NPORT-P
    false
    
      
      
        
          0001424958
          XXXXXXXX
        
      
      
      
      
        S000034516
        C000106084
      
      
      
    
  
  
    
      Direxion Shares ETF Trust
      811-22201
      0001424958
      549300M501IVJM50FG12
      1301 Avenue of the Americas (6th Avenue)
      28th Floor
      New York
      
      10019
      646-572-3390
      Direxion Daily Junior Gold Miners Index Bull 2X Shares
      S000034516
      549300ZCVTX7WZ06QV11
      2021-10-31
      2021-07-31
      N
    
    
      617521993.350000000000
      745526.550000000000
      616776466.800000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      0.000000000000
      N
      
        
          
        
        
          
            
            
            
            
              
              
              
            
          
        
        
        
        
      
      
      
      
      
      
    
    
      
        N/A
        N/A
        VANECK JR GOLD MINERS
        92189F791
        
          
          
        
        4292204.00
        NS
        USD
        196711709.32
        31.8935173290
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        N/A
        N/A
        VANECK VECTORS JUNIOR GOLD MINERS ETF SWAP
        N/A
        
          
        
        1
        NC
        USD
        -3188248.19
        -0.5169211800
        N/A
        DE
        
        US
        N
        
        2
        
          
            
              Credit Suisse International
              E58DKGMJYYYJLN8C3868
            
            
              
                N/A
                GDXJ
              
            
            Y
            
              
                
              
            
            
              
                
              
            
            2021-12-07
            0.000000000000
            USD
            0.000000000000
            USD
            81423044.56
            USD
            -3188248.19
          
        
        
          N
          N
          N
        
      
      
        N/A
        N/A
        VANECK VECTORS JUNIOR GOLD MINERS ETF SWAP
        N/A
        
          
        
        1
        NC
        USD
        -47216466.83
        -7.6553612810
        N/A
        DE
        
        US
        N
        
        2
        
          
            
              BNP Paribas
              R0MUWSFPU8MPRO8K5P83
            
            
              
                N/A
                GDXJ
              
            
            Y
            
              
                
              
            
            
              
                
              
            
            2021-10-20
            0.000000000000
            USD
            0.000000000000
            USD
            294001191.54
            USD
            -47216466.83
          
        
        
          N
          N
          N
        
      
      
        N/A
        N/A
        VANECK VECTORS JUNIOR GOLD MINERS ETF SWAP
        N/A
        
          
        
        1
        NC
        USD
        -28948415.04
        -4.6935018760
        N/A
        DE
        
        US
        N
        
        2
        
          
            
              Citibank National Association
              E57ODZWZ7FF32TWEFA76
            
            
              
                N/A
                GDXJ
              
            
            Y
            
              
                
              
            
            
              
                
              
            
            2021-12-10
            0.000000000000
            USD
            0.000000000000
            USD
            582960487.29
            USD
            -28948415.04
          
        
        
          N
          N
          N
        
      
      
        N/A
        N/A
        VANECK VECTORS JUNIOR GOLD MINERS ETF SWAP
        N/A
        
          
        
        1
        NC
        USD
        -3044284.09
        -0.4935798063
        N/A
        DE
        
        US
        N
        
        2
        
          
            
              J.P. MORGAN SECURITIES LLC.
              ZBUT11V806EZRVTWT807
            
            
              
                N/A
                GDXJ
              
            
            Y
            
              
                
              
            
            
              
                
              
            
            2021-12-08
            0.000000000000
            USD
            0.000000000000
            USD
            48220355.31
            USD
            -3044284.09
          
        
        
          N
          N
          N
        
      
      
        N/A
        N/A
        VANECK VECTORS JUNIOR GOLD MINERS ETF SWAP
        N/A
        
          
        
        1
        NC
        USD
        -6819127.18
        -1.1056075494
        N/A
        DE
        
        US
        N
        
        2
        
          
            
              UBS AG
              BFM8T61CT2L1QCEMIK50
            
            
              
                N/A
                GDXJ
              
            
            Y
            
              
                
              
            
            
              
                
              
            
            2021-12-10
            0.000000000000
            USD
            0.000000000000
            USD
            37998386.28
            USD
            -6819127.18
          
        
        
          N
          N
          N
        
      
      
        DREYFUS GOVERNMENT CASH MANAGEMENT
        N/A
        DREYFUS GOV'T CASH MGMT -INSTITUTIONAL CUSIP 262006208 DGCXX (#289)
        N/A
        
          
        
        329837103.3500
        PA
        USD
        329837103.3500
        53.4775759298
        Long
        STIV
        RF
        US
        N
        
        1
        
          
          N
          N
        
      
      
        GOLDMAN FINANCIAL
        549300DAH6N80PM31E83
        GOLDMAN FINL SQ TRSRY INST 506
        N/A
        
          
        
        180201772.02
        PA
        USD
        180201772.02
        29.2167068168
        Long
        STIV
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
    
    
      2021-09-27
      Direxion Shares ETF Trust
      Patrick Rudnick
      Patrick Rudnick
      Principal Executive Officer, Principal Financial Officer
    
  
  XXXX




HTML

Direxion Auspice Broad Commodity Strategy ETF (Consolidated)

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

SHORT TERM INVESTMENTS - 77.7%

  

Money Market Funds - 77.7%

  
166,014,504    Dreyfus Government Cash Management Institutional Shares, 0.03% (a)    $ 166,014,504  
     

 

 

 
   TOTAL SHORT TERM INVESTMENTS (Cost $166,014,504)    $ 166,014,504  
     

 

 

 
   TOTAL INVESTMENTS (Cost $166,014,504) - 77.7%    $ 166,014,504  
   Other Assets in Excess of Liabilities - 22.3% (b)      47,595,615  
     

 

 

 
   TOTAL NET ASSETS - 100.0%    $ 213,610,119  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a) 

Represents annualized seven-day yield at July 31, 2021.

(b) 

$11,159,243 of cash is pledged as collateral for futures contracts.

Long Futures Contracts (Unaudited)

July 31, 2021

 

Reference Entity

   Expiration Date      Number of Contracts      Notional Amount      Variation Margin
Receivable/
(Payable), net
    Unrealized
Appreciation/
(Depreciation)
 

Copper

     9/28/2021        150      $ 16,809,375      $ (153,750   $ 188,550  

Corn

     12/14/2021        429        11,695,612        (241,312     419,832  

Cotton No. 2

     12/8/2021        434        19,397,630        (199,640     1,106,843  

Gasoline RBOB

     11/30/2021        171        15,102,310        55,301       3,296,345  

Natural Gas

     4/27/2022        396        12,624,480        (55,440     1,692,394  

NY Harbor ULSD

     11/30/2021        190        17,488,968        36,708       595,352  

Silver

     9/28/2021        44        5,620,340        (51,700     (102,025

Soybean

     11/12/2021        255        17,202,937        (363,375     1,137,637  

Sugar

     4/29/2022        852        16,670,573        (276,730     1,702,547  

Wheat

     12/14/2021        439        15,650,350        (16,462     890,530  

WTI Crude Oil

     5/20/2022        197        13,344,780        19,700       1,321,015  
        

 

 

    

 

 

   

 

 

 
         $ 161,607,355      $ (1,246,700   $ 12,249,020  
        

 

 

    

 

 

   

 

 

 


Direxion Connected Consumer ETF

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

COMMON STOCKS - 99.9%

  

Administrative and Support Services - 2.0%

  

1,164

  

Teladoc Health, Inc. (a)

   $ 172,796  
     

 

 

 

Ambulatory Health Care Services - 4.8%

  

5,297

  

1Life Healthcare, Inc. (a)

     143,231  

9,317

  

MEDNAX, Inc. (a)

     271,311  
     

 

 

 
        414,542  
     

 

 

 

Amusement, Gambling, and Recreation Industries - 4.6%

  

12,269

  

Nautilus, Inc. (a)

     177,287  

1,231

  

The Walt Disney Co. (a)

     216,681  
     

 

 

 
        393,968  
     

 

 

 

Broadcasting (except Internet) - 3.0%

  

4,403

  

Comcast Corp. Class A

     259,028  
     

 

 

 

Chemical Manufacturing - 1.7%

  

14,513

  

LifeMD, Inc. (a)(b)

     142,373  
     

 

 

 

Computer and Electronic Product Manufacturing - 11.5%

  

1,939

  

Apple, Inc.

     282,823  

1,850

  

NVIDIA Corp.

     360,731  

11,676

  

Vuzix Corp. (a)(b)

     172,805  

15,251

  

Zepp Health Corp. ADR (China) (a)

     169,896  
     

 

 

 
        986,255  
     

 

 

 

Educational Services - 12.1%

  

2,321

  

Grand Canyon Education, Inc. (a)

     214,391  

12,858

  

New Oriental Education & Technology Group, Inc. ADR (China) (a)

     27,902  

   20,322

  

Perdoceo Education Corp. (a)

     241,019  

2,992

  

Strategic Education Inc.

     237,235  

9,795

  

Stride, Inc. (a)

     300,315  

3,096

  

TAL Education Group ADR (China) (a)

     18,793  
     

 

 

 
        1,039,655  
     

 

 

 

Insurance Carriers and Related Activities - 2.6%

  

4,247

  

eHealth, Inc. (a)

     220,886  
     

 

 

 

Miscellaneous Manufacturing - 4.8%

  

2,189

  

Peloton Interactive, Inc. (a)

     258,411  

21,701

  

SmileDirectClub, Inc. (a)(b)

     153,209  
     

 

 

 
        411,620  
     

 

 

 

Motion Picture and Sound Recording Industries - 5.4%

  

455

  

Netflix, Inc. (a)

     235,494  

1,314

  

Take-Two Interactive Software, Inc. (a)

     227,874  
     

 

 

 
        463,368  
     

 

 

 

Nonstore Retailers - 3.1%

  

79

  

Amazon.com, Inc. (a)

     262,880  
     

 

 

 

Other Information Services - 5.5%

  

2,638

  

Chegg, Inc. (a)

     233,806  

3,339

  

Twitter, Inc. (a)

     232,895  
     

 

 

 
        466,701  
     

 

 

 

Performing Arts, Spectator Sports, and Related Industries - 5.5%

  

2,526

  

Activision Blizzard, Inc.

     211,224  

1,777

  

Electronic Arts, Inc.

     255,817  
     

 

 

 
        467,041  
     

 

 

 

Professional, Scientific, and Technical Services - 13.4%

  

6,426

  

2U, Inc. (a)

     278,888  

926

  

Facebook, Inc. (a)

     329,934  

3,941

  

Snap, Inc. (a)

     293,289  

4,274

  

Weibo Corp. ADR (China) (a)

     241,054  
     

 

 

 
        1,143,165  
     

 

 

 

Publishing Industries (except Internet) - 10.9%

  

2,718

  

GSX Techedu, Inc. ADR (China) (a)(b)

     8,670  

4,621

  

John Wiley & Sons, Inc. Class A

     271,622  

1,039

  

Microsoft Corp.

     296,022  

649

  

Twilio, Inc. (a)

     242,460  

26,578

  

WiMi Hologram Cloud, Inc. ADR (China) (a)(b)

     110,565  
     

 

 

 
        929,339  
     

 

 

 

Specialty Trade Contractors - 2.6%

  

2,206

  

NetEase.com, Inc. ADR (China)

     225,475  
     

 

 

 

Telecommunications - 6.4%

  

7,093

  

8x8 Inc. (a)

     181,297  

1,908

  

JOYY, Inc. ADR (China)

     101,983  

691

  

Zoom Video Communications, Inc. (a)

     261,267  
     

 

 

 
        544,547  
     

 

 

 
  

TOTAL COMMON STOCKS (Cost $8,371,735)

   $ 8,543,639  
     

 

 

 

SHORT TERM INVESTMENTS - 0.3%

  

Money Market Funds - 0.3%

  

26,880

   Dreyfus Government Cash Management Institutional Shares, 0.03% (c)(d)    $ 26,880  
     

 

 

 
   TOTAL SHORT TERM INVESTMENTS (Cost $26,880)    $ 26,880  
     

 

 

 
   TOTAL INVESTMENTS (Cost $8,398,615) - 100.2%    $ 8,570,519  
   Liabilities in Excess of Other Assets - (0.2)%      (14,548
     

 

 

 
   TOTAL NET ASSETS - 100.0%    $ 8,555,971  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a) 

Non-income producing security.

(b) 

A portion of this security represents a security on loan.

(c) 

Represents annualized seven-day yield at July 31, 2021.

(d) 

All or a portion of this security represents an investment of securities lending collateral.

ADR - American Depository Receipt


Direxion Dynamic Hedge ETF

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

INVESTMENT COMPANIES - 95.5%

  
12,588    iShares Core S&P 500 ETF (a)    $ 5,543,755  
     

 

 

 
   TOTAL INVESTMENT COMPANIES (Cost $4,077,872)    $ 5,543,755  
     

 

 

 
   TOTAL INVESTMENTS (Cost $4,077,872) - 95.5%    $ 5,543,755  
   Other Assets in Excess of Liabilities - 4.5% (b)      261,694  
     

 

 

 
   TOTAL NET ASSETS - 100.0%    $ 5,805,449  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a) 

Shareholders may obtain the financial statements of these investment companies at www.sec.gov.

(b) 

$12,100 of cash is pledged as collateral for futures contracts.

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to
be Paid at Termination

  

Counterparty

   Termination
Date
     Contracts      Notional
Amount
     Unrealized
Appreciation
 

Total return of S&P 500® Index

   0.2866% representing 1 month LIBOR rate + spread    Credit Suisse Capital LLC      12/7/2021        15      $ 64,769      $ 1,219  
              

 

 

    

 

 

 

Short Futures Contracts (Unaudited)

July 31, 2021

 

Reference Entity

   Expiration Date    Number of Contracts      Notional Amount      Variation Margin
Receivable/
(Payable), Net
     Unrealized
Depreciation
 

E-mini S&P 500

   9/17/2021      1      $ 219,475      $ 1,115      $ (3,679
        

 

 

    

 

 

    

 

 

 


Direxion Fallen Knives ETF

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

COMMON STOCKS - 99.8%

  

Administrative and Support Services - 1.9%

  

1,805

  

Revolve Group, Inc. (a)

   $ 125,646  

1,762

  

TrueBlue Inc. (a)

     47,909  
     

 

 

 
        173,555  
     

 

 

 

Ambulatory Health Care Services - 4.3%

  

2,545

  

Novocure Ltd. ADR (Israel) (a)

     391,955  
     

 

 

 

Apparel Manufacturing - 3.7%

  

9,875

  

Gildan Activewear Inc. ADR (Canada)

     340,589  
     

 

 

 

Beverage and Tobacco Product Manufacturing - 0.4%

  

652

  

MGP Ingredients, Inc.

     38,892  
     

 

 

 

Chemical Manufacturing - 7.3%

  

3,365

  

bluebird bio, Inc. (a)

     85,505  

580

  

Eagle Pharmaceuticals, Inc. (a)

     26,970  

899

  

Inter Parfums, Inc.

     69,106  

2,598

  

Jazz Pharmaceuticals PLC ADR (Ireland) (a)

     440,413  

2,717

  

Vanda Pharmaceuticals, Inc. (a)

     44,314  
     

 

 

 
        666,308  
     

 

 

 

Computer and Electronic Product Manufacturing - 2.4%

  

1,754

  

Ambarella Inc. (a)

     172,751  

1,106

  

IMPINJ, Inc. (a)

     50,876  
     

 

 

 
        223,627  
     

 

 

 

Credit Intermediation and Related Activities - 17.7%

  

877

  

BancFirst Corp.

     48,656  

11,171

  

Fifth Third Bancorp

     405,396  

5,986

  

Hope Bancorp, Inc.

     79,314  

29,892

  

Huntington Bancshares, Inc.

     420,879  

5,847

  

PacWest Bancorp

     232,827  

4,719

  

Western Alliance Bancorp

     438,018  
     

 

 

 
        1,625,090  
     

 

 

 

Data Processing, Hosting and Related Services - 6.2%

  

10,181

  

Pagseguro Digital Ltd ADR (Brazil) (a)

     564,435  
     

 

 

 

Educational Services - 3.8%

  

2,323

  

Grand Canyon Education, Inc. (a)

     214,576  

3,462

  

Perdoceo Education Corp. (a)

     41,059  

1,217

  

Strategic Education Inc.

     96,496  
     

 

 

 
        352,131  
     

 

 

 

Electrical Equipment, Appliance, and Component Manufacturing - 3.4%

  

1,787

  

Acuity Brands, Inc.

     313,404  
     

 

 

 

Fabricated Metal Product Manufacturing - 3.2%

  

1,254

  

RBC Bearings, Inc. (a)

     294,690  
     

 

 

 

Food Manufacturing - 1.3%

  

753

  

J&J Snack Foods Corp.

     123,778  
     

 

 

 

Food Services and Drinking Places - 1.5%

  

3,585

  

Yelp, Inc. (a)

     134,079  
     

 

 

 

Insurance Carriers and Related Activities - 15.0%

  

3,829

  

Cincinnati Financial Corp.

     451,363  

1,400

  

Employers Holdings, Inc.

     58,128  

5,573

  

Essent Group Ltd. ADR (Bermuda)

     251,732  

1,350

  

Mercury General Corp.

     82,120  

4,286

  

NMI Holdings Inc. (a)

     94,378  

3,435

  

Reinsurance Group of America, Inc.

     378,468  

721

  

Safety Insurance Group, Inc.

     55,243  
     

 

 

 
        1,371,432  
     

 

 

 

Leather and Allied Product Manufacturing - 1.9%

  

3,945

  

Steven Madden Ltd.

     172,909  
     

 

 

 

Machinery Manufacturing - 2.4%

  

1,769

  

Dril-Quip, Inc. (a)

     50,558  

2,256

  

Glaukos Corp. (a)

     115,056  

5,548

  

NOW Inc. (a)

     54,759  
     

 

 

 
        220,373  
     

 

 

 

Merchant Wholesalers, Nondurable Goods - 1.0%

  

2,239

  

Core-Mark Holding Co., Inc.

     96,367  
     

 

 

 

Miscellaneous Manufacturing - 1.2%

  

726

  

Anika Therapeutics, Inc. (a)

     29,135  

981

  

Inogen Inc. (a)

     78,254  
     

 

 

 
        107,389  
     

 

 

 

Oil and Gas Extraction - 0.5%

  

2,194

  

Brigham Minerals Inc.

     43,090  
     

 

 

 

Primary Metal Manufacturing - 3.7%

  

788

  

Kaiser Aluminum Corp.

     95,884  

11,834

  

Tenaris S.A. ADR (Luxembourg)

     241,887  
     

 

 

 
        337,771  
     

 

 

 

Professional, Scientific, and Technical Services - 6.1%

  

4,387

  

Exact Sciences Corp. (a)

     473,094  

6,573

  

MOMO, Inc. ADR (China)

     81,440  
     

 

 

 
        554,534  
     

 

 

 

Rental and Leasing Services - 2.2%

  

3,382

  

PROG Holdings, Inc

     148,030  

1,705

  

The Aaron’s Company, Inc

     49,223  
     

 

 

 
        197,253  
     

 

 

 

Specialty Trade Contractors - 3.6%

  

2,722

  

EMCOR Group, Inc.

     331,567  
     

 

 

 

Support Activities for Mining - 2.0%

  

5,288

  

Helmerich & Payne, Inc.

     151,607  

3,816

  

ProPetro Holding Corp. (a)

     28,811  
     

 

 

 
        180,418  
     

 

 

 

Transportation Equipment Manufacturing - 3.1%

  

2,129

  

HEICO Corp. Class A

     287,947  
     

 

 

 
  

TOTAL COMMON STOCKS (Cost $7,711,326)

   $ 9,143,583  
     

 

 

 


SHORT TERM INVESTMENTS - 0.2%

  

Money Market Funds - 0.2%

  

18,331

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (b)

   $ 18,331  
     

 

 

 

                

   TOTAL SHORT TERM INVESTMENTS (Cost $18,331)    $ 18,331  
     

 

 

 
   TOTAL INVESTMENTS (Cost $7,729,657) - 100.0%    $ 9,161,914  
   Liabilities in Excess of Other Assets - (0.0)% ()      (2,756
     

 

 

 
   TOTAL NET ASSETS - 100.0%    $ 9,159,158  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

()

Less than 0.05%.

(a)

Non-income producing security.

(b)

Represents annualized seven-day yield at July 31, 2021.

ADR - American Depository Receipt


Direxion Flight to Safety Strategy ETF (Consolidated)

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

COMMON STOCKS - 25.5%

  

Pipeline Transportation - 0.1%

  

404

  

DT Midstream, Inc. (a)

   $ 17,130  
     

 

 

 

Utilities - 25.4%

  

1,057

  

Alliant Energy Corp.

     61,866  

1,038

  

Ameren Corp.

     87,109  

2,102

  

American Electric Power Co., Inc.

     185,228  

766

  

American Water Works Co., Inc.

     130,304  

530

  

Atmos Energy Corp.

     52,253  

240

  

Avangrid, Inc.

