# EDGAR Filing Document

**Accession Number:** 0001424958
**File Stem:** 0001145549-25-044642
**Filing Date:** 2025-6
**Character Count:** 34732
**Document Hash:** ad672bbc0ce113d00d6382536f2dc013
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-044642.hdr.sgml**: 20250627

**ACCESSION NUMBER**: 0001145549-25-044642

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250627

**DATE AS OF CHANGE**: 20250627

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Direxion Shares ETF Trust
- **CENTRAL INDEX KEY:** 0001424958

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22201
- **FILM NUMBER:** 251087485

**BUSINESS ADDRESS:**
- **STREET 1:** 1301 AVENUE OF THE AMERICAS (6TH AVENUE)
- **STREET 2:** 28TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 646-572-3390

**MAIL ADDRESS:**
- **STREET 1:** 1301 AVENUE OF THE AMERICAS (6TH AVENUE)
- **STREET 2:** 28TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Direxion ETF Trust
- **DATE OF NAME CHANGE:** 20080124

## Series and Classes Contracts Data

### Direxion Daily Financial Bull 3X Shares (Series ID: S000022761)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000065889 | Direxion Daily Financial Bull 3X Shares | FAS             |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Direxion Shares ETF Trust

- **b. Investment Company Act file number:** 811-22201

- **c. CIK number of Registrant:** 0001424958

- **d. LEI of Registrant:** 549300M501IVJM50FG12

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 1301 Avenue of the Americas (6th Avenue)

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10019

  - **Telephone number:** 646-572-3390

**Item A.2. Information about the Series.**

- **a. Name of Series:** Direxion Daily Financial Bull 3X Shares

- **b. EDGAR series identifier (if any):** S000022761

- **c. LEI of Series:** K98KMGGYJD1W0EDCBP05

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-04-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $2259933137.09

**Total Liabilities:** $9251788.14

**Net Assets:** $2250681348.95

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000065889 | 2.91%                | -14.03%              | -11.92%              |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $25307635.46             | $-319506.05                                |
| Month 2  | $-7390816.17             | $-81977947.58                              |
| Month 3  | $-26401692.81            | $-36476269.45                              |

