Who owns Direxion Daily Small Cap Bull 3X Shares (TNA)
Which tracked institutional funds hold TNA, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See TNA company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-17). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
24 tracked funds added or opened TNA while 13 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
TNA’s largest tracked holder by dollar value, NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.0pp gap the other way — the median holder sizes TNA more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in TNA divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 94 tracked filers holding TNA, 53 increased or opened the position and 46 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in TNA between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 10
- Chicago Partners Investment Group LLC$10M
- Gainplan LLC$6M
- Encompass More Asset Management$3M
- SIMPLEX TRADING, LLC$2M
- TWO SIGMA SECURITIES, LLC$1M
- Vise Technologies, Inc.$1M
Full exits 7
- FLOW TRADERS U.S. LLC$5M
- Baker Avenue Asset Management, LP$3M
- Quadrature Capital Ltd$1M
- Jump Financial, LLC$983K
- Orion Porfolio Solutions, LLC$738K
- XTX Topco Ltd$569K
Largest adds
- ROYAL BANK OF CANADA$10M
- Timothy G. Youngquist 2020 Irrevocable Trust$8M
- Momentum Wealth Planning, LLC$4M
- GOLDMAN SACHS GROUP INC$3M
- Physician Wealth Advisors, Inc.$1M
- Viewpoint Capital Management LLC$861K
Largest trims
- UBS Group AG$17M
- GTS SECURITIES LLC$4M
- ICON ADVISERS INC/CO$3M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$2M
- JANE STREET GROUP, LLC$1M
- Parkshore Wealth Management, Inc.$562K
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| ROYAL BANK OF CANADA added | 246,845 | $19M | 6.8% | 2026-Q2 |
| Timothy G. Youngquist 2020 Irrevocable Trust added | 163,850 | $12M | 4.5% | 2026-Q2 |
| Chicago Partners Investment Group LLC new | 152,000 | $10M | 3.8% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 101,725 | $8M | 2.8% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 96,674 | $7M | 2.7% | 2026-Q2 |
| Momentum Wealth Planning, LLC added | 86,418 | $6M | 2.4% | 2026-Q2 |
| Gainplan LLC new | 77,000 | $6M | 2.1% | 2026-Q2 |
| Physician Wealth Advisors, Inc. | 42,581 | $3M | 1.2% | 2026-Q2 |
| Encompass More Asset Management trimmed | 40,316 | $3M | 1.1% | 2026-Q2 |
| SIMPLEX TRADING, LLC trimmed | 32,406 | $2M | 0.9% | 2026-Q2 |
| GTS SECURITIES LLC trimmed | 30,198 | $2M | 0.8% | 2026-Q2 |
| Viewpoint Capital Management LLC | 27,800 | $2M | 0.8% | 2026-Q2 |
| IMC-Chicago, LLC trimmed | 27,578 | $2M | 0.8% | 2026-Q2 |
| Tower Research Capital LLC (TRC) trimmed | 21,067 | $2M | 0.6% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 20,217 | $2M | 0.6% | 2026-Q2 |
| TWO SIGMA SECURITIES, LLC trimmed | 18,596 | $1M | 0.5% | 2026-Q2 |
| Blue Sky Capital Consultants Group, Inc. trimmed | 17,836 | $1M | 0.5% | 2026-Q2 |
| UBS Group AG trimmed | 15,046 | $1M | 0.4% | 2026-Q2 |
