Direxion Daily S&P Biotech Bull 3X Shares (LABU)

• Market cap: $695M
• 1 day: -4.86%
• 5 days: -3.52%
• 1 month: 23.81%
• 3 months: 30.03%
• 6 months: 2.09%
• Year to date: -16.44%
• 1 year: -39.75%
• 5 years: -92.78%
• 10 years: -97.04%

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

76% more call options, than puts

Call options by funds: $68.8M | Put options by funds: $39.2M

67% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 6

60% more capital invested

Capital invested by funds: $23.3M [Q1] → $37.4M (+$14.1M) [Q2]

2.21% more ownership

Funds ownership: 4.19% [Q1] → 6.4% (+2.21%) [Q2]

9% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 11

3% less funds holding

Funds holding: 34 [Q1] → 33 (-1) [Q2]