Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Direxion Shares ETF Trust (HCMT)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -5
Streak
1Q ▼
Buyers last Q
50%

Smart Money Signals — HCMT

Based on 35 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 HCMT positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 88% of 3.0Y peak

88% of all-time peak
35 funds currently hold this stock — 88% of the 3.0-year high of 40 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding HCMT is almost the same as a year ago (+0 funds, +0% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 50% buying

22 buying22 selling
Last quarter: 22 funds bought or added vs 22 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~7 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 8 → 7 → 8 → 7. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌

Mixed — 31% long-term, 34% new

■ 31% conviction (2yr+) ■ 34% medium ■ 34% new
Of the 35 current holders: 11 (31%) held >2 years, 12 held 1–2 years, and 12 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 — ~7 new funds/quarter

10 → 8 → 7 → 8 → 7 new funds/Q
New funds entering each quarter: 8 → 7 → 8 → 7. Consistent flow of new institutional buyers without clear acceleration or slowdown.
📊

Mixed cohorts — 34% veterans, 49% new entrants

■ 34% veterans ■ 17% 1-2yr ■ 49% new
Of 35 current holders: 12 (34%) held 2+ years, 6 held 1–2 years, 17 (49%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
📋

Smaller funds dominant — 5% AUM from top-100

5% from top-100 AUM funds
4 of 35 holders rank in the top 100 by AUM, but together hold only 5% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — 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 — HCMT

In 2026 Q1, 22 hedge funds were net buyers of HCMT (7 opened a new position, 15 added to an existing one), while 22 reduced or exited (10 trimmed, 12 sold completely) — a 50% buyer ratio, indicating a slight buying edge. Net fund flow last quarter: -5 funds (more exits than new entries). Total institutional holders: 35.

Hedge Fund Ownership: HCMT

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

Market Analysis: HCMT

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: HCMT

-- --

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

Is It Too Late to Buy Direxion Shares ETF Trust (HCMT) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much HCMT 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 · 77d ago
HCMT
+21.3%
SPY
+15.9%

HCMT outperformed SPY by +5.4% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 32d ago
HCMT
+7.2%
SPY
+2.0%

Since the filing became public, HCMT outperformed SPY by +5.2% .

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.

1 top-rated funds 4 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
3.2
/ 10
conviction
Hedge Fund Positioning: HCMT
35 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 35 40 -12.5%
13F Shares 14M 15M -4.91%
Total Value $400M $475M -15.73%
New Positions 7 8 -1
Increased Positions 15 10 +5
Closed Positions 12 3 +9
Reduced Positions 10 18 -8
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: HCMT

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Financial Highlights

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Institutional Holders (2026 Q1)

35 + investors

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

QUARTER:
Top 25 HCMT holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Wealth Watch Advisors, INC 5.78% 392,248 $13.8M
2 Howard Capital Management Inc. 4.25% 9,548,309 $259.6M
3 Discipline Wealth Solutions, LLC 3.92% 1,057,983 $37.2M
4 Crosspoint Financial, LLC 3.90% 44,158 $1.6M
5 WealthTrak Capital Management LLC 3.85% 153,237 $5.4M
6 CPR Investments Inc. 2.24% 95,544 $3.4M
7 Aegis Wealth Management, Inc. 1.82% 65,734 $2.3M
8 Delta Investment Management, LLC 0.71% 112,180 $3.9M
9 Optivise Advisory Services LLC 0.53% 24,812 $873K
10 Orion Porfolio Solutions, LLC 0.32% 1,077,594 $37.9M
11 VestGen Investment Management 0.23% 12,015 $423K
12 Bison Wealth, LLC 0.15% 37,724 $1.5M
13 Lifestyle Asset Management, Inc. 0.09% 7,416 $261K
14 Foundations Investment Advisors, LLC 0.08% 184,127 $6.5M
15 Gts Securities LLC 0.05% 37,850 $1.3M
16 VestGen Advisors, LLC 0.01% 11,382 $452K
17 IFP Advisors, Inc 0.01% 12,002 $422K
18 Atria Investments, Inc 0.01% 18,692 $658K
19 NFSG Corp 0.01% 950 $33K
20 World Investment Advisors 0.00% 7,922 $279K
21 Summit Financial, LLC 0.00% 8,341 $294K
22 LPL Financial LLC 0.00% 382,715 $13.5M
23 Rossby Financial, LCC 0.00% 325 $11K
24 Envestnet Asset Management Inc 0.00% 195,130 $6.9M
25 Smartleaf Asset Management LLC 0.00% 1,112 $39K
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 (HCMT)

What does the Smart Money Trend signal show for HCMT?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their HCMT 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 HCMT?

Slight buying edge — 50% buying: Last quarter: 22 funds bought or added vs 22 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for HCMT holders?

Smaller funds dominant — 5% AUM from top-100: 4 of 35 holders rank in the top 100 by AUM, but together hold only 5% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held HCMT?

Mixed — 31% long-term, 34% new: Of the 35 current holders: 11 (31%) held >2 years, 12 held 1–2 years, and 12 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 (HCMT) following the 2026 Q1 hedge fund 13F filings?

As of today, HCMT has moved +7.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.0% for the SPY sector ETF — an outperformance of +5.2%. Since the quarter end (March 31, 2026), HCMT has gained +21.3% vs +15.9% 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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