m -3,502,100
15 Summit Financial, LLC 0.02% of their portfolio PARSIPPANY, NJ 110,717110.7k $1.3m $1.3m 0.02% Reduced -4.1k -4,143
16 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 102,569102.6k $1.2m $1.2m 0.00% Added +102.3k +102,289
17 Z3 Capital Partners, LLC 0.28% of their portfolio RICHMOND, VA 89,82589.8k $1.1m $1.1m 0.28% Added +3.9k +3,850
18 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 82,28982.3k $999.8k $999.8k 0.00% Added +4.5k +4,550
19 TWO SIGMA SECURITIES, LLC 0.10% of their portfolio NEW YORK, NY 69,58369.6k $845.4k $845.4k 0.10% Added +32.4k +32,442
20 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 69,02669.0k $838.7k $838.7k 0.01% New
21 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 61,91861.9k $752.3k $752.3k 0.00% Added +6.6k +6,605
22 Discipline Wealth Solutions, LLC 0.07% of their portfolio GREENVILLE, SC 51,18951.2k $621.9k $621.9k 0.07% Added +6.7k +6,710
23 Optiver Holding B.V. 0.02% of their portfolio AMSTERDAM, P7 46,48646.5k $564.8k $564.8k 0.02% Reduced -24.3k -24,339
24 WOODWARD DIVERSIFIED CAPITAL, LLC 0.28% of their portfolio BAKERSFIELD, CA 44,25044.2k $615.1k $615.1k 0.28% Unchanged
25 TRUE Private Wealth Advisors 0.05% of their portfolio Salem, OR 41,13741.1k $499.8k $499.8k 0.05% Reduced -3.1k -3,057
26 Genesis Financial Group, LLC 0.33% of their portfolio PARAMUS, NJ 40,69140.7k $494.4k $494.4k 0.33% Reduced -5.7k -5,692
27 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 39,44439.4k $479.2k $479.2k 0.00% Reduced -11.0m -11,041,579
28 Adams Wealth Management 0.09% of their portfolio LOGAN, UT 35,00035.0k $425.2k $425.2k 0.09% Unchanged
29 CacheTech Inc. 0.08% of their portfolio LOGAN, UT 35,00035.0k $425.2k $425.2k 0.08% Unchanged
30 Shay Capital LLC 0.06% of their portfolio NEW YORK, NY 34,00034.0k $413.1k $413.1k 0.06% Reduced -19.5k -19,500
31 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 32,99733.0k $400.9k $400.9k 0.00% Reduced -372.6k -372,634
32 CANTOR FITZGERALD, L. P. 0.01% of their portfolio NEW YORK, NY 30,97631.0k $376.4k $376.4k 0.01% New
33 180 WEALTH ADVISORS, LLC 0.03% of their portfolio FEDERAL WAY, WA 23,94223.9k $290.9k $290.9k 0.03% Added +4.0k +4,000
34 Dakota Community Bank & Trust NA 0.96% of their portfolio HEBRON, ND 23,29723.3k $283.1k $283.1k 0.96% New
35 StoneX Group Inc. 0.02% of their portfolio NEW YORK, NY 23,05123.1k $280.1k $280.1k 0.02% New
36 CoreCap Advisors, LLC 0.01% of their portfolio SOUTHFIELD, MI 22,39222.4k $272.1k $272.1k 0.01% Added +306 +306
37 WJ Financial Advisors LLC 0.21% of their portfolio KILLINGWORTH, CT 21,20021.2k $257.6k $257.6k 0.21% New
38 Bernardo Wealth Planning LLC 0.05% of their portfolio HARLEYSVILLE, PA 20,97921.0k $254.9k $254.9k 0.05% Added +1.0k +1,009
39 Tower Research Capital LLC (TRC) 0.01% of their portfolio NEW YORK, NY 20,48720.5k $248.9k $248.9k 0.01% Added +12.8k +12,812
40 Family Office Research LLC 0.11% of their portfolio Bethesda, MD 20,17320.2k $245.1k $245.1k 0.11% New
41 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 20,07520.1k $243.9k $243.9k 0.00% Added +6.5k +6,495
42 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 19,45819.5k $236.4k $236.4k 0.00% New
43 HUB Investment Partners, LLC 0.01% of their portfolio AUSTIN, TX 18,98319.0k $230.6k $230.6k 0.01% Reduced -500 -500
44 Formidable Asset Management, LLC 0.05% of their portfolio CINCINNATI, OH 17,38217.4k $332.2k $332.2k 0.05% Reduced -24.5k -24,513