### Schedule of Portfolio Investments

| Name                                        | Title                                                               | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Aflac Incorporated                          | Aflac Incorporated COM USD0.10                                      | CUSIP: 001055102<br>LEI: 549300N0B7DOGLXWPP39 | Long             | EC               | CORP              | US        |    111634 | NS      | $12132383.12  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| The Allstate Corporation                    | The Allstate Corporation COM USD0.01                                | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |     59759 | NS      | $11855588.01  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Company                    | American Express Company COM USD0.20                                | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |    125168 | NS      | $33346006.88  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group Inc.           | American International Group, Inc. COM USD2.50                      | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |    133815 | NS      | $10908598.80  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial, Inc.                  | Ameriprise Financial, Inc. COM USD0.01                              | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |     21697 | NS      | $10219720.94  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management Inc                | APOLLO GLOBAL MANAGEMENT INC                                        | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |    100809 | NS      | $13758412.32  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Assurant Inc.                               | Assurant Inc. COM USD0.01                                           | CUSIP: 04621X108<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | EC               | CORP              | US        |     11568 | NS      | $2229616.32   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.                       | Bank of America Corporation COM USD0.01                             | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |   1493346 | NS      | $59554638.48  | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| The Bank of New York Mellon Corp.           | The Bank of New York Mellon Corporation COM USD0.01                 | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |    161857 | NS      | $13014921.37  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| W.R. Berkley Corporation                    | W.R. Berkley Corporation COM USD0.20                                | CUSIP: 084423102<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EC               | CORP              | US        |     67722 | NS      | $4854990.18   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc.                     | Berkshire Hathaway Inc. COM USD0.0033 CLASS'B'                      | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |    413388 | NS      | $220439151.00 | 9.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Inc                              | Blackstone Inc                                                      | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |    165072 | NS      | $21741633.12  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc.                              | BLACKROCK INC                                                       | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |     32834 | NS      | $30018812.84  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown & Brown Inc                           | Brown & Brown Inc COM USD0.10                                       | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |     53528 | NS      | $5920196.80   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Cboe Global Markets Inc                     | Cboe Global Markets Inc COM USD0.01                                 | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |     23607 | NS      | $5236032.60   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc.                              | CME Group Inc. COM USD0.01                                          | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |     81273 | NS      | $22519122.84  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp.                 | Capital One Financial Corporation COM USD0.01                       | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |     85977 | NS      | $15498214.02  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Cincinnati Financial Corporation            | Cincinnati Financial Corporation COM USD2.00                        | CUSIP: 172062101<br>LEI: 254900Q4WEDMZBOZ0002 | Long             | EC               | CORP              | US        |     35277 | NS      | $4910911.17   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                              | Citigroup Inc. COM USD0.01                                          | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |    423351 | NS      | $28948741.38  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Financial Group Inc                | Citizens Financial Group Inc COM USD0.01                            | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |     98585 | NS      | $3636800.65   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Corpay Inc                                  | CORPAY INC                                                          | CUSIP: 219948106<br>LEI: 549300DG6RR0NQSFLN74 | Long             | EC               | CORP              | US        |     15724 | NS      | $5116117.88   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Discover Financial Services Inc.            | Discover Financial Services COM STK USD0.01                         | CUSIP: 254709108<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | EC               | CORP              | US        |     56604 | NS      | $10339852.68  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Erie Indemnity Co                           | ERIE INDEMNITY COMPANY-CL A                                         | CUSIP: 29530P102<br>LEI: 549300WA5KP94KRUFZ80 | Long             | EC               | CORP              | US        |      5622 | NS      | $2016161.64   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| FactSet Research Systems Inc.               | FactSet Research Systems Inc. COM USD0.01                           | CUSIP: 303075105<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | EC               | CORP              | US        |      8571 | NS      | $3704557.62   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Information Services Inc  | Fidelity National Information Services Inc COM USD0.01              | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |    119459 | NS      | $9422925.92   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Fifth Third Bancorp                         | Fifth Third Bancorp COM NPV                                         | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |    151071 | NS      | $5429491.74   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv Inc.                                 | Fiserv Inc. COM USD0.01                                             | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |    128309 | NS      | $23681992.13  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Resources Inc.                     | Franklin Resources COM USD0.10                                      | CUSIP: 354613101<br>LEI: RIFQSET379FOGTEFKS80 | Long             | EC               | CORP              | US        |     69916 | NS      | $1311624.16   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Gallagher Aj &Co                            | Gallagher Aj &Co COM USD1.00                                        | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |     57363 | NS      | $18395740.47  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Payments Inc                         | Global Payments Inc COM NPV                                         | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Long             | EC               | CORP              | US        |     55848 | NS      | $4261760.88   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Globe Life Inc                              | Globe Life Inc COM USD1.00                                          | CUSIP: 37959E102<br>LEI: 5493001JFHKQOPP6XA71 | Long             | EC               | CORP              | US        |     18936 | NS      | $2335566.24   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc.                   | Goldman Sachs Group, Inc. COM USD0.01                               | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |     70379 | NS      | $38536021.45  | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| The Hartford Insurance Group Inc.           | The Hartford Financial Services Group, Inc. COM USD0.01             | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |     64865 | NS      | $7956989.55   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Henry Jack & Associates Inc.                | Henry Jack & Associates Inc. COM USD0.01                            | CUSIP: 426281101<br>LEI: 529900X1QS8C54W0JB21 | Long             | EC               | CORP              | US        |     16437 | NS      | $2850668.91   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Bancshares Incorporated          | Huntington Bancshares Incorporated COM USD0.01                      | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |    327871 | NS      | $4763965.63   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc               | Intercontinental Exchange Inc COM USD0.01                           | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |    129586 | NS      | $21766560.42  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                        | JPMorgan Chase & Co. COM USD1.00                                    | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    630613 | NS      | $154260552.06 | 6.85%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co Inc.                               | KKR & CO INC                                                        | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |    152250 | NS      | $17397607.50  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| KeyCorp                                     | KeyCorp COM USD1.00                                                 | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |    224653 | NS      | $3333850.52   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Loews Corporation                           | Loews Corporation COM USD0.01                                       | CUSIP: 540424108<br>LEI: R8V1FN4M5ITGZOG7BS19 | Long             | EC               | CORP              | US        |     39848 | NS      | $3460001.84   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| M&T Bank Corporation                        | M&T Bank Corporation COM USD0.50                                    | CUSIP: 55261F104<br>LEI: 549300WYXDDBYRASEG81 | Long             | EC               | CORP              | US        |     37422 | NS      | $6352758.72   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| MSCI Inc.                                   | MSCI Inc. COM USD0.01                                               | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |     17510 | NS      | $9544876.10   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| MarketAxess Holdings Inc.                   | MarketAxess Holdings Inc. COM USD0.003                              | CUSIP: 57060D108<br>LEI: 5493002U1CA1XJOVID83 | Long             | EC               | CORP              | US        |      8502 | NS      | $1883958.18   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Companies, Inc.            | Marsh & McLennan Companies, Inc. COM USD1.00                        | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |    110770 | NS      | $24975311.90  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCard Incorporated                     | MasterCard Incorporated COM USD0.0001 CLASS A                       | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |    183675 | NS      | $100664920.50 | 4.47%             |  |  |  | No            |                  1 | On Loan: No      |
| MetLife Inc.                                | MetLife Inc. COM USD0.01                                            | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |    130571 | NS      | $9841136.27   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Moodys Corp.                                | Moodys Corp COM USD0.01                                             | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |     34910 | NS      | $15818419.20  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                              | Morgan Stanley COM USD0.01                                          | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |    279073 | NS      | $32210605.66  | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq Inc                                  | Nasdaq Inc COM USD0.01                                              | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |     93337 | NS      | $7113212.77   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Trust Corporation                  | Northern Trust Corporation COM USD1.666                             | CUSIP: 665859104<br>LEI: 549300GLF98S992BC502 | Long             | EC               | CORP              | US        |     44192 | NS      | $4153164.16   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group Inc.           | PNC Financial Services Group Inc COM USD5                           | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |     89294 | NS      | $14348652.86  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Paypal Holdings Inc.                        | Paypal Holdings Incorporation COM USD0.0001                         | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |    223104 | NS      | $14689167.36  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Price T Rowe Group Inc.                     | Price T Rowe Group COM USD0.20                                      | CUSIP: 74144T108<br>LEI: 549300SIV6FPS9Y7IH33 | Long             | EC               | CORP              | US        |     50208 | NS      | $4445918.40   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal Financial Group                   | Principal Financial Group COM USD0.01                               | CUSIP: 74251V102<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | EC               | CORP              | US        |     47457 | NS      | $3518936.55   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| The Progressive Corporation                 | The Progressive Corporation COM USD1.00                             | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |    132115 | NS      | $37222080.10  | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Prudential Financial, Inc.                  | Prudential Financial, Inc. COM USD0.01                              | CUSIP: 744320102<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EC               | CORP              | US        |     79836 | NS      | $8199955.56   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Raymond James Financial Inc.                | Raymond James Financial Inc. COM USD0.01                            | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |     41595 | NS      | $5700178.80   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Regions Financial Corporation               | Regions Financial Corporation COM STK USD0.01                       | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |    205013 | NS      | $4184315.33   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                              | S&P Global Inc COM USD1                                             | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     71040 | NS      | $35523552.00  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Santander Consumer USA Holdings Inc         | SANTANDER CONSUMER USA HOLDI                                        | CUSIP: 80283M101<br>LEI: 5493004SHNXEHHZ58X76 | Long             | EC               | CORP              | US        |         0 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| The Charles Schwab Corporation              | The Charles Schwab Corporation COM USD0.01                          | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |    384330 | NS      | $31284462.00  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp.                          | State Street Corporation COM STK USD1                               | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |     65055 | NS      | $5731345.50   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchrony Financial                         | Synchrony Financial COM USD0.001                                    | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |     87675 | NS      | $4554716.25   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Companies, Inc.                   | Travelers Companies, Inc. COM NPV                                   | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |     51135 | NS      | $13506287.55  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corp.                      | Truist Financial Corporation COM                                    | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |    296783 | NS      | $11378660.22  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. Bancorp.                               | U.S. Bancorp. COM USD0.01                                           | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |    351831 | NS      | $14192862.54  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                    | Visa Inc COM STK USD0.0001                                          | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |    388673 | NS      | $134286521.50 | 5.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co.                           | Wells Fargo & Company COM USD1.666                                  | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    741751 | NS      | $52671738.51  | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon PLC                                     | Aon PLC COM USD0.01 CL A                                            | CUSIP: G0403H108<br>LEI: 635400FALWQYX5E6QC64 | Long             | EC               | CORP              | US        |     48779 | NS      | $17306301.41  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Arch Capital Group Ltd.                     | Arch Capital Group Ltd. COM USD0.01                                 | CUSIP: G0450A105<br>LEI: 549300AYR4P8AFKDCE43 | Long             | EC               | CORP              | US        |     84542 | NS      | $7666268.56   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Everest Group Ltd                           | Everest Re Group Ltd. COM USD0.01                                   | CUSIP: G3223R108<br>LEI: 549300N24XF2VV0B3570 | Long             | EC               | CORP              | US        |      9696 | NS      | $3479215.68   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Ltd                                 | Invesco Ltd COM STK USD0.20                                         | CUSIP: G491BT108<br>LEI: ECPGFXU8A2SHKVVGJI15 | Long             | EC               | CORP              | US        |    101037 | NS      | $1407445.41   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Willis Towers Watson Public Limited Company | Willis Towers Watson Public Limited Company COM USD0.000304635      | CUSIP: G96629103<br>LEI: 549300WHC56FF48KL350 | Long             | EC               | CORP              | US        |     22509 | NS      | $6928270.20   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd.                                  | Chubb Limited ORD CHF24.15                                          | CUSIP: H1467J104<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | US        |     84045 | NS      | $24043593.60  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                         | Financial Select Sector Index SWAP                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         1 | NC      | $-4905321.98  | -0.22%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                         | FINANCIAL SELECT SECTOR  INDEX SWAP                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         1 | NC      | $-17441469.59 | -0.77%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                         | FINANCIAL SELECT SECTOR  INDEX SWAP                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         1 | NC      | $2598679.50   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                         | Financial Select Sector Index SWAP                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         1 | NC      | $2417829.26   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                         | Financial Select Sector Index SWAP                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         1 | NC      | $21501265.23  | 0.96%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                         | FINANCIAL SELECT SECTOR  INDEX SWAP                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         1 | NC      | $13551810.73  | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                         | FINANCIAL SELECT SECTOR INDEX SWAP                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         1 | NC      | $-7933728.79  | -0.35%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                         | FINANCIAL SELECT SECTOR  INDEX SWAP                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         1 | NC      | $3645331.39   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| DREYFUS GOVERNMENT CASH MANAGE              | DREYFUS GOV'T CASH MGMT -INSTITUTIONAL CUSIP 262006208 DGCXX (#289) | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        | 418967502 | PA      | $418967501.52 | 18.62%            |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN FINANCIAL                           | GOLDMAN FINL SQ TRSRY INST 506                                      | CUSIP: N/A<br>LEI: 549300DAH6N80PM31E83       | Long             | STIV             | RF                | US        | 246269096 | PA      | $246269095.97 | 10.94%            |  |  |  | No            |                  1 | On Loan: No      |
| DREYFUS                                     | DREYFUS TRSRY SECURITIES CASH MGMT                                  | CUSIP: S99991620<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  55559380 | PA      | $55559380.12  | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS LIQ ES FD A                   | GOLDMAN SACHS FIN GOV 465 INSTITUT                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |   6775209 | PA      | $6775208.74   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-27

**Name of Applicant:** Direxion Shares ETF Trust

**Signature:** Patrick Rudnick

**Name of Signer:** Patrick Rudnick

**Title:** Principal Executive Officer