# EDGAR Filing Document

**Accession Number:** 0001424958
**File Stem:** 0001193125-25-333773
**Filing Date:** 2025-12
**Character Count:** 35045
**Document Hash:** 51967b6a77c390d006369bd910ddeea3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-333773.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0001193125-25-333773

**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:** 251605872

**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 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:** 2025-10-31

**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:** $2616343485.88

**Total Liabilities:** $141272387.83

**Net Assets:** $2475071098.05

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000065889 | 8.12%                | -0.77%               | -9.83%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $10850000.11             | $42937979.81                               |
| Month 2  | $11054466.99             | $-10197968.74                              |
| Month 3  | $-6385938.37             | $-53497654.17                              |

### 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        |    121544 | NS      | $13028301.36  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| The Allstate Corporation                    | The Allstate Corporation COM USD0.01                                | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |     66540 | NS      | $12743740.80  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Company                    | American Express Company COM USD0.20                                | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |    137058 | NS      | $49440932.34  | 2.00%             |  |  |  | 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        |    139891 | NS      | $11045793.36  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial, Inc.                  | Ameriprise Financial, Inc. COM USD0.01                              | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |     23805 | NS      | $10778189.85  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management Inc                | APOLLO GLOBAL MANAGEMENT INC                                        | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |    116189 | NS      | $14443454.59  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Assurant Inc.                               | Assurant Inc. COM USD0.01                                           | CUSIP: 04621X108<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | EC               | CORP              | US        |     12739 | NS      | $2697101.08   | 0.11%             |  |  |  | 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        |   1720695 | NS      | $91971147.75  | 3.72%             |  |  |  | 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        |    178080 | NS      | $19220174.40  | 0.78%             |  |  |  | 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        |     75661 | NS      | $5397655.74   | 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        |    463033 | NS      | $221116778.82 | 8.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Inc                              | Blackstone Inc                                                      | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |    186120 | NS      | $27292636.80  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc.                              | BLACKROCK INC                                                       | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |     36363 | NS      | $39374220.03  | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown & Brown Inc                           | Brown & Brown Inc COM USD0.10                                       | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |     73984 | NS      | $5899484.16   | 0.24%             |  |  |  | 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        |     26410 | NS      | $6487352.40   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc.                              | CME Group Inc. COM USD0.01                                          | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |     90998 | NS      | $24159059.02  | 0.98%             |  |  |  | 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        |    161483 | NS      | $35524645.17  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Cincinnati Financial Corporation            | Cincinnati Financial Corporation COM USD2.00                        | CUSIP: 172062101<br>LEI: 254900Q4WEDMZBOZ0002 | Long             | EC               | CORP              | US        |     39483 | NS      | $6103676.97   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                              | Citigroup Inc. COM USD0.01                                          | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |    464842 | NS      | $47055955.66  | 1.90%             |  |  |  | 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        |    108917 | NS      | $5540607.79   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Coinbase Global Inc                         | COINBASE GLOBAL INC -CLASS A                                        | CUSIP: 19260Q107<br>LEI: 5493004G3J2SC154DU06 | Long             | EC               | CORP              | US        |     57109 | NS      | $19632932.02  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Corpay Inc                                  | CORPAY INC                                                          | CUSIP: 219948106<br>LEI: 549300DG6RR0NQSFLN74 | Long             | EC               | CORP              | US        |     17831 | NS      | $4642300.85   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Erie Indemnity Co                           | ERIE INDEMNITY COMPANY-CL A                                         | CUSIP: 29530P102<br>LEI: 549300WA5KP94KRUFZ80 | Long             | EC               | CORP              | US        |      6415 | NS      | $1877285.60   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| FactSet Research Systems Inc.               | FactSet Research Systems Inc. COM USD0.01                           | CUSIP: 303075105<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | EC               | CORP              | US        |      9546 | NS      | $2546872.80   | 0.10%             |  |  |  | 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        |    131905 | NS      | $8246700.60   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Fifth Third Bancorp                         | Fifth Third Bancorp COM NPV                                         | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |    167131 | NS      | $6955992.22   | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Fiserv Inc.                                 | Fiserv Inc. COM USD0.01                                             | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |    137263 | NS      | $9154069.47   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Resources Inc.                     | Franklin Resources COM USD0.10                                      | CUSIP: 354613101<br>LEI: RIFQSET379FOGTEFKS80 | Long             | EC               | CORP              | US        |     77352 | NS      | $1748928.72   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Gallagher Aj &Co                            | Gallagher Aj &Co COM USD1.00                                        | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |     64735 | NS      | $16150735.15  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Payments Inc                         | Global Payments Inc COM NPV                                         | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Long             | EC               | CORP              | US        |     61260 | NS      | $4763577.60   | 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        |     20454 | NS      | $2689905.54   | 0.11%             |  |  |  | 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        |     76441 | NS      | $60340232.17  | 2.44%             |  |  |  | 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        |     70997 | NS      | $8816407.46   | 0.36%             |  |  |  | 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        |     18388 | NS      | $2738708.72   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Bancshares Incorporated          | Huntington Bancshares Incorporated COM USD0.01                      | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |    397088 | NS      | $6131038.72   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Interactive Brokers Group Inc               | INTERACTIVE BROKERS GRO-CL A                                        | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |    112428 | NS      | $7910434.08   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc               | Intercontinental Exchange Inc COM USD0.01                           | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |    144541 | NS      | $21144902.89  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                        | JPMorgan Chase & Co. COM USD1.00                                    | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    694334 | NS      | $216021194.08 | 8.73%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co Inc.                               | KKR & CO INC                                                        | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |    173225 | NS      | $20497714.25  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| KeyCorp                                     | KeyCorp COM USD1.00                                                 | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |    235349 | NS      | $4139788.91   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Loews Corporation                           | Loews Corporation COM USD0.01                                       | CUSIP: 540424108<br>LEI: R8V1FN4M5ITGZOG7BS19 | Long             | EC               | CORP              | US        |     42949 | NS      | $4276002.44   | 0.17%             |  |  |  | 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        |     39458 | NS      | $7255142.46   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| MSCI Inc.                                   | MSCI Inc. COM USD0.01                                               | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |     19538 | NS      | $11499089.90  | 0.46%             |  |  |  | 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        |    124140 | NS      | $22115541.00  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCard Incorporated                     | MasterCard Incorporated COM USD0.0001 CLASS A                       | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |    208446 | NS      | $115060107.54 | 4.65%             |  |  |  | No            |                  1 | On Loan: No      |
| MetLife Inc.                                | MetLife Inc. COM USD0.01                                            | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |    141057 | NS      | $11259169.74  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Moodys Corp.                                | Moodys Corp COM USD0.01                                             | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |     38955 | NS      | $18710086.50  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                              | Morgan Stanley COM USD0.01                                          | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |    306347 | NS      | $50240908.00  | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq Inc                                  | Nasdaq Inc COM USD0.01                                              | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |    114461 | NS      | $9785270.89   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Trust Corporation                  | Northern Trust Corporation COM USD1.666                             | CUSIP: 665859104<br>LEI: 549300GLF98S992BC502 | Long             | EC               | CORP              | US        |     48289 | NS      | $6213345.63   | 0.25%             |  |  |  | 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        |     99441 | NS      | $18152954.55  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Paypal Holdings Inc.                        | Paypal Holdings Incorporation COM USD0.0001                         | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |    241240 | NS      | $16710694.80  | 0.68%             |  |  |  | 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        |     55480 | NS      | $5688364.40   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal Financial Group Inc.              | Principal Financial Group COM USD0.01                               | CUSIP: 74251V102<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | EC               | CORP              | US        |     51188 | NS      | $4301839.52   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| The Progressive Corporation                 | The Progressive Corporation COM USD1.00                             | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |    148020 | NS      | $30492120.00  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Prudential Financial, Inc.                  | Prudential Financial, Inc. COM USD0.01                              | CUSIP: 744320102<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EC               | CORP              | US        |     88882 | NS      | $9243728.00   | 0.37%             |  |  |  | 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        |     44805 | NS      | $7109209.35   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Regions Financial Corporation               | Regions Financial Corporation COM STK USD0.01                       | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |    225318 | NS      | $5452695.60   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets Inc                       | ROBINHOOD MARKETS INC - A                                           | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |    195432 | NS      | $28685508.96  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                              | S&P Global Inc COM USD1                                             | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     78911 | NS      | $38446228.31  | 1.55%             |  |  |  | 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        |    430855 | NS      | $40724414.60  | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Block Inc                                   | BLOCK INC                                                           | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |    138773 | NS      | $10538421.62  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp.                          | State Street Corporation COM STK USD1                               | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |     71636 | NS      | $8285419.76   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchrony Financial                         | Synchrony Financial COM USD0.001                                    | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |     93947 | NS      | $6987777.86   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Companies, Inc.                   | Travelers Companies, Inc. COM NPV                                   | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |     56847 | NS      | $15270241.14  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corp.                      | Truist Financial Corporation COM                                    | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |    325594 | NS      | $14531260.22  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. Bancorp.                               | U.S. Bancorp. COM USD0.01                                           | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |    392952 | NS      | $18342999.36  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                    | Visa Inc COM STK USD0.0001                                          | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |    428933 | NS      | $146154630.42 | 5.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co.                           | Wells Fargo & Company COM USD1.666                                  | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    808897 | NS      | $70349772.09  | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon PLC                                     | Aon PLC COM USD0.01 CL A                                            | CUSIP: G0403H108<br>LEI: 635400FALWQYX5E6QC64 | Long             | EC               | CORP              | IE        |     54448 | NS      | $18549344.64  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Arch Capital Group Ltd.                     | Arch Capital Group Ltd. COM USD0.01                                 | CUSIP: G0450A105<br>LEI: 549300AYR4P8AFKDCE43 | Long             | EC               | CORP              | BM        |     93858 | NS      | $8100883.98   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Everest Group Ltd                           | Everest Re Group Ltd. COM USD0.01                                   | CUSIP: G3223R108<br>LEI: 549300N24XF2VV0B3570 | Long             | EC               | CORP              | BM        |     10591 | NS      | $3331081.32   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Ltd                                 | Invesco Ltd COM STK USD0.20                                         | CUSIP: G491BT108<br>LEI: ECPGFXU8A2SHKVVGJI15 | Long             | EC               | CORP              | BM        |    112608 | NS      | $2668809.60   | 0.11%             |  |  |  | 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              | IE        |     24634 | NS      | $7712905.40   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd.                                  | Chubb Limited ORD CHF24.15                                          | CUSIP: H1467J104<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |     93628 | NS      | $25929338.32  | 1.05%             |  |  |  | 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      | $18347654.23  | 0.74%             |  |  |  | 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      | $7439685.48   | 0.30%             |  |  |  | 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      | $9635691.66   | 0.39%             |  |  |  | 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      | $20760779.00  | 0.84%             |  |  |  | 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      | $12960577.56  | 0.52%             |  |  |  | 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      | $17998763.86  | 0.73%             |  |  |  | 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      | $8749789.38   | 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      | $64495236.99  | 2.61%             |  |  |  | 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        | 263341009 | PA      | $263341009.22 | 10.64%            |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN FINANCIAL                           | GOLDMAN FINL SQ TRSRY INST 506                                      | CUSIP: N/A<br>LEI: 549300DAH6N80PM31E83       | Long             | STIV             | RF                | US        | 249665510 | PA      | $249665510.32 | 10.09%            |  |  |  | No            |                  1 | On Loan: No      |
| DREYFUS                                     | DREYFUS TRSRY SECURITIES CASH MGMT                                  | CUSIP: S99991620<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  50139277 | PA      | $50139276.76  | 2.03%             |  |  |  | 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        |    412680 | PA      | $412679.53    | 0.02%             |  |  |  | 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