| Vise Technologies, Inc. new | 14,874 | $1M | 0.4% | 2026-Q2 |
| Mariner, LLC added | 14,122 | $1M | 0.4% | 2026-Q2 |
| Discipline Wealth Solutions, LLC trimmed | 14,058 | $1M | 0.4% | 2026-Q2 |
| Retirement Planning Co of New England, Inc. trimmed | 13,896 | $1M | 0.4% | 2026-Q2 |
| FOUNDERS FINANCIAL SECURITIES LLC trimmed | 13,617 | $1M | 0.4% | 2026-Q2 |
| OLD MISSION CAPITAL LLC | 13,326 | $1M | 0.4% | 2026-Q2 |
| Westwood Wealth Management trimmed | 13,240 | $994K | 0.4% | 2026-Q2 |
| Ellis Investment Partners, LLC trimmed | 11,758 | $883K | 0.3% | 2026-Q2 |
| Significant Wealth Partners LLC added | 11,461 | $861K | 0.3% | 2026-Q2 |
| CPR Investments Inc. trimmed | 10,564 | $793K | 0.3% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 9,303 | $689K | 0.3% | 2026-Q2 |
| ICON ADVISERS INC/CO trimmed | 8,800 | $661K | 0.2% | 2026-Q2 |
| NATIXIS | 8,735 | $651K | 0.2% | 2026-Q2 |
| CITADEL ADVISORS LLC | 7,776 | $584K | 0.2% | 2026-Q2 |
| Belvedere Trading LLC trimmed | 7,557 | $568K | 0.2% | 2026-Q2 |
| DRW Securities, LLC trimmed | 7,450 | $560K | 0.2% | 2026-Q2 |
| Parkshore Wealth Management, Inc. trimmed | 6,857 | $515K | 0.2% | 2026-Q2 |
| Summit Financial, LLC added | 6,489 | $487K | 0.2% | 2026-Q2 |
| Empowered Funds, LLC new | 5,596 | $420K | 0.2% | 2026-Q2 |
| Massar Capital Management, LP new | 5,138 | $386K | 0.1% | 2026-Q2 |
| Integras Partners LLC added | 4,958 | $372K | 0.1% | 2026-Q2 |
| Headlands Technologies LLC new | 4,810 | $361K | 0.1% | 2026-Q2 |
| Private Capital Management, LLC | 4,700 | $353K | 0.1% | 2026-Q2 |
| Ashton Thomas Private Wealth, LLC trimmed | 4,652 | $349K | 0.1% | 2026-Q2 |
| McGuire Investment Group, LLC trimmed | 4,525 | $340K | 0.1% | 2026-Q2 |
| Verdence Capital Advisors LLC trimmed | 4,326 | $325K | 0.1% | 2026-Q2 |
| WASHINGTON GROWTH STRATEGIES LLC added | 4,157 | $312K | 0.1% | 2026-Q2 |
| Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors new | 4,142 | $311K | 0.1% | 2026-Q2 |
| Sanctuary Advisors, LLC new | 4,017 | $302K | 0.1% | 2026-Q2 |
| SBI Securities Co., Ltd. trimmed | 3,989 | $300K | 0.1% | 2026-Q2 |
| Focus Partners Wealth new | 3,965 | $298K | 0.1% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 869,747 | $44M | 16.3% | 2025-Q4 stale |
| Sollinda Capital Management LLC new | 436,625 | $20M | 7.3% | 2025-Q3 stale |
| PEREGRINE INVESTMENT MANAGEMENT INC added | 300,000 | $10M | 3.7% | 2025-Q2 stale |
| ELEVATUS WELATH MANAGEMENT trimmed | 198,275 | $9M | 3.3% | 2025-Q3 stale |
| Tidal Investments LLC trimmed | 154,248 | $7M | 2.6% | 2025-Q4 stale |
| Squarepoint Ops LLC trimmed | 200,466 | $7M | 2.5% | 2025-Q2 stale |
| Ridgepath Capital Management LLC | 128,722 | $6M | 2.1% | 2025-Q4 stale |
| AXXCESS WEALTH MANAGEMENT, LLC new | 128,722 | $6M | 2.1% | 2025-Q3 stale |
| FLOW TRADERS U.S. LLC added | 114,912 | $5M | 1.9% | 2026-Q1 stale |
| TB Alternative Assets Ltd. added | 129,106 | $4M | 1.4% | 2025-Q1 stale |
| Marex Group plc added | 113,749 | $3M | 1.2% | 2025-Q1 stale |
| Baker Avenue Asset Management, LP added | 67,500 | $3M | 1.1% | 2026-Q1 stale |
