# EDGAR Filing Document

**Accession Number:** 0001424958
**File Stem:** 0001193125-25-333784
**Filing Date:** 2025-12
**Character Count:** 33679
**Document Hash:** 4d9b465e09620475d6d67e911bbe8049
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-333784.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0001193125-25-333784

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**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:** 251605883

**BUSINESS ADDRESS:**
- **STREET 1:** 535 MADISON AVENUE
- **STREET 2:** 37TH FL.
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
- **BUSINESS PHONE:** 646-572-3390

**MAIL ADDRESS:**
- **STREET 1:** 535 MADISON AVENUE
- **STREET 2:** 37TH FL.
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022

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

## Series and Classes Contracts Data

### Direxion Daily Retail Bull 3X Shares (Series ID: S000027487)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000082798 | Direxion Daily Retail Bull 3X Shares | RETL            |

## 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 Retail Bull 3X Shares

- **b. EDGAR series identifier (if any):** S000027487

- **c. LEI of Series:** 549300BMKL5PJ58Y1S44

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

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

- **b. Date as of which information is reported:** 2025-10-31

**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:** $39481242.21

**Total Liabilities:** $10361889.70

**Net Assets:** $29119352.51

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000082798 | 21.00%               | 5.33%                | -18.88%              |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $715836.82               | $1014301.40                                |
| Month 2  | $812164.58               | $-279032.39                                |
| Month 3  | $-122871.57              | $-1334263.48                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Abercrombie & Fitch Co                  | Abercrombie & Fitch Co CL'A'COM USD0.01                             | CUSIP: 002896207<br>LEI: 5493000J7LL72TOGT983 | Long             | EC               | CORP              | US        |      3362 | NS      | $243913.10    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Academy Sports and Outdoors Inc         | Academy Sports and Outdoors Inc COM                                 | CUSIP: 00402L107<br>LEI: 529900HST589BD301M91 | Long             | EC               | CORP              | US        |      6718 | NS      | $321725.02    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Advance Auto Parts Inc.                 | Advance Auto Parts Inc. COM USD0.0001                               | CUSIP: 00751Y106<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | EC               | CORP              | US        |      5478 | NS      | $258178.14    | 0.89%             |  |  |  | No            |                  1 | On Loan: —       |
| Albertsons Companies Inc.               | Albertsons Companies Inc COMMON STOCK                               | CUSIP: 013091103<br>LEI: 549300YKWOC0AOR16R51 | Long             | EC               | CORP              | US        |     17462 | NS      | $308902.78    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                        | Amazon.com, Inc. COM USD0.01                                        | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      1407 | NS      | $343617.54    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| American Eagle Outfitters Inc.          | American Eagle Outfitters Inc. COM USD0.01                          | CUSIP: 02553E106<br>LEI: 5299001Z9HXK01DHW793 | Long             | EC               | CORP              | US        |     16827 | NS      | $281179.17    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| America's Car-Mart Inc.                 | America's Car-Mart Inc. COM USD0.01                                 | CUSIP: 03062T105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4530 | NS      | $100747.20    | 0.35%             |  |  |  | No            |                  1 | On Loan: —       |
| Asbury Automotive Group, Inc.           | Asbury Automotive Group, Inc. COM USD0.01                           | CUSIP: 043436104<br>LEI: 549300JH4DTA7U42GL91 | Long             | EC               | CORP              | US        |      1311 | NS      | $307560.60    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoNation, Inc.                        | AutoNation, Inc. COM USD0.01                                        | CUSIP: 05329W102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1451 | NS      | $290011.37    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Autozone, Inc.                          | Autozone, Inc. COM USD0.01                                          | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |        78 | NS      | $286605.54    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ Wholesale Club Holdings Inc          | BJ Wholesale Club Holdings Inc COM USD0.01                          | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |      3324 | NS      | $293376.24    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bath & Body Works Inc                   | Bath & Body Works Inc COM                                           | CUSIP: 070830104<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | EC               | CORP              | US        |     11502 | NS      | $281568.96    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Best Buy Co Inc.                        | Best Buy Inc COM USD0.10                                            | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |      4229 | NS      | $347370.06    | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Boot Barn Holdings Inc                  | Boot Barn Holdings Inc COM USD0.0001                                | CUSIP: 099406100<br>LEI: 529900QE1BFMYA3N4E71 | Long             | EC               | CORP              | US        |      1765 | NS      | $334732.25    | 1.15%             |  |  |  | No            |                  1 | On Loan: —       |
| Buckle Inc                              | Buckle Inc COM USD0.01                                              | CUSIP: 118440106<br>LEI: 5299007IU0461T3GDL34 | Long             | EC               | CORP              | US        |      5417 | NS      | $296851.60    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Build A Bear Workshop Inc               | BUILD-A-BEAR WORKSHOP INC                                           | CUSIP: 120076104<br>LEI: 529900S9MWZC1UBF3D13 | Long             | EC               | CORP              | US        |      4445 | NS      | $241007.90    | 0.83%             |  |  |  | No            |                  1 | On Loan: —       |