45 MILESTONE ASSET MANAGEMENT, LLC 0.04% of their portfolio PITTSBURGH, PA 16,85016.9k $204.7k $204.7k 0.04% New
46 Aspiring Ventures, LLC 0.05% of their portfolio CINCINNATI, OH 13,00013.0k $157.9k $157.9k 0.05% New
47 Dynamic Advisor Solutions LLC 0.00% of their portfolio PHOENIX, AZ 12,61012.6k $153.2k $153.2k 0.00% Added +109 +109
48 Tactive Advisors, LLC 0.04% of their portfolio Jacksonville, FL 12,60012.6k $153.1k $153.1k 0.04% Reduced -400 -400
49 Fortis Capital Management LLC 0.02% of their portfolio BELLEVUE, WA 12,28712.3k $149.3k $149.3k 0.02% Added +105 +105
50 CERTUITY, LLC 0.01% of their portfolio NORTH PALM BEACH, FL 11,00011.0k $133.7k $133.7k 0.01% New
51 CreativeOne Wealth, LLC 0.00% of their portfolio OVERLAND PARK, KS 10,78010.8k $131.0k $131.0k 0.00% Reduced -1.1k -1,136
52 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 10,22710.2k $124.3k $124.3k 0.00% New
53 Forty-three Eighteen Advisors, LLC 0.09% of their portfolio BENTONVILLE, AR 10,00010.0k $121.5k $121.5k 0.09% New
54 Chung Wu Investment Group, LLC 0.08% of their portfolio SUGAR LAND, TX 8,0008.0k $97.2k $97.2k 0.08% Reduced -18.0k -18,000
55 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 7,8927.9k $95.9k $95.9k 0.00% Added +1.3k +1,281
56 SOA Wealth Advisors, LLC. 0.02% of their portfolio NEW YORK, NY 6,7836.8k $82.4k $82.4k 0.02% Added +1.0k +1,000
57 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 4,8254.8k $58.6k $58.6k 0.00% Unchanged
58 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 3,9754.0k $48.0k $48.0k 0.00% New
59 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 3,7333.7k $45.4k $45.4k 0.00% Added +133 +133
60 SUMMIT SECURITIES GROUP LLC 0.02% of their portfolio NEW YORK, NY 3,0003.0k $36.5k $36.5k 0.02% New
61 TOTH FINANCIAL ADVISORY CORP 0.00% of their portfolio LEESBURG, VA 2,3062.3k $28.0k $28.0k 0.00% Added +541 +541
62 PayPay Securities Corp 1.02% of their portfolio TOKYO, M0 2,2492.2k $29.4k $29.4k 1.02% Reduced -90 -90
63 Anfield Capital Management, LLC 0.01% of their portfolio IRVINE, CA 2,0002.0k $24.3k $24.3k 0.01% Unchanged
64 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 1,8001.8k $21.9k $21.9k 0.00% Reduced -70 -70
65 GILL CAPITAL PARTNERS, LLC 0.01% of their portfolio DENVER, CO 1,5001.5k $18.2k $18.2k 0.01% New
66 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 1,0271.0k $12.5k $12.5k 0.00% Added +796 +796
67 Innovative Asset Advisors Group, LLC 0.00% of their portfolio SHELTON, CT 500500 $6.1k $6.1k 0.00% First filing
68 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 327327 $4.0k $4.0k 0.00% New
69 MassMutual Private Wealth & Trust, FSB 0.00% of their portfolio Windsor, CT 307307 $3.7k $3.7k 0.00% New
70 Strategic Investment Solutions, Inc. /IL 0.00% of their portfolio ORLAND PARK, IL 300300 $3.6k $3.6k 0.00% Reduced -200 -200
71 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 208208 $2.5k $2.5k 0.00% Added +2 +2
72 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 123123 $1.5k $1.5k 0.00% Unchanged
73 Legacy Wealth Managment, LLC/ID 0.00% of their portfolio BOISE, ID 2424 $292 $292 0.00% New
74 Main Street Group, LTD 0.00% of their portfolio GLEN ALLEN, VA 1010 $122 $122 0.00% New
75 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 77 $91 $91 0.00% Unchanged
76 DiNuzzo Private Wealth, Inc. 0.00% of their portfolio BEAVER, PA 66 $73 $73 0.00% Unchanged
77 Benson Wealth Management INC 0.00% of their portfolio OOLTEWAH, TN, TN 44 $49 $49 0.00% Reduced -177 -177