     12,514  

2,298

  

CenterPoint Energy, Inc.

     58,507  

1,207

  

CMS Energy Corp.

     74,580  

1,446

  

Consolidated Edison, Inc.

     106,671  

3,448

  

Dominion Energy, Inc.

     258,152  

809

  

DTE Energy Co.

     94,912  

3,114

  

Duke Energy Corp.

     327,313  

1,602

  

Edison International

     87,309  

845

  

Entergy Corp.

     86,967  

957

  

Evergy, Inc.

     62,416  

1,448

  

Eversource Energy

     124,919  

4,118

  

Exelon Corp.

     192,722  

2,293

  

FirstEnergy Corp.

     87,868  

8,282

  

NextEra Energy, Inc.

     645,168  

1,616

  

NiSource, Inc.

     40,028  

6,376

  

PG&E Corp. (a)

     56,045  

475

  

Pinnacle West Capital Corp.

     39,686  

3,255

  

PPL Corp.

     92,344  

2,139

  

Public Service Enterprise Group, Inc.

     133,110  

1,224

  

Sempra Energy

     159,916  

4,468

  

Southern Co.

     285,371  

1,334

  

WEC Energy Group, Inc.

     125,583  

2,219

  

Xcel Energy, Inc.

     151,447  
     

 

 

 
        3,820,308  
     

 

 

 
  

TOTAL COMMON STOCKS (Cost $3,978,417)

   $ 3,837,438  
     

 

 

 

INVESTMENT COMPANIES - 64.8%

  

52,611

  

iShares 20+ Year Treasury Bond ETF (b)

   $ 7,866,397  

54,392

  

iShares Gold Trust (b)

     1,879,787  
     

 

 

 
  

TOTAL INVESTMENT COMPANIES (Cost $9,221,489)

   $ 9,746,184  
     

 

 

 

SHORT TERM INVESTMENTS - 2.2%

  

Money Market Funds - 2.2%

  

324,986

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (c)

   $ 324,986  
     

 

 

 
   TOTAL SHORT TERM INVESTMENTS (Cost $324,986)    $ 324,986  
     

 

 

 
   TOTAL INVESTMENTS (Cost $13,524,892) - 92.5%    $ 13,908,608  
   Other Assets in Excess of Liabilities - 7.5% (d)      1,135,961  
     

 

 

 
   TOTAL NET ASSETS - 100.0%    $ 15,044,569  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Non-income producing security.

(b)

Shareholders may obtain the financial statements of these investment companies at www.sec.gov.

(c)

Represents annualized seven-day yield at July 31, 2021.

(d)

$79,200 of cash is pledged as collateral for futures contracts.

Long Futures Contracts (Unaudited)

July 31, 2021

 

Reference Entity

   Expiration Date      Number of Contracts      Notional Amount      Variation
Margin Payable,
net
    Unrealized
Appreciation
 

Gold

     10/27/2021        8      $ 1,451,600      $ (14,960   $ 10,130  
        

 

 

    

 

 

   

 

 

 


Direxion High Growth ETF

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

COMMON STOCKS - 99.9%

  

Administrative and Support Services - 2.3%

  

242

  

Accenture PLC Class A ADR (Ireland)

   $ 76,879  

137

  

Automatic Data Processing, Inc.

     28,719  

29

  

Booking Holdings, Inc. (a)

     63,169  

191

  

Moody’s Corp.

     71,816  

317

  

Visa, Inc. Class A

     78,106  
     

 

 

 
        318,689  
     

 

 

 

Amusement, Gambling, and Recreation Industries - 0.3%

  

208

  

The Walt Disney Co. (a)

     36,612  
     

 

 

 

Beverage and Tobacco Product Manufacturing - 0.7%

  

64

  

Boston Beer Co., Inc. Class A (a)

     45,440  

240

  

Monster Beverage Corp. (a)

     22,637  

253

  

Philip Morris International, Inc.

     25,323  
     

 

 

 
        93,400  
     

 

 

 

Broadcasting (except Internet) - 0.6%

  

674

  

Comcast Corp. Class A

     39,651  

95

  

Roku, Inc. (a)

     40,690  
     

 

 

 
        80,341  
     

 

 

 

Building Material and Garden Equipment and Supplies Dealers - 0.7%

  

237

  

Lowe’s Companies, Inc.

     45,667  

161

  

The Home Depot, Inc.

     52,839  
     

 

 

 
        98,506  
     

 

 

 

Chemical Manufacturing - 3.2%

  

567

  

Abbott Laboratories

     68,595  

678

  

Johnson & Johnson

     116,751  

360

  

Merck & Co., Inc.

     27,673  

689

  

Olin Corp.

     32,404  

886

  

Pfizer, Inc.

     37,930  

751

  

Procter & Gamble Co.

     106,815  

105

  

Vertex Pharmaceuticals, Inc. (a)

     21,166  

96

  

West Pharmaceutical Services, Inc.

     39,526  
     

 

 

 
        450,860  
     

 

 

 

Clothing and Clothing Accessories Stores - 0.3%

  

591

  

TJX Companies, Inc.

     40,667  
     

 

 

 

Computer and Electronic Product Manufacturing - 11.0%

  

8,580

  

Apple, Inc.

     1,251,479  

1,085

  

Cisco Systems, Inc.

     60,076  

80

  

IDEXX Laboratories, Inc. (a)

     54,282  

258

  

Micron Technology, Inc. (a)

     20,016  

552

  

Texas Instruments, Inc.

     105,222  

81

  

Thermo Fisher Scientific, Inc.

     43,741  
     

 

 

 
        1,534,816  
     

 

 

 

Construction of Buildings - 0.1%

  

214

  

D.R. Horton, Inc.

     20,422  
     

 

 

 

Couriers and Messengers - 1.6%

  

158

  

FedEx Corp.

     44,232  

967

  

United Parcel Service, Inc. Class B

     185,045  
     

 

 

 
        229,277  
     

 

 

 

Credit Intermediation and Related Activities - 3.4%

  

682

  

Ally Financial, Inc.

     35,027  

761

  

Bank of America Corp.

     29,192  

374

  

Discover Financial Services

     46,496  

282

  

JPMorgan Chase & Co.

     42,802  

231

  

MasterCard, Inc. Class A

     89,152  

71

  

SVB Financial Group (a)

     39,047  

637

  

Synchrony Financial

     29,952  

3,578

  

Wells Fargo & Co.

     164,373  
     

 

 

 
        476,041  
     

 

 

 

Electrical Equipment, Appliance, and Component Manufacturing - 1.2%

  

418

  

Generac Holdings, Inc. (a)

     175,292  
     

 

 

 

Fabricated Metal Product Manufacturing - 0.2%

  

266

  

Nucor Corp.

     27,669  
     

 

 

 

Food Services and Drinking Places - 0.9%

  

1,021

  

Starbucks Corp.

     123,980  
     

 

 

 


Gasoline Stations - 0.3%

  

375

   Chevron Corp.      38,179  
     

 

 

 

General Merchandise Stores - 2.3%

  

142

   Costco Wholesale Corp.      61,020  

152

   Dollar General Corp.      35,361  

530

   Target Corp.      138,357  

621

   Wal-Mart Stores, Inc.      88,524  
     

 

 

 
        323,262  
     

 

 

 

Insurance Carriers and Related Activities - 6.1%

  

70

   Alleghany Corp. (a)      46,417  

197

   Allstate Corp.      25,620  

102

   Anthem, Inc.      39,169  

761

   Arch Capital Group Ltd. ADR (a)      29,679  

1,081

   Berkshire Hathaway, Inc. Class B (a)      300,831  

263

   Cigna Corp.      60,356  

143

   Cincinnati Financial Corp.      16,857  

193

   Everest Re Group Ltd. ADR      48,796  

17

   Markel Corp. (a)      20,505  

146

   Marsh & McLennan Companies, Inc.      21,494  

1,624

   Progressive Corp.      154,540  

207

   UnitedHealth Group, Inc.      85,330  
     

 

 

 
        849,594  
     

 

 

 

Leather and Allied Product Manufacturing - 0.7%

  

442

   NIKE, Inc. Class B      74,040  

567

   Tapestry, Inc. (a)      23,984  
     

 

 

 
        98,024  
     

 

 

 

Machinery Manufacturing - 3.1%

  

136

   AGCO Corp.      17,967  

1,036

   Applied Materials, Inc.      144,968  

282

   Deere & Co.      101,968  

739

   General Electric Co.      76,560  

74

   Lam Research Corp.      47,168  

15

   Mettler-Toledo International, Inc. (a)      22,106  

134

   Trane Technologies PLC ADR (Ireland)      27,284  
     

 

 

 
        438,021  
     

 

 

 

Management of Companies and Enterprises - 2.5%

  

2,150

   Capital One Financial Corp.      347,655  
     

 

 

 

Merchant Wholesalers, Durable Goods - 0.5%

  

145

   Pool Corp.      69,284  
     

 

 

 

Mining (except Oil and Gas) - 1.1%

  

4,162

   Freeport-McMoRan Copper & Gold, Inc.      158,572  
     

 

 

 

Miscellaneous Manufacturing - 1.1%

  

177

   Align Technology, Inc. (a)      123,157  

33

   Intuitive Surgical, Inc. (a)      32,718  
     

 

 

 
        155,875  
     

 

 

 

Nonstore Retailers - 8.9%

  

373

   Amazon.com, Inc. (a)      1,241,191  
     

 

 

 

Other Information Services - 15.3%

  

384

   Alphabet, Inc. Class A (a)      1,034,700  

393

   Alphabet, Inc. Class C (a)      1,062,837  

598

   Pinterest, Inc. (a)      35,222  
     

 

 

 
        2,132,759  
     

 

 

 

Petroleum and Coal Products Manufacturing - 0.7%

  

1,652

   Exxon Mobil Corp.      95,106  
     

 

 

 

Primary Metal Manufacturing - 0.4%

  

1,334

   ALCOA Corp. (a)      53,560  
     

 

 

 

Professional, Scientific, and Technical Services - 5.8%

  

66

   EPAM Systems, Inc. (a)      36,947  

1,895

   Facebook, Inc. (a)      675,189  

234

   Moderna, Inc. (a)      82,742  

201

   Paychex, Inc.      22,878  
     

 

 

 
        817,756  
     

 

 

 

Publishing Industries (except Internet) - 8.2%

  

206

   Adobe Systems, Inc. (a)      128,056  

74

   Intuit, Inc.      39,218  

2,911

   Microsoft Corp.      829,373  

928

   News Corp. Class A      22,857  

304

   Oracle Corp.      26,490  

392

   Square, Inc. (a)      96,926  
     

 

 

 
        1,142,920  
     

 

 

 


Real Estate - 0.5%

  

213

  

Public Storage

     66,558  
     

 

 

 

Rental and Leasing Services - 0.2%

  

328

  

Ryder System, Inc.

     24,977  
     

 

 

 

Securities, Commodity Contracts, and Other Financial Investments and Related Activities - 7.2%

  

37

   BlackRock, Inc.      32,085  

983

   Evercore, Inc.      129,953  

64

  

Goldman Sachs Group, Inc.

     23,992  

472

  

Janus Henderson Group PLC ADR (United Kingdom)

     19,748  

254

   Morgan Stanley      24,379  

190

  

MSCI, Inc. Class A

     113,232  

248

  

S&P Global, Inc.

     106,323  

961

   SLM Corp.      18,096  

1,647

  

T. Rowe Price Group, Inc.

     336,252  

111

  

Texas Pacific Land Corp.

     165,673  

264

  

The Blackstone Group, Inc.

     30,431  
     

 

 

 
        1,000,164  
     

 

 

 

Specialty Trade Contractors - 0.3%

  

470

  

Quanta Services, Inc.

     42,723  
     

 

 

 

Support Activities for Mining - 0.4%

  

410

  

Pioneer Natural Resources Co.

     59,602  
     

 

 

 

Support Activities for Transportation - 0.4%

  

432

  

Expeditors International of Washington, Inc.

     55,404  
     

 

 

 

Telecommunications - 0.5%

  

253

  

PayPal Holdings, Inc. (a)

     69,709  
     

 

 

 

Transportation Equipment Manufacturing - 5.3%

  

3,372

  

Ford Motor Co. (a)

     47,039  

70

  

Lockheed Martin Corp.

     26,017  

976

  

Tesla Motors, Inc. (a)

     670,707  
     

 

 

 
        743,763  
     

 

 

 

Utilities - 0.8%

  

1,288

  

Cheniere Energy, Inc. (a)

     109,390  
     

 

 

 

Waste Management and Remediation Services - 0.2%

  

346

  

Darling International, Inc. (a)

     23,898  
     

 

 

 

Wood Product Manufacturing - 0.6%

  

1,577

  

Louisiana-Pacific Corp.

     87,429  
     

 

 

 
  

TOTAL COMMON STOCKS (Cost $12,217,333)

   $ 13,951,947  
     

 

 

 

SHORT TERM INVESTMENTS - 0.1%

  

Money Market Funds - 0.1%

  

13,501

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (b)

   $ 13,501  
     

 

 

 
                 

TOTAL SHORT TERM INVESTMENTS (Cost $13,501)

   $ 13,501  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $12,230,834) - 100.0%

   $ 13,965,448  
  

Liabilities in Excess of Other Assets - (0.0)% ()

     (468
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 13,964,980  
     

 

 

 

Percentages are stated as a percent of net assets.    

The geographic location of all investments is United States unless otherwise indicated.    

 

()

Less than 0.05%.    

(a)

Non-income producing security.    

(b)

Represents annualized seven-day yield at July 31, 2021.    

ADR - American Depository Receipt    


Direxion Hydrogen ETF

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

COMMON STOCKS - 99.5%

  

Chemical Manufacturing - 38.6%

  

8,681

  

Air Liquide S.A. (France) (a)

   $ 1,508,884  

5,297

  

Air Products & Chemicals, Inc.

     1,541,586  

59,647

  

Cell Impact AB (Sweden) (a)

     340,797  

34,456

  

Doosan Fuel Cell Co., Ltd (South Korea) (a)

     1,469,304  

274,123

  

ITM Power (United Kingdom) (a)(b)

     1,563,383  

8,052

  

Linde PLC (Ireland) ADR

     2,475,104  

57,722

  

McPhy Energy SAS (France) (a)(b)

     1,166,332  

1,302,391

  

Nel ASA (Norway) (a)(b)

     2,489,105  

21,561

  

Nippon Sanso Holdings Corp. (Japan) (a)

     474,440  

10,117

  

Pungkuk Alcohol Industry Co., Ltd (South Korea) (a)

     166,674  
     

 

 

 
        13,195,609  
     

 

 

 

Computer and Electronic Product Manufacturing - 7.9%

  

124,555

  

Bloom Energy Corp.

     2,715,299  
     

 

 

 

Electrical Equipment, Appliance, and Component Manufacturing - 14.3%

  

96,585

  

(a)

     174,416  

99,398

  

Plug Power, Inc.

     2,711,577  

68,556

  

PowerCell Sweden AB (Sweden) (a)

     1,503,928  

2,781

  

VARTA AG (Germany) (a)

     481,630  
     

 

 

 
        4,871,551  
     

 

 

 

Heavy and Civil Engineering Construction - 0.5%

  

5,394

  

SK D&D Co., Ltd. (South Korea) (a)

     173,039  
     

 

 

 

Machinery Manufacturing - 1.8%

  

12,990

  

Hyundai Steel Co., Ltd (South Korea) (a)

     609,833  
     

 

 

 

Merchant Wholesalers, Durable Goods - 0.5%

  

2,522

  

Hyster-Yale Materials Handling, Inc.

     180,676  
     

 

 

 

Oil and Gas Extraction - 11.7%

  

164,289

  

CIMC Enric Holdings Limited (Hong Kong) (a)

     158,767  

373,651

  

ENEOS Holdings, Inc. (Japan) (a)

     1,564,398  

67,464

  

Eni S.p.A. (Italy) ADR

     1,585,404  

29,918

  

Idemitsu Kosan Co., Ltd (Japan) (a)

     701,676  
     

 

 

 
        4,010,245  
     

 

 

 

Primary Metal Manufacturing - 0.5%

  

93,543

  

Kaori Heat Treatment Co., Ltd. (Taiwan) (a)

     162,902  
     

 

 

 

Transportation Equipment Manufacturing - 8.5%

  

168,625

  

Ballard Power Systems, Inc. (Canada) ADR (b)

     2,726,666  

2,776

  

Lydall, Inc.

     169,891  
     

 

 

 
        2,896,557  
     

 

 

 

Utilities - 15.2%

  

119,179

  

Ceres Power Holdings PLC (United Kingdom) (a)

     1,671,919  

228,409

  

FuelCell Energy, Inc. (b)

     1,445,829  

5,424

  

Korea Gas Corp. (South Korea) (a)

     169,758  

10,758

  

S-Fuelcell Co., Ltd (South Korea) (a)

     322,202  

263,264

  

Snam S.p.A. (Italy) (a)

     1,593,358  
     

 

 

 
        5,203,066  
     

 

 

 
  

TOTAL COMMON STOCKS (Cost $37,477,299)

   $ 34,018,777  
     

 

 

 

SHORT TERM INVESTMENTS - 10.8%

  

Money Market Funds - 10.8%

  

3,687,985

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (c)(d)

   $ 3,687,985  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $3,687,985)

   $ 3,687,985  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $41,165,284) - 110.3%

   $ 37,706,762  
  

Liabilities in Excess of Other Assets - (10.3)%

     (3,518,246
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 34,188,516  
     

 

 

 

Percentages are stated as a percent of net assets.

 

(a)

Non-income producing security.

(b)

A portion of this security represents a security on loan.

(c)

Represents annualized seven-day yield at July 31, 2021.

(d)

All or a portion of this security represents an investment of securities lending collateral.


Direxion Low Priced Stock ETF

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

COMMON STOCKS - 99.8%

  

Broadcasting (except Internet) - 1.5%

  

32,780

  

Ideanomcs, Inc. (a)

   $ 77,689  
     

 

 

 

Chemical Manufacturing - 16.5%

  

24,346

  

Antares Pharma, Inc. (a)

     107,122  

52,517

  

Athersys, Inc. (a)

     85,603  

22,745

  

Chembio Diagnostics, Inc. (a)

     64,596  

11,424

  

Coty, Inc. Class A (a)

     99,731  

23,059

  

CymaBay Therapeutics, Inc. (a)

     90,852  

12,778

  

Immunogen, Inc. (a)

     71,685  

26,052

  

Kadmon Holdings, Inc. (a)

     97,956  

23,218

  

MannKind Corp. (a)

     95,194  

36,608

  

Minerva Neurosciences, Inc. (a)

     67,359  

23,492

  

OPKO Health, Inc. (a)

     80,812  
     

 

 

 
        860,910  
     

 

 

 

Computer and Electronic Product Manufacturing - 3.8%

  

13,322

  

Bionano Genomics, Inc. (a)

     79,000  

38,431

  

Senseonics Holdings, Inc. (a)

     117,983  
     

 

 

 
        196,983  
     

 

 

 

Credit Intermediation and Related Activities - 3.0%

  

15,084

  

MoneyGram International, Inc. (a)

     155,968  
     

 

 

 

Insurance Carriers and Related Activities - 1.8%

  

28,990

  

Genworth Financial, Inc. Class A (a)

     96,827  
     

 

 

 

Machinery Manufacturing - 1.8%

  

11,984

  

Pitney Bowes, Inc.

     95,872  
     

 

 

 

Merchant Wholesalers, Durable Goods - 1.5%

  

18,439

  

RPC, Inc. (a)

     77,444  
     

 

 

 

Merchant Wholesalers, Nondurable Goods - 3.1%

  

16,389

  

Amneal Pharmaceuticals, Inc. (a)

     80,798  

16,010

  

Endo International PLC ADR (Ireland) (a)

     81,010  
     

 

 

 
        161,808  
     

 

 

 

Mining (except Oil and Gas) - 1.3%

  

30,304

  

Uranium Energy Corp. (a)

     65,760  
     

 

 

 

Miscellaneous Manufacturing - 1.5%

  

19,364

  

Accuray, Inc. (a)

     79,392  
     

 

 

 

Motion Picture and Sound Recording Industries - 7.3%

  

10,246

  

AMC Entertainment Holdings, Inc. (a)

     379,307  
     

 

 

 

Nursing and Residential Care Facilities - 2.0%

  

14,248

  

Brookdale Senior Living, Inc. (a)

     107,145  
     

 

 

 

Oil and Gas Extraction - 14.3%

  

10,458

  

Antero Resources Corp. (a)

     142,229  

23,382

  

Centennial Resource Development, Inc. (a)

     121,820  

33,548

  

Kosmos Energy Ltd. (a)

     77,496  

23,327

  

Southwestern Energy Co. (a)

     109,870  

48,457

  

Tellurian, Inc. (a)

     182,683  

28,098

  

W&T Offshore, Inc. (a)

     113,797  
     

 

 

 

                

        747,895  
     

 

 

 

Pipeline Transportation - 2.4%

  

22,693

  

EnLink Midstream LLC

     126,400  
     

 

 

 

Professional, Scientific, and Technical Services - 8.7%

  

35,951

  

Agenus, Inc. (a)

     186,226  

47,765

  

Clear Channel Outdoor Holdings, Inc. (a)

     127,055  

14,208

  

Precigen, Inc. (a)

     78,002  

35,951

  

Waitr Holdings, Inc. (a)

     61,476  
     

 

 

 
        452,759  
     

 

 

 

Real Estate - 14.6%

  

8,276

  

AG Mortgage Investment Trust, Inc.