| Burlington Stores Inc.                  | Burlington Stores Inc. COM USD0.0001                                | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |      1157 | NS      | $316543.63    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Caleres Inc                             | Caleres Inc COM USD0.01                                             | CUSIP: 129500104<br>LEI: JFU6RQQJ8Z1CPOLBXQ18 | Long             | EC               | CORP              | US        |     17503 | NS      | $193233.12    | 0.66%             |  |  |  | No            |                  1 | On Loan: —       |
| Camping World Holdings Inc              | CAMPING WORLD HOLDINGS INC                                          | CUSIP: 13462K109<br>LEI: 549300E828QQI7MWI432 | Long             | EC               | CORP              | US        |     19211 | NS      | $252816.76    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Carmax Inc                              | Carmax Inc COM USD0.50                                              | CUSIP: 143130102<br>LEI: 529900F60CID3NCZM330 | Long             | EC               | CORP              | US        |      5471 | NS      | $229289.61    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Carvana Co                              | CARVANA CO                                                          | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |       886 | NS      | $271594.44    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey'S General Stores Inc.             | Caseys Gen Stores COM NPV                                           | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |       601 | NS      | $308427.19    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Chewy Inc                               | Chewy Inc COM USD0.01 CL A                                          | CUSIP: 16679L109<br>LEI: 254900NPQSTG9I422879 | Long             | EC               | CORP              | US        |      9225 | NS      | $311067.00    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corporation            | Costco Wholesale Corporation COM USD0.01                            | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |       340 | NS      | $309893.00    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Dick's Sporting Goods, Inc.             | Dick's Sporting Goods, Inc. COM USD0.01                             | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Long             | EC               | CORP              | US        |      1427 | NS      | $316009.15    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Dillards, Inc.                          | Dillards, Inc. CLASS'A' COM USD0.01                                 | CUSIP: 254067101<br>LEI: 529900FGYKMWL6019P91 | Long             | EC               | CORP              | US        |       570 | NS      | $342045.60    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar General Corporation              | Dollar General Corporation COM USD0.875                             | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |      3042 | NS      | $300123.72    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar Tree Inc                         | Dollar Tree Inc COM USD0.01                                         | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |      3277 | NS      | $324816.24    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| eBay Inc.                               | eBay Inc. COM USD0.001                                              | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |      3549 | NS      | $288569.19    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Etsy Inc                                | Etsy Inc USD0.001                                                   | CUSIP: 29786A106<br>LEI: 54930089Q7XT501AEA40 | Long             | EC               | CORP              | US        |      5602 | NS      | $347324.00    | 1.19%             |  |  |  | No            |                  1 | On Loan: —       |
| Evgo Inc                                | EVGO INC                                                            | CUSIP: 30052F100<br>LEI: 254900NJU5Y3D9R42S26 | Long             | EC               | CORP              | US        |     73398 | NS      | $301665.78    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Five Below Inc                          | Five Below Inc COM USD0.01                                          | CUSIP: 33829M101<br>LEI: 529900AAXP5Z6BGI7418 | Long             | EC               | CORP              | US        |      2219 | NS      | $348982.13    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Gamestop Corp                           | GAMESTOP CORP                                                       | CUSIP: 36467W109<br>LEI: 549300505KLOET039L77 | Long             | EC               | CORP              | US        |     13291 | NS      | $296256.39    | 1.02%             |  |  |  | No            |                  1 | On Loan: —       |
| The Gap Inc.                            | GAP INC/THE                                                         | CUSIP: 364760108<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | EC               | CORP              | US        |     13456 | NS      | $307469.60    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Grocery Outlet Holding Corp.            | Grocery Outlet Holding Corp. COM USD0.001                           | CUSIP: 39874R101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18445 | NS      | $251036.45    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Group 1 Automotive, Inc.                | Group 1 Automotive, Inc. COM USD0.01                                | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               | CORP              | US        |       688 | NS      | $273507.52    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Groupon Inc                             | GROUPON INC                                                         | CUSIP: 399473206<br>LEI: 5299005W5W1R5POQJL03 | Long             | EC               | CORP              | US        |     14288 | NS      | $287617.44    | 0.99%             |  |  |  | No            |                  1 | On Loan: —       |
