Direxion Daily S&P Biotech Bull 3X Shares (LABU)

• Market cap: $710M
• 1 day: -0.52%
• 5 days: -10.06%
• 1 month: -20.71%
• 3 months: -28.19%
• 6 months: -20.52%
• Year to date: -25.44%
• 1 year: -24.00%
• 5 years: -92.47%
• 10 years: -97.01%

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

86% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 7

60% more call options, than puts

Call options by funds: $123M | Put options by funds: $77.1M

17% more funds holding

Funds holding: 36 [Q2] → 42 (+6) [Q3]

0.16% less ownership

Funds ownership: 5.64% [Q2] → 5.48% (-0.16%) [Q3]

13% less capital invested

Capital invested by funds: $60M [Q2] → $51.9M (-$8.04M) [Q3]

59% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 17