     90,208  

14,838

  

DigitalBridge Group, Inc. (a)

     103,273  

20,832

  

Diversified Healthcare Trust

     81,245  

25,331

  

Invesco Mortgage Capital

     87,139  

24,054

  

MFA Financial, Inc.

     112,332  

22,045

  

New York Mortgage Trust, Inc.

     96,337  

13,482

  

Two Harbors Investment Corp.

     86,419  

34,951

  

VBI Vaccines Inc. ADR (Canada) (a)

     104,154  
     

 

 

 
        761,107  
     

 

 

 


Securities, Commodity Contracts, and Other Financial Investments and Related Activities - 1.9%

  

18,644

  

BGC Partners, Inc.

     99,745  
     

 

 

 

Support Activities for Mining - 11.3%

  

27,557

  

Frank’s International N.V. ADR (Netherlands) (a)

     75,782  

15,847

  

Hecla Mining Co.

     106,016  

20,387

  

Helix Energy Solutions Group, Inc. (a)

     84,606  

26,964

  

NexTier Oilfield Solutions, Inc. (a)

     103,002  

14,228

  

Patterson UTI Energy, Inc.

     114,109  

29,244

  

Transocean Ltd. ADR (Switzerland) (a)

     105,571  
     

 

 

 
        589,086  
     

 

 

 

Water Transportation - 1.5%

  

29,588

  

Nordic American Tankers Ltd. ADR

     77,225  
     

 

 

 
  

TOTAL COMMON STOCKS (Cost $5,474,420)

   $ 5,209,322  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $5,474,420) - 99.8%

   $ 5,209,322  
  

Other Assets in Excess of Liabilities - 0.2%

     11,472  
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 5,220,794  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Non-income producing security.

ADR - American Depository Receipt


Direxion Moonshot Innovators ETF

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

COMMON STOCKS - 99.8%

  

Administrative and Support Services - 1.6%

  

215,849

  

Workhorse Group, Inc. (a)(b)

   $ 2,490,897  
     

 

 

 

Chemical Manufacturing - 5.0%

  

106,973

  

Arcturus Therapeutics Holdings Inc. (a)(b)

     3,349,325  

237,185

  

ImmunityBio, Inc. (a)

     2,599,547  

694,833

  

Orchard Therapeutics PLC ADR (United Kingdom) (a)(b)

     1,994,171  
     

 

 

 
        7,943,043  
     

 

 

 

Computer and Electronic Product Manufacturing - 19.5%

  

85,915

  

908 Devices, Inc. (a)

     2,684,844  

184,599

  

Accelerate Diagnostics, Inc. (a)(b)

     1,377,109  

37,890

  

Ambarella Inc. ADR (a)

     3,731,786  

55,188

  

Mercury Computer Systems, Inc. (a)

     3,642,408  

171,664

  

MicroVision, Inc. (a)(b)

     2,363,813  

11,043

  

MongoDB, Inc. (a)

     3,963,554  

461,755

  

Nano Dimension Ltd. ADR (Israel) (a)(b)

     2,922,909  

122,866

  

Radware Ltd. ADR (Israel) (a)

     3,959,971  

192,093

  

Vuzix Corp. (a)(b)

     2,842,976  

161,910

  

Xperi Holdings Corp.

     3,362,871  
     

 

 

 
        30,852,241  
     

 

 

 

Credit Intermediation and Related Activities - 3.4%

  

223,247

  

LendingClub Corp. (a)

     5,447,227  
     

 

 

 

Data Processing, Hosting and Related Services - 2.7%

  

211,840

  

Sohu.com Ltd. ADR (a)

     4,209,261  
     

 

 

 

Food Services and Drinking Places - 2.1%

  

88,778

  

Yelp, Inc. (a)

     3,320,297  
     

 

 

 

Machinery Manufacturing - 2.1%

  

37,660

  

iRobot Corp. (a)

     3,295,250  
     

 

 

 

Management of Companies and Enterprises - 1.4%

  

1,021,812

  

Ebang International Holdings, Inc. ADR (a)(b)

     2,258,205  
     

 

 

 

Merchant Wholesalers, Durable Goods - 3.8%

  

66,286

  

Agilysys, Inc. (a)

     3,682,850  

287,458

  

OneConnect Financial Technology Co. Ltd. ADR (a)

     2,279,542  
     

 

 

 
        5,962,392  
     

 

 

 

Miscellaneous Manufacturing - 3.8%

  

1,249,270

  

Asensus Surgical, Inc. (a)(b)

     2,923,292  

363,697

  

Inovio Pharmaceuticals, Inc. (a)(b)

     3,055,055  
     

 

 

 
        5,978,347  
     

 

 

 

Performing Arts, Spectator Sports, and Related Industries - 1.7%

  

657,275

  

Super League Gaming, Inc. (a)

     2,780,273  
     

 

 

 

Primary Metal Manufacturing - 2.6%

  

27,178

  

Silicon Laboratories, Inc. (a)

     4,049,250  
     

 

 

 

Professional, Scientific, and Technical Services - 18.6%

  

789,582

  

Adaptimmune Therapeutics PLC ADR (United Kingdom) (a)(b)

     2,818,808  

88,650

  

Asana, Inc. (a)

     6,299,469  

30,405

  

Crispr Therapeutics AG ADR (Switzerland) (a)

     3,679,613  

19,429

  

F5 Networks, Inc. (a)

     4,012,283  

128,085

  

Juniper Networks, Inc.

     3,604,312  

121,071

  

NetScout Systems, Inc. (a)

     3,482,002  

564,684

  

ProQR Therapeutics NV ADR (Netherlands) (a)

     2,953,297  

711,084

  

Xunlei Ltd. ADR (a)(b)

     2,588,346  
     

 

 

 
        29,438,130  
     

 

 

 

Publishing Industries (except Internet) - 7.8%

  

61,579

  

BigCommerce Holdings, Inc. (a)

     3,987,856  

125,484

  

Dropbox, Inc. (a)

     3,951,491  

73,222

  

Varonis Systems, Inc. (a)

     4,481,187  
     

 

 

 
        12,420,534  
     

 

 

 

Securities, Commodity Contracts, and Other Financial Investments and Related Activities - 13.8%

  

457,701

  

Bit Mining Ltd. ADR (a)(b)

     2,279,351  

128,854

  

ChargePoint Holdings, Inc. (a)(b)

     3,047,397  

270,815

  

Desktop Metal, Inc. (a)

     2,437,335  

194,140

  

EOS Enegy Enterprises, Inc. (a)(b)

     3,013,053  

149,319

  

Luminar Technologies, Inc. (a)

     2,747,469  

369,216

  

Romeo Power, Inc. (a)(b)

     2,602,973  

317,760

  

Velodyne Lidar, Inc. (a)(b)

     2,545,258  

103,750

  

Virgin Galactic Holdings, Inc. (a)(b)

     3,111,462  
     

 

 

 
        21,784,298  
     

 

 

 

Support Activities for Mining - 2.4%

  

181,035

  

Energy Recovery, Inc. (a)

     3,828,890  
     

 

 

 


Transportation Equipment Manufacturing - 7.5%

  

33,096

  

AeroVironment, Inc. (a)

     3,346,006  

201,427

  

Ballard Power Systems, Inc. ADR (Canada) (a)(b)

     3,257,074  

777,797

  

ElectraMeccanica Vehicles Corp. ADR (Canada) (a)(b)

     2,792,291  

208,571

  

Nikola Corp. (a)(b)

     2,475,738  
     

 

 

 
        11,871,109  
     

 

 

 
  

TOTAL COMMON STOCKS (Cost $200,486,892)

   $ 157,929,644  
     

 

 

 

SHORT TERM INVESTMENTS - 12.0%

  

Money Market Funds - 12.0%

  

18,972,082

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (c)(d)

   $ 18,972,082  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $18,972,082)

   $ 18,972,082  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $219,458,974) - 111.8%

   $ 176,901,726  
  

Liabilities in Excess of Other Assets - (11.8)%

     (18,681,443
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 158,220,283  
     

 

 

 

Percentages are stated as a percent of net assets.    

The geographic location of all investments is United States unless otherwise indicated.    

 

(a)

Non-income producing security.    

(b)

A portion of this security represents a security on loan.    

(c)

Represents annualized seven-day yield at July 31, 2021.    

(d)

All or a portion of this security represents an investment of securities lending collateral.    

ADR - American Depository Receipt    


Direxion MSCI USA ESG - Leaders vs. Laggards ETF

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

COMMON STOCKS - 96.2%

  

Accommodation - 0.2%

  

64

  

Vail Resorts, Inc. (a)

   $ 19,533  
     

 

 

 

Administrative and Support Services - 2.2%

  

2,855

  

Amcor PLC ADR (United Kingdom)

     33,004  

292

  

Automatic Data Processing, Inc.

     61,212  

561

  

IHS Markit Ltd. ADR (United Kingdom)

     65,547  

202

  

Teladoc Health, Inc. (a)

     29,987  
     

 

 

 
        189,750  
     

 

 

 

Ambulatory Health Care Services - 0.3%

  

199

  

Quest Diagnostics, Inc.

     28,218  
     

 

 

 

Apparel Manufacturing - 0.5%

  

529

  

V F Corp.

     42,426  
     

 

 

 

Beverage and Tobacco Product Manufacturing - 4.5%

  

3,574

  

Coca-Cola Co.

     203,825  

1,205

  

PepsiCo, Inc.

     189,125  
     

 

 

 
        392,950  
     

 

 

 

Building Material and Garden Equipment and Supplies Dealers - 7.2%

  

1,162

  

Lowe’s Companies, Inc.

     223,906  

1,227

  

The Home Depot, Inc.

     402,689  
     

 

 

 
        626,595  
     

 

 

 

Chemical Manufacturing - 11.9%

  

861

  

Amgen, Inc.

     207,966  

227

  

Biogen, Inc. (a)

     74,168  

110

  

Clorox Co.

     19,898  

704

  

Colgate-Palmolive Co.

     55,968  

470

  

Ecolab, Inc.

     103,790  

1,873

  

Gilead Sciences, Inc.

     127,907  

455

  

International Flavors & Fragrances, Inc.

     68,541  

295

  

Kimberly-Clark Corp.

     40,037  

433

  

PPG Industries, Inc.

     70,804  

387

  

Vertex Pharmaceuticals, Inc. (a)

     78,012  

110

  

West Pharmaceutical Services, Inc.

     45,290  

708

  

Zoetis, Inc.

     143,512  
     

 

 

 
        1,035,893  
     

 

 

 

Computer and Electronic Product Manufacturing - 13.6%

  

455

  

Agilent Technologies, Inc.

     69,720  

2,876

  

Cisco Systems, Inc.

     159,244  

120

  

Cognex Corp.

     10,849  

384

  

Hologic, Inc. (a)

     28,815  

849

  

HP, Inc.

     24,511  

127

  

IDEXX Laboratories, Inc. (a)

     86,173  

2,768

  

Intel Corp.

     148,697  

609

  

International Business Machines Corp.

     85,845  

127

  

Keysight Technologies, Inc. (a)

     20,898  

115

  

Motorola Solutions, Inc.

     25,751  

1,688

  

NVIDIA Corp.

     329,143  

627

  

Texas Instruments, Inc.

     119,519  

170

  

Trimble, Inc. (a)

     14,535  

93

  

Waters Corp. (a)

     36,252  

36

  

Zebra Technologies Corp. Class A (a)

     19,889  
     

 

 

 
        1,179,841  
     

 

 

 

Credit Intermediation and Related Activities - 5.3%

  

1,298

  

American Express Co.

     221,348  

1,583

  

Bank of New York Mellon Corp.

     81,256  

1,929

  

Huntington Bancshares, Inc.

     27,160  

375

  

Northern Trust Corp.

     42,319  

1,821

  

Regions Financial Corp.

     35,054  

667

  

State Street Corp.

     58,122  
     

 

 

 
        465,259  
     

 

 

 

Electronics and Appliance Stores - 0.5%

  

370

  

Best Buy Co., Inc.

     41,569  
     

 

 

 

Food Manufacturing - 0.9%

  

488

  

Archer-Daniels-Midland Co.

     29,143  

534

  

General Mills, Inc.

     31,431  

225

  

Kellogg Co.

     14,256  
     

 

 

 
        74,830  
     

 

 

 

General Merchandise Stores - 2.4%

  

796

  

Target Corp.

     207,796  
     

 

 

 

Hospitals - 1.2%

  

405

  

HCA Healthcare, Inc.

     100,521  
     

 

 

 

Insurance Carriers and Related Activities - 3.0%

  

524

  

Cigna Corp.

     120,253  

963

  

Marsh & McLennan Companies, Inc.

     141,773  
     

 

 

 
        262,026  
     

 

 

 

Machinery Manufacturing - 4.1%

  

625

  

Applied Materials, Inc.

     87,456  

220

  

Cummins, Inc.

     51,062  

97

  

Lam Research Corp.

     61,829  

35

  

Mettler-Toledo International, Inc. (a)

     51,580  

355

  

Trane Technologies PLC ADR (Ireland)

     72,281  

269

  

Xylem, Inc.

     33,854  
     

 

 

 
        358,062  
     

 

 

 


Merchant Wholesalers, Durable Goods - 3.9%

  

855

  

Fastenal Co.

     46,828  

206

  

Fortune Brands Home & Security, Inc.

     20,079  

1,035

  

Honeywell International, Inc.

     241,973  

64

  

Pool Corp.

     30,580  
     

 

 

 
        339,460  
     

 

 

 

Merchant Wholesalers, Nondurable Goods - 0.2%

  

270

  

Brown Forman Corp. Class B

     19,148  
     

 

 

 

Miscellaneous Manufacturing - 1.9%

  

931

  

Edwards Lifesciences Corp. (a)

     104,523  

217

  

ResMed, Inc.

     58,981  
     

 

 

 
        163,504  
     

 

 

 

Miscellaneous Store Retailers - 0.4%

  

185

  

Tractor Supply Co.

     33,472  
     

 

 

 

Nonmetallic Mineral Product Manufacturing - 2.0%

  

862

  

3M Co.

     170,624  
     

 

 

 

Nonstore Retailers - 0.3%

  

66

  

W.W. Grainger, Inc.

     29,342  
     

 

 

 

Professional, Scientific, and Technical Services - 0.8%

  

457

  

Cerner Corp.

     36,738  

83

  

Okta, Inc. (a)

     20,567  

57

  

VMware, Inc. (a)

     8,763  
     

 

 

 
        66,068  
     

 

 

 

Publishing Industries (except Internet) - 10.3%

  

326

  

Adobe Systems, Inc. (a)

     202,651  

59

  

ANSYS, Inc. (a)

     21,739  

150

  

Autodesk, Inc. (a)

     48,170  

190

  

Cadence Design Systems, Inc. (a)

     28,054  

886

  

Hewlett Packard Enterprise Co.

     12,847  

187

  

Intuit, Inc.

     99,104  

1,602

  

Microsoft Corp.

     456,426  

123

  

Workday, Inc. (a)

     28,831  
     

 

 

 
        897,822  
     

 

 

 

Rail Transportation - 0.4%

  

135

  

Kansas City Southern Railway Co.

     36,153  
     

 

 

 

Real Estate - 2.7%

  

348

  

American Tower Corp.

     98,415  

263

  

CBRE Group, Inc. Class A (a)

     25,369  

422

  

Healthpeak Properties, Inc.

     15,601  

579

  

Prologis, Inc.

     74,135  

585

  

Weyerhaeuser Co.

     19,732  
     

 

 

 
        233,252  
     

 

 

 

Securities, Commodity Contracts, and Other Financial Investments and Related Activities - 6.8%

  

289

  

BlackRock, Inc.

     250,612  

2,676

  

Morgan Stanley

     256,843  

432

  

T. Rowe Price Group, Inc.

     88,197  
     

 

 

 
        595,652  
     

 

 

 

Specialty Trade Contractors - 0.9%

  

1,072

  

Johnson Controls International PLC ADR (Ireland)

     76,562  
     

 

 

 

Support Activities for Mining - 2.7%

  

3,116

  

Hess Corp.

     238,187  
     

 

 

 

Support Activities for Transportation - 0.6%

  

199

  

C.H. Robinson Worldwide, Inc.

     17,745  

252

  

Expeditors International of Washington, Inc.

     32,319  
     

 

 

 
        50,064  
     

 

 

 

Telecommunications - 0.7%

  

70

  

Equinix, Inc.

     57,429  
     

 

 

 

Transportation Equipment Manufacturing - 0.8%

  

429

  

Aptiv PLC ADR (Ireland) (a)

     71,579  
     

 

 

 

Utilities - 3.0%

  

257

  

CMS Energy Corp.

     15,880  

305

  

Consolidated Edison, Inc.

     22,500  

305

  

Eversource Energy

     26,312  

1,744

  

NextEra Energy, Inc.

     135,858  

450

  

Public Service Enterprise Group, Inc.

     28,003  

478

  

Xcel Energy, Inc.

     32,624  
     

 

 

 
        261,177  
     

 

 

 
   TOTAL COMMON STOCKS (Cost $6,306,045)    $ 8,364,764  
     

 

 

 

SHORT TERM INVESTMENTS - 7.9%

  

Money Market Funds - 7.9%

  

37,579

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (b)

   $ 37,579  

647,144

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (b)

     647,144  
     

 

 

 
   TOTAL SHORT TERM INVESTMENTS (Cost $684,723)    $ 684,723  
     

 

 

 
   TOTAL INVESTMENTS (Cost $6,990,768) - 104.1% (c)    $ 9,049,487  
   Liabilities in Excess of Other Assets - (4.1)%      (352,708
     

 

 

 
   TOTAL NET ASSETS - 100.0%    $ 8,696,779  
     

 

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Non-income producing security.

(b)

Represents annualized seven-day yield at July 31, 2021.

(c)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $5,650,047.

 

ADR

- American Depository Receipt


Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be Received
at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
   Contracts      Notional
Amount
     Unrealized
Appreciation
 

Total return of MSCI USA ESG Universal Top 100 5% Issuer Capped Index

   0.5866 % representing 1 month LIBOR rate + spread    UBS Securities LLC    12/13/2021      1,379      $ 4,368,418      $ 233,614  
              

 

 

    

 

 

 

Short Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be Received
at Termination

  

Terms of Payments to be Paid
at Termination

  

Counterparty

   Termination
Date
   Contracts      Notional
Amount
     Unrealized
Depreciation
 

0.2366 % representing 1 month LIBOR rate + spread

   Total return of MSCI USA ESG Universal Bottom 100 5% Issuer Capped Index    Credit Suisse Capital LLC    12/07/2021      1,623      $ 3,442,270      $ (804,539
              

 

 

    

 

 

 


Direxion NASDAQ-100® Equal Weighted Index Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

COMMON STOCKS - 99.9%

  

Accommodation - 1.0%

  

27,809

  

Marriott International, Inc. Class A (a)

   $ 4,059,558  
     

 

 

 

Administrative and Support Services - 3.1%

  

14,483

  

Atlassian Corp. PLC ADR (United Kingdom) (a)

     4,708,713  

20,015

  

Automatic Data Processing, Inc.

     4,195,744  

1,722

  

Booking Holdings, Inc. (a)

     3,750,964  
     

 

 

 
        12,655,421  
     

 

 

 

Apparel Manufacturing - 1.1%

  

11,109

  

Lululemon Athletica, Inc. (a)

     4,445,488  
     

 

 

 

Beverage and Tobacco Product Manufacturing - 2.9%

  

111,836

  

Keurig Dr Pepper Inc.

     3,937,746  

42,075

  

Monster Beverage Corp. (a)

     3,968,514  

26,549

  

PepsiCo, Inc.

     4,166,865  
     

 

 

 
        12,073,125  
     

 

 

 

Broadcasting (except Internet) - 3.9%

  

5,633

  

Charter Communications, Inc. (a)

     4,191,234  

68,077

  

Comcast Corp. Class A

     4,004,970  

51,297

  

FOX Corp. Class A

     1,829,251  

53,948

  

FOX Corp. Class B

     1,793,231  

612,793

  

Sirius XM Holdings, Inc. (b)

     3,964,771  
     

 

 

 
        15,783,457  
     

 

 

 

Chemical Manufacturing - 6.5%

  

16,177

  

Amgen, Inc.

     3,907,393  

9,941

  

Biogen, Inc. (a)

     3,248,023  

57,956

  

Gilead Sciences, Inc.

