Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

DIREXION SHARES ETF TRUST (DRIP)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
→ 0
Streak
1Q —
Buyers last Q
35%

Smart Money Signals — DRIP

Based on 16 hedge funds · latest filing: 2025 Q4 · updated quarterly

➡️

No change last quarter

last 6Q
The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.
📊

High ownership — 80% of 3.0Y peak

80% of all-time peak
16 funds currently hold this stock — 80% of the 3.0-year high of 20 funds (reached 2023 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 6% fewer funds vs a year ago

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

Heavy selling pressure — only 35% buying

6 buying11 selling
Last quarter: 11 funds sold vs only 6 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️

Steady new buyers — ~2 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 5 → 6 → 3 → 2. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

69% of holders stayed for 2+ years

■ 69% conviction (2yr+) ■ 12% medium ■ 19% new
11 out of 16 hedge funds have held DRIP for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
⚠️

Saturation — most institutions already know this story

7 → 5 → 6 → 3 → 2 new funds/Q
New funds entering each quarter: 5 → 6 → 3 → 2. Far fewer institutions are entering now vs. a year ago. When the pool of potential new buyers shrinks this fast, future price support from institutional inflows weakens significantly.
🏛️

Deep conviction — 79% of holders stayed 2+ years

■ 79% veterans ■ 0% 1-2yr ■ 21% new
Of 19 current holders: 15 (79%) 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 — 63% AUM from top-100 funds

63% from top-100 AUM funds
6 of 16 holders are among the 100 largest funds by AUM, controlling 63% of total institutional value in DRIP. 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 — DRIP

In 2025 Q4, 6 hedge funds were net buyers of DRIP (2 opened a new position, 4 added to an existing one), while 11 reduced or exited (9 trimmed, 2 sold completely) — a 35% buyer ratio, indicating net institutional distribution. 63% of total institutional value in DRIP is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: flat (entries and exits balanced). Total institutional holders: 16.

Hedge Fund Ownership: DRIP

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

Market Analysis: DRIP

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: DRIP

-- --

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

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

Signal Freshness measures how much DRIP 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
DRIP
+7.2%
SPY
+14.7%

DRIP outperformed SPY by -7.5% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 8d ago
DRIP
+2.5%
SPY
+0.9%

Since the filing became public, DRIP outperformed SPY by +1.6% .

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
0.1
/ 10
conviction
Hedge Fund Positioning: DRIP
33 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 33 16 106.25%
13F Shares 3M 1M 133.78%
Total Value $11M $10M 7.09%
New Positions 20 2 +18
Increased Positions 11 2 +9
Closed Positions 3 2 +1
Reduced Positions 1 9 -8
Total Calls 2 3 -33.33%
Total Puts 2 1 100.0%
PUT/CALL Ratio 1.0 0.33 Neutral

Statistics: DRIP

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Institutional Holders (2026 Q1)

33 + investors

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

QUARTER:
Top 25 institutional holders of DRIP — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Scientech Research LLC 0.37% 106,650 $442K
2 FWG Holdings, LLC 0.04% 23,703 $101K
3 TWO SIGMA SECURITIES, LLC 0.03% 69,562 $288K
4 Blue Sky Capital Consultants Group, Inc. 0.02% 11,115 $46K
5 GTS SECURITIES LLC 0.02% 135,389 $561K
6 GREENBERG FINANCIAL GROUP 0.02% 10,000 $41K
7 Headlands Technologies LLC 0.01% 17,929 $74K
8 Tower Research Capital LLC (TRC) 0.01% 65,308 $270K
9 Jump Financial, LLC 0.00% 83,773 $347K
10 Focus Financial Network, Inc. 0.00% 31,000 $128K
11 XTX Topco Ltd 0.00% 50,559 $209K
12 HRT FINANCIAL LP 0.00% 318,359 $1.3M
13 SBI Securities Co., Ltd. 0.00% 17,992 $74K
14 IFP Advisors, Inc 0.00% 14,796 $61K
15 Squarepoint Ops LLC 0.00% 201,405 $834K
16 Qube Research & Technologies Ltd 0.00% 210,835 $873K
17 Arax Advisory Partners 0.00% 6,376 $26K
18 Belvedere Trading LLC 0.00% 48,548 $201K
19 US BANCORP \DE\ 0.00% 37,000 $153K
20 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% 380,488 $1.6M
21 Larson Financial Group LLC 0.00% 1,033 $4K
22 JANE STREET GROUP, LLC 0.00% 164,517 $681K
23 GROUP ONE TRADING LLC 0.00% 10,774 $45K
24 SIMPLEX TRADING, LLC 0.00% 29,474 $122K
25 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% 175,400 $726K
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 (DRIP)

What does the Smart Money Trend signal show for DRIP?

No change last quarter: The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.

What is the institutional breadth score for DRIP?

Heavy selling pressure — only 35% buying: Last quarter: 11 funds sold vs only 6 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 DRIP holders?

Elite ownership — 63% AUM from top-100 funds: 6 of 16 holders are among the 100 largest funds by AUM, controlling 63% of total institutional value in DRIP. 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 DRIP?

69% of holders stayed for 2+ years: 11 out of 16 hedge funds have held DRIP for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

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

As of today, DRIP has moved +2.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.9% for the SPY sector ETF — an outperformance of +1.6%. Since the quarter end (March 31, 2026), DRIP has gained +7.2% 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.

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