Vault-13

DIREXION SHS ETF TR TMV

20YR TRES BEAR · ETP · CUSIP 25460G849

24 institutional holders +2 vs Q1 2026
759,335759.3k shares reported held*
$27.8mreported value*
6 new 7 added 8 reduced 4 sold out net bought ≈ $65.0k (+11.3k 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. Holder counts are more reliable. Implied quarter-end price ≈ $36.59. Options: 4 managers hold calls ($32.2m notional), 4 hold puts ($17.1m).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 41Q4 22: 40Q1 23: 33Q2 23: 33Q3 23: 31Q4 23: 30Q1 24: 29Q2 24: 28Q3 24: 28Q4 24: 30Q1 25: 29Q2 25: 30Q3 25: 25Q4 25: 25Q1 26: 22Q2 26: 2424Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202241
Q4 202240
Q1 202333
Q2 202333
Q3 202331
Q4 202330
Q1 202429
Q2 202428
Q3 202428
Q4 202430
Q1 202529
Q2 202530
Q3 202525
Q4 202525
Q1 202622
Q2 202624

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q3 24: 14 bought or addedQ3 24: 11 cut or sold outQ4 24: 12 bought or addedQ4 24: 15 cut or sold outQ4 24Q1 25: 14 bought or addedQ1 25: 13 cut or sold outQ2 25: 12 bought or addedQ2 25: 13 cut or sold outQ2 25Q3 25: 11 bought or addedQ3 25: 15 cut or sold outQ4 25: 14 bought or addedQ4 25: 13 cut or sold outQ4 25Q1 26: 12 bought or addedQ1 26: 16 cut or sold outQ2 26: 13 bought or addedQ2 26: 12 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20241411
Q4 20241215
Q1 20251413
Q2 20251213
Q3 20251115
Q4 20251413
Q1 20261216
Q2 20261312

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ3 25 calls: $59.9mQ3 25 puts: $7.2mQ3 25P/C 0.12Q4 25 calls: $66.5mQ4 25 puts: $12.7mQ4 25P/C 0.19Q1 26 calls: $36.5mQ1 26 puts: $9.6mQ1 26P/C 0.26Q2 26 calls: $32.2mQ2 26 puts: $17.1mQ2 26P/C 0.53
Numbers
QuarterCallsPutsP/C
Q3 2025$59.9m$7.2m0.12
Q4 2025$66.5m$12.7m0.19
Q1 2026$36.5m$9.6m0.26
Q2 2026$32.2m$17.1m0.53

Biggest buyers

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +65,538+65.5k
XTX Topco Ltd New +31,585+31.6k
Belvedere Trading LLC New +24,410+24.4k
ADAMSBROWN WEALTH CONSULTANTS LLC New +10,000+10.0k
ROYAL BANK OF CANADA Added +7,452+7.5k
TUDOR INVESTMENT CORP ET AL Added +5,173+5.2k
Optiver Holding B.V. Added +1,404+1.4k
HOLLENCREST CAPITAL MANAGEMENT Added +190+190
SIMPLEX TRADING, LLC New +99+99
Atlantic Union Bankshares Corp Added +20+20

Biggest sellers

RENAISSANCE TECHNOLOGIES LLC Sold out -53,100-53.1k
CITADEL ADVISORS LLC Reduced -26,526-26.5k
JANE STREET GROUP, LLC Reduced -21,139-21.1k
GTS SECURITIES LLC Sold out -8,078-8.1k
Jump Financial, LLC Reduced -6,985-7.0k
SBI Securities Co., Ltd. Reduced -6,114-6.1k
TWO SIGMA SECURITIES, LLC Sold out -5,931-5.9k
GROUP ONE TRADING LLC Reduced -5,876-5.9k
UBS Group AG Reduced -253-253
CIM, LLC Reduced -252-252

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $15.8m427.2k shares
CITADEL ADVISORS LLC Reduced $8.2m221.7k shares
JANE STREET GROUP, LLC Added $6.5m174.8k shares
TUDOR INVESTMENT CORP ET AL Reduced $1.7m45.0k shares

Biggest puts

CITADEL ADVISORS LLC Added $11.4m307.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $4.2m112.3k shares
SJBENEN ADVISORY, LLC New $1.2m32.0k shares
JANE STREET GROUP, LLC Reduced $344.7k9.3k 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, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 SBI Securities Co., Ltd. 0.22% of their portfolio TOKYO, M0 261,177261.2k $9.7m $9.7m 0.22% Reduced -6.1k -6,114
2 CIM, LLC 0.71% of their portfolio ALBANY, NY 148,227148.2k $5.5m $5.5m 0.71% Reduced -252 -252
3 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 141,645141.6k $5.2m $5.2m 0.00% Added +65.5k +65,538
4 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 40,51440.5k $1.5m $1.5m 0.00% Reduced -21.1k -21,139
5 XTX Topco Ltd 0.02% of their portfolio LONDON, X0 31,58531.6k $1.2m $1.2m 0.02% New
6 Belvedere Trading LLC 0.08% of their portfolio CHICAGO, IL 24,41024.4k $904.6k $904.6k 0.08% New
7 Jump Financial, LLC 0.01% of their portfolio Chicago, IL 22,91922.9k $849.4k $849.4k 0.01% Reduced -7.0k -6,985
8 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 15,22015.2k $564.1k $564.1k 0.00% Reduced -26.5k -26,526
9 MADDEN SECURITIES Corp 0.13% of their portfolio DALLAS, TX 13,00013.0k $481.8k $481.8k 0.13% Unchanged
10 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 11,88811.9k $441.0k $441.0k 0.00% Added +7.5k +7,452
11 TUDOR INVESTMENT CORP ET AL 0.00% of their portfolio STAMFORD, CT 11,10211.1k $411.4k $411.4k 0.00% Added +5.2k +5,173
12 ADAMSBROWN WEALTH CONSULTANTS LLC 0.00% of their portfolio WICHITA, KS 10,00010.0k $15.2k $15.2k 0.00% New
13 HOLLENCREST CAPITAL MANAGEMENT 0.02% of their portfolio NEWPORT BEACH, CA 8,0008.0k $296.5k $296.5k 0.02% Added +190 +190
14 GROUP ONE TRADING LLC 0.01% of their portfolio CHICAGO, IL 7,2947.3k $270.3k $270.3k 0.01% Reduced -5.9k -5,876
15 Optiver Holding B.V. 0.00% of their portfolio AMSTERDAM, P7 7,2467.2k $268.5k $268.5k 0.00% Added +1.4k +1,404
16 Atlantic Union Bankshares Corp 0.00% of their portfolio GLEN ALLEN, VA 3,1043.1k $115.0k $115.0k 0.00% Added +20 +20
17 JTC Employer Solutions Trustee Ltd 0.00% of their portfolio ST HELIER, Y9 1,5481.5k $57.0k $57.0k 0.00% Unchanged
18 PayPay Securities Corp 0.28% of their portfolio TOKYO, M0 310310 $11.5k $11.5k 0.28% Added +8 +8
19 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 9999 $3.7k $3.7k 0.00% New
20 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2121 $787 $787 0.00% Reduced -198 -198
21 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 1212 $445 $445 0.00% New
22 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 88 $296 $296 0.00% New
23 UBS Group AG 0.00% of their portfolio ZURICH, V8 66 $222 $222 0.00% Reduced -253 -253
24 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 11 $37 $37 0.00% Unchanged