     3,957,815  

45,978

  

Incyte Corp. (a)

     3,556,398  

7,178

  

Regeneron Pharmaceuticals, Inc. (a)

     4,124,551  

24,701

  

Seagen Inc. (a)

     3,788,886  

20,550

  

Vertex Pharmaceuticals, Inc. (a)

     4,142,469  
     

 

 

 
        26,725,535  
     

 

 

 

Clothing and Clothing Accessories Stores - 1.0%

  

33,493

  

Ross Stores, Inc.

     4,109,256  
     

 

 

 

Computer and Electronic Product Manufacturing - 18.3%

  

45,610

  

Advanced Micro Devices, Inc. (a)

     4,843,326  

23,802

  

Analog Devices, Inc.

     3,984,931  

29,595

  

Apple, Inc.

     4,316,727  

8,331

  

Broadcom, Inc.

     4,043,867  

74,142

  

Cisco Systems, Inc.

     4,105,243  

6,423

  

IDEXX Laboratories, Inc. (a)

     4,358,198  

8,461

  

Illumina, Inc. (a)

     4,194,541  

69,347

  

Intel Corp.

     3,725,321  

71,138

  

Marvell Technology, Inc.

     4,304,560  

38,645

  

Maxim Integrated Products, Inc.

     3,861,022  

26,509

  

Microchip Technology, Inc.

     3,793,968  

50,170

  

Micron Technology, Inc. (a)

     3,892,189  

20,712

  

NVIDIA Corp.

     4,038,633  

19,990

  

NXP Semiconductors NV ADR (Netherlands)

     4,125,736  

29,029

  

Qualcomm, Inc.

     4,348,544  

22,936

  

Skyworks Solutions, Inc.

     4,231,921  

21,089

  

Texas Instruments, Inc.

     4,019,985  

29,264

  

Xilinx, Inc.

     4,384,918  
     

 

 

 
        74,573,630  
     

 

 

 

Data Processing, Hosting, and Related Services - 2.0%

  

35,891

  

Fiserv, Inc. (a)

     4,131,413  

25,085

  

Match Group, Inc. (a)

     3,995,288  
     

 

 

 
        8,126,701  
     

 

 

 

Food Manufacturing - 1.9%

  

62,129

  

Mondelez International, Inc.

     3,930,281  

95,324

  

The Kraft Heinz Co.

     3,667,114  
     

 

 

 
        7,597,395  
     

 

 

 

Food Services and Drinking Places - 1.0%

  

35,192

  

Starbucks Corp.

     4,273,364  
     

 

 

 

General Merchandise Stores - 2.0%

  

10,138

  

Costco Wholesale Corp.

     4,356,501  

38,482

  

Dollar Tree, Inc. (a)

     3,840,119  
     

 

 

 
        8,196,620  
     

 

 

 

Health and Personal Care Stores - 0.9%

  

75,938

  

Walgreens Boots Alliance, Inc.

     3,580,477  
     

 

 

 

Machinery Manufacturing - 3.1%

  

29,420

  

Applied Materials, Inc.

     4,116,741  

5,753

  

ASML Holding NV ADR (Netherlands)

     4,411,055  

6,303

  

Lam Research Corp.

     4,017,595  
     

 

 

 
        12,545,391  
     

 

 

 

Management of Companies and Enterprises - 0.7%

  

104,677

  

Trip.com Group Ltd. ADR (China) (a)

     2,714,275  
     

 

 

 

Merchant Wholesalers, Durable Goods - 4.1%

  

30,127

  

Copart, Inc. (a)

     4,428,669  

76,132

  

Fastenal Co.

     4,169,750  

16,978

  

Honeywell International, Inc.

     3,969,287  

12,678

  

KLA-Tencor Corp.

     4,413,972  
     

 

 

 
        16,981,678  
     

 

 

 

Miscellaneous Manufacturing - 4.3%

  

6,418

  

Align Technology, Inc. (a)

     4,465,645  

9,228

  

DexCom, Inc. (a)

     4,757,126  

4,394

  

Intuitive Surgical, Inc. (a)

     4,356,475  

35,380

  

Peloton Interactive, Inc. (a)

     4,176,609  
     

 

 

 
        17,755,855  
     

 

 

 

Motion Picture and Sound Recording Industries - 1.0%

  

7,707

  

Netflix, Inc. (a)

     3,988,912  
     

 

 

 

Motor Vehicle and Parts Dealers - 1.1%

  

7,188

  

O’Reilly Automotive, Inc. (a)

     4,340,402  
     

 

 

 

Nonstore Retailers - 4.6%

  

1,110

  

Amazon.com, Inc. (a)

     3,693,625  

61,025

  

eBay, Inc.

     4,162,515  


53,903

  

JD.com, Inc. ADR (China) (a)

     3,820,645  

2,627

  

MercadoLibre, Inc. (a)

     4,120,975  

30,877

  

Pinduoduo Inc. ADR (China) (a)

     2,828,642  
     

 

 

 
        18,626,402  
     

 

 

 

Other Information Services - 1.9%

  

801

  

Alphabet, Inc. Class A (a)

     2,158,318  

768

  

Alphabet, Inc. Class C (a)

     2,076,995  

20,718

  

Baidu, Inc. ADR (China) (a)

     3,397,959  
     

 

 

 
        7,633,272  
     

 

 

 

Performing Arts, Spectator Sports, and Related Industries - 1.8%

  

42,198

  

Activision Blizzard, Inc.

     3,528,596  

27,355

  

Electronic Arts, Inc.

     3,938,026  
     

 

 

 
        7,466,622  
     

 

 

 

Personal and Laundry Services - 1.0%

  

10,877

  

Cintas Corp.

     4,287,496  
     

 

 

 

Professional, Scientific, and Technical Services - 9.7%

  

23,289

  

CDW Corp.

     4,270,038  

48,993

  

Cerner Corp.

     3,938,547  

56,506

  

Cognizant Technology Solutions Corp. Class A

     4,154,886  

11,710

  

Facebook, Inc. (a)

     4,172,273  

19,381

  

Moderna, Inc. (a)

     6,853,122  

16,134

  

Okta, Inc. (a)

     3,997,844  

37,844

  

Paychex, Inc.

     4,307,404  

17,297

  

VeriSign, Inc. (a)

     3,742,552  

22,563

  

Verisk Analytics, Inc. Class A

     4,285,616  
     

 

 

 
        39,722,282  
     

 

 

 

Publishing Industries (except Internet) - 11.4%

  

6,824

  

Adobe Systems, Inc. (a)

     4,242,003  

11,646

  

ANSYS, Inc. (a)

     4,291,085  

13,889

  

Autodesk, Inc. (a)

     4,460,175  

29,593

  

Cadence Design Systems, Inc. (a)

     4,369,406  

32,513

  

Check Point Software Technologies Ltd. ADR (Israel) (a)

     4,132,402  

14,069

  

DocuSign, Inc. (a)

     4,193,125  

8,155

  

Intuit, Inc.

     4,321,905  

14,880

  

Microsoft Corp.

     4,239,461  

29,907

  

Splunk, Inc. (a)

     4,246,196  

14,519

  

Synopsys, Inc. (a)

     4,181,327  

16,324

  

Workday, Inc. (a)

     3,826,346  
     

 

 

 
        46,503,431  
     

 

 

 

Rail Transportation - 1.0%

  

122,235

  

CSX Corp.

     3,950,635  
     

 

 

 

Specialty Trade Contractors - 0.9%

  

35,944

  

NetEase.com, Inc. ADR (China)

     3,673,836  
     

 

 

 

Telecommunications - 2.8%

  

13,623

  

PayPal Holdings, Inc. (a)

     3,753,545  

26,679

  

T-Mobile US, Inc. (a)

     3,842,310  

10,318

  

Zoom Video Communications, Inc. (a)

     3,901,236  
     

 

 

 
        11,497,091  
     

 

 

 

Transportation Equipment Manufacturing - 1.9%

  

44,351

  

Paccar, Inc.

     3,680,690  

6,196

  

Tesla Motors, Inc. (a)

     4,257,891  
     

 

 

 
        7,938,581  
     

 

 

 

Utilities - 3.0%

  

46,881

  

American Electric Power Co., Inc.

     4,131,154  

86,660

  

Exelon Corp.

     4,055,688  

57,965

  

Xcel Energy, Inc.

     3,956,111  
     

 

 

 
        12,142,953  
     

 

 

 
   TOTAL COMMON STOCKS (Cost $290,960,987)    $ 407,969,141  
     

 

 

 

SHORT TERM INVESTMENTS - 1.0%

  

Money Market Funds - 1.0%

  

4,093,826

   Dreyfus Government Cash Management Institutional Shares, 0.03% (c)(d)    $ 4,093,826  
     

 

 

 
   TOTAL SHORT TERM INVESTMENTS (Cost $4,093,826)    $ 4,093,826  
     

 

 

 
   TOTAL INVESTMENTS (Cost $295,054,813) - 100.9%    $ 412,062,967  
   Liabilities in Excess of Other Assets - (0.9)%      (3,700,579
     

 

 

 
   TOTAL NET ASSETS - 100.0%    $ 408,362,388  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Non-income producing security.

(b)

A portion of this security represents a security on loan.

(c)

Represents annualized seven-day yield at July 31, 2021.

(d)

All or a portion of this security represents an investment of securities lending collateral.

ADR - American Depository Receipt


Direxion S&P 500® High minus Low Quality ETF

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

COMMON STOCKS - 94.0%

  

Administrative and Support Services - 6.7%

  

128

  

Allegion PLC ADR (Ireland)

   $ 17,485  

573

  

Automatic Data Processing, Inc.

     120,118  

111

  

FleetCor Technologies, Inc. (a)

     28,662  

209

  

Moody’s Corp.

     78,584  

187

  

Robert Half International, Inc.

     18,365  

308

  

Rollins, Inc.

     11,806  

2,191

  

Visa, Inc. Class A

     539,841  
     

 

 

 
        814,861  
     

 

 

 

Apparel Manufacturing - 0.1%

  

273

  

Under Armour, Inc. Class A (a)

     5,583  
     

 

 

 

Chemical Manufacturing - 13.6%

  

2,384

  

Abbott Laboratories

     288,416  

127

  

Biogen, Inc. (a)

     41,495  

167

  

Celanese Corp.

     26,013  

203

  

Clorox Co.

     36,721  

900

  

Eli Lilly and Company

     219,150  

7,632

  

Pfizer, Inc.

     326,726  

3,675

  

Procter & Gamble Co.

     522,695  

364

  

Vertex Pharmaceuticals, Inc. (a)

     73,375  

598

  

Zoetis, Inc.

     121,215  
     

 

 

 
        1,655,806  
     

 

 

 

Clothing and Clothing Accessories Stores - 1.6%

  

571

  

Ross Stores, Inc.

     70,056  

1,779

  

TJX Companies, Inc.

     122,413  
     

 

 

 
        192,469  
     

 

 

 

Computer and Electronic Product Manufacturing - 13.4%

  

4,329

  

Apple, Inc.

     631,428  

6,228

  

Cisco Systems, Inc.

     344,844  

287

  

Fortinet, Inc. (a)

     78,133  

493

  

Fortive Corp.

     35,822  

357

  

Hologic, Inc. (a)

     26,789  

144

  

IDEXX Laboratories, Inc. (a)

     97,708  

361

  

Maxim Integrated Products, Inc.

     36,068  

202

  

Northrop Grumman Corp.

     73,330  

148

  

Qorvo, Inc. (a)

     28,059  

1,459

  

Texas Instruments, Inc.

     278,115  
     

 

 

 
        1,630,296  
     

 

 

 

Construction of Buildings - 0.7%

  

392

  

Lennar Corp. Class A

     41,219  

5

  

NVR, Inc. (a)

     26,113  

371

  

PulteGroup, Inc.

     20,356  
     

 

 

 
        87,688  
     

 

 

 

Couriers and Messengers - 1.8%

  

1,143

  

United Parcel Service, Inc. Class B

     218,724  
     

 

 

 

Credit Intermediation and Related Activities - 20.5%

  

1,156

  

American Express Co.

     197,133  

11,261

  

Bank of America Corp.

     431,972  

613

  

Citizens Financial Group, Inc.

     25,844  

279

  

Comerica, Inc.

     19,156  

537

  

Discover Financial Services

     66,760  

1,932

  

Huntington Bancshares, Inc.

     27,203  

3,378

  

JPMorgan Chase & Co.

     512,713  

188

  

M&T Bank Corp.

     25,164  

1,310

  

MasterCard, Inc. Class A

     505,581  

661

  

PNC Financial Services Group, Inc.

     120,573  

1,484

  

Regions Financial Corp.

     28,567  

814

  

Synchrony Financial

     38,274  

2,588

  

U.S. Bancorp

     143,737  

7,132

  

Wells Fargo & Co.

     327,644  

327

  

Zions Bancorp

     17,053  
     

 

 

 
        2,487,374  
     

 

 

 

Electrical Equipment, Appliance, and Component Manufacturing - 0.4%

  

217

  

A.O. Smith Corp.

     15,262  

78

  

Generac Holdings, Inc. (a)

     32,710  
     

 

 

 
        47,972  
     

 

 

 


Electronics and Appliance Stores - 0.5%

  

494

  

Best Buy Co., Inc.

     55,501  
     

 

 

 

Food Manufacturing - 0.8%

  

287

  

Campbell Soup Co.

     12,547  

774

  

General Mills, Inc.

     45,558  

201

  

The Hershey Co.

     35,955  
     

 

 

 
        94,060  
     

 

 

 

General Merchandise Stores - 3.8%

  

754

  

Target Corp.

     196,832  

1,866

  

Wal-Mart Stores, Inc.

     265,998  
     

 

 

 
        462,830  
     

 

 

 

Health and Personal Care Stores - 0.2%

  

82

  

Ulta Salon, Cosmetics & Fragrance, Inc. (a)

     27,536  
     

 

 

 

Insurance Carriers and Related Activities - 1.2%

  

85

  

Assurant, Inc.

     13,414  

496

  

Cigna Corp.

     113,827  

203

  

W.R. Berkley Corp.

     14,853  
     

 

 

 
        142,094  
     

 

 

 

Machinery Manufacturing - 4.0%

  

1,277

  

Applied Materials, Inc.

     178,691  

1,240

  

Baker Hughes, a GE Co.

     26,337  

193

  

Cummins, Inc.

     44,795  

204

  

Lam Research Corp.

     130,032  

591

  

NOV, Inc. (a)

     8,162  

72

  

Snap-on, Inc.

     15,694  

410

  

Trane Technologies PLC ADR (Ireland)

     83,480  
     

 

 

 
        487,191  
     

 

 

 

Management of Companies and Enterprises - 1.2%

  

877

  

Capital One Financial Corp.

     141,811  
     

 

 

 

Merchant Wholesalers, Durable Goods - 1.3%

  

808

  

Fastenal Co.

     44,254  

243

  

KLA-Tencor Corp.

     84,603  

56

  

Pool Corp.

     26,758  
     

 

 

 
        155,615  
     

 

 

 

Merchant Wholesalers, Nondurable Goods - 2.0%

  

250

  

Brown Forman Corp. Class B

     17,730  

538

  

Cardinal Health, Inc.

     31,947  

411

  

Illinois Tool Works, Inc.

     93,161  

333

  

The Sherwin Williams Co.

     96,913  
     

 

 

 
        239,751  
     

 

 

 

Mining (except Oil and Gas) - 0.6%

  

1,124

  

Newmont Mining Corp.

     70,610  
     

 

 

 

Miscellaneous Manufacturing - 0.2%

  

70

  

The Cooper Companies, Inc.

     29,524  
     

 

 

 

Miscellaneous Store Retailers - 0.4%

  

232

  

Etsy, Inc. (a)

     42,574  
     

 

 

 

Nonmetallic Mineral Product Manufacturing - 1.3%

  

807

  

3M Co.

     159,738  
     

 

 

 

Nonstore Retailers - 0.5%

  

920

  

eBay, Inc.

     62,753  
     

 

 

 

Oil and Gas Extraction - 0.2%

  

864

  

Devon Energy Corp.

     22,326  
     

 

 

 

Personal and Laundry Services - 0.4%

  

112

  

Cintas Corp.

     44,148  
     

 

 

 

Plastics and Rubber Products Manufacturing - 0.1%

  

518

  

Newell Rubbermaid, Inc.

     12,820  
     

 

 

 

Primary Metal Manufacturing - 0.1%

  

535

  

Howmet Aerospace, Inc. (a)

     17,559  
     

 

 

 

Professional, Scientific, and Technical Services - 1.1%

  

691

  

Cognizant Technology Solutions Corp. Class A

     50,809  

514

  

Interpublic Group of Companies, Inc.

     18,175  

92

  

Jack Henry & Associates, Inc.

     16,017  

444

  

Paychex, Inc.

     50,536  
     

 

 

 
        135,537  
     

 

 

 

Publishing Industries (except Internet) - 10.1%

  

620

  

Adobe Systems, Inc. (a)

     385,411  

2,170

  

Microsoft Corp.

     618,255  

2,553

  

Oracle Corp.

     222,468  
     

 

 

 
        1,226,134  
     

 

 

 


Real Estate - 0.3%

  

1,017

  

Weyerhaeuser Co.

     34,303  
     

 

 

 

Securities, Commodity Contracts, and Other Financial Investments and Related Activities - 3.4%

  

187

  

Ameriprise Financial, Inc.

     48,164  

967

  

Dow, Inc.

     60,109  

61

  

MarketAxess Holdings, Inc.

     28,985  

160

  

Raymond James Financial, Inc.

     20,717  

460

  

S&P Global, Inc.

     197,211  

298

  

T. Rowe Price Group, Inc.

     60,839  
     

 

 

 
        416,025  
     

 

 

 

Transportation Equipment Manufacturing - 1.3%

  

413

  

Lockheed Martin Corp.

     153,500  
     

 

 

 

Wholesale Electronic Markets and Agents and Brokers - 0.2%

  

214

  

Genuine Parts Co.

     27,161  
     

 

 

 
  

TOTAL COMMON STOCKS (Cost $10,217,758)

   $ 11,401,874  
     

 

 

 

SHORT TERM INVESTMENTS - 5.0%

  

Money Market Funds - 5.0%

  

285,396

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (b)

   $ 285,396  

324,081

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (b)

     324,081  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $609,477)

   $ 609,477  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $10,827,235) - 99.0% (c)

   $ 12,011,351  
  

Other Assets in Excess of Liabilities - 1.0%

     123,736  
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 12,135,087  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Non-income producing security.

(b)

Represents annualized seven-day yield at July 31, 2021.

(c)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $5,312,858.

ADR - American Depository Receipt

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

   Counterparty    Termination
Date
   Contracts      Notional
Amount
     Unrealized
Appreciation
 

Total return of S&P 500® Quality Index

   0.7866% representing 1 month LIBOR rate + spread    Credit Suisse
Capital LLC
   12/7/2021      3,363      $ 5,839,433      $ 872,915  
              

 

 

    

 

 

 

Short Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be
Paid at Termination

   Counterparty    Termination
Date
     Contracts      Notional
Amount
     Unrealized
Depreciation
 

0.2366% representing 1 month LIBOR rate + spread

  

Total return of S&P 500®

Quality – Lowest Quintile Index

   Credit Suisse
Capital LLC
     12/7/2021        10,385      $ 5,435,416      $ (552,165
              

 

 

    

 

 

 


Direxion Work From Home ETF

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

COMMON STOCKS - 99.9%

  

Administrative and Support Services - 3.3%

  

11,878

  

Atlassian Corp. PLC ADR (United Kingdom) (a)

   $ 3,861,775  
     

 

 

 

Computer and Electronic Product Manufacturing - 21.2%

  

91,993

  

Avaya Holdings Corp. (a)

     2,228,071  

5,840

  

Broadcom, Inc.

     2,834,736  

59,930

  

Cisco Systems, Inc.

     3,318,324  

15,914

  

Fortinet, Inc. (a)

     4,332,427  

22,102

  

International Business Machines Corp.

     3,115,498  

59,362

  

Marvell Technology, Inc.

     3,591,995  

42,393

  

NetApp, Inc.

     3,374,059  

67,597

  

Plantronics, Inc (a)

     2,108,350  
     

 

 

 
        24,903,460  
     

 

 

 

Data Processing, Hosting and Related Services - 1.8%

  

8,027

  

RingCentral, Inc. (a)

     2,145,376  
     

 

 

 

Management of Companies and Enterprises - 3.9%

  

206,612

  

America Movil SAB de CV Series L (Mexico) ADR

     3,440,090  

474,483

  

Aurora Mobile Ltd. ADR (a)

     1,096,055  
     

 

 

 
        4,536,145  
     

 

 

 

Merchant Wholesalers, Durable Goods - 2.2%

  

105,563

  

Xerox Corp.