| Guardian Pharmacy Services Inc.         | GUARDIAN PHRMCY SERVICES-A                                          | CUSIP: 40145W101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4819 | NS      | $135124.76    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingles Markets, Incorporated            | Ingles Markets, Incorporated CLASS'A'COM USD0.05                    | CUSIP: 457030104<br>LEI: 549300XH5RYBMYP8TF26 | Long             | EC               | CORP              | US        |      3583 | NS      | $247585.30    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Kohl's Corp.                            | Kohl's Corp. COM USD0.01                                            | CUSIP: 500255104<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | EC               | CORP              | US        |     20195 | NS      | $328572.65    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| The Kroger Co.                          | The Kroger Co. COM USD1.00                                          | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |      4832 | NS      | $307460.16    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Lithia Motors Incorporated              | Lithia Motors Incorporated CL'A'COM NPV                             | CUSIP: 536797103<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | EC               | CORP              | US        |       962 | NS      | $302144.96    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Macy's, Inc.                            | Macy's, Inc. COM USD0.01                                            | CUSIP: 55616P104<br>LEI: 529900NZQ81TIOW3CW52 | Long             | EC               | CORP              | US        |     19009 | NS      | $370485.41    | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Maplebear Inc.                          | MAPLEBEAR INC                                                       | CUSIP: 565394103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6893 | NS      | $254075.98    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Marinemax Inc                           | Marinemax Inc COM STK USD0.001                                      | CUSIP: 567908108<br>LEI: 254900TIXTN8WY3FNN63 | Long             | EC               | CORP              | US        |      9648 | NS      | $238980.96    | 0.82%             |  |  |  | No            |                  1 | On Loan: —       |
| Monro Inc                               | Monro Inc COM USD0.01                                               | CUSIP: 610236101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15811 | NS      | $231631.15    | 0.80%             |  |  |  | No            |                  1 | On Loan: —       |
| Murphy USA Inc.                         | Murphy USA Inc. COM USD0.01                                         | CUSIP: 626755102<br>LEI: 549300Y081F8XIKQIO72 | Long             | EC               | CORP              | US        |       861 | NS      | $308410.20    | 1.06%             |  |  |  | No            |                  1 | On Loan: —       |
| National Vision Holdings Inc            | National Vision Holdings Inc COM USD0.01                            | CUSIP: 63845R107<br>LEI: 549300JHURCBLI5ROA42 | Long             | EC               | CORP              | US        |     14320 | NS      | $368740.00    | 1.27%             |  |  |  | No            |                  1 | On Loan: —       |
| Natural Grocers By Vitamin Cottage Inc. | NATURAL GROCERS BY VITAMIN C                                        | CUSIP: 63888U108<br>LEI: 529900P4OTXDGBUS3O87 | Long             | EC               | CORP              | US        |      6016 | NS      | $193053.44    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc.                | O'Reilly Automotive Inc. USD0.01                                    | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |      3082 | NS      | $291064.08    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Ollies Bargain Outlet Holdings Inc.     | Ollies Bargain Outlet Holdings Incorporation COM USD0.001           | CUSIP: 681116109<br>LEI: 529900YO5DSQCPEFDZ05 | Long             | EC               | CORP              | US        |      2497 | NS      | $301662.57    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Penske Automotive Group, Inc.           | Penske Automotive Group, Inc. COM STK USD0.0001                     | CUSIP: 70959W103<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | EC               | CORP              | US        |      1759 | NS      | $281563.13    | 0.97%             |  |  |  | No            |                  1 | On Loan: —       |
| Pricesmart Inc                          | Pricesmart Inc COM USD0.0001                                        | CUSIP: 741511109<br>LEI: 549300JVYOSTGVSDZS46 | Long             | EC               | CORP              | US        |      2917 | NS      | $335279.98    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Upbound Group Inc                       | Rent-A-Center, Inc. COM USD0.01                                     | CUSIP: 76009N100<br>LEI: 529900QUHE15UQNCCJ63 | Long             | EC               | CORP              | US        |     12870 | NS      | $249420.60    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Revolve Group Inc                       | Revolve Group Inc COM USD0.001 CL A                                 | CUSIP: 76156B107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13807 | NS      | $305410.84    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Ross Stores Inc                         | Ross Stores Inc COM USD0.01                                         | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |      2171 | NS      | $345015.32    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Sally Beauty Holdings Inc.              | Sally Beauty Holdings Inc. COM STK USD0.01                          | CUSIP: 79546E104<br>LEI: 529900VXW6E8ONDIQ271 | Long             | EC               | CORP              | US        |     22140 | NS      | $334535.40    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Savers Value Village Inc.               | SAVERS VALUE VILLAGE INC                                            | CUSIP: 80517M109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19207 | NS      | $176896.47    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Shoe Carnival Inc                       | Shoe Carnival Inc COM USD0.01                                       | CUSIP: 824889109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8380 | NS      | $153605.40    | 0.53%             |  |  |  | No            |                  1 | On Loan: —       |
