Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Direxion Shares ETF Trust (TMV)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +3
Streak
1Q ▲
Buyers last Q
55%

Smart Money Signals — TMV

Based on 25 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 TMV 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.
📊

High ownership — 78% of 3.0Y peak

78% of all-time peak
25 funds currently hold this stock — 78% of the 3.0-year high of 32 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 14% fewer funds vs a year ago

fund count last 6Q
4 fewer hedge funds hold TMV compared to a year ago (-14% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 55% buying

17 buying14 selling
Last quarter: 17 funds bought or added vs 14 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 — ~7 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 4 → 8 → 5 → 7. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

48% of holders stayed for 2+ years

■ 48% conviction (2yr+) ■ 32% medium ■ 20% new
12 out of 25 hedge funds have held TMV 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.
➡️

Steady discovery — ~7 new funds/quarter

5 → 4 → 8 → 5 → 7 new funds/Q
New funds entering each quarter: 4 → 8 → 5 → 7. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 59% veterans vs 22% newcomers

■ 59% veterans ■ 19% 1-2yr ■ 22% new
Entry-cohort mix of 32 holders: 19 (59%) are 2+ year veterans, 6 entered 1–2 years ago, and 7 (22%) 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
6 of 24 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.
2.4
out of 10
Low Exit Risk
Exit risk score 2.4/10 — 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 — TMV

In 2026 Q2, 17 hedge funds were net buyers of TMV (7 opened a new position, 10 added to an existing one), while 14 reduced or exited (10 trimmed, 4 sold completely) — a 55% buyer ratio, indicating a slight buying edge. Net fund flow last quarter: +3 funds (more new holders than closures). Total institutional holders: 25.

Hedge Fund Ownership: TMV

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

Market Analysis: TMV

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TMV

-- --

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
0.3
/ 10
conviction
Hedge Fund Positioning: TMV
24 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 24 22 9.09%
13F Shares 2M 2M 6.32%
Total Value $78M $74M 4.86%
New Positions 7 5 +2
Increased Positions 8 5 +3
Closed Positions 4 11 -7
Reduced Positions 7 9 -2
Total Calls 4 5 -20.0%
Total Puts 4 3 33.33%
PUT/CALL Ratio 1.0 0.6 Neutral

Statistics: TMV

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Valuation Measures Data as of: --

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

Financial Highlights

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Institutional Holders (2026 Q2)

24 + investors

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

QUARTER:
Top 25 TMV holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Cim, LLC 0.71% 148,227 $5.5M
2 Sjbenen Advisory, LLC 0.67% 32,000 $1.2M
3 PayPay Securities Corp 0.28% 310 $11K
4 SBI Securities Co., Ltd. 0.22% 261,177 $9.7M
5 MADDEN SECURITIES Corp 0.13% 13,000 $482K
6 Jump Financial, LLC 0.02% 42,259 $1.5M
7 Hollencrest Capital Management 0.02% 8,000 $296K
8 XTX Topco Ltd 0.02% 31,585 $1.2M
9 Tudor Investment Corp Et Al 0.00% 45,000 $1.7M
10 Atlantic Union Bankshares Corp 0.00% 3,104 $115K
11 Citadel Advisors LLC 0.00% 307,700 $11.4M
12 Susquehanna International Group, LLP 0.00% 427,200 $15.8M
13 Belvedere Trading LLC 0.00% 24,410 $905K
14 Citadel Advisors LLC 0.00% 221,700 $8.2M
15 Tudor Investment Corp Et Al 0.00% 11,102 $411K
16 Jane Street Group, LLC 0.00% 174,800 $6.5M
17 Susquehanna International Group, LLP 0.00% 141,645 $5.2M
18 Group One Trading LLC 0.00% 7,294 $270K
19 Susquehanna International Group, LLP 0.00% 112,300 $4.2M
20 Jane Street Group, LLC 0.00% 40,514 $1.5M
21 Optiver Holding B.V. 0.00% 7,246 $269K
22 Royal Bank of Canada 0.00% 11,888 $441K
23 Citadel Advisors LLC 0.00% 15,220 $564K
24 Jane Street Group, LLC 0.00% 9,300 $345K
25 Simplex Trading, LLC 0.00% 99 $4K
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 (TMV)

What does the Smart Money Trend signal show for TMV?

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

Slight buying edge — 55% buying: Last quarter: 17 funds bought or added vs 14 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 TMV holders?

Smaller funds dominant — 4% AUM from top-100: 6 of 24 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 TMV?

48% of holders stayed for 2+ years: 12 out of 25 hedge funds have held TMV 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.

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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