     2,547,235  
     

 

 

 

Nonstore Retailers - 2.5%

  

902

  

Amazon.com, Inc. (a)

     3,001,486  
     

 

 

 

Other Information Services - 5.0%

  

11,449

  

Alibaba Group Holding Ltd. ADR (a)

     2,234,730  

1,346

  

Alphabet, Inc. Class A (a)

     3,626,838  
     

 

 

 
        5,861,568  
     

 

 

 

Professional, Scientific, and Technical Services - 19.4%

  

10,583

  

Facebook, Inc. (a)

     3,770,723  

282,312

  

Inseego Corp. (a)

     2,453,291  

94,797

  

Nutanix, Inc. (a)

     3,414,588  

11,214

  

Okta, Inc. (a)

     2,778,717  

23,020

  

Proofpoint, Inc. (a)

     4,020,673  

19,450

  

VMware, Inc. (a)

     2,990,243  

14,393

  

Zscaler, Inc. (a)

     3,395,453  
     

 

 

 
        22,823,688  
     

 

 

 

Publishing Industries (except Internet) - 33.8%

  

6,031

  

Adobe Systems, Inc. (a)

     3,749,051  

144,860

  

Box, Inc. (a)

     3,465,051  

12,844

  

CrowdStrike Holdings, Inc. (a)

     3,257,367  

12,310

  

DocuSign, Inc. (a)

     3,668,872  

139,772

  

FireEye, Inc. (a)

     2,823,394  

185,751

  

Hewlett Packard Enterprise Co.

     2,693,390  

11,886

  

Microsoft Corp.

     3,386,440  

40,425

  

Oracle Corp.

     3,522,635  

7,865

  

Palto Alto Networks, Inc. (a)

     3,138,528  

112,833

  

Ping Identity Holding Corp. (a)

     2,490,224  

64,103

  

Progress Software Corp.

     2,922,456  

56,042

  

Upland Software, Inc. (a)

     2,017,512  

11,424

  

Workday, Inc. (a)

     2,677,786  
     

 

 

 
        39,812,706  
     

 

 

 

Telecommunications - 6.8%

  

81,097

  

8x8 Inc. (a)

     2,072,839  

203,348

  

Vonage Holdings Corp. (a)

     2,899,743  

7,911

  

Zoom Video Communications, Inc. (a)

     2,991,149  
     

 

 

 
        7,963,731  
     

 

 

 
  

TOTAL COMMON STOCKS (Cost $96,096,379)

   $ 117,457,170  
     

 

 

 

SHORT TERM INVESTMENTS - 0.1%

  

Money Market Funds - 0.1%

  

146,481

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (b)

   $ 146,481  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $146,481)

   $ 146,481  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $96,242,860) - 100.0%

   $ 117,603,651  
  

Liabilities in Excess of Other Assets - (0.0)% ()

     (15,058
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 117,588,593  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

()

Less than 0.05%.

(a)

Non-income producing security.

(b)

Represents annualized seven-day yield at July 31, 2021.


Direxion World Without Waste ETF

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

COMMON STOCKS - 100.0%

  

Administrative and Support Services - 6.3%

  

421

  

Atlassian Corp. PLC ADR (United Kingdom) (a)

   $ 136,876  

3,087

  

US Ecology, Inc (a)

     108,045  

782

  

Waste Management, Inc.

     115,939  
     

 

 

 
        360,860  
     

 

 

 

Broadcasting (except Internet) - 3.9%

  

270

  

Roku, Inc. (a)

     115,644  

464

  

Spotify Technology S.A (Sweden) (a)

     106,103  
     

 

 

 
        221,747  
     

 

 

 

Chemical Manufacturing - 2.0%

  

528

  

Ecolab, Inc.

     116,598  
     

 

 

 

Computer and Electronic Product Manufacturing - 6.1%

  

5,200

  

Bloom Energy Corp. (a)

     113,360  

634

  

Enphase Energy, Inc. (a)

     120,207  

4,620

  

SunPower Corp. (a)(b)

     114,437  
     

 

 

 
        348,004  
     

 

 

 

Data Processing, Hosting and Related Services - 1.9%

  

416

  

RingCentral, Inc. (a)

     111,184  
     

 

 

 

Machinery Manufacturing - 2.0%

  

3,494

  

Evoqua Water Technologies (a)

     115,337  
     

 

 

 

Merchant Wholesalers, Durable Goods - 5.9%

  

9,022

  

Cars.com, Inc. (a)

     108,986  

779

  

Copart, Inc. (a)

     114,513  

6,953

  

KAR Auction Services, Inc. (a)

     114,585  
     

 

 

 
        338,084  
     

 

 

 

Miscellaneous Store Retailers - 1.8%

  

562

  

Etsy, Inc. (a)

     103,133  
     

 

 

 

Motion Picture and Sound Recording Industries - 2.0%

  

222

  

Netflix, Inc. (a)

     114,901  
     

 

 

 

Motor Vehicle and Parts Dealers - 3.9%

  

3,999

  

CarGurus, Inc. (a)

     114,372  

2,959

  

Vroom, Inc. (a)(b)

     109,601  
     

 

 

 
        223,973  
     

 

 

 

Nonstore Retailers - 3.8%

  

1,574

  

eBay, Inc.

     107,362  

71

  

MercadoLibre, Inc. (a)

     111,378  
     

 

 

 
        218,740  
     

 

 

 

Other Information Services - 2.0%

  

1,630

  

Twitter, Inc. (a)

     113,692  
     

 

 

 

Professional, Scientific, and Technical Services - 8.3%

  

323

  

Facebook, Inc. (a)

     115,085  

454

  

Okta, Inc. (a)

     112,497  

197

  

ServiceNow, Inc. (a)

     115,814  

1,801

  

Snap, Inc. (a)

     134,030  
     

 

 

 
        477,426  
     

 

 

 

Publishing Industries (except Internet) - 19.5%

  

182

  

Adobe Systems, Inc. (a)

     113,137  

368

  

Autodesk, Inc. (a)

     118,176  

1,029

  

Datadog, Inc. (a)

     113,910  

368

  

DocuSign, Inc. (a)

     109,679  

218

  

Intuit, Inc.

     115,533  

457

  

Salesforce.com, Inc. (a)

     110,562  

71

  

Shopify, Inc. ADR (Canada) (a)

     106,495  

280

  

Twilio, Inc. (a)

     104,605  

346

  

Veeva Systems, Inc. (a)

     115,118  

477

  

Workday, Inc. (a)

     111,809  
     

 

 

 
        1,119,024  
     

 

 

 

Repair and Maintenance - 2.2%

  

3,551

  

GFL Environmental Inc. ADR (Canada)

     123,823  
     

 

 

 

Specialty Trade Contractors - 2.0%

  

2,161

  

Sunrun, Inc. (a)

     114,468  
     

 

 

 

Telecommunications - 2.1%

  

314

  

Zoom Video Communications, Inc. (a)

     118,723  
     

 

 

 

Transit and Ground Passenger Transportation - 1.8%

  

2,384

  

Uber Technologies, Inc. (a)

     103,609  
     

 

 

 

Transportation Equipment Manufacturing - 2.1%

  

175

  

Tesla Motors, Inc. (a)

     120,260  
     

 

 

 

Utilities - 12.2%

  

2,913

  

Atlantica Sustainable Infrastructure PLC ADR (United Kingdom)

     115,821  

2,392

  

Essential Utilities, Inc.

     117,495  

1,355

  

First Solar, Inc. (a)

     116,584  

1,102

  

IDACORP, Inc.

     116,206  

1,517

  

NextEra Energy Partners LP

     117,613  

1,666

  

Ormat Technologies Inc.

     116,187  
     

 

 

 
        699,906  
     

 

 

 

Waste Management and Remediation Services - 8.2%

  

1,748

  

Casella Waste Systems, Inc (a)

     120,228  

1,234

  

Clean Harbors, Inc. (a)

     117,230  

5,682

  

Covanta Holding Corp.

     114,208  

986

  

Republic Services, Inc.

     116,703  
     

 

 

 
        468,369  
     

 

 

 
  

TOTAL COMMON STOCKS (Cost $5,383,364)

   $ 5,731,861  
     

 

 

 

SHORT TERM INVESTMENTS - 1.8%

  

Money Market Funds - 1.8%

  

101,039

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (c)(d)

   $ 101,039  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $101,039)

   $ 101,039  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $5,484,403) - 101.8%

   $ 5,832,900  
  

Liabilities in Excess of Other Assets - (1.8)%

     (98,830
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 5,734,070  
     

 

 

 


Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a) 

Non-income producing security.

(b) 

A portion of this security represents a security on loan.

(c) 

Represents annualized seven-day yield at July 31, 2021.

(d) 

All or a portion of this security represents an investment of securities lending collateral.

 

ADR

- American Depository Receipt


Direxion Russell 1000® Growth Over Value ETF    

Schedule of Investments (Unaudited)    

July 31, 2021    

 

Shares

        Fair Value  

INVESTMENT COMPANIES - 93.9%

  

100,902

  

iShares Russell 1000 Growth ETF (a)

   $ 28,319,155  
     

 

 

 
   TOTAL INVESTMENT COMPANIES (Cost $26,481,884)    $ 28,319,155  
     

 

 

 

SHORT TERM INVESTMENTS - 5.6%

  

Money Market Funds - 5.6%

  

1,229,093

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (b)

   $ 1,229,093  

454,135

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (b)

     454,135  
     

 

 

 
   TOTAL SHORT TERM INVESTMENTS (Cost $1,683,228)    $ 1,683,228  
     

 

 

 
   TOTAL INVESTMENTS (Cost $28,165,112) - 99.5% (c)    $ 30,002,383  
   Other Assets in Excess of Liabilities - 0.5%      163,802  
     

 

 

 
   TOTAL NET ASSETS - 100.0%    $ 30,166,185  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a) 

Shareholders may obtain the financial statements of these investment companies at www.sec.gov.

(b) 

Represents annualized seven-day yield at July 31, 2021.

(c) 

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $2,962,674.

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
   Contracts      Notional
Amount
     Unrealized
Appreciation
 

Total return of Russell 1000® Growth Index

   0.5866 % representing 1 month LIBOR rate + spread    Credit Suisse Capital LLC    12/7/2021      6,000      $ 16,069,992      $ 861,089  
              

 

 

    

 

 

 

Short Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

 

Terms of Payments to be

Paid at Termination

 

Counterparty

  Termination
Date
  Contracts     Notional Amount      Unrealized
Depreciation
 

0.3866 % representing 1 month LIBOR rate + spread

  Total return of Russell 1000® Value Index   Credit Suisse Capital LLC   12/7/2021     9,582     $ 14,685,380      $ (438,011
         

 

 

    

 

 

 


Direxion Russell 1000® Value Over Growth ETF

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

INVESTMENT COMPANIES - 98.0%

  

255,049

  

iShares Russell 1000 Value ETF (a)

   $ 40,800,189  
     

 

 

 
   TOTAL INVESTMENT COMPANIES (Cost $37,134,377)    $ 40,800,189  
     

 

 

 

SHORT TERM INVESTMENTS - 4.3%

  

Money Market Funds - 4.3%

  

340,040

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (b)

   $ 340,040  

1,437,104

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (b)

     1,437,104  
     

 

 

 
   TOTAL SHORT TERM INVESTMENTS (Cost $1,777,144)    $ 1,777,144  
     

 

 

 
   TOTAL INVESTMENTS (Cost $38,911,521) - 102.3% (c)    $ 42,577,333  
   Liabilities in Excess of Other Assets - (2.3)%      (923,971
     

 

 

 
   TOTAL NET ASSETS - 100.0%    $ 41,653,362  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Shareholders may obtain the financial statements of these investment companies at www.sec.gov.

(b)

Represents annualized seven-day yield at July 31, 2021.

(c)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $8,188,902.

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

 

Terms of Payments to be

Paid at Termination

 

Counterparty

  Termination
Date
  Contracts     Notional Amount     Unrealized
Appreciation
 

Total return of Russell 1000® Value Index

  0.6566% representing 1 month LIBOR rate + spread   Credit Suisse Capital LLC   12/7/2021     13,773     $ 20,551,525     $ 1,207,001  
         

 

 

   

 

 

 

Short Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
   Contracts      Notional
Amount
     Unrealized
Depreciation
 

0.3266% representing 1 month LIBOR rate + spread

   Total return of Russell 1000® Growth Index    Credit Suisse Capital LLC    12/7/2021      7,382      $ 18,734,008      $ (2,115,835
              

 

 

    

 

 

 


Direxion Daily CSI 300 China A Share Bear 1X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

SHORT TERM INVESTMENTS - 100.0%

  

Money Market Funds - 100.0%

  

104,877,790

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (a)

   $ 104,877,790  

30,560,330

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (a)

     30,560,330  
     

 

 

 
   TOTAL SHORT TERM INVESTMENTS (Cost $135,438,120) (b)    $ 135,438,120  
     

 

 

 
   TOTAL INVESTMENTS (Cost $135,438,120) - 100.0%    $ 135,438,120  
   Liabilities in Excess of Other Assets - (0.0)% ()      (28,169
     

 

 

 
   TOTAL NET ASSETS - 100.0%    $ 135,409,951  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

()

Less than 0.05%.

(a)

Represents annualized seven-day yield at July 31, 2021.

(b)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $135,438,120.

Short Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received/(Paid) at Termination

 

Terms of Payments to be

Paid at Termination

 

Counterparty

  Termination
Date
    Contracts     Notional
Amount
    Unrealized
Appreciation
 

(5.9108)% representing 1 month LIBOR rate + spread

  Total return of Deutsche Xtrackers Harvest CSI 300 China A-Shares ETF   Bank of America Merrill Lynch     12/9/2021       1,087,003     $ 43,125,057     $ 1,738,430  

(1.1134)% representing 1 month LIBOR rate + spread

  Total return of Deutsche Xtrackers Harvest CSI 300 China A-Shares ETF   Citibank N.A.     12/13/2021       2,270,118       89,432,465       3,744,532  

(2.4134)% representing 1 month LIBOR rate + spread

  Total return of Deutsche Xtrackers Harvest CSI 300 China A-Shares ETF   J.P. Morgan     7/29/2022       238,458       9,316,303       332,123  
         

 

 

   

 

 

 
          $ 141,873,825     $ 5,815,085  
         

 

 

   

 

 

 


Direxion Daily S&P 500® Bear 1X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

SHORT TERM INVESTMENTS - 106.9%

  

Money Market Funds - 106.9%

  

88,135,560

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (a)

   $ 88,135,560  

31,500,322

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (a)

     31,500,322  
     

 

 

 
   TOTAL SHORT TERM INVESTMENTS (Cost $119,635,882) (b)    $ 119,635,882  
     

 

 

 
   TOTAL INVESTMENTS (Cost $119,635,882) - 106.9%    $ 119,635,882  
   Liabilities in Excess of Other Assets - (6.9)%      (7,690,706
     

 

 

 
   TOTAL NET ASSETS - 100.0%    $ 111,945,176  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Represents annualized seven-day yield at July 31, 2021.

(b)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $119,635,882.

Short Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be
Received at Termination

 

Terms of Payments to be

Paid at Termination

 

Counterparty

  Termination
Date
  Contracts     Notional
Amount
    Unrealized
Depreciation
 

0.3466 % representing 1 month LIBOR rate + spread

  Total return of S&P 500® Index   Credit Suisse Capital LLC   12/7/2021     25,470     $ 102,305,817     $ (9,975,676
         

 

 

   

 

 

 


Direxion Daily CSI 300 China A Share Bull 2X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

INVESTMENT COMPANIES - 39.2%

  

1,182,844

  

Deutsche Xtrackers Harvest CSI 300 China A-Shares ETF (a)(b)

   $ 44,545,905  
     

 

 

 
   TOTAL INVESTMENT COMPANIES (Cost $48,398,943)    $ 44,545,905  
     

 

 

 

SHORT TERM INVESTMENTS - 64.9%

  

Money Market Funds - 64.9%

  

32,421,990

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (c)(d)

   $ 32,421,990  

41,228,471

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (c)

     41,228,471  
     

 

 

 
   TOTAL SHORT TERM INVESTMENTS (Cost $73,650,461)    $ 73,650,461  
     

 

 

 
   TOTAL INVESTMENTS (Cost $122,049,404) - 104.1% (e)    $ 118,196,366  
   Liabilities in Excess of Other Assets - (4.1)%      (4,634,085
     

 

 

 
   TOTAL NET ASSETS - 100.0%    $ 113,562,281  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Shareholders may obtain the financial statements of these investment companies at www.sec.gov.

(b)

A portion of this security represents a security on loan.

(c)

Represents annualized seven-day yield at July 31, 2021.

(d)

All or a portion of this security represents an investment of securities lending collateral.

(e)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $72,969,550.

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

 

Terms of Payments to be

Paid/(Received) at Termination

 

Counterparty

  Termination
Date
    Contracts     Notional
Amount
    Unrealized
Appreciation
(Depreciation)
 

Total return of Deutsche Xtrackers Harvest CSI 300 China A-Shares ETF

  (0.9134)% representing 1 month LIBOR rate + spread   Citibank N.A.     12/13/2021       2,702,922     $ 105,105,283     $ 586,040  

Total return of Deutsche Xtrackers Harvest CSI 300 China A-Shares ETF

  (5.7108)% representing 1 month LIBOR rate + spread   Bank of America Merrill Lynch     12/13/2021       1,507,791       57,233,195       (59,955

Total return of Deutsche Xtrackers Harvest CSI 300 China A-Shares ETF

  (1.9134)% representing 1 month LIBOR rate + spread   J.P. Morgan     7/25/2022       637,346       25,040,704       (1,003,945
         

 

 

   

 

 

 
          $ 187,379,182     $ (477,860
         

 

 

   

 

 

 


Direxion Daily CSI China Internet Index Bull 2X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

INVESTMENT COMPANIES - 62.1%

  

1,684,490

  

KraneShares CSI China Internet ETF (a)

   $ 84,999,366  
     

 

 

 
  

TOTAL INVESTMENT COMPANIES (Cost $92,756,029)

   $ 84,999,366  
     

 

 

 

SHORT TERM INVESTMENTS - 64.9%

  

Money Market Funds - 64.9%

  

41,998,573

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (b)

   $ 41,998,573  

46,836,939

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (b)

     46,836,939  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $88,835,512)

   $ 88,835,512  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $181,591,541) - 127.0% (c)

   $ 173,834,878  
  

Liabilities in Excess of Other Assets - (27.0)%

     (37,018,152
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 136,816,726  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.    

 

(a)

Shareholders may obtain the financial statements of these investment companies at www.sec.gov.    

(b)

Represents annualized seven-day yield at July 31, 2021.    

(c)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $110,538,913.

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be
Received at Termination

  

Terms of Payments to be
Paid/(Received) at Termination

  

Counterparty

   Termination Date    Contracts      Notional
Amount
     Unrealized
Depreciation
 

Total return of KraneShares CSI China Internet ETF

   0.2866% representing 1 month LIBOR rate + spread    UBS Securities LLC    12/9/2021      1,780,029      $ 105,883,309      $ (16,081,607

Total return of KraneShares CSI China Internet ETF

   0.7366% representing 1 month LIBOR rate + spread    Citibank N.A.    12/13/2021      803,517        63,059,072        (22,682,614

Total return of KraneShares CSI China Internet ETF

   (0.9134)% representing 1 month LIBOR rate + spread    BNP Paribas    10/19/2022      114,521        8,567,316        (2,762,174

Total return of KraneShares CSI China Internet ETF

   (0.9134)% representing 1 month LIBOR rate + spread    BNP Paribas    11/16/2022      218,927        15,650,946        (4,570,191

Total return of KraneShares CSI China Internet ETF

   (0.9134)% representing 1 month LIBOR rate + spread    BNP Paribas    12/21/2022      381,305        26,545,084        (7,254,665

Total return of KraneShares CSI China Internet ETF

   0.6458% representing 1 month LIBOR rate + spread    Bank of America Merrill Lynch    2/23/2023      440,000        23,104,620        (903,463
              

 

 

    

 

 

 
               $ 242,810,347      $ (54,254,714
              

 

 

    

 

 

 


Direxion Daily S&P 500® Bull 2X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

INVESTMENT COMPANIES - 98.3%

  

75,810

  

iShares Core S&P 500 ETF (a)

   $ 33,386,724  
     

 

 

 
  

TOTAL INVESTMENT COMPANIES (Cost $23,849,303)

   $ 33,386,724  
     

 

 

 

SHORT TERM INVESTMENTS - 0.1%

  

Money Market Funds - 0.1%

  

7,086

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (b)

   $ 7,086  

13,148

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (b)

     13,148  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $20,234)

   $ 20,234  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $23,869,537) - 98.4% (c)

   $ 33,406,958  
  

Other Assets in Excess of Liabilities - 1.6%

     551,675  
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 33,958,633  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Shareholders may obtain the financial statements of these investment companies at www.sec.gov.

(b)

Represents annualized seven-day yield at July 31, 2021.

(c)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $11,948,908.

