Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Direxion Shares ETF Trust (SPUU)

28 + Investors. Track Smart Money conviction in SPUU. 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
43%

Smart Money Signals — SPUU

Based on 28 hedge funds · latest filing: 2026 Q2 · 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.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
28 hedge funds hold SPUU 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 — +12% more funds vs a year ago

fund count last 6Q
+3 new funds entered over the past year (+12% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 43% buying

12 buying16 selling
Last quarter: 16 funds reduced or exited vs 12 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~7 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 5 → 4 → 6 → 7. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌

Mixed — 36% long-term, 29% new

■ 36% conviction (2yr+) ■ 36% medium ■ 29% new
Of the 28 current holders: 10 (36%) held >2 years, 10 held 1–2 years, and 8 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.
💰

Value +56% but shares only +22% — price-driven

Value
+56%
Shares
+22%
Last quarter: the total dollar value of institutional holdings rose +56%, but actual share count only changed +22%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
➡️

Steady discovery — ~7 new funds/quarter

7 → 5 → 4 → 6 → 7 new funds/Q
New funds entering each quarter: 5 → 4 → 6 → 7. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 43% veterans vs 40% newcomers

■ 43% veterans ■ 17% 1-2yr ■ 40% new
Entry-cohort mix of 30 holders: 13 (43%) are 2+ year veterans, 5 entered 1–2 years ago, and 12 (40%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 4% AUM from top-100

4% from top-100 AUM funds
4 of 28 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.3
out of 10
Moderate Exit Risk
Exit risk score 4.3/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

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 — SPUU

In 2026 Q2, 12 hedge funds were net buyers of SPUU (7 opened a new position, 5 added to an existing one), while 16 reduced or exited (9 trimmed, 7 sold completely) — a 43% buyer ratio, indicating roughly balanced activity. Net fund flow last quarter: flat (entries and exits balanced). Total institutional holders: 28.

Hedge Fund Ownership: SPUU

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

Market Analysis: SPUU

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: SPUU

-- --

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

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

Signal Freshness measures how much SPUU has moved relative to its sector benchmark (SPY) since the 2026 Q2 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 June 30, 2026 · 85d ago
SPUU
+6.2%
SPY
+3.3%

SPUU outperformed SPY by +2.9% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 40d ago
SPUU
-0.7%
SPY
-0.7%

Since the filing became public, SPUU outperformed SPY by +0.0% .

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.

0 top-rated funds 0 high-conviction
Consensus
0.0
/ 10
breadth
×
Elite
1.1
/ 10
conviction
Hedge Fund Positioning: SPUU
28 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 28 28 -
13F Shares 253K 207K 22.22%
Total Value $54M $34M 56.48%
New Positions 7 6 +1
Increased Positions 5 10 -5
Closed Positions 7 4 +3
Reduced Positions 8 6 +2
Total Calls 1 1 -
Total Puts 1 1 -
PUT/CALL Ratio 1.0 1.0 Neutral

Statistics: SPUU

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Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

28 + investors

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

QUARTER:
Top 25 SPUU holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Miller Value Partners, LLC 5.81% 114,078 $24.6M
2 Dedeker Financial LLC 1.77% 14,431 $3.1M
3 Advisors Preferred, LLC 1.20% 36,152 $7.7M
4 Portus Wealth Advisors, LLC 0.58% 3,260 $703K
5 Client First Investment Management LLC 0.53% 5,849 $1.3M
6 Chung Wu Investment Group, LLC 0.48% 3,400 $733K
7 Insight Wealth Partners, LLC 0.14% 4,676 $1.0M
8 Inscription Capital, LLC 0.07% 3,911 $843K
9 Fortress Private Ledger, LLC 0.06% 1,095 $236K
10 Bison Wealth, LLC 0.03% 1,452 $316K
11 Larson Financial Group LLC 0.01% 1,014 $219K
12 Tower Research Capital LLC (TRC) 0.01% 966 $208K
13 US Bancorp \de\ 0.00% 21,015 $4.5M
14 Hrt Financial LP 0.00% 5,716 $1.2M
15 SBI Securities Co., Ltd. 0.00% 451 $97K
16 Arax Advisory Partners 0.00% 1,161 $250K
17 St Germain D J Co Inc 0.00% 180 $39K
18 Marex Group Ltd 0.00% 1,144 $247K
19 Simplex Trading, LLC 0.00% 1,937 $418K
20 Susquehanna International Group, LLP 0.00% 13,234 $2.9M
21 Citadel Advisors LLC 0.00% 7,788 $1.7M
22 Citadel Advisors LLC 0.00% 4,900 $1.1M
23 Huntington National Bank 0.00% 109 $24K
24 Allworth Financial LP 0.00% 96 $21K
25 Atlantic Union Bankshares Corp 0.00% 22 $5K
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 (SPUU)

What does the Smart Money Trend signal show for SPUU?

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 SPUU?

More sellers than buyers — 43% buying: Last quarter: 16 funds reduced or exited vs 12 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for SPUU holders?

Smaller funds dominant — 4% AUM from top-100: 4 of 28 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held SPUU?

Mixed — 36% long-term, 29% new: Of the 28 current holders: 10 (36%) held >2 years, 10 held 1–2 years, and 8 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 (SPUU) following the 2026 Q2 hedge fund 13F filings?

As of today, SPUU has moved -0.7% since the 2026 Q2 13F filing date (August 14, 2026), compared to -0.7% for the SPY sector ETF — an outperformance of +0.0%. Since the quarter end (June 30, 2026), SPUU has gained +6.2% vs +3.3% 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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