Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

DIREXION SHARES ETF TRUST (TMV)

22 + 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
↓ -6
Streak
1Q ▼
Buyers last Q
36%

Smart Money Signals — TMV

Based on 22 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 TMV 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 69% of 3.0Y high

69% of all-time peak
Only 22 funds hold TMV today versus a peak of 32 funds at 2024 Q4 — just 69% 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.
📉

Outflows — 21% fewer funds vs a year ago

fund count last 6Q
6 fewer hedge funds hold TMV compared to a year ago (-21% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🔴

Heavy selling pressure — only 36% buying

12 buying21 selling
Last quarter: 21 funds sold vs only 12 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️

Steady new buyers — ~5 new funds per quarter

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

68% of holders stayed for 2+ years

■ 68% conviction (2yr+) ■ 32% medium ■ 0% new
15 out of 22 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 — ~5 new funds/quarter

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

Deep conviction — 70% of holders stayed 2+ years

■ 70% veterans ■ 13% 1-2yr ■ 17% new
Of 30 current holders: 21 (70%) 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 — 68% AUM from top-100 funds

68% from top-100 AUM funds
7 of 22 holders are among the 100 largest funds by AUM, controlling 68% of total institutional value in TMV. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.1
out of 10
Low Exit Risk
Exit risk score 2.1/10 — 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 Q1, 12 hedge funds were net buyers of TMV (5 opened a new position, 7 added to an existing one), while 21 reduced or exited (10 trimmed, 11 sold completely) — a 36% buyer ratio, indicating net institutional distribution. 68% of total institutional value in TMV is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -6 funds (more exits than new entries). Total institutional holders: 22.

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.

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

Signal Freshness measures how much TMV 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 · 54d ago
TMV
+6.8%
SPY
+14.7%

TMV outperformed SPY by -7.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 9d ago
TMV
-3.3%
SPY
+0.9%

Since the filing became public, TMV outperformed SPY by -4.2% .

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

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 22 28 -21.43%
13F Shares 2M 3M -32.42%
Total Value $74M $109M -32.07%
New Positions 5 8 -3
Increased Positions 5 8 -3
Closed Positions 11 7 +4
Reduced Positions 9 7 +2
Total Calls 5 5 -
Total Puts 3 3 -
PUT/CALL Ratio 0.6 0.6 Bullish

Statistics: TMV

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Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

22 + 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 institutional holders of TMV — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 CIM, LLC 0.80% 148,479 $5.5M
2 PayPay Securities Corp 0.39% 302 $11K
3 SBI Securities Co., Ltd. 0.27% 267,291 $10.0M
4 MADDEN SECURITIES Corp 0.15% 13,000 $486K
5 HOLLENCREST CAPITAL MANAGEMENT 0.03% 20,000 $747K
6 TWO SIGMA SECURITIES, LLC 0.03% 5,931 $222K
7 Jump Financial, LLC 0.01% 29,904 $1.1M
8 HOLLENCREST CAPITAL MANAGEMENT 0.01% 7,810 $292K
9 GTS SECURITIES LLC 0.01% 8,078 $302K
10 JTC Employer Solutions Trustee Ltd 0.00% 1,548 —
11 TUDOR INVESTMENT CORP ET AL 0.00% 52,400 $2.0M
12 RENAISSANCE TECHNOLOGIES LLC 0.00% 53,100 $2.0M
13 Atlantic Union Bankshares Corp 0.00% 3,084 $115K
14 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% 490,800 $18.3M
15 CITADEL ADVISORS LLC 0.00% 289,500 $10.8M
16 GROUP ONE TRADING LLC 0.00% 13,170 $492K
17 CITADEL ADVISORS LLC 0.00% 127,100 $4.7M
18 JANE STREET GROUP, LLC 0.00% 124,800 $4.7M
19 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% 110,600 $4.1M
20 TUDOR INVESTMENT CORP ET AL 0.00% 5,929 $222K
21 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% 76,107 $2.8M
22 JANE STREET GROUP, LLC 0.00% 61,653 $2.3M
23 CITADEL ADVISORS LLC 0.00% 41,746 $1.6M
24 JANE STREET GROUP, LLC 0.00% 20,100 $751K
25 Optiver Holding B.V. 0.00% 5,842 $218K
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?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their TMV 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 TMV?

Heavy selling pressure — only 36% buying: Last quarter: 21 funds sold vs only 12 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for TMV holders?

Elite ownership — 68% AUM from top-100 funds: 7 of 22 holders are among the 100 largest funds by AUM, controlling 68% of total institutional value in TMV. 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 TMV?

68% of holders stayed for 2+ years: 15 out of 22 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.

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

As of today, TMV has moved -3.3% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.9% for the SPY sector ETF — an outperformance of -4.2%. Since the quarter end (March 31, 2026), TMV has gained +6.8% vs +14.7% 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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