Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

DIREXION SHARES ETF TRUST (DPST)

32 + Investors. Track Smart Money conviction in DPST. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -15
Streak
1Q ▼
Buyers last Q
34%

Smart Money Signals — DPST

Based on 32 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their DPST positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🔻

Below peak — only 68% of 3.0Y high

68% of all-time peak
Only 32 funds hold DPST today versus a peak of 47 funds at 2025 Q4 — just 68% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.
📉

Outflows — 11% fewer funds vs a year ago

fund count last 6Q
4 fewer hedge funds hold DPST compared to a year ago (-11% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🔴

Heavy selling pressure — only 34% buying

17 buying33 selling
Last quarter: 33 funds sold vs only 17 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
⚠️

Fewer new buyers each quarter (-9 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 9 → 12 → 18 → 9. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
📌

Mixed — 34% long-term, 31% new

■ 34% conviction (2yr+) ■ 34% medium ■ 31% new
Of the 32 current holders: 11 (34%) held >2 years, 11 held 1–2 years, and 10 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
➡️

Steady discovery — ~9 new funds/quarter

10 → 9 → 12 → 18 → 9 new funds/Q
New funds entering each quarter: 9 → 12 → 18 → 9. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 58% of holders stayed 2+ years

■ 58% veterans ■ 13% 1-2yr ■ 29% new
Of 38 current holders: 22 (58%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 92% AUM from top-100 funds

92% from top-100 AUM funds
9 of 32 holders are among the 100 largest funds by AUM, controlling 92% of total institutional value in DPST. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.2
out of 10
Low Exit Risk
Exit risk score 3.2/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — DPST

In 2026 Q1, 17 hedge funds were net buyers of DPST (9 opened a new position, 8 added to an existing one), while 33 reduced or exited (9 trimmed, 24 sold completely) — a 34% buyer ratio, indicating net institutional distribution. 92% of total institutional value in DPST is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -15 funds (more exits than new entries). Total institutional holders: 32.

Hedge Fund Ownership: DPST

How many hedge funds hold DPST — quarterly history vs. share price
Quarterly hedge fund ownership of DPST vs. share price

Market Analysis: DPST

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: DPST

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy DIREXION SHARES ETF TRUST (DPST) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much DPST has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 53d ago
DPST
+18.5%
SPY
+14.7%

DPST outperformed SPY by +3.8% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 8d ago
DPST
+10.6%
SPY
+0.9%

Since the filing became public, DPST outperformed SPY by +9.7% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

3 top-rated funds 0 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
0.0
/ 10
conviction
Hedge Fund Positioning: DPST
32 + Investors

Track Smart Money conviction in DPST. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 32 47 -31.91%
13F Shares 2M 3M -16.57%
Total Value $234M $292M -19.94%
New Positions 9 18 -9
Increased Positions 5 11 -6
Closed Positions 24 8 +16
Reduced Positions 9 9 -
Total Calls 5 4 25.0%
Total Puts 4 4 -
PUT/CALL Ratio 0.8 1.0 Neutral

Statistics: DPST

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

32 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in DPST. Verified SEC 13F-HR filings.

QUARTER:
Top 25 institutional holders of DPST — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 SBI Securities Co., Ltd. 0.09% 32,395 $3.1M
2 TWO SIGMA SECURITIES, LLC 0.07% 6,363 $615K
3 Jump Financial, LLC 0.04% 32,101 $3.1M
4 PIN OAK INVESTMENT ADVISORS INC 0.03% 399 —
5 Marex Group plc 0.03% 13,718 $963K
6 Tower Research Capital LLC (TRC) 0.02% 9,123 $882K
7 TOTH FINANCIAL ADVISORY CORP 0.02% 1,854 $179K
8 Glass Jacobson Investment Advisors llc 0.01% 314 $30K
9 HRT FINANCIAL LP 0.01% 29,839 $2.9M
10 DRW Securities, LLC 0.01% 5,366 $519K
11 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% 560,100 $54.1M
12 CITADEL ADVISORS LLC 0.01% 342,400 $33.1M
13 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% 452,100 $43.7M
14 CITADEL ADVISORS LLC 0.00% 302,000 $29.2M
15 RENAISSANCE TECHNOLOGIES LLC 0.00% 29,300 $2.8M
16 Orion Porfolio Solutions, LLC 0.00% 4,225 $408K
17 JANE STREET GROUP, LLC 0.00% 213,700 $20.7M
18 JANE STREET GROUP, LLC 0.00% 213,500 $20.6M
19 Abound Wealth Management 0.00% 86 $8K
20 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% 136,589 $13.2M
21 Allworth Financial LP 0.00% 2,563 $248K
22 IMC-Chicago, LLC 0.00% 27,872 $2.7M
23 Western Wealth Management, LLC 0.00% 224 $22K
24 Parkside Financial Bank & Trust 0.00% 67 $6K
25 Belvedere Trading LLC 0.00% 2,332 $225K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — DIREXION SHARES ETF TRUST (DPST)

What does the Smart Money Trend signal show for DPST?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their DPST positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for DPST?

Heavy selling pressure — only 34% buying: Last quarter: 33 funds sold vs only 17 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for DPST holders?

Elite ownership — 92% AUM from top-100 funds: 9 of 32 holders are among the 100 largest funds by AUM, controlling 92% of total institutional value in DPST. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held DPST?

Mixed — 34% long-term, 31% new: Of the 32 current holders: 11 (34%) held >2 years, 11 held 1–2 years, and 10 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Is it too late to buy DIREXION SHARES ETF TRUST (DPST) following the 2026 Q1 hedge fund 13F filings?

As of today, DPST has moved +10.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.9% for the SPY sector ETF — an outperformance of +9.7%. Since the quarter end (March 31, 2026), DPST has gained +18.5% vs +14.7% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

Full history →