Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

DIREXION SHARES ETF TRUST (LABD)

17 + 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
→ 0
Streak
1Q —
Buyers last Q
50%

Smart Money Signals — LABD

Based on 17 hedge funds · latest filing: 2026 Q1 · 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.
📊

High ownership — 81% of 3.0Y peak

81% of all-time peak
17 funds currently hold this stock — 81% of the 3.0-year high of 21 funds (reached 2024 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +6% more funds vs a year ago

fund count last 6Q
+1 new funds entered over the past year (+6% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 50% buying

13 buying13 selling
Last quarter: 13 funds bought or added vs 13 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 — ~6 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 5 → 8 → 6 → 6. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

59% of holders stayed for 2+ years

■ 59% conviction (2yr+) ■ 18% medium ■ 24% new
10 out of 17 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 -3%, value -25%

Value
-24%
Shares
-3%
Last quarter: funds added -3% more shares while total portfolio value only changed -25%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~6 new funds/quarter

4 → 5 → 8 → 6 → 6 new funds/Q
New funds entering each quarter: 5 → 8 → 6 → 6. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 78% of holders stayed 2+ years

■ 78% veterans ■ 4% 1-2yr ■ 17% new
Of 23 current holders: 18 (78%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 82% AUM from top-100 funds

82% from top-100 AUM funds
7 of 17 holders are among the 100 largest funds by AUM, controlling 82% 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.
2.6
out of 10
Low Exit Risk
Exit risk score 2.6/10 — 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 Q1, 13 hedge funds were net buyers of LABD (6 opened a new position, 7 added to an existing one), while 13 reduced or exited (7 trimmed, 6 sold completely) — a 50% buyer ratio, indicating a slight buying edge. 82% of total institutional value in LABD is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: flat (entries and exits balanced). Total institutional holders: 17.

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

-- --

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

Is It Too Late to Buy DIREXION SHARES ETF TRUST (LABD) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much LABD 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 · 66d ago
LABD
-8.3%
SPY
+15.7%

LABD outperformed SPY by -24.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 21d ago
LABD
+0.9%
SPY
+1.8%

Since the filing became public, LABD outperformed SPY by -0.9% .

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.

2 top-rated funds 0 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
0.7
/ 10
conviction
Hedge Fund Positioning: LABD
17 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 17 17 -
13F Shares 2M 2M -3.01%
Total Value $36M $48M -24.93%
New Positions 6 6 -
Increased Positions 6 8 -2
Closed Positions 6 10 -4
Reduced Positions 5 3 +2
Total Calls 3 3 -
Total Puts 3 3 -
PUT/CALL Ratio 1.0 1.0 Neutral

Statistics: LABD

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Price/Book (mrq) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Profit Margin --
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Institutional Holders (2026 Q1)

17 + 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 23 institutional holders of LABD — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Capstone Capital Management Ltd 1.65% 100,324 $1.6M
2 PayPay Securities Corp 0.54% 1,154 $16K
3 Ikarian Capital, LLC 0.14% 105,822 $1.7M
4 GTS SECURITIES LLC 0.02% 42,361 $690K
5 CANTOR FITZGERALD, L. P. 0.01% 51,000 $831K
6 Tower Research Capital LLC (TRC) 0.00% 6,908 $113K
7 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% 909,200 $14.8M
8 Squarepoint Ops LLC 0.00% 65,713 $1.1M
9 SBI Securities Co., Ltd. 0.00% 1,038 $17K
10 JANE STREET GROUP, LLC 0.00% 203,500 $3.3M
11 BNP PARIBAS FINANCIAL MARKETS 0.00% 50,064 $816K
12 CITADEL ADVISORS LLC 0.00% 144,560 $2.4M
13 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% 159,300 $2.6M
14 CITADEL ADVISORS LLC 0.00% 91,781 $1.5M
15 SIMPLEX TRADING, LLC 0.00% 17,221 $281K
16 CITADEL ADVISORS LLC 0.00% 59,190 $965K
17 JANE STREET GROUP, LLC 0.00% 61,389 $1.0M
18 GOLDMAN SACHS GROUP INC 0.00% 59,208 $965K
19 Qube Research & Technologies Ltd 0.00% 5,719 $93K
20 JANE STREET GROUP, LLC 0.00% 38,420 $626K
21 IMC-Chicago, LLC 0.00% 12,486 $204K
22 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% 22,711 $370K
23 MORGAN STANLEY 0.00% 600 $10K
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?

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 LABD?

Slight buying edge — 50% buying: Last quarter: 13 funds bought or added vs 13 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 LABD holders?

Elite ownership — 82% AUM from top-100 funds: 7 of 17 holders are among the 100 largest funds by AUM, controlling 82% 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?

59% of holders stayed for 2+ years: 10 out of 17 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.

Is it too late to buy DIREXION SHARES ETF TRUST (LABD) following the 2026 Q1 hedge fund 13F filings?

As of today, LABD has moved +0.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.8% for the SPY sector ETF — an outperformance of -0.9%. Since the quarter end (March 31, 2026), LABD has gained -8.3% vs +15.7% 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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