| Sonic Automotive, Inc.                  | Sonic Automotive, Inc. COM USD0.01 CL'A'                            | CUSIP: 83545G102<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | EC               | CORP              | US        |      3990 | NS      | $253484.70    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprouts Farmers Markets Inc             | Sprouts Farmers Markets Inc COM USD0.001                            | CUSIP: 85208M102<br>LEI: 529900P8F4G77Q52XE24 | Long             | EC               | CORP              | US        |      2416 | NS      | $190767.36    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Stitch Fix Inc                          | STITCH FIX INC-CLASS A                                              | CUSIP: 860897107<br>LEI: 549300TNHOVBOJZIYE72 | Long             | EC               | CORP              | US        |     54539 | NS      | $228518.41    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| The TJX Companies Inc.                  | The TJX Companies Inc. COM USD1                                     | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |      2317 | NS      | $324704.38    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp.                            | Target Corporation COM STK USD0.0833                                | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |      3568 | NS      | $330824.96    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| The ODP Corporation                     | The ODP Corporation COM                                             | CUSIP: 88337F105<br>LEI: 549300OI428NU7XTM839 | Long             | EC               | CORP              | US        |     14696 | NS      | $409724.48    | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| The Realreal Inc                        | REALREAL INC/THE                                                    | CUSIP: 88339P101<br>LEI: 549300O00VUGT4H1PE90 | Long             | EC               | CORP              | US        |     36476 | NS      | $445371.96    | 1.53%             |  |  |  | No            |                  1 | On Loan: —       |
| ThredUP Inc.                            | THREDUP INC - CLASS A                                               | CUSIP: 88556E102<br>LEI: 549300JKGKTKX3L3XK25 | Long             | EC               | CORP              | US        |     29992 | NS      | $263629.68    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Tractor Supply Co                       | Tractor Supply Co COM USD0.008                                      | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |      5542 | NS      | $299877.62    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty Inc                         | Ulta Beauty Inc COM STK USD0.01                                     | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |       628 | NS      | $326484.64    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Urban Outfitters Inc.                   | Urban Outfitters Inc. COM USD0.0001                                 | CUSIP: 917047102<br>LEI: 549300N3DUFR5U6NRN38 | Long             | EC               | CORP              | US        |      4591 | NS      | $296624.51    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Valvoline Inc                           | VALVOLINE INC                                                       | CUSIP: 92047W101<br>LEI: 549300CMHPBEY6VPOT75 | Long             | EC               | CORP              | US        |      8228 | NS      | $271606.28    | 0.93%             |  |  |  | No            |                  1 | On Loan: —       |
| Victorias Secret and Co                 | Victorias Secret and Co COMMON STOCK                                | CUSIP: 926400102<br>LEI: 5493006T3O70U3UWVF17 | Long             | EC               | CORP              | US        |     12624 | NS      | $444996.00    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                             | Walmart Inc COM USD0.10                                             | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |      3226 | NS      | $326406.68    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Warby Parker Inc                        | WARBY PARKER INC                                                    | CUSIP: 93403J106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11992 | NS      | $234923.28    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Weis Markets Inc                        | Weis Markets Inc COM NPV                                            | CUSIP: 948849104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4308 | NS      | $272868.72    | 0.94%             |  |  |  | No            |                  1 | On Loan: —       |
| Winmark Corp.                           | Winmark Corp. COM NPV                                               | CUSIP: 974250102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       653 | NS      | $263270.01    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Signet Jewelers Limited                 | Signet Jewelers Limited COM STK USD0.18                             | CUSIP: G81276100<br>LEI: 549300N3XPGE91WV7M22 | Long             | EC               | CORP              | BM        |      3540 | NS      | $349929.00    | 1.20%             |  |  |  | No            |                  1 | 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        |   5479625 | PA      | $5479624.88   | 18.82%            |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN FINANCIAL                       | GOLDMAN FINL SQ TRSRY INST 506                                      | CUSIP: N/A<br>LEI: 549300DAH6N80PM31E83       | Long             | STIV             | RF                | US        |      1889 | PA      | $1888.73      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                     | S&P RETAIL SELECT INDUSTRY INDEX SWAP                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         1 | NC      | $1218776.50   | 4.19%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                     | S&P RETAIL SELECT INDUSTRY INDEX SWAP                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         1 | NC      | $-24745.07    | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                     | S&P RETAIL SELECT INDUSTRY INDEX SWAP                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         1 | NC      | $19145.05     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                     | S&P RETAIL SELECT INDUSTRY INDEX SWAP                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         1 | NC      | $6888840.78   | 23.66%            |  |  |  | No            |                  2 | 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        |   1469870 | PA      | $1469870.00   | 5.05%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-07

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

**Signature:** Patrick Rudnick

**Name of Signer:** Patrick Rudnick

**Title:** Principal Executive Officer