Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Direxion Shares ETF Trust (LABD)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +4
Streak
1Q ▲
Buyers last Q
70%

Smart Money Signals — LABD

Based on 21 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added LABD than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
21 hedge funds hold LABD right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +17% more funds vs a year ago

fund count last 6Q
+3 new funds entered over the past year (+17% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 70% buying

19 buying8 selling
Last quarter: 19 funds were net buyers (8 opened a brand new position + 11 added to an existing one). Only 8 were sellers (4 trimmed + 4 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~8 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 8 → 6 → 6 → 8. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

57% of holders stayed for 2+ years

■ 57% conviction (2yr+) ■ 29% medium ■ 14% new
12 out of 21 hedge funds have held LABD 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.
💎

Buying through price weakness — shares +88%, value -11%

Value
-11%
Shares
+87%
Last quarter: funds added +88% more shares while total portfolio value only changed -11%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~8 new funds/quarter

5 → 8 → 6 → 6 → 8 new funds/Q
New funds entering each quarter: 8 → 6 → 6 → 8. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 81% veterans vs 15% newcomers

■ 81% veterans ■ 4% 1-2yr ■ 15% new
Entry-cohort mix of 27 holders: 22 (81%) are 2+ year veterans, 1 entered 1–2 years ago, and 4 (15%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 50% AUM from top-100 funds

50% from top-100 AUM funds
5 of 21 holders are among the 100 largest funds by AUM, controlling 50% of total institutional value in LABD. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.4
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 — LABD

In 2026 Q2, 19 hedge funds were net buyers of LABD (8 opened a new position, 11 added to an existing one), while 8 reduced or exited (4 trimmed, 4 sold completely) — a 70% buyer ratio, indicating clear institutional accumulation. 50% of total institutional value in LABD is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +4 funds (more new holders than closures). Total institutional holders: 21.

Hedge Fund Ownership: LABD

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

Market Analysis: LABD

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: LABD

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

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

2 top-rated funds 0 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
0.3
/ 10
conviction
Hedge Fund Positioning: LABD
21 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 21 17 23.53%
13F Shares 4M 2M 87.79%
Total Value $32M $36M -11.09%
New Positions 8 6 +2
Increased Positions 10 6 +4
Closed Positions 4 6 -2
Reduced Positions 2 5 -3
Total Calls 3 3 -
Total Puts 3 3 -
PUT/CALL Ratio 1.0 1.0 Neutral

Statistics: LABD

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Beta (5Y Monthly) --
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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

21 + investors

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

QUARTER:
Top 25 LABD holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 PayPay Securities Corp 0.30% 1,601 $12K
2 Capstone Capital Management Ltd 0.17% 50,261 $388K
3 Ikarian Capital, LLC 0.09% 105,822 $816K
4 Two Sigma Securities, LLC 0.06% 83,550 $644K
5 Gts Securities LLC 0.01% 76,580 $590K
6 Jump Financial, LLC 0.01% 83,906 $791K
7 XTX Topco Ltd 0.01% 91,100 $702K
8 Tower Research Capital LLC (TRC) 0.01% 44,424 $343K
9 Hrt Financial LP 0.00% 254,387 $2.0M
10 BNP Paribas Financial Markets 0.00% 750,064 $5.8M
11 Squarepoint Ops LLC 0.00% 110,977 $856K
12 Susquehanna International Group, LLP 0.00% 1,100,600 $8.5M
13 Renaissance Technologies LLC 0.00% 47,500 $366K
14 Citadel Advisors LLC 0.00% 371,930 $2.9M
15 Qube Research & Technologies Ltd 0.00% 29,680 $229K
16 Goldman Sachs Group Inc 0.00% 302,923 $2.3M
17 SBI Securities Co., Ltd. 0.00% 1,146 $9K
18 Citadel Advisors LLC 0.00% 130,913 $1.0M
19 Citadel Advisors LLC 0.00% 128,490 $991K
20 Jane Street Group, LLC 0.00% 122,797 $947K
21 Susquehanna International Group, LLP 0.00% 98,400 $759K
22 Susquehanna International Group, LLP 0.00% 64,242 $495K
23 Jane Street Group, LLC 0.00% 33,910 $261K
24 Jane Street Group, LLC 0.00% 30,800 $237K
25 UBS Group AG 0.00% 12,195 $94K
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 (LABD)

What does the Smart Money Trend signal show for LABD?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added LABD than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for LABD?

More buyers than sellers — 70% buying: Last quarter: 19 funds were net buyers (8 opened a brand new position + 11 added to an existing one). Only 8 were sellers (4 trimmed + 4 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for LABD holders?

Elite ownership — 50% AUM from top-100 funds: 5 of 21 holders are among the 100 largest funds by AUM, controlling 50% of total institutional value in LABD. 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 LABD?

57% of holders stayed for 2+ years: 12 out of 21 hedge funds have held LABD 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.

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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