# DIREXION SHARES ETF TRUST (TZA)

> Institutional ownership reported to the SEC as of Q2 2026, from Form 13F filings. Source: https://holderbook.com/stocks/TZA/

- Reporting holders: 46
- Reported value: $48.2M
- Held through calls: 19.1%
- Held through puts: 34.2%

A 13F reports long US equity positions only. Shorts, bonds, foreign listings and cash are not visible here, and positions are disclosed up to 45 days after the quarter ends.

## Largest holders

| Manager | Value | Shares | Share of their book | Quarters held |
|---|---|---|---|---|
| [CITADEL ADVISORS LLC](https://holderbook.com/funds/1423053-citadel-advisors-llc/) | $15.9M | 0 | 0.0% | 22 |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](https://holderbook.com/funds/1446194-susquehanna-international-group-llp/) | $8.6M | 668,488 | 0.0% | 22 |
| [JANE STREET GROUP, LLC](https://holderbook.com/funds/1595888-jane-street-group-llc/) | $6.7M | 773,111 | 0.0% | 22 |
| [MORGAN STANLEY](https://holderbook.com/funds/895421-morgan-stanley/) | $3.3M | 874,903 | 0.0% | 22 |
| [Timothy G. Youngquist 2020 Irrevocable Trust](https://holderbook.com/funds/2109159-timothy-g-youngquist-2020-irrevocable-trust/) | $2.7M | 715,606 | 0.5% | 3 |
| [BRC Group Holdings, Inc.](https://holderbook.com/funds/1464790-brc-group-holdings-inc/) | $1.9M | 500,000 | 0.4% | 1 |
| [Squarepoint Ops LLC](https://holderbook.com/funds/1642575-squarepoint-ops-llc/) | $1.4M | 356,503 | 0.0% | 14 |
| [CHOREO, LLC](https://holderbook.com/funds/1679031-choreo-llc/) | $1.2M | 324,419 | 0.0% | 10 |
| [Headlands Technologies LLC](https://holderbook.com/funds/1570271-headlands-technologies-llc/) | $859.3K | 226,716 | 0.1% | 2 |
| [UBS Group AG](https://holderbook.com/funds/1610520-ubs-group-ag/) | $778.1K | 205,302 | 0.0% | 22 |
| [Bank of New York Mellon Corp](https://holderbook.com/funds/1390777-bank-of-new-york-mellon-corp/) | $758.0K | 200,002 | 0.0% | 2 |
| [Belvedere Trading LLC](https://holderbook.com/funds/1632341-belvedere-trading-llc/) | $569.1K | 150,167 | 0.0% | 1 |
| [RAFFLES ASSOCIATES LP](https://holderbook.com/funds/1169581-raffles-associates-lp/) | $568.5K | 150,000 | 0.2% | 1 |
| [Qube Research & Technologies Ltd](https://holderbook.com/funds/1729829-qube-research-technologies-ltd/) | $427.3K | 112,750 | 0.0% | 1 |
| [Integrated Wealth Concepts LLC](https://holderbook.com/funds/1737109-integrated-wealth-concepts-llc/) | $400.9K | 105,788 | 0.0% | 1 |
| [GROUP ONE TRADING LLC](https://holderbook.com/funds/932540-group-one-trading-llc/) | $288.4K | 76,103 | 0.0% | 7 |
| [StoneX Group Inc.](https://holderbook.com/funds/913760-stonex-group-inc/) | $201.0K | 53,000 | 0.0% | 2 |
| [BOURGEON CAPITAL MANAGEMENT LLC](https://holderbook.com/funds/1088731-bourgeon-capital-management-llc/) | $197.1K | 52,000 | 0.0% | 2 |
| [FLOW TRADERS U.S. LLC](https://holderbook.com/funds/1466697-flow-traders-u-s-llc/) | $195.0K | 51,382 | 0.0% | 3 |
| [SG Americas Securities, LLC](https://holderbook.com/funds/1313360-sg-americas-securities-llc/) | $190.0K | 50,000 | 0.0% | 1 |
| [Optiver Holding B.V.](https://holderbook.com/funds/1859606-optiver-holding-b-v/) | $110.6K | 29,169 | 0.0% | 1 |
| [XTX Topco Ltd](https://holderbook.com/funds/1828301-xtx-topco-ltd/) | $105.5K | 27,828 | 0.0% | 2 |
| [GOLDMAN SACHS GROUP INC](https://holderbook.com/funds/886982-goldman-sachs-group-inc/) | $100.3K | 26,474 | 0.0% | 2 |
| [J. Safra Sarasin Holding AG](https://holderbook.com/funds/1890222-j-safra-sarasin-holding-ag/) | $93.4K | 24,638 | 0.0% | 1 |
| [SBI Securities Co., Ltd.](https://holderbook.com/funds/1851815-sbi-securities-co-ltd/) | $92.9K | 24,522 | 0.0% | 7 |

## Quarter by quarter

| Quarter | Holders | Reported value |
|---|---|---|
| Q2 2026 | 46 | $48.2M |
| Q1 2026 | 39 | $70.9M |
| Q4 2025 | 36 | $56.4M |
| Q3 2025 | 43 | $62.6M |
| Q2 2025 | 42 | $88.4M |
| Q1 2025 | 39 | $120.6M |
| Q4 2024 | 35 | $102.1M |
| Q3 2024 | 41 | $118.3M |
| Q2 2024 | 38 | $81.7M |
| Q1 2024 | 42 | $180.6M |
| Q4 2023 | 38 | $98.3M |
| Q3 2023 | 44 | $130.3M |