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Direxion Daily S&P Biotech Bull 3X ETF
LABU

34 hedge funds and large institutions have $23.3M invested in Direxion Daily S&P Biotech Bull 3X ETF in 2025 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% more call options, than puts

Call options by funds: $46.3M | Put options by funds: $41.5M

2.27% less ownership

Funds ownership: 6.47% → 4.19% (-2.3%)

8% less funds holding

Funds holding: 37 → 34 (-3)

27% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 11

38% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 8

55% less capital invested

Capital invested by funds: $51.9M → $23.3M (-$28.6M)

Holders
34
Holders Change
-3
Holders Change %
-8.11%
% of All Funds
0.46%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
5
Increased
8
Reduced
11
Closed
8
Calls
$46.3M
Puts
$41.5M
Net Calls
+$4.79M
Net Calls Change
-$8.13M

Top Buyers

Rank Fund Capital Flow
1
Jane Street
Jane Street
New York
+$6.23M
2
Squarepoint
Squarepoint
New York
+$2.1M
3
UBS Group
UBS Group
Switzerland
+$947K
4
EFG
Ethos Financial Group
Pennsylvania
+$578K
5
XT
XTX Topco
Cayman Islands
+$437K

Top Sellers

Rank Fund Capital Flow
1
Citadel Advisors
Citadel Advisors
Florida
-$10.3M
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$5.19M
3
VF
Virtu Financial
New York
-$3.04M
4
QC
Quadrature Capital
United Kingdom
-$2.94M
5
Wolverine Trading
Wolverine Trading
Illinois
-$1.49M
Name Holding Trade Value Shares
Change 		Change in
Stake
AF
26
Allworth Financial
California
$12.7K – – –
HI
27
Hoey Investments
Pennsylvania
$11.6K – – –
EWA
28
EverSource Wealth Advisors
Alabama
$5.98K – – –
TFA
29
Toth Financial Advisory
Virginia
$3.05K -$170 -2 -4%
CPG
30
Cornerstone Planning Group
New Jersey
$1.86K – – –
HCM
31
Hollencrest Capital Management
California
$976 -$2.39K -28 -64%
FFC
32
First Financial Corp
Indiana
$915 – – –
US Bancorp
33
US Bancorp
Minnesota
$915 – – –
Osaic Holdings
34
Osaic Holdings
Arizona
$305 +$426 +5 New
Citadel Advisors
35
Citadel Advisors
Florida
– -$10.3M -120,500 Closed
Susquehanna International Group
36
Susquehanna International Group
Pennsylvania
– -$5.19M -60,858 Closed
VF
37
Virtu Financial
New York
– -$3.04M -33,807 Closed
QC
38
Quadrature Capital
United Kingdom
– -$2.94M -32,709 Closed
TCM
39
Traynor Capital Management
Pennsylvania
– -$773K -8,586 Closed
TSS
40
Two Sigma Securities
New York
– -$323K -3,593 Closed
Citigroup
41
Citigroup
New York
– -$71.5K -794 Closed
IA
42
IFP Advisors
Florida
– -$9K -100 Closed
1
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LABU Hedge Fund Activity: Q1 2025 in Review

34 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P Biotech Bull 3X ETF (LABU) for Q1 2025, worth a combined $23.3M — down 55% from $51.9M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of LABU and 5 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 8 added.

The largest buyer was Jane Street, opening a new position worth an estimated $6.23M. The largest seller was Citadel Advisors, exiting entirely with an estimated $10.3M sold.

  • 34 institutional investors held Direxion Daily S&P Biotech Bull 3X ETF (LABU) as of Q1 2025, down from 37 in Q4 2024.
  • Funds reported $23.3M of Direxion Daily S&P Biotech Bull 3X ETF stock for Q1 2025, down 55% quarter-over-quarter.
  • 5 funds opened new Direxion Daily S&P Biotech Bull 3X ETF positions in Q1 2025 and 8 closed out, a net change of -3 holders.
  • The largest Direxion Daily S&P Biotech Bull 3X ETF buyer in Q1 2025 was Jane Street, an estimated $6.23M added.
  • The largest Direxion Daily S&P Biotech Bull 3X ETF seller in Q1 2025 was Citadel Advisors, an estimated $10.3M sold.

Based on aggregated 13F filings for Q1 2025.