| GROUP ONE TRADING LLC added | 61,556 | $3M | 1.0% | 2025-Q4 stale |
| Traynor Capital Management, Inc. added | 94,562 | $3M | 1.0% | 2025-Q1 stale |
| Virtu Financial LLC trimmed | 51,518 | $2M | 0.9% | 2025-Q3 stale |
| TOWNSQUARE CAPITAL LLC added | 73,267 | $2M | 0.8% | 2025-Q1 stale |
| HRT FINANCIAL LP added | 37,655 | $2M | 0.6% | 2025-Q4 stale |
| Watts Gwilliam & Co., LLC added | 33,636 | $2M | 0.6% | 2025-Q3 stale |
| Hodges Capital Management Inc. added | 49,000 | $1M | 0.5% | 2025-Q1 stale |
| FNY Investment Advisers, LLC added | 30,000 | $1M | 0.5% | 2025-Q3 stale |
| TrueMark Investments, LLC trimmed | 28,097 | $1M | 0.5% | 2025-Q3 stale |
| COMMONWEALTH EQUITY SERVICES, LLC added | 27,946 | $1M | 0.5% | 2025-Q3 stale |
| WOLVERINE TRADING, LLC trimmed | 27,845 | $1M | 0.5% | 2025-Q3 stale |
| Great Hill Capital LLC new | 26,410 | $1M | 0.4% | 2025-Q3 stale |
| Sassicaia Capital Advisers LLC new | 25,000 | $1M | 0.4% | 2025-Q4 stale |
| Revere Asset Management, Inc trimmed | 23,904 | $1M | 0.4% | 2025-Q3 stale |
| Quadrature Capital Ltd trimmed | 24,467 | $1M | 0.4% | 2026-Q1 stale |
| RENAISSANCE TECHNOLOGIES LLC added | 31,000 | $1M | 0.4% | 2025-Q2 stale |
| Jump Financial, LLC trimmed | 22,273 | $983K | 0.4% | 2026-Q1 stale |
| BXM Wealth LLC trimmed | 26,775 | $898K | 0.3% | 2025-Q2 stale |
| SURIENCE PRIVATE WEALTH LLC trimmed | 19,420 | $879K | 0.3% | 2025-Q3 stale |
| SIMS INVESTMENT MANAGEMENT, LLC | 30,000 | $878K | 0.3% | 2025-Q1 stale |
| Orion Porfolio Solutions, LLC trimmed | 16,728 | $738K | 0.3% | 2026-Q1 stale |
| SLT Holdings LLC new | 15,500 | $701K | 0.3% | 2025-Q3 stale |
| RBF Capital, LLC new | 15,000 | $683K | 0.3% | 2025-Q4 stale |
| Sheaff Brock Investment Advisors, LLC | 20,000 | $585K | 0.2% | 2025-Q1 stale |
| XTX Topco Ltd trimmed | 12,896 | $569K | 0.2% | 2026-Q1 stale |
| Walleye Trading LLC added | 16,801 | $564K | 0.2% | 2025-Q2 stale |
| HAP Trading, LLC new | 12,093 | $547K | 0.2% | 2025-Q3 stale |
| Capital Investment Advisory Services, LLC added | 11,633 | $526K | 0.2% | 2025-Q3 stale |
| HAP Trading, LLC new | 17,676 | $517K | 0.2% | 2025-Q1 stale |
| HIMENSION CAPITAL (SINGAPORE) PTE. LTD. new | 11,190 | $510K | 0.2% | 2025-Q4 stale |
| Forum Finance Group S.A. new | 13,630 | $508K | 0.2% | 2026-Q1 stale |
| Family Office Research LLC added | 10,022 | $477K | 0.2% | 2025-Q4 stale |
| Orion Portfolio Solutions, LLC trimmed | 15,954 | $467K | 0.2% | 2025-Q1 stale |
| Capital Investment Counsel, Inc trimmed | 10,120 | $461K | 0.2% | 2025-Q4 stale |
| PRIMORIS WEALTH ADVISORS, LLC added | 10,000 | $455K | 0.2% | 2025-Q4 stale |
| HighTower Advisors, LLC added | 8,182 | $361K | 0.1% | 2026-Q1 stale |
| Meridian Wealth Management, LLC new | 7,500 | $342K | 0.1% | 2025-Q4 stale |
| Modern Wealth Management, LLC | 6,986 | $318K | 0.1% | 2025-Q4 stale |
| International Private Wealth Advisors LLC | 6,722 | $304K | 0.1% | 2025-Q3 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.