Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

DIREXION SHARES ETF TRUST (LABU)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -9
Streak
1Q ▼
Buyers last Q
40%

Smart Money Signals — LABU

Based on 34 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their LABU positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🔻

Below peak — only 65% of 3.0Y high

65% of all-time peak
Only 34 funds hold LABU today versus a peak of 52 funds at 2023 Q2 — just 65% of the maximum. Low institutional ownership can mean the stock is out of favor, but it also means there's a large pool of potential buyers if sentiment turns.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding LABU is almost the same as a year ago (-1 funds, -3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 40% buying

19 buying29 selling
Last quarter: 29 funds reduced or exited vs 19 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 — ~6 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 11 → 12 → 10 → 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+) ■ 26% medium ■ 15% new
20 out of 34 hedge funds have held LABU 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.
📊

Peak discovery — momentum slowing

3 → 11 → 12 → 10 → 6 new funds/Q
New funds entering each quarter: 11 → 12 → 10 → 6. LABU is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Deep conviction — 72% of holders stayed 2+ years

■ 72% veterans ■ 13% 1-2yr ■ 15% new
Of 39 current holders: 28 (72%) 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 — 93% AUM from top-100 funds

93% from top-100 AUM funds
9 of 34 holders are among the 100 largest funds by AUM, controlling 93% of total institutional value in LABU. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.2
out of 10
Low Exit Risk
Exit risk score 2.2/10 — 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 — LABU

In 2026 Q1, 19 hedge funds were net buyers of LABU (6 opened a new position, 13 added to an existing one), while 29 reduced or exited (14 trimmed, 15 sold completely) — a 40% buyer ratio, indicating roughly balanced activity. 93% of total institutional value in LABU is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -9 funds (more exits than new entries). Total institutional holders: 34.

Hedge Fund Ownership: LABU

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

Market Analysis: LABU

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: LABU

-- --

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

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

Signal Freshness measures how much LABU 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 · 59d ago
LABU
+15.6%
SPY
+16.0%

LABU outperformed SPY by -0.4% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 14d ago
LABU
+11.0%
SPY
+2.1%

Since the filing became public, LABU outperformed SPY by +8.9% .

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.

5 top-rated funds 0 high-conviction
Consensus
3.4
/ 10
breadth
×
Elite
0.5
/ 10
conviction
Hedge Fund Positioning: LABU
34 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 34 43 -20.93%
13F Shares 2M 2M 11.65%
Total Value $397M $338M 17.31%
New Positions 6 10 -4
Increased Positions 11 6 +5
Closed Positions 15 8 +7
Reduced Positions 11 19 -8
Total Calls 3 4 -25.0%
Total Puts 4 6 -33.33%
PUT/CALL Ratio 1.33 1.5 Bearish

Statistics: LABU

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

34 + investors

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

QUARTER:
Top 25 institutional holders of LABU — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 PayPay Securities Corp 0.77% 113 $22K
2 Tower Research Capital LLC (TRC) 0.19% 42,919 $7.1M
3 Jump Financial, LLC 0.12% 55,659 $9.2M
4 McGuire Investment Group, LLC 0.12% 6,563 $1.1M
5 TWO SIGMA SECURITIES, LLC 0.10% 5,120 $850K
6 Covestor Ltd 0.08% 719 —
7 Ethos Financial Group, LLC 0.05% 3,915 $624K
8 XTX Topco Ltd 0.04% 14,342 $2.4M
9 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% 665,300 $110.5M
10 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% 556,200 $92.4M
11 HALBERT HARGROVE GLOBAL ADVISORS, LLC 0.01% 1,000 $166K
12 CITADEL ADVISORS LLC 0.01% 289,400 $48.1M
13 Spire Wealth Management 0.01% 1,109 $184K
14 SBI Securities Co., Ltd. 0.01% 1,211 $201K
15 CITADEL ADVISORS LLC 0.01% 186,800 $31.0M
16 JANE STREET GROUP, LLC 0.00% 192,600 $32.0M
17 JANE STREET GROUP, LLC 0.00% 157,500 $26.2M
18 HRT FINANCIAL LP 0.00% 7,180 $1.2M
19 Allworth Financial LP 0.00% 4,225 $702K
20 GOLDMAN SACHS GROUP INC 0.00% 100,976 $16.8M
21 Parallel Advisors, LLC 0.00% 500 $83K
22 Belvedere Trading LLC 0.00% 6,501 $1.1M
23 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% 67,050 $11.1M
24 FIRST FINANCIAL CORP /IN/ 0.00% 15 $2K
25 Cornerstone Planning Group LLC 0.00% 36 $7K
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 (LABU)

What does the Smart Money Trend signal show for LABU?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their LABU positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for LABU?

More sellers than buyers — 40% buying: Last quarter: 29 funds reduced or exited vs 19 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 LABU holders?

Elite ownership — 93% AUM from top-100 funds: 9 of 34 holders are among the 100 largest funds by AUM, controlling 93% of total institutional value in LABU. 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 LABU?

59% of holders stayed for 2+ years: 20 out of 34 hedge funds have held LABU 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 (LABU) following the 2026 Q1 hedge fund 13F filings?

As of today, LABU has moved +11.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.1% for the SPY sector ETF — an outperformance of +8.9%. Since the quarter end (March 31, 2026), LABU has gained +15.6% vs +16.0% 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.

Full history →