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination Date    Contracts      Notional
Amount
     Unrealized
Appreciation
 

Total return of S&P 500® Index

   0.5866 % representing 1 month LIBOR rate + spread    Credit Suisse Capital LLC    12/7/2021      4,216      $ 17,657,771      $ 896,502  

Total return of S&P 500® Index

   0.7066 % representing 1 month LIBOR rate + spread    UBS Securities LLC    12/13/2021      3,640        15,263,916        765,791  
              

 

 

    

 

 

 
               $ 32,921,687      $ 1,662,293  
              

 

 

    

 

 

 


Direxion Daily Latin America Bull 2X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

INVESTMENT COMPANIES - 22.1%

  

142,123

  

iShares Latin America 40 ETF (a)

   $ 4,221,053  
     

 

 

 
  

TOTAL INVESTMENT COMPANIES (Cost $4,550,778)

   $ 4,221,053  
     

 

 

 

SHORT TERM INVESTMENTS - 87.9%

  

Money Market Funds - 87.9%

  

12,961,940

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (b)

   $ 12,961,940  

1,870,000

  

Goldman Sachs Financial Square Government Fund Institutional Shares, 0.03% (b)

     1,870,000  

1,958,721

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (b)

     1,958,721  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $16,790,661)

   $ 16,790,661  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $21,341,439) - 110.0% (c)

   $ 21,011,714  
  

Liabilities in Excess of Other Assets - (10.0)%

     (1,904,836
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 19,106,878  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Shareholders may obtain the financial statements of these investment companies at www.sec.gov.

(b)

Represents annualized seven-day yield at July 31, 2021.

(c)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $18,474,740.

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination Date    Contracts      Notional
Amount
     Unrealized
Appreciation
(Depreciation)
 

Total return of iShares Latin America 40 ETF

   0.7866 % representing 1 month LIBOR rate + spread    Credit Suisse Capital LLC    12/7/2021      118,207      $ 3,348,912      $ 193,326  

Total return of iShares Latin America 40 ETF

   0.6866 % representing 1 month LIBOR rate + spread    Barclays    12/13/2021      235,908        7,567,832        (480,031

Total return of iShares Latin America 40 ETF

   0.3366 % representing 1 month LIBOR rate + spread    BNP Paribas    1/19/2022      298,664        8,909,147        113,539  

Total return of iShares Latin America 40 ETF

   0.3366 % representing 1 month LIBOR rate + spread    BNP Paribas    1/19/2022      44,630        1,359,685        (20,072

Total return of iShares Latin America 40 ETF

   0.3366 % representing 1 month LIBOR rate + spread    BNP Paribas    4/20/2022      64,397        1,830,885        104,110  

Total return of iShares Latin America 40 ETF

   0.3366 % representing 1 month LIBOR rate + spread    BNP Paribas    5/18/2022      128,780        3,768,862        101,297  

Total return of iShares Latin America 40 ETF

   0.3366 % representing 1 month LIBOR rate + spread    BNP Paribas    6/15/2022      20,862        618,500        8,596  

Total return of iShares Latin America 40 ETF

   0.4866 % representing 1 month LIBOR rate + spread    J.P. Morgan    8/8/2022      233,119        7,216,201        (294,341
              

 

 

    

 

 

 
               $ 34,620,024      $ (273,576
              

 

 

    

 

 

 


Direxion Daily MSCI Brazil Bull 2X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

INVESTMENT COMPANIES - 57.8%

  

2,633,612

  

iShares MSCI Brazil Capped ETF (a)(b)

   $ 98,497,089  
     

 

 

 
  

TOTAL INVESTMENT COMPANIES (Cost $102,896,602)

   $ 98,497,089  
     

 

 

 

SHORT TERM INVESTMENTS - 92.0%

  

Money Market Funds - 92.0%

  

156,877,236

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (c)(d)

   $ 156,877,236  

1,613

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (c)

     1,613  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $156,878,849)

   $ 156,878,849  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $259,775,451) - 149.8% (e)

   $ 255,375,938  
  

Liabilities in Excess of Other Assets - (49.8)%

     (84,934,859
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 170,441,079  
     

 

 

 

Percentages are stated as a percent of net assets.    

The geographic location of all investments is United States unless otherwise indicated.    

 

(a)

Shareholders may obtain the financial statements of these investment companies at www.sec.gov.    

(b)

A portion of this security represents a security on loan.    

(c)

Represents annualized seven-day yield at July 31, 2021.    

(d)

All or a portion of this security represents an investment of securities lending collateral.    

(e)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $91,361,008.    

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination Date    Contracts      Notional
Amount
     Unrealized
Appreciation
(Depreciation)
 

Total return of iShares MSCI Brazil Capped ETF

   0.8866 % representing 1 month LIBOR rate + spread    UBS Securities LLC    12/13/2021      3,800,377      $ 153,492,436      $ (11,487,503

Total return of iShares MSCI Brazil Capped ETF

   0.6366 % representing 1 month LIBOR rate + spread    BNP Paribas    5/18/2022      2,316,957        82,947,061        7,002,773  

Total return of iShares MSCI Brazil Capped ETF

   0.6366 % representing 1 month LIBOR rate + spread    BNP Paribas    6/15/2022      363,757        13,715,442        100,262  
              

 

 

    

 

 

 
               $ 250,154,939      $ (4,384,468
              

 

 

    

 

 

 


Direxion Daily MSCI India Bull 2X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

INVESTMENT COMPANIES - 28.0%

  

556,299

  

iShares MSCI India ETF (a)

   $ 24,861,002  
     

 

 

 
  

TOTAL INVESTMENT COMPANIES (Cost $23,451,196)

   $ 24,861,002  
     

 

 

 

SHORT TERM INVESTMENTS - 71.9%

  

Money Market Funds - 71.9%

  

54,822,250

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (b)

   $ 54,822,250  

9,166,587

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (b)

     9,166,587  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $63,988,837)

   $ 63,988,837  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $87,440,033) - 99.9% (c)

   $ 88,849,839  
  

Other Assets in Excess of Liabilities - 0.01%

     57,299  
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 88,907,138  
     

 

 

 

Percentages are stated as a percent of net assets.    

The geographic location of all investments is United States unless otherwise indicated.    

 

(a)

Shareholders may obtain the financial statements of these investment companies at www.sec.gov.    

(b)

Represents annualized seven-day yield at July 31, 2021.    

(c)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $63,988,837.    

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
   Contracts      Notional
Amount
     Unrealized
Appreciation
 

Total return of iShares MSCI India ETF

   0.8366% representing 1 month LIBOR rate + spread    UBS Securities LLC    12/13/2021      1,283,479      $ 53,186,057      $ 4,135,397  

Total return of iShares MSCI India ETF

   0.5866% representing 1 month LIBOR rate + spread    J.P. Morgan    12/15/2021      1,091,282        45,829,799        2,925,623  

Total return of iShares MSCI India ETF

   0.5866% representing 1 month LIBOR rate + spread    BNP Paribas    7/20/2022      1,021,861        45,470,362        163,812  

Total return of iShares MSCI India ETF

   0.5866% representing 1 month LIBOR rate + spread    BNP Paribas    8/17/2022      25,908        1,150,069        7,633  
              

 

 

    

 

 

 
               $ 145,636,287      $ 7,232,465  
              

 

 

    

 

 

 


Direxion Daily Russia Bull 2X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

INVESTMENT COMPANIES - 45.4%

  

1,017,390

  

VanEck VectorsTM Russia ETF (a)

   $ 29,270,311  
     

 

 

 
  

TOTAL INVESTMENT COMPANIES (Cost $27,456,876)

   $ 29,270,311  
     

 

 

 

SHORT TERM INVESTMENTS - 54.4%

  

Money Market Funds - 54.4%

  

28,368,320

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (b)

   $ 28,368,320  

6,754,991

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (b)

     6,754,991  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $35,123,311) (c)

   $ 35,123,311  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $62,580,187) - 99.8%

   $ 64,393,622  
  

Other Assets in Excess of Liabilities - 0.2%

     125,090  
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 64,518,712  
     

 

 

 

Percentages are stated as a percent of net assets.    

The geographic location of all investments is United States unless otherwise indicated.    

 

(a)

Shareholders may obtain the financial statements of these investment companies at www.sec.gov.    

(b)

Represents annualized seven-day yield at July 31, 2021.    

(c)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $35,123,311.    

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination Date    Contracts      Notional
Amount
     Unrealized
Appreciation
(Depreciation)
 

Total return of VanEck VectorsTM Russia ETF

   0.7393% representing 1 month LIBOR rate + spread    Bank of America Merrill Lynch    12/9/2021      1,287,575      $ 32,980,820      $ 3,974,395  

Total return of VanEck VectorsTM Russia ETF

   1.0366% representing 1 month LIBOR rate + spread    UBS Securities LLC    12/9/2021      211,533        6,037,698        47,229  

Total return of VanEck VectorsTM Russia ETF

   0.5666% representing 1 month LIBOR rate + spread    BNP Paribas    6/15/2022      1,920,838        52,477,294        2,724,748  

Total return of VanEck VectorsTM Russia ETF

   0.5666% representing 1 month LIBOR rate + spread    BNP Paribas    7/20/2022      47,799        1,378,459        (3,735
              

 

 

    

 

 

 
               $ 92,874,271      $ 6,742,637  
              

 

 

    

 

 

 


Direxion Daily 5G Communications Bull 2X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

COMMON STOCKS - 82.2%

  

Broadcasting (except Internet) - 2.5%

  

661

  

Altice USA, Inc. (a)

   $ 20,313  

118

  

Charter Communications, Inc. (a)

     87,798  

450

  

Rogers Communications, Inc. ADR (Canada)

     22,963  
     

 

 

 
     131,074  
     

 

 

 

Computer and Electronic Product Manufacturing - 41.2%

  

1,023

  

ADTRAN, Inc.

     22,925  

2,626

  

Advanced Micro Devices, Inc. (a)

     278,855  

1,076

  

Airgain, Inc. (a)

     19,637  

987

  

Analog Devices, Inc.

     165,244  

330

  

Apple, Inc.

     48,134  

117

  

Arista Networks, Inc. (a)

     44,506  

91

  

Broadcom, Inc.

     44,171  

518

  

Calix, Inc. (a)

     24,232  

2,374

  

Casa Sys., Inc. (a)

     17,829  

5,733

  

Ceragon Networks Ltd. ADR (Israel) (a)

     22,932  

777

  

Cisco Systems, Inc.

     43,023  

524

  

Clearfield, Inc. (a)

     22,804  

960

  

Comtech Telecommunications Corp.

     23,971  

569

  

CTS Corp.

     19,909  

404

  

Dell Technologies, Inc. (a)

     39,034  

1,058

  

DZS, Inc. (a)

     20,896  

2,119

  

EMCORE Corp. (a)

     18,520  

2,054

  

Infinera Corp. (a)

     20,355  

737

  

Intel Corp.

     39,592  

292

  

InterDigital, Inc.

     19,240  

857

  

Keysight Technologies, Inc. (a)

     141,019  

546

  

Lattice Semiconductor Corp. (a)

     30,986  

270

  

Lumentum Holdings, Inc. (a)

     22,677  

377

  

MACOM Technology Solutions Holdings, Inc. (a)

     23,268  

1,697

  

Marvell Technology, Inc.

     102,685  

623

  

Maxim Integrated Products, Inc.

     62,244  

587

  

MaxLinear, Inc. (a)

     28,311  

1,986

  

NeoPhotonics Corp. (a)

     19,264  

240

  

NVIDIA Corp.

     46,798  

689

  

NXP Semiconductors NV ADR (Netherlands)

     142,203  

326

  

Qorvo, Inc. (a)

     61,806  

1,580

  

Qualcomm, Inc.

     236,684  

719

  

Radware Ltd. ADR (Israel) (a)

     23,173  

5,603

  

Resonant, Inc. (a)(b)

     17,089  

1,337

  

Sierra Wireless, Inc. ADR (Canada) (a)

     25,858  

490

  

Silicom Ltd. ADR (Israel) (a)

     21,996  

471

  

Skyworks Solutions, Inc.

     86,904  

1,317

  

Viavi Solutions, Inc. (a)

     21,981  

702

  

Xilinx, Inc.

     105,188  
     

 

 

 
     2,175,943  
     

 

 

 

Data Processing, Hosting and Related Services - 1.2%

  

492

  

CSG Systems International, Inc.

     22,317  

270

  

CyrusOne, Inc.

     19,243  

276

  

QTS Realty Trust, Inc. Class A

     21,448  
     

 

 

 
     63,008  
     

 

 

 

Electrical Equipment, Appliance, and Component Manufacturing - 0.4%

  

108

  

IPG Photonics Corp. (a)

     23,561  
     

 

 

 

Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) - 0.5%

  

496

  

CEVA, Inc. (a)

     24,621  
     

 

 

 

Machinery Manufacturing - 0.4%

  

307

  

II-VI, Inc. (a)

     21,432  
     

 

 

 

Management of Companies and Enterprises - 0.5%

  

5,825

  

Telefonica S A ADR (Spain)

     26,737  
     

 

 

 

Miscellaneous Store Retailers - 2.3%

  

2,208

  

Verizon Communications, Inc.

     123,162  
     

 

 

 

Nonmetallic Mineral Product Manufacturing - 0.5%

  

688

  

Corning, Inc.

     28,800  
     

 

 

 

Nonstore Retailers - 0.8%

  

13

  

Amazon.com, Inc. (a)

     43,259  
     

 

 

 

Professional, Scientific, and Technical Services - 7.7%

  

2,063

  

A10 Networks, Inc. (a)

     26,345  

847

  

Amdocs Ltd.

     65,312  

964

  

Ciena Corp. (a)

     56,047  

1,902

  

Extreme Networks, Inc. (a)

     20,941  

348

  

F5 Networks, Inc. (a)

     71,866  

2,092

  

Inseego Corp. (a)(b)

     18,179  

1,035

  

Juniper Networks, Inc.

     29,125  

677

  

Maxar Technologies, Inc.

     24,555  

712

  

NetScout Systems, Inc. (a)

     20,477  

2,674

  

Ribbon Communications, Inc. (a)

     18,477  

70

  

Ubiquiti, Inc.

     21,917  

223

  

VMware, Inc. (a)

     34,284  
     

 

 

 
     407,525  
     

 

 

 

Publishing Industries (except Internet) - 4.2%

  

1,015

  

Akamai Technologies, Inc. (a)

     121,719  

2,084

  

Akoustis Technologies, Inc. (a)

     20,173  

2,453

  

Hewlett Packard Enterprise Co.

     35,568  

6,565

  

Limelight Networks, Inc. (a)

     18,448  

620

  

National Instruments Corp.

     27,348  
     

 

 

 
     223,256  
     

 

 

 

Real Estate - 5.0%

  

413

  

American Tower Corp.

     116,796  

159

  

CoreSite Realty Corp.

     21,975  

394

  

Crown Castle International Corp.

     76,078  

183

  

Digital Realty Trust, Inc.

     28,211  

1,938

  

Uniti Group, Inc.

     22,694  
     

 

 

 
     265,754  
     

 

 

 

Securities, Commodity Contracts, and Other Financial Investments and Related Activities - 0.8%

  

1,054

  

CommScope Holding Co., Inc. (a)

     22,303  

298

  

GDS Holdings Ltd. ADR (China) (a)(b)

     17,570  
     

 

 

 
        39,873  
     

 

 

 


Telecommunications - 14.2%

  

4,342

  

AT&T, Inc.

     121,793  

938

  

BCE, Inc. ADR (Canada)

     46,816  

444

  

Cambium Networks Corp. (a)

     19,558  

82

  

Equinix, Inc.

     67,274  

10,308

  

Ericsson ADR (Sweden)

     118,851  

1,450

  

KT Corp. ADR (South Korea) (a)

     20,866  

1,484

  

Lumen Technologies, Inc.

     18,505  

18,927

  

Nokia Corp. ADR (Finland) (a)

     115,076  

2,151

  

Orange ADR (France)

     23,984  

93

  

SBA Communications Corp.

     31,712  

700

  

SK Telecom Ltd. ADR (South Korea) (a)

     20,349  

682

  

T-Mobile US, Inc. (a)

     98,222  

2,816

  

Vodafone Group PLC ADR (England)

     45,985  
     

 

 

 
        748,991  
     

 

 

 
  

TOTAL COMMON STOCKS (Cost $4,209,436)

   $ 4,346,996  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $4,209,436) - 82.2% (c)

   $ 4,346,996  
  

Other Assets in Excess of Liabilities - 17.8%

     938,241  
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 5,285,237  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Non-income producing security.

(b)

A portion of this security represents a security on loan.

(c)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $2,283,429.

ADR - American Depository Receipt

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
     Contracts      Notional
Amount
     Unrealized
Appreciation
 

Total return of BlueStar® 5G Communications Index

   0.5866% representing 1 month LIBOR rate + spread    Barclays      12/15/2021        30,602      $ 6,063,631      $ 171,607  
              

 

 

    

 

 

 


Direxion Daily Cloud Computing Bull 2X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

COMMON STOCKS - 67.4%

  

Administrative and Support Services - 3.0%

  

1,262

  

Alarm.com, Inc. (a)

   $ 105,024  

1,950

  

Atlassian Corp. PLC ADR (United Kingdom) (a)

     633,984  

2,534

  

nCino, Inc. (a)

     161,086  
     

 

 

 
        900,094  
     

 

 

 

Ambulatory Health Care Services - 0.1%

  

647

  

Tabula Rasa HealthCare, Inc. (a)

     27,795  
     

 

 

 

Computer and Electronic Product Manufacturing - 0.1%

  

1,066

  

Radware Ltd. (Israel) ADR (a)

     34,357  
     

 

 

 

Data Processing, Hosting and Related Services - 3.1%

  

1,839

  

Five9, Inc. (a)

     370,172  

1,019

  

Inovalon Holdings, Inc (a)

     38,600  

1,967

  

RingCentral, Inc. (a)

     525,720  
     

 

 

 
        934,492  
     

 

 

 

Heavy and Civil Engineering Construction - 0.5%

  

1,407

  

BlackLine, Inc. (a)

     160,947  
     

 

 

 

Professional, Scientific, and Technical Services - 14.0%

  

2,005

  

2U, Inc. (a)

     87,017  

3,708

  

Anaplan, Inc (a)

     212,098  

1,741

  

LivePerson, Inc. (a)

     110,884  

1,609

  

Mimecast Ltd. ADR (United Kingdom) (a)

     89,380  

900

  

Model N, Inc. (a)

     29,133  

5,051

  

Nutanix, Inc. (a)

     181,937  

1,066

  

Paylocity Holding Corp. (a)

     221,152  

1,576

  

Proofpoint, Inc. (a)

     275,264  

1,105

  

PROS Holdings Inc. (a)

     47,979  

6,985

  

SAP SE ADR (Germany)

     1,003,884  

1,792

  

ServiceNow, Inc. (a)

     1,053,499  

1,092

  

Snowflake, Inc. (a)

     290,166  

1,707

  

Unisys Corp. (a)

     38,152  

600

  

VMware, Inc. (a)(b)

     92,244  

2,168

  

Zscaler, Inc. (a)

     511,453  
     

 

 

 
        4,244,242  
     

 

 

 

Publishing Industries (except Internet) - 43.0%

  

3,191

  

ACI Worldwide, Inc. (a)

     109,451  

1,873

  

Adobe Systems, Inc. (a)

     1,164,313  

4,464

  

Akamai Technologies, Inc. (a)

     535,323  

271

  

AppFolio, Inc. (a)

     38,374  

3,214

  

Autodesk, Inc. (a)

     1,032,112  

2,183

  

Bill.com Holdings, Inc. (a)

     451,488  

1,192

  

Blackbaud, Inc. (a)

     85,025  

4,328

  

Box, Inc. (a)

     103,526  

1,712

  

C3 AI, Inc. (a)

     86,199  

2,017

  

Coupa Software, Inc. (a)

     437,689  

4,659

  

CrowdStrike Holdings, Inc. (a)

     1,181,569  

4,263

  

DocuSign, Inc. (a)

     1,270,544  

6,718

  

Dropbox, Inc. (a)

     211,550  

1,002

  

Everbridge, Inc. (a)

     141,502  

4,030

  

Medallia, Inc. (a)

     136,496  

125

  

MicroStrategy, Inc. Class A (a)

     78,251  

12,657

  

Oracle Corp.

     1,102,931  

1,408

  

Paycom Software, Inc. (a)

     563,200  

943

  

Qualys, Inc. (a)

     95,771  

4,037

  

Salesforce.com, Inc. (a)

     976,671  

989

  

SPS Commerce, Inc. (a)

     107,752  

2,590

  

Twilio, Inc. (a)

     967,598  

707

  

Upland Software, Inc. (a)

     25,452  

3,325

  

Veeva Systems, Inc. (a)

     1,106,261  

3,437

  

Workday, Inc. (a)

     805,633  

906

  

Workiva Inc. (a)

     117,572  

2,717

  

Zuora, Inc. (a)

     46,977  
     

 

 

 
        12,979,230  
     

 

 

 

Telecommunications - 3.6%

  

2,877

  

8x8 Inc. (a)

     73,536  

2,686

  

Zoom Video Communications, Inc. (a)

     1,015,578  
     

 

 

 
        1,089,114  
     

 

 

 
  

TOTAL COMMON STOCKS (Cost $18,349,287)

   $ 20,370,271  
     

 

 

 

SHORT TERM INVESTMENTS - 16.1%

  

Money Market Funds - 16.1%

  

51,285

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (c)(d)

   $ 51,285  

868,000

  

Goldman Sachs Financial Square Government Fund Institutional Shares, 0.03% (c)

     868,000  

3,955,841

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (c)

     3,955,841  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $4,875,126)

   $ 4,875,126  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $23,224,413) - 83.5% (e)

   $ 25,245,397  
  

Other Assets in Excess of Liabilities - 16.5%

     4,969,112  
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 30,214,509  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Non-income producing security.

