Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Direxion Shares ETF Trust (AVL)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +6
Streak
1Q ▲
Buyers last Q
67%

Smart Money Signals — AVL

Based on 18 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 AVL 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
18 hedge funds hold AVL 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.
🚀

Fast accumulation — +38% more funds vs a year ago

fund count last 6Q
+5 new funds entered over the past year (+38% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 67% buying

16 buying8 selling
Last quarter: 16 funds were net buyers (9 opened a brand new position + 7 added to an existing one). Only 8 were sellers (5 trimmed + 3 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+6 vs last Q)

new funds entering per quarter
Funds opening a new AVL position: 1 → 10 → 3 → 9. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔄

Mostly new holders — 61% entered in last year

■ 22% conviction (2yr+) ■ 17% medium ■ 61% new
Only 4 funds (22%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💰

Value +56% but shares only +16% — price-driven

Value
+55%
Shares
+15%
Last quarter: the total dollar value of institutional holdings rose +56%, but actual share count only changed +16%. 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 — ~9 new funds/quarter

9 → 1 → 10 → 3 → 9 new funds/Q
New funds entering each quarter: 1 → 10 → 3 → 9. Consistent flow of new institutional buyers without clear acceleration or slowdown.
📊

Mixed cohorts — 0% veterans, 50% new entrants

■ 0% veterans ■ 50% 1-2yr ■ 50% new
Of 26 current holders: 0 (0%) held 2+ years, 13 held 1–2 years, 13 (50%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
🏆

Elite ownership — 46% AUM from top-100 funds

46% from top-100 AUM funds
4 of 18 holders are among the 100 largest funds by AUM, controlling 46% of total institutional value in AVL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.8
out of 10
Moderate Exit Risk
Exit risk score 4.8/10 — 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 — AVL

In 2026 Q2, 16 hedge funds were net buyers of AVL (9 opened a new position, 7 added to an existing one), while 8 reduced or exited (5 trimmed, 3 sold completely) — a 67% buyer ratio, indicating clear institutional accumulation. 46% of total institutional value in AVL is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +6 funds (more new holders than closures). Total institutional holders: 18.

Hedge Fund Ownership: AVL

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

Market Analysis: AVL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: AVL

-- --

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
0.1
/ 10
conviction
Hedge Fund Positioning: AVL
18 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 18 12 50.0%
13F Shares 592K 511K 15.76%
Total Value $26M $17M 55.73%
New Positions 9 3 +6
Increased Positions 5 2 +3
Closed Positions 3 9 -6
Reduced Positions 3 7 -4
Total Calls 4 4 -
Total Puts 4 4 -
PUT/CALL Ratio 1.0 1.0 Neutral

Statistics: AVL

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

18 + investors

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

QUARTER:
Top 25 AVL holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 T3 Companies, LLC 0.47% 10,000 $442K
2 StoneX Group Inc. 0.01% 5,162 $243K
3 SBI Securities Co., Ltd. 0.01% 5,200 $230K
4 Financial Life Planners 0.00% 147 $6K
5 Hrt Financial LP 0.00% 15,238 $673K
6 Belvedere Trading LLC 0.00% 17,800 $787K
7 Belvedere Trading LLC 0.00% 16,392 $725K
8 Parallel Advisors, LLC 0.00% 1,050 $46K
9 Susquehanna International Group, LLP 0.00% 125,000 $5.5M
10 Citadel Advisors LLC 0.00% 79,600 $3.5M
11 Susquehanna International Group, LLP 0.00% 103,700 $4.6M
12 Citadel Advisors LLC 0.00% 60,900 $2.7M
13 Citadel Advisors LLC 0.00% 33,200 $1.5M
14 Jane Street Group, LLC 0.00% 34,300 $1.5M
15 Optiver Holding B.V. 0.00% 10,316 $456K
16 Goldman Sachs Group Inc 0.00% 31,676 $1.4M
17 Group One Trading LLC 0.00% 1,335 $59K
18 Simplex Trading, LLC 0.00% 2,793 $123K
19 Jane Street Group, LLC 0.00% 19,000 $840K
20 Belvedere Trading LLC 0.00% 1,000 $44K
21 Jane Street Group, LLC 0.00% 10,873 $481K
22 Hollencrest Capital Management 0.00% 12 —
23 Tower Research Capital LLC (TRC) 0.00% 20 —
24 Mercer Global Advisors Inc /Adv 0.00% 330 $15K
25 Susquehanna International Group, LLP 0.00% 5,156 $228K
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 (AVL)

What does the Smart Money Trend signal show for AVL?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added AVL 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 AVL?

More buyers than sellers — 67% buying: Last quarter: 16 funds were net buyers (9 opened a brand new position + 7 added to an existing one). Only 8 were sellers (5 trimmed + 3 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for AVL holders?

Elite ownership — 46% AUM from top-100 funds: 4 of 18 holders are among the 100 largest funds by AUM, controlling 46% of total institutional value in AVL. 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 AVL?

Mostly new holders — 61% entered in last year: Only 4 funds (22%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

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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