# EDGAR Filing Document

**Accession Number:** 0001424958
**File Stem:** 0001145549-25-044698
**Filing Date:** 2025-6
**Character Count:** 34443
**Document Hash:** e15fa4c1c0f3f6a97923bbca1e114677
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-044698.hdr.sgml**: 20250627

**ACCESSION NUMBER**: 0001145549-25-044698

**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:** 251087648

**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 Industrials Bull 3X Shares (Series ID: S000057187)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000181608 | Direxion Daily Industrials Bull 3X Shares | DUSL            |

## 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 Industrials Bull 3X Shares

- **b. EDGAR series identifier (if any):** S000057187

- **c. LEI of Series:** 549300DDEAR7S3PWSL31

**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:** $29452739.76

**Total Liabilities:** $42406.55

**Net Assets:** $29410333.21

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000181608 | -5.49%               | -12.14%              | -5.62%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1382979.32              | $-1811655.42                               |
| Month 2  | $-637631.77              | $-384782.22                                |
| Month 3  | $-1131083.43             | $450917.31                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Ametek, Inc.                                | Ametek, Inc. COM USD0.01                                            | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |      1145 | NS      | $194169.10    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing, Inc.             | Automatic Data Processing, Inc. COM USD0.10                         | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |      2013 | NS      | $605107.80    | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise Inc                         | Axon Enterprise Inc COM USD0.00001                                  | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |       358 | NS      | $219561.40    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| The Boeing Company                          | The Boeing Company COM USD5.00                                      | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |      3711 | NS      | $680003.64    | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadridge Financial Solutions Inc.         | Broadridge Financial Solutions Inc. COM USD0.01                     | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |       579 | NS      | $140349.60    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Builders Firstsource, Inc.                  | Builders Firstsource, Inc. COM USD0.01                              | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |       569 | NS      | $68069.47     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| C.H. Robinson Worldwide Inc                 | C.H. Robinson Worldwide Inc COM USD0.10                             | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |       587 | NS      | $52372.14     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corporation                             | CSX Corporation COM USD1                                            | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |      9539 | NS      | $267759.73    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrier Global Corporation                  | CARRIER GLOBAL CORP                                                 | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |      3994 | NS      | $249784.76    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                             | CATERPILLAR INC                                                     | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |      2364 | NS      | $731114.28    | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Dayforce Inc                                | Ceridian HCM Holding Inc COM USD0.01                                | CUSIP: 15677J108<br>LEI: 549300T64GVCHFJ8L449 | Long             | EC               | CORP              | US        |       787 | NS      | $45543.69     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Cintas Corporation                          | Cintas Corporation COM NPV                                          | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1698 | NS      | $359432.64    | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Copart Inc                                  | Copart Inc COM USD0.0001                                            | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |      4337 | NS      | $264687.11    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc.                                | CUMMINS INC                                                         | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |       680 | NS      | $199811.20    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Company                             | DEERE & CO                                                          | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      1254 | NS      | $581304.24    | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Air Lines Inc.                        | Delta Air Lines Inc COM USD0.0001                                   | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |      3174 | NS      | $132133.62    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Dover Corporation                           | DOVER CORP                                                          | CUSIP: 260003108<br>LEI: 549300FMC2ALGA7N9E80 | Long             | EC               | CORP              | US        |       679 | NS      | $115871.35    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co.                        | EMERSON ELECTRIC CO                                                 | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |      2790 | NS      | $293256.90    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Equifax Inc.                                | EQUIFAX INC                                                         | CUSIP: 294429105<br>LEI: 5493004MCF8JDC86VS77 | Long             | EC               | CORP              | US        |       613 | NS      | $159459.69    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Expeditors International Of Washington Inc. | Expeditors International Of Washington Inc. COM USD0.01             | CUSIP: 302130109<br>LEI: 984500B055A804AB6E40 | Long             | EC               | CORP              | US        |       693 | NS      | $76167.63     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastenal Co.                                | Fastenal Co. COM USD0.01                                            | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |      2836 | NS      | $229630.92    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corporation                           | FedEx Corporation COM USD0.10                                       | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |      1096 | NS      | $230521.68    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortive Corporation                         | FORTIVE CORP                                                        | CUSIP: 34959J108<br>LEI: 549300MU9YQJYHDQEF63 | Long             | EC               | CORP              | US        |      1687 | NS      | $117567.03    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc.                             | GE VERNOVA INC                                                      | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |      1365 | NS      | $506169.30    | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Generac Holdings Inc.                       | Generac Holdings Inc. COM USD0.01                                   | CUSIP: 368736104<br>LEI: 529900S2H2AHJHSFFI84 | Long             | EC               | CORP              | US        |       295 | NS      | $33742.10     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corporation                | General Dynamics Corporation COM USD1.00                            | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      1255 | NS      | $341510.60    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Aerospace                                | GENERAL ELECTRIC CO                                                 | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |      5310 | NS      | $1070177.40   | 3.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Grainger W W Inc                            | WW GRAINGER INC                                                     | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |       219 | NS      | $224323.89    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc.                | Honeywell International Inc. COM USD1                               | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |      3217 | NS      | $677178.50    | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace Inc                        | Howmet Aerospace Inc COM                                            | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |      2004 | NS      | $277714.32    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell Incorporated                        | HUBBELL INC                                                         | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |       265 | NS      | $96242.70     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| J. B. Hunt Transport Services, Inc.         | J. B. Hunt Transport Services, Inc. COM USD0.01                     | CUSIP: 445658107<br>LEI: 549300XCD1MPI1C5GK90 | Long             | EC               | CORP              | US        |       393 | NS      | $51317.94     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Ingalls Industries, Inc.         | Huntington Ingalls Industries, Inc. COM USD0.01                     | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               | CORP              | US        |       194 | NS      | $44685.96     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Idex Corporation                            | Idex Corporation COM USD0.01                                        | CUSIP: 45167R104<br>LEI: 549300U5Y5EL6PHYLF13 | Long             | EC               | CORP              | US        |       374 | NS      | $65064.78     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Illinois Tool Works Inc.                    | ILLINOIS TOOL WORKS                                                 | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |      1321 | NS      | $316921.11    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingersoll Rand Inc                          | INGERSOLL-RAND INC                                                  | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |      1993 | NS      | $150331.99    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Jacobs Solutions Inc.                       | Jacobs Engineering Group Inc. COM                                   | CUSIP: 46982L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       607 | NS      | $75146.60     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| L3 Harris Technologies Inc                  | L3 Harris Technologies Inc COM USD1.00                              | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |       932 | NS      | $205058.64    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Leidos Holdings Inc                         | LEIDOS HOLDINGS INC                                                 | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |       649 | NS      | $95519.82     | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennox International Inc.                   | Lennox International Inc. COM USD0.01                               | CUSIP: 526107107<br>LEI: S7DWAC87RDMPBF77GJ92 | Long             | EC               | CORP              | US        |       159 | NS      | $86933.25     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corporation                 | Lockheed Martin Corporation COM USD1.00                             | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |      1036 | NS      | $494949.00    | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Masco Corporation                           | Masco Corporation COM USD1.00                                       | CUSIP: 574599106<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | EC               | CORP              | US        |      1048 | NS      | $63519.28     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Nordson Corp                                | NORDSON CORP                                                        | CUSIP: 655663102<br>LEI: 14OS6Q5N55N95WM84M53 | Long             | EC               | CORP              | US        |       268 | NS      | $50804.76     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Norfolk Southern Corporation                | Norfolk Southern Corporation COM USD1                               | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |      1120 | NS      | $250936.00    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corporation                | Northrop Grumman Corporation COM USD1                               | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |       672 | NS      | $326928.00    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Dominion Freight Line Inc.              | Old Dominion Freight Line Inc. COM USD0.10                          | CUSIP: 679580100<br>LEI: 5299009TWK32WE417T96 | Long             | EC               | CORP              | US        |       929 | NS      | $142397.12    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Otis Worldwide Corp.                        | OTIS WORLDWIDE CORP                                                 | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |      1962 | NS      | $188881.74    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Paccar Inc                                  | Paccar Inc COM USD1.00                                              | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |      2594 | NS      | $234004.74    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp.                       | PARKER HANNIFIN CORP                                                | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |       637 | NS      | $385423.22    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Paychex Inc                                 | Paychex Inc COM USD0.01                                             | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |      1586 | NS      | $233332.32    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Paycom Software Inc                         | Paycom Software Inc COM USD0.01                                     | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Long             | EC               | CORP              | US        |       233 | NS      | $52748.87     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services, Inc.                       | Quanta Services, Inc. COM USD0.00001                                | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |       730 | NS      | $213663.70    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp.                                   | Raytheon Technologies Corporation COM                               | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |      6589 | NS      | $831070.57    | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services, Inc.                     | Republic Services, Inc. COM USD0.01                                 | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |      1004 | NS      | $251753.00    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Rockwell Automation, Inc.                   | ROCKWELL AUTOMATION INC                                             | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |       559 | NS      | $138453.12    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Rollins Inc                                 | ROLLINS INC                                                         | CUSIP: 775711104<br>LEI: 549300F2A0BXT4SGWD84 | Long             | EC               | CORP              | US        |      1389 | NS      | $79353.57     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Smith(Ao)Corp                               | SMITH (A.O.) CORP                                                   | CUSIP: 831865209<br>LEI: 549300XG4US7UJNECY36 | Long             | EC               | CORP              | US        |       584 | NS      | $39630.24     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Snap-On Incorporated                        | SNAP-ON INC                                                         | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |       260 | NS      | $81590.60     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Airlines Co.                      | Southwest Airlines Co. COM USD1                                     | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |      2931 | NS      | $81950.76     | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Stanley Black & Decker, Inc.                | STANLEY BLACK & DECKER INC                                          | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |       763 | NS      | $45795.26     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Textron Inc.                                | Textron Inc. COM STK USD0.125                                       | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               | CORP              | US        |       903 | NS      | $63544.11     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M Company                                  | 3M CO                                                               | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |      2686 | NS      | $373112.26    | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Transdigm Group Inc.                        | Transdigm Group Inc. COM USD0.01                                    | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       278 | NS      | $392833.46    | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                       | Uber Technologies Inc COM USD0.00001                                | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     10334 | NS      | $837157.34    | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corporation                   | Union Pacific Corporation COM USD2.50                               | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |      2990 | NS      | $644823.40    | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| United Airlines Holdings Inc                | United Airlines Holdings Inc COM USD0.01                            | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |      1627 | NS      | $111970.14    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service, Inc.                 | United Parcel Service, Inc. CLASS'B'COM USD0.01                     | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |      3619 | NS      | $344890.70    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals, Inc.                        | United Rentals, Inc. COM USD0.01                                    | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |       323 | NS      | $203958.35    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Veralto Corp.                               | VERALTO CORP                                                        | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |      1223 | NS      | $117285.70    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisk Analytics, Inc.                      | Verisk Analytics, Inc. COM USD0.001                                 | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |       699 | NS      | $207204.57    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Wabtec Corp                                 | Wabtec Corp COM USD0.01                                             | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |       845 | NS      | $156105.30    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management, Inc.                      | WASTE MANAGEMENT INC                                                | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |      1807 | NS      | $421681.52    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem, Inc.                                 | XYLEM INC                                                           | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |      1202 | NS      | $144925.14    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegion PLC                                | ALLEGION PLC                                                        | CUSIP: G0176J109<br>LEI: 984500560CAC2E6FB757 | Long             | EC               | CORP              | US        |       430 | NS      | $59856.00     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corporation PLC                       | EATON CORP PLC                                                      | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | US        |      1955 | NS      | $575493.35    | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International PLC          | JOHNSON CONTROLS INTERNATION                                        | CUSIP: G51502105<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | US        |      3266 | NS      | $274017.40    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Pentair PLC                                 | PENTAIR PLC                                                         | CUSIP: G7S00T104<br>LEI: 549300EVR9D56WPSRP15 | Long             | EC               | CORP              | US        |       818 | NS      | $74217.14     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC                      | TRANE TECHNOLOGIES PLC                                              | CUSIP: G8994E103<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | US        |      1110 | NS      | $425474.10    | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                         | INDUSTRIAL SELECT SECTOR INDEX SWAP                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         1 | NC      | $416166.68    | 1.42%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                         | INDUSTRIAL SELECT SECTOR INDEX SWAP                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         1 | NC      | $92652.96     | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                         | INDUSTRIAL SELECT SECTOR INDEX SWAP                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         1 | NC      | $-753013.41   | -2.56%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                         | INDUSTRIAL SELECT SECTOR INDEX SWAP                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         1 | NC      | $-318289.48   | -1.08%            |  |  |  | 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        |   5561442 | PA      | $5561441.95   | 18.91%            |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN FINANCIAL                           | GOLDMAN FINL SQ TRSRY INST 506                                      | CUSIP: N/A<br>LEI: 549300DAH6N80PM31E83       | Long             | STIV             | RF                | US        |   4751952 | PA      | $4751952.43   | 16.16%            |  |  |  | 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        |       114 | PA      | $114.02       | 0.00%             |  |  |  | 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