(b)

A portion of this security represents a security on loan.

(c)

Represents annualized seven-day yield at July 31, 2021.

(d)

All or a portion of this security represents an investment of securities lending collateral.

(e)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $4,823,841.

ADR - American Depository Receipt


Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
     Contracts      Notional
Amount
     Unrealized
Appreciation
 

Total return of Indxx USA Cloud Computing Index

   0.4866% representing 1 month LIBOR rate + spread    Barclays      12/9/2021        15,513      $ 17,819,972      $ 2,190,526  

Total return of Indxx USA Cloud Computing Index

   0.2393% representing 1 month LIBOR rate + spread    Bank of America Merrill Lynch      12/9/2021        15,529        19,721,348        317,783  
              

 

 

    

 

 

 
               $ 37,541,320      $ 2,508,309  
              

 

 

    

 

 

 


Direxion Daily Cloud Computing Bear 2X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

SHORT TERM INVESTMENTS - 63.9%

  

Money Market Funds - 63.9%

  

490,000

  

Goldman Sachs Financial Square Government Fund Institutional Shares, 0.03% (a)

   $ 490,000  

8,690,274

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (a)

     8,690,274  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $9,180,274) (b)

   $ 9,180,274  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $9,180,274) - 63.9%

   $ 9,180,274  
  

Other Assets in Excess of Liabilities - 36.1%

     5,185,119  
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 14,365,393  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Represents annualized seven-day yield at July 31, 2021.

(b)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $9,180,274.

Short Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received/(Paid) at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
     Contracts      Notional
Amount
     Unrealized
Depreciation
 

(0.0608)% representing 1 month LIBOR rate + spread

  

Total return of Indxx USA Cloud Computing Index

   Bank of America Merrill Lynch      12/9/2021        20,120      $ 23,385,920      $ (2,662,689

0.1866% representing 1 month LIBOR rate + spread

  

Total return of Indxx USA Cloud Computing Index

   Barclays      12/15/2021        2,144        2,591,490        (175,282
              

 

 

    

 

 

 
               $ 25,977,410      $ (2,837,971
              

 

 

    

 

 

 


Direxion Daily Energy Bull 2X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

COMMON STOCKS - 74.3%

  

Gasoline Stations - 15.9%

  

875,642

  

Chevron Corp.

   $ 89,149,112  
     

 

 

 

Machinery Manufacturing - 1.9%

  

361,034

  

Baker Hughes, a GE Co.

     7,668,362  

193,883

  

NOV, Inc. (a)

     2,677,524  
     

 

 

 
        10,345,886  
     

 

 

 

Oil and Gas Extraction - 11.3%

  

187,600

  

APA Corp.

     3,517,500  

198,365

  

Cabot Oil & Gas Corp.

     3,173,840  

295,649

  

Devon Energy Corp.

     7,639,570  

244,914

  

EOG Resources, Inc.

     17,844,434  

391,179

  

Marathon Oil Corp.

     4,533,765  

416,949

  

Occidental Petroleum Corp.

     10,882,369  

217,326

  

Phillips 66

     15,958,248  
     

 

 

 
        63,549,726  
     

 

 

 

Petroleum and Coal Products Manufacturing - 26.6%

  

348,937

  

ConocoPhillips

     19,561,408  

1,720,318

  

Exxon Mobil Corp.

     99,038,707  

316,189

  

Marathon Petroleum Corp.

     17,459,957  

202,879

  

Valero Energy Corp.

     13,586,807  
     

 

 

 
        149,646,879  
     

 

 

 

Pipeline Transportation - 2.7%

  

602,913

  

Williams Companies, Inc.

     15,102,971  
     

 

 

 

Support Activities for Mining - 10.9%

  

89,835

  

Diamondback Energy, Inc.

     6,928,973  

441,592

  

Halliburton Co.

     9,132,123  

136,239

  

Hess Corp.

     10,414,109  

115,028

  

Pioneer Natural Resources Co.

     16,721,620  

633,519

  

Schlumberger Ltd. ADR

     18,264,353  
     

 

 

 
        61,461,178  
     

 

 

 

Utilities - 5.0%

  

966,617

  

Kinder Morgan, Inc.

     16,799,803  

221,132

  

ONEOK, Inc.

     11,492,230  
     

 

 

 
        28,292,033  
     

 

 

 
  

TOTAL COMMON STOCKS (Cost $375,789,054)

   $ 417,547,785  
     

 

 

 

SHORT TERM INVESTMENTS - 31.1%

  

Money Market Funds - 31.1%

  

139,464,371

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (b)

   $ 139,464,371  

16,530,000

  

Goldman Sachs Financial Square Government Fund Institutional Shares, 0.03% (b)

     16,530,000  

18,611,913

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (b)

     18,611,913  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $174,606,284)

   $ 174,606,284  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $550,395,338) - 105.4% (c)

   $ 592,154,069  
  

Liabilities in Excess of Other Assets - (5.4)%

     (30,415,739
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 561,738,330  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Non-income producing security.

(b)

Represents annualized seven-day yield at July 31, 2021.

(c)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $265,484,207.

ADR - American Depository Receipt

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
   Contracts      Notional
Amount
     Unrealized
Appreciation
(Depreciation)
 

Total return of Energy Select Sector Index

  

0.7266% representing 1 month LIBOR rate + spread

   Credit Suisse Capital LLC    12/7/2021      123,867      $ 65,781,244      $ (1,167,114

Total return of Energy Select Sector Index

  

0.7166% representing 1 month LIBOR rate + spread

   UBS Securities LLC    12/9/2021      372,870        201,852,844        (9,099,390

Total return of Energy Select Sector Index

  

0.5366% representing 1 month LIBOR rate + spread

   Barclays    12/13/2021      98,837        57,069,399        (5,954,936

Total return of Energy Select Sector Index

  

0.5366% representing 1 month LIBOR rate + spread

   BNP Paribas    12/15/2021      155,883        64,836,575        17,396,037  

Total return of Energy Select Sector Index

  

0.5366% representing 1 month LIBOR rate + spread

   BNP Paribas    1/19/2022      72,987        31,065,723        7,413,924  

Total return of Energy Select Sector Index

  

0.5366% representing 1 month LIBOR rate + spread

   BNP Paribas    2/16/2022      88,938        41,514,960        5,361,977  

Total return of Energy Select Sector Index

  

0.5366% representing 1 month LIBOR rate + spread

   BNP Paribas    4/20/2022      49,000        25,274,920        308,221  

Total return of Energy Select Sector Index

  

0.5366% representing 1 month LIBOR rate + spread

   BNP Paribas    5/18/2022      56,410        28,218,540        1,229,390  

Total return of Energy Select Sector Index

  

0.5366% representing 1 month LIBOR rate + spread

   J.P. Morgan    8/8/2022      348,369        188,959,315        (8,868,342
              

 

 

    

 

 

 
               $ 704,573,520      $ 6,619,767  
              

 

 

    

 

 

 


Direxion Daily Energy Bear 2X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

SHORT TERM INVESTMENTS - 45.0%

  

Money Market Funds - 45.0%

  

6,070,883

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (a)

   $ 6,070,883  

6,010,009

  

Goldman Sachs Financial Square Government Fund Institutional Shares, 0.03% (a)

     6,010,009  

3,698,277

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (a)

     3,698,277  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $15,779,169) (b)

   $ 15,779,169  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $15,779,169) - 45.0%

   $ 15,779,169  
  

Other Assets in Excess of Liabilities - 55.0%

     19,274,750  
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 35,053,919  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Represents annualized seven-day yield at July 31, 2021.

(b)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $15,779,169.

Short Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
   Contracts      Notional
Amount
     Unrealized
Appreciation
(Depreciation)
 

0.3866% representing 1 month LIBOR rate + spread

  

Total return of Energy Select Sector Index

   Credit Suisse Capital LLC    12/7/2021      9,650      $ 4,900,986      $ (139,063

0.3666% representing 1 month LIBOR rate + spread

  

Total return of Energy Select Sector Index

   UBS Securities LLC    12/9/2021      33,816        17,655,413        176,255  

0.1366% representing 1 month LIBOR rate + spread

  

Total return of Energy Select Sector Index

   Barclays    12/13/2021      48,087        24,096,087        (772,568

0.0866% representing 1 month LIBOR rate + spread

  

Total return of Energy Select Sector Index

   BNP Paribas    1/19/2022      5,351        2,195,659        (631,791

0.0866% representing 1 month LIBOR rate + spread

  

Total return of Energy Select Sector Index

   BNP Paribas    2/16/2022      9,275        4,328,272        (571,113

0.0866% representing 1 month LIBOR rate + spread

  

Total return of Energy Select Sector Index

   BNP Paribas    4/20/2022      4,759        2,384,828        (103,409

0.0866% representing 1 month LIBOR rate + spread

  

Total return of Energy Select Sector Index

   J.P. Morgan    8/12/2022      24,840        13,338,382        491,982  
              

 

 

    

 

 

 
               $ 68,899,627      $ (1,549,707
              

 

 

    

 

 

 


Direxion Daily Global Clean Energy Bull 2X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

INVESTMENT COMPANIES - 86.2%

  

187,600

  

iShares Global Clean Energy ETF (a)

   $ 4,260,396  
     

 

 

 
  

TOTAL INVESTMENT COMPANIES (Cost $4,283,765)

   $ 4,260,396  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $4,283,765) - 86.2%

   $ 4,260,396  
  

Other Assets in Excess of Liabilities - 13.8%

     684,490  
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 4,944,886  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Shareholders may obtain the financial statements of these investment companies at www.sec.gov.

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
     Contracts      Notional
Amount
     Unrealized
Depreciation
 

Total return of The S&P Global Clean Energy Index

  

0.5458% representing 1 month LIBOR rate + spread

   Bank of America Merrill Lynch      9/27/2022        247,881      $ 5,660,255      $ (31,135
              

 

 

    

 

 

 


Direxion Daily Gold Miners Index Bull 2X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

INVESTMENT COMPANIES - 47.7%

  

12,475,158

  

VanEck Vectors Gold Miners ETF (a)

   $ 435,632,517  
     

 

 

 
  

TOTAL INVESTMENT COMPANIES (Cost $459,595,598)

   $ 435,632,517  
     

 

 

 

SHORT TERM INVESTMENTS - 55.8%

  

Money Market Funds - 55.8%

  

386,119,551

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (b)

   $ 386,119,551  

123,488,562

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (b)

     123,488,562  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $509,608,113)

   $ 509,608,113  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $969,203,711) - 103.5% (c)

   $ 945,240,630  
  

Liabilities in Excess of Other Assets - (3.5)%

     (31,528,677
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 913,711,953  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Shareholders may obtain the financial statements of these investment companies at www.sec.gov.

(b)

Represents annualized seven-day yield at July 31, 2021.

(c)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $611,819,721.

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be
Received at Termination

 

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
   Contracts      Notional
Amount
     Unrealized
Appreciation
(Depreciation)
 

Total return of VanEck Vectors® Gold Miners ETF

 

0.9166% representing 1 month LIBOR rate + spread

   Credit Suisse Capital LLC    12/7/2021      360,313      $ 12,265,388      $ 270,795  

Total return of VanEck Vectors® Gold Miners ETF

 

0.9393% representing 1 month LIBOR rate + spread

   Bank of America Merrill Lynch    12/9/2021      6,547,478        232,500,944        (3,749,114

Total return of VanEck Vectors® Gold Miners ETF

 

1.2066% representing 1 month LIBOR rate + spread

   UBS Securities LLC    12/9/2021      7,956,324        277,641,453        (251,831

Total return of VanEck Vectors® Gold Miners ETF

 

0.9366% representing 1 month LIBOR rate + spread

   J.P. Morgan    12/9/2021      4,085,824        142,066,797        442,498  

Total return of VanEck Vectors® Gold Miners ETF

 

0.8366% representing 1 month LIBOR rate + spread

   Citibank N.A.    12/13/2021      11,195,938        387,432,081        2,662,264  

Total return of VanEck Vectors® Gold Miners ETF

 

0.8366% representing 1 month LIBOR rate + spread

   BNP Paribas    2/16/2022      187,688        6,766,305        540,018  

Total return of VanEck Vectors® Gold Miners ETF

 

0.8366% representing 1 month LIBOR rate + spread

   BNP Paribas    3/16/2022      1,600,000        53,402,016        2,271,852  

Total return of VanEck Vectors® Gold Miners ETF

 

0.8366% representing 1 month LIBOR rate + spread

   BNP Paribas    4/20/2022      4,000,000        136,182,843        3,116,662  

Total return of VanEck Vectors® Gold Miners ETF

 

0.8366% representing 1 month LIBOR rate + spread

   BNP Paribas    4/20/2022      400,000        14,288,285        (356,530

Total return of VanEck Vectors® Gold Miners ETF

 

0.8366% representing 1 month LIBOR rate + spread

   BNP Paribas    5/18/2022      981,243        36,150,021        (1,971,504

Total return of VanEck Vectors® Gold Miners ETF

 

0.8366% representing 1 month LIBOR rate + spread

   BNP Paribas    6/15/2022      2,041,611        80,054,704        (8,876,622

Total return of VanEck Vectors® Gold Miners ETF

 

0.8366% representing 1 month LIBOR rate + spread

   BNP Paribas    7/20/2022      500,000        17,145,142        307,303  
             

 

 

    

 

 

 
              $ 1,395,895,979      $ (5,594,209
             

 

 

    

 

 

 


Direxion Daily Gold Miners Index Bear 2X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

SHORT TERM INVESTMENTS - 100.4%

  

Money Market Funds - 100.4%

  

49,748,585

  

Dreyfus Government Cash Management Institutional Shares, 0.03%  (a)

   $ 49,748,585  

22,358,217

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01%  (a)

     22,358,217  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $72,106,802)  (b)

   $ 72,106,802  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $72,106,802) - 100.4%

   $ 72,106,802  
  

Liabilities in Excess of Other Assets - (0.4)%

     (319,073
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 71,787,729  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Represents annualized seven-day yield at July 31, 2021.

(b)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $72,106,802.

Short Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
   Contracts      Notional
Amount
     Unrealized
Appreciation
(Depreciation)
 

0.5266% representing 1 month LIBOR rate + spread

   Total return of VanEck Vectors® Gold Miners ETF    Credit Suisse Capital LLC    12/7/2021      628,065      $ 20,861,581      $ (1,023,035

0.7393% representing 1 month LIBOR rate + spread

   Total return of VanEck Vectors® Gold Miners ETF    Bank of America Merrill Lynch    12/9/2021      236,788        8,382,295        97,469  

0.6366% representing 1 month LIBOR rate + spread

   Total return of VanEck Vectors® Gold Miners ETF    UBS Securities LLC    12/9/2021      728,780        24,349,583        (1,094,971

0.0366% representing 1 month LIBOR rate + spread

   Total return of VanEck Vectors® Gold Miners ETF    J.P. Morgan    12/9/2021      299,960        10,247,417        (226,835

0.3166% representing 1 month LIBOR rate + spread

   Total return of VanEck Vectors® Gold Miners ETF    Citibank N.A.    12/13/2021      1,443,875        54,694,963        4,307,617  

0.4266% representing 1 month LIBOR rate + spread

   Total return of VanEck Vectors® Gold Miners ETF    BNP Paribas    6/15/2022      774,132        30,119,413        3,085,850  
              

 

 

    

 

 

 
               $ 148,655,252      $ 5,146,095  
              

 

 

    

 

 

 


Direxion Daily Junior Gold Miners Index Bull 2X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

INVESTMENT COMPANIES - 31.9%

  

4,292,204

  

VanEck VectorsTM Junior Gold Miners ETF  (a)

   $ 196,711,709  
     

 

 

 
  

TOTAL INVESTMENT COMPANIES (Cost $208,025,679)

   $ 196,711,709  
     

 

 

 

SHORT TERM INVESTMENTS - 82.7%

  

Money Market Funds - 82.7%

  

343,126,811

  

Dreyfus Government Cash Management Institutional Shares, 0.03%  (b)

   $ 343,126,811  

166,912,064

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01%  (b)

     166,912,064  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $510,038,875)

   $ 510,038,875  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $718,064,554) - 114.6%  (c)

   $ 706,750,584  
  

Liabilities in Excess of Other Assets - (14.6)%

     (89,976,448
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 616,774,136  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Shareholders may obtain the financial statements of these investment companies at www.sec.gov.

(b)

Represents annualized seven-day yield at July 31, 2021.

(c)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $556,302,152.

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
   Contracts      Notional
Amount
     Unrealized
Depreciation
 

Total return of VanEck VectorsTM Junior Gold Miners ETF

   1.3366% representing 1 month LIBOR rate + spread    Credit Suisse Capital LLC    12/7/2021      1,776,632      $ 84,169,044      $ (3,188,248

Total return of VanEck VectorsTM Junior Gold Miners ETF

   0.8466% representing 1 month LIBOR rate + spread    UBS Securities LLC    12/9/2021      829,116        44,760,247        (6,819,127

Total return of VanEck VectorsTM Junior Gold Miners ETF

   0.8866% representing 1 month LIBOR rate + spread    J.P. Morgan    12/9/2021      1,052,157        51,100,848        (3,044,284

Total return of VanEck VectorsTM Junior Gold Miners ETF

   0.9066% representing 1 month LIBOR rate + spread    Citibank N.A.    12/13/2021      12,550,518        602,651,222        (28,277,017

Total return of VanEck VectorsTM Junior Gold Miners ETF

   0.8366% representing 1 month LIBOR rate + spread    BNP Paribas    6/15/2022      6,415,038        340,638,518        (47,216,467
              

 

 

    

 

 

 
               $ 1,123,319,879      $ (88,545,143
              

 

 

    

 

 

 


Direxion Daily Junior Gold Miners Index Bear 2X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

SHORT TERM INVESTMENTS - 101.8%

  

Money Market Funds - 101.8%

  

61,540,239

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (a)

   $ 61,540,239  

8,284,778

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (a)

     8,284,778  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $69,825,017) (b)

   $ 69,825,017  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $69,825,017) - 101.8%

   $ 69,825,017  
  

Liabilities in Excess of Other Assets - (1.8)%

     (1,201,203
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 68,623,814  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Represents annualized seven-day yield at July 31, 2021.

(b)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $69,825,017.

Short Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

   Counterparty    Termination
Date
   Contracts      Notional
Amount
     Unrealized
Appreciation
(Depreciation)
 

0.7166% representing 1 month LIBOR rate + spread

   Total return of VanEck VectorsTM Junior Gold Miners ETF    Credit Suisse Capital
LLC
   12/7/2021      4,363      $ 208,422      $ 9,036  

0.4766% representing 1 month LIBOR rate + spread

   Total return of VanEck VectorsTM Junior Gold Miners ETF    UBS Securities LLC    12/8/2021      1,552,217        82,392,505        11,325,430  

0.3666% representing 1 month LIBOR rate + spread

   Total return of VanEck VectorsTM Junior Gold Miners ETF    Citibank N.A.    12/13/2021      786,525        34,814,111        (1,228,892

0.4266% representing 1 month LIBOR rate + spread

   Total return of VanEck VectorsTM Junior Gold Miners ETF    BNP Paribas    6/15/2022      651,626        34,601,341        4,767,382  
              

 

 

    

 

 

 
               $ 152,016,379      $ 14,872,956  
              

 

 

    

 

 

 


Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

INVESTMENT COMPANIES - 42.8%

  

506,053

  

Global X Robotics & Artificial Intelligence ETF (a)

   $ 17,210,862  
     

 

 

 
  

TOTAL INVESTMENT COMPANIES (Cost $13,313,527)

   $ 17,210,862  
     

 

 

 

SHORT TERM INVESTMENTS - 22.5%

  

Money Market Funds - 22.5%

  

3,699,259

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (b)

   $ 3,699,259  

1,529,003

  

Goldman Sachs Financial Square Government Fund Institutional Shares, 0.03% (b)

     1,529,003  

3,829,703

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (b)

     3,829,703  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $9,057,965)

   $ 9,057,965  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $22,371,492) - 65.3% (c)

   $ 26,268,827  
  

Other Assets in Excess of Liabilities - 34.7%

     13,921,832  
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 40,190,659  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Shareholders may obtain the financial statements of these investment companies at www.sec.gov.

(b)

Represents annualized seven-day yield at July 31, 2021.

(c)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $13,593,743.

