DIREXION SHS ETF TR

Ticker: DUSL CUSIP: 25460E737 Class: DLY INDL BU 3X

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

Increased Positions (5)

SUSQUEHANNA INTERNATIONAL GROUP, LLP

Value ($000) $1,079 (+390.1%) Shares 15,983 (+449.6%)

ROVIN CAPITAL /UT/ /ADV

Value ($000) $0 (+14.2%) Shares 5,477 (+14.9%)

CITADEL ADVISORS LLC

Value ($000) $703 (-9.4%) Shares 10,409 (+1.7%)

Value ($000) $18 (+55.6%) Shares 267 (+74.5%)

Value ($000) $0 (+7.7%) Shares 206 (+19.8%)

Institution	Prev Shares	Curr Shares	Change
SUSQUEHANNA INTERNATIONAL GROUP, LLP	2,908	15,983	+13,075 (+449.6%)
ROVIN CAPITAL /UT/ /ADV	4,768	5,477	+709 (+14.9%)
CITADEL ADVISORS LLC	10,240	10,409	+169 (+1.7%)
UBS Group AG	153	267	+114 (+74.5%)
CWM, LLC	172	206	+34 (+19.8%)

Decreased Positions (3)

GTS SECURITIES LLC

Value ($000) $2,424 (-11.8%) Shares 35,903 (-1.1%)

TOTH FINANCIAL ADVISORY CORP

Value ($000) $309 (-14.3%) Shares 4,570 (-3.9%)

Tower Research Capital LLC (TRC)

Value ($000) $234 (-13.6%) Shares 3,471 (-3.1%)

Institution	Prev Shares	Curr Shares	Change
GTS SECURITIES LLC	36,306	35,903	-403 (-1.1%)
TOTH FINANCIAL ADVISORY CORP	4,755	4,570	-185 (-3.9%)
Tower Research Capital LLC (TRC)	3,581	3,471	-110 (-3.1%)

Exited Positions (3)

Belvedere Trading LLC

Value ($000) $255 Shares 3,373

Value ($000) $0 Shares 1

SIMPLEX TRADING, LLC

Value ($000) $0 Shares 21

Institution	Prev Shares	Prev Value ($000)
Belvedere Trading LLC	3,373	$255
MORGAN STANLEY	1	$0
SIMPLEX TRADING, LLC	21	$0