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
   Contracts      Notional
Amount
     Unrealized
Appreciation
 

Total return of Indxx Global Robotics and Artificial Intelligence Thematic Index

   1.0866% representing 1 month LIBOR rate + spread    Credit Suisse Capital LLC    12/7/2021      225,516      $ 7,137,581      $ 528,311  

Total return of Indxx Global Robotics and Artificial Intelligence Thematic Index

   0.7866% representing 1 month LIBOR rate + spread    Barclays    12/9/2021      261,589        8,341,467        555,124  

Total return of Indxx Global Robotics and Artificial Intelligence Thematic Index

   0.8366% representing 1 month LIBOR rate + spread    UBS Securities LLC    12/13/2021      788,060        25,159,321        1,646,669  

Total return of Indxx Global Robotics and Artificial Intelligence Thematic Index

   0.5366% representing 1 month LIBOR rate + spread    J.P. Morgan    12/15/2021      582,251        18,756,829        1,055,401  
              

 

 

    

 

 

 
               $ 59,395,198      $ 3,785,505  
              

 

 

    

 

 

 


Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

COMMON STOCKS - 53.4%

  

Chemical Manufacturing - 1.6%

  

658,396

  

Alto Ingredients, Inc. (a)

   $ 3,489,499  

1,436,542

  

Gevo, Inc. (a)(b)

     8,748,540  
     

 

 

 
        12,238,039  
     

 

 

 

Gasoline Stations - 1.9%

  

111,291

   Chevron Corp.      11,330,537  

175,369

  

Delek US Holdings, Inc.

     3,047,913  
     

 

 

 
        14,378,450  
     

 

 

 

Machinery Manufacturing - 1.4%

  

708,864

  

Range Resources Corp. (a)

     10,795,999  
     

 

 

 

Merchant Wholesalers, Durable Goods - 0.1%

  

4,353

  

REX American Resources Corp. (a)

     356,946  
     

 

 

 

Merchant Wholesalers, Nondurable Goods - 0.4%

  

84,681

  

World Fuel Services Corp.

     2,918,107  
     

 

 

 

Mining (except Oil and Gas) - 0.9%

  

561,091

  

CNX Resources Corp. (a)

     6,789,201  
     

 

 

 

Oil and Gas Extraction - 31.0%

  

851,740

  

Antero Resources Corp. (a)

     11,583,664  

530,692

  

APA Corp.

     9,950,475  

66,319

  

Bonanza Creek Energy, Inc.

     2,551,292  

60,336

  

Brigham Minerals Inc.

     1,184,999  

695,001

  

Cabot Oil & Gas Corp.

     11,120,016  

1,233,555

  

Centennial Resource Development, Inc. (a)

     6,426,822  

167,843

  

Cimarex Energy Co.

     10,943,364  

1,111,990

  

Clean Energy Fuels Corp. (a)

     8,351,045  

170,388

  

Contango Oil & Gas Co. (a)(b)

     650,882  

338,009

  

Continental Resources, Inc.

     11,543,007  

410,022

  

Devon Energy Corp.

     10,594,968  

140,560

  

EOG Resources, Inc.

     10,241,202  

521,698

  

EQT Corp. (a)

     9,594,026  

196,813

  

Green Plains, Inc. (a)

     6,959,308  

1,302,221

  

Kosmos Energy Ltd. (a)

     3,008,130  

274,386

  

Magnolia Oil & Gas Corp. (a)

     3,841,404  

892,230

  

Marathon Oil Corp.

     10,340,946  

299,911

  

Matador Resources Co.

     9,267,250  

487,739

  

Murphy Oil Corp.

     10,588,814  

39,022

  

Oasis Petroleum, Inc.

     3,578,708  

423,913

  

Occidental Petroleum Corp.

     11,064,129  

382,344

  

Ovintiv, Inc.

     9,810,947  

87,373

  

Par Pacific Holdings, Inc. (a)

     1,431,170  

157,566

  

PDC Energy, Inc.

     6,231,735  

132,015

  

Phillips 66

     9,693,861  

179,752

  

Renewable Energy Group, Inc. (a)

     11,009,810  

552,411

  

SM Energy Co.

     10,330,086  

2,103,246

  

Southwestern Energy Co. (a)

     9,906,289  

91,547

  

Talos Energy, Inc. (a)

     1,056,452  

1,009,632

  

Tellurian, Inc. (a)(b)

     3,806,313  

115,035

  

Whiting Petroleum Corp. (a)

     5,395,141  
     

 

 

 
        232,056,255  
     

 

 

 

Petroleum and Coal Products Manufacturing - 8.6%

  

200,267

   ConocoPhillips      11,226,968  

154,598

  

CVR Energy, Inc.

     2,111,809  

193,169

  

Exxon Mobil Corp.

     11,120,739  

346,099

  

HollyFrontier Corp.

     10,175,311  

70,752

  

Laredo Petroleum, Inc. (a)

     3,895,605  

190,091

  

Marathon Petroleum Corp.

     10,496,825  

623,406

  

PBF Energy, Inc. (a)

     5,716,633  

147,734

  

Valero Energy Corp.

     9,893,746  
     

 

 

 
        64,637,636  
     

 

 

 

Support Activities for Mining - 7.0%

  

245,288

  

Callon Petroleum Co. (a)

     9,654,536  

130,128

  

Denbury, Inc. (a)

     8,550,711  

137,615

  

Diamondback Energy, Inc.

     10,614,245  

133,911

   Hess Corp.      10,236,157  

154,795

  

Northern Oil and Gas, Inc.

     2,673,309  

73,722

  

Pioneer Natural Resources Co.

     10,716,967  
     

 

 

 
        52,445,925  
     

 

 

 

Utilities - 0.5%

  

112,610

  

New Fortress Energy, Inc.

     3,413,210  
     

 

 

 
  

TOTAL COMMON STOCKS (Cost $443,674,026)

   $ 400,029,768  
     

 

 

 

SHORT TERM INVESTMENTS - 49.8%

  

Money Market Funds - 49.8%

  

286,620,392

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (c)(d)

   $ 286,620,392  

86,661,147

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (c)

     86,661,147  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $373,281,539)

   $ 373,281,539  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $816,955,565) - 103.2% (e)

   $ 773,311,307  
  

Liabilities in Excess of Other Assets - (3.2)%

     (24,354,093
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 748,957,214  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Non-income producing security.

(b)

A portion of this security represents a security on loan.

(c)

Represents annualized seven-day yield at July 31, 2021.

(d)

All or a portion of this security represents an investment of securities lending collateral.

(e)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $464,058,708.


Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
   Contracts      Notional
Amount
     Unrealized
Appreciation
(Depreciation)
 

Total return of S&P Oil & Gas Exploration & Production Select Industry Index

   0.5866% representing 1 month LIBOR rate + spread    BNP Paribas    11/17/2021      8,000      $ 12,917,794      $ 12,714,642  

Total return of S&P Oil & Gas Exploration & Production Select Industry Index

   0.7366% representing 1 month LIBOR rate + spread    Credit Suisse Capital LLC    12/7/2021      51,855        125,359,623        39,953,008  

Total return of S&P Oil & Gas Exploration & Production Select Industry Index

   0.4893% representing 1 month LIBOR rate + spread    Bank of America Merrill Lynch    12/9/2021      39,051        126,501,234        (2,642,258

Total return of S&P Oil & Gas Exploration & Production Select Industry Index

   0.7966% representing 1 month LIBOR rate + spread    UBS Securities LLC    12/9/2021      63,554        142,645,682        60,202,097  

Total return of S&P Oil & Gas Exploration & Production Select Industry Index

   0.3366% representing 1 month LIBOR rate + spread    J.P. Morgan    12/9/2021      76,236        175,145,349        68,509,876  

Total return of S&P Oil & Gas Exploration & Production Select Industry Index

   0.4666% representing 1 month LIBOR rate + spread    Citibank N.A.    12/13/2021      44,696        148,902,053        (6,831,679

Total return of S&P Oil & Gas Exploration & Production Select Industry Index

   0.5866% representing 1 month LIBOR rate + spread    BNP Paribas    12/15/2021      35,000        79,232,463        32,501,954  

Total return of S&P Oil & Gas Exploration & Production Select Industry Index

   0.5866% representing 1 month LIBOR rate + spread    BNP Paribas    2/16/2022      6,000        16,472,120        2,665,321  

Total return of S&P Oil & Gas Exploration & Production Select Industry Index

   0.5866% representing 1 month LIBOR rate + spread    BNP Paribas    7/20/2022      22,000        81,797,540        (12,093,876
              

 

 

    

 

 

 
               $ 908,973,858      $ 194,979,085  
              

 

 

    

 

 

 


Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

SHORT TERM INVESTMENTS - 57.1%

  

Money Market Funds - 57.1%

  

11,856,014

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (a)

   $ 11,856,014  

20,035,352

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (a)

     20,035,352  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $31,891,366) (b)

   $ 31,891,366  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $31,891,366) - 57.1%

   $ 31,891,366  
  

Other Assets in Excess of Liabilities - 42.9%

     23,934,296  
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 55,825,662  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Represents annualized seven-day yield at July 31, 2021.

(b)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $31,891,366.

Short Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received/(Paid) at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
   Contracts      Notional
Amount
     Unrealized
Depreciation
 

0.3866% representing 1 month LIBOR rate + spread

   Total return of S&P Oil & Gas Exploration & Production Select Industry Index    Credit Suisse Capital LLC    12/7/2021      1,357      $ 3,428,100      $ (904,508

(0.3134)% representing 1 month LIBOR rate + spread

   Total return of S&P Oil & Gas Exploration & Production Select Industry Index    J.P. Morgan    12/9/2021      9,646        29,085,487        (1,727,565

0.3666% representing 1 month LIBOR rate + spread

   Total return of S&P Oil & Gas Exploration & Production Select Industry Index    UBS Securities LLC    12/9/2021      9,172        21,071,845        (8,257,555

0.0366% representing 1 month LIBOR rate + spread

   Total return of S&P Oil & Gas Exploration & Production Select Industry Index    Citibank N.A.    12/13/2021      9,455        29,757,472        (297,655

0.2893% representing 1 month LIBOR rate + spread

   Total return of S&P Oil & Gas Exploration & Production Select Industry Index    Bank of America Merrill Lynch    12/13/2021      5,597        17,700,040        (40,617
              

 

 

    

 

 

 
               $ 101,042,944      $ (11,227,900
              

 

 

    

 

 

 


Direxion Daily Travel & Vacation Bull 2X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

COMMON STOCKS - 93.8%

  

Accommodation - 27.7%

  

1,587

  

Boyd Gaming Co. (a)

   $ 90,459  

1,770

  

Caesars Entertainment Inc. (a)

     154,627  

897

  

Choice Hotels International, Inc.

     107,550  

1,909

  

Hilton Grand Vacations, Inc. (a)

     77,639  

2,397

  

Hilton Worldwide Holdings, Inc. (a)

     315,086  

8,254

  

Host Hotels & Resorts, Inc. (a)

     131,486  

1,789

  

Huazhu Group Ltd. ADR (a)

     80,469  

2,392

  

InterContinental Hotels Group PLC ADR (United Kingdom) (a)

     158,015  

3,112

  

Marriott International, Inc. Class A (a)

     454,290  

5,393

  

Melco Crown Entertainment Ltd. ADR (a)

     75,070  

5,524

  

MGM Resorts International

     207,316  

4,737

  

Park Hotels & Resorts, Inc. (a)

     87,634  

6,082

  

Service Property Trust

     67,693  

6,439

  

Sunstone Hotel Investors, Inc. (a)

     74,306  

1,622

  

Travel + Leisure Co.

     84,020  

433

  

Vail Resorts, Inc. (a)

     132,152  

1,511

  

Wyndham Hotels & Resorts, Inc.

     108,883  
     

 

 

 
        2,406,695  
     

 

 

 

Administrative and Support Services - 8.9%

  

200

  

Booking Holdings, Inc. (a)

     435,652  

2,220

  

Live Nation Entertainment, Inc. (a)

     175,136  

1,730

  

Six Flags Entertainment Corp. (a)

     71,881  

2,277

  

TripAdvisor, Inc. (a)

     86,412  
     

 

 

 
        769,081  
     

 

 

 

Air Transportation - 18.0%

  

2,038

  

Alaska Air Group, Inc. (a)

     118,265  

399

  

Allegiant Travel Co. (a)

     75,858  

8,307

  

American Airlines Group, Inc. (a)

     169,297  

7,528

  

Delta Air Lines, Inc. (a)

     300,367  

5,683

  

JetBlue Airways Corp. (a)

     84,052  

1,821

  

Ryanair Holdings PLC ADR (Ireland) (a)

     198,562  

1,597

  

SKYWEST, Inc. (a)

     64,663  

5,718

  

Southwest Airlines Co. (a)

     288,873  

2,731

  

Spirit Airlines, Inc. (a)

     73,682  

4,056

  

United Continental Holdings, Inc. (a)

     189,496  
     

 

 

 
        1,563,115  
     

 

 

 

Amusement, Gambling, and Recreation Industries - 9.1%

  

4,810

  

Las Vegas Sands Corp. (a)

     203,704  

2,617

  

The Walt Disney Co. (a)

     460,644  

1,293

  

Wynn Resorts Ltd. (a)

     127,141  
     

 

 

 
        791,489  
     

 

 

 

Data Processing, Hosting and Related Services - 3.9%

  

2,379

  

Airbnb, Inc. (a)

     342,600  
     

 

 

 

Management of Companies and Enterprises - 2.4%

  

7,871

  

Trip.com Group Ltd. ADR (China) (a)

     204,095  
     

 

 

 

Other Information Services - 0.9%

  

6,961

  

Sabre Corp. (a)

     82,070  
     

 

 

 

Performing Arts, Spectator Sports, and Related Industries - 2.7%

  

585

  

Churchill Downs, Inc.

     108,693  

1,811

  

Penn National Gaming, Inc. (a)

     123,836  
     

 

 

 
        232,529  
     

 

 

 

Real Estate - 10.1%

  

5,818

  

Apple Hospitality REIT, Inc.

     86,979  

3,013

  

Gaming & Leisure Properties, Inc.

     142,635  

704

  

Marriott Vacations Worldwide Corp. (a)

     103,749  

2,900

  

MGM Growth Properties LLC

     109,620  

3,615

  

Pebblebrook Hotel Trust

     81,301  

4,976

  

RLJ Lodging Trust

     71,406  

1,256

  

Ryman Hospitality Properties, Inc. (a)

     96,335  

5,871

  

VICI Properties, Inc.

     183,117  
     

 

 

 
        875,142  
     

 

 

 

Securities, Commodity Contracts, and Other Financial Investment

  

3,763

  

Virgin Galactic Holdings, Inc. (a)(b)

     112,852  
     

 

 

 


Support Activities for Transportation - 2.6%

  

1,407

  

Expedia, Inc. (a)

     226,344  
     

 

 

 

Water Transportation - 6.2%

  

9,853

  

Carnival Corp. ADR (a)

     213,318  

5,343

  

Norwegian Cruise Line Holdings Ltd. ADR (a)

     128,392  

2,578

  

Royal Caribbean Cruises Ltd. ADR (Liberia) (a)

     198,171  
     

 

 

 
        539,881  
     

 

 

 
  

TOTAL COMMON STOCKS (Cost $8,960,395)

     8,145,893  
     

 

 

 

SHORT TERM INVESTMENTS -

  

Money Market Funds - 6.7%

  

13,199

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (c)(d)

     13,199  

567,000

  

Goldman Sachs Financial Square Government Fund Institutional Shares, 0.03% (c)

     567,000  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $580,199)

     580,199  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $9,540,594) - 100.5% (e)

     8,726,092  
  

Liabilities in Excess of Other Assets - (0.5)%

     (40,124
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

     8,685,968  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Non-income producing security.

(b)

A portion of this security represents a security on loan.

(c)

Represents annualized seven-day yield at July 31, 2021.

(d)

All or a portion of this security represents an investment of securities lending collateral.

(e)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $4,511,433.

ADR - American Depository Receipt

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
   Contracts      Notional
Amount
     Unrealized
Depreciation
 

Total return of BlueStar® Travel and Vacation Index

   0.5866% representing 1 month LIBOR rate + spread    Barclays    12/15/2021      60,464      $ 9,934,773      $ (709,618 )
              

 

 

    

 

 

 


Direxion Daily Mid Cap Bull 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

INVESTMENT COMPANIES - 61.8%

  

246,476

  

iShares Core S&P Mid-Cap ETF (a)

   $ 66,477,042  
     

 

 

 
  

TOTAL INVESTMENT COMPANIES (Cost $51,799,247)

   $ 66,477,042  
     

 

 

 

SHORT TERM INVESTMENTS - 22.5%

  

Money Market Funds - 22.5%

  

3,026,203

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (b)

   $ 3,026,203  

9,000,005

  

Goldman Sachs Financial Square Government Fund Institutional Shares, 0.03% (b)

     9,000,005  

12,157,113

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (b)

     12,157,113  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $24,183,321)

   $ 24,183,321  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $75,982,568) - 84.3% (c)

   $ 90,660,363  
  

Other Assets in Excess of Liabilities - 15.7%

     16,834,487  
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 107,494,850  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Shareholders may obtain the financial statements of these investment companies at www.sec.gov.

(b)

Represents annualized seven-day yield at July 31, 2021.

(c)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $72,255,353.

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
   Contracts      Notional
Amount
     Unrealized
Appreciation
 

Total return of S&P MidCap 400® Index

   0.4866% representing 1 month LIBOR rate + spread    Barclays    12/9/2021      16,710      $ 44,631,337      $ 553,767  

Total return of S&P MidCap 400® Index

   0.5393% representing 1 month LIBOR rate + spread    Bank of America Merrill Lynch    12/9/2021      19,425        44,273,796        8,503,242  

Total return of S&P MidCap 400® Index

   0.3866% representing 1 month LIBOR rate + spread    J.P. Morgan    12/9/2021      52,887        135,373,286        8,084,903  

Total return of S&P MidCap 400® Index

   0.4366% representing 1 month LIBOR rate + spread    BNP Paribas    4/20/2022      5,667        15,029,923        324,310  
              

 

 

    

 

 

 
               $ 239,308,342      $ 17,466,222  
              

 

 

    

 

 

 


Direxion Daily S&P 500® Bull 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

       Fair Value  

INVESTMENT COMPANIES - 72.0%

  

4,391,330

 

iShares Core S&P 500 ETF (a)

   $ 1,933,941,732  
    

 

 

 
 

TOTAL INVESTMENT COMPANIES (Cost $1,719,044,835)

   $ 1,933,941,732  
    

 

 

 

SHORT TERM INVESTMENTS - 29.4%

  

Money Market Funds - 29.4%

  

432,732,533

 

Dreyfus Government Cash Management Institutional Shares, 0.03% (b)

   $ 432,732,533  

145,653,000

 

Goldman Sachs Financial Square Government Fund Institutional Shares, 0.03% (b)

     145,653,000  

210,850,114

 

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (b)

     210,850,114  
    

 

 

 
 

TOTAL SHORT TERM INVESTMENTS (Cost $789,235,647)

   $ 789,235,647  
    

 

 

 
 

TOTAL INVESTMENTS (Cost $2,508,280,482) - 101.4% (c)

   $ 2,723,177,379  
 

Liabilities in Excess of Other Assets - (1.4)%

     (36,187,661
    

 

 

 
 

TOTAL NET ASSETS - 100.0%

   $ 2,686,989,718  
    

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Shareholders may obtain the financial statements of these investment companies at www.sec.gov.

(b)

Represents annualized seven-day yield at July 31, 2021.

(c)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $1,740,671,403.

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
     Contracts      Notional
Amount
     Unrealized
Appreciation
 

Total return of S&P 500® Index

   0.5366% representing 1 month LIBOR rate + spread    Barclays      12/9/2021        281,810      $ 1,192,796,758      $ 47,263,651  

Total return of S&P 500® Index

   0.5393% representing 1 month LIBOR rate + spread    Bank of America Merrill Lynch      12/9/2021        161,112        624,577,126        86,432,813  

Total return of S&P 500® Index

   0.7066% representing 1 month LIBOR rate + spread    UBS Securities LLC      12/9/2021        87,351        362,516,758        22,097,924  

Total return of S&P 500® Index

   0.4366% representing 1 month LIBOR rate + spread    J.P. Morgan      12/9/2021        270,042        1,108,723,373        80,743,678  

Total return of S&P 500® Index

   0.3366% representing 1 month LIBOR rate + spread    Citibank N.A.      12/13/2021        269,111        1,037,551,754        150,638,230  

Total return of S&P 500® Index

   0.5366% representing 1 month LIBOR rate + spread    BNP Paribas      12/15/2021        94,801        348,187,009        70,681,641  

Total return of S&P 500® Index

   0.5366% representing 1 month LIBOR rate + spread    BNP Paribas      2/16/2022        60,000        228,296,168        36,577,382  

Total return of S&P 500® Index

   0.5366% representing 1 month LIBOR rate + spread    BNP Paribas      3/16/2022        40,000        155,959,974        20,432,795  

Total return of S&P 500® Index

   0.5366% representing 1 month LIBOR rate + spread    BNP Paribas      4/20/2022        33,786        140,028,606        8,795,154  

Total return of S&P 500® Index

   0.5366% representing 1 month LIBOR rate + spread    BNP Paribas      5/18/2022        46,150        192,178,434        11,051,003  

Total return of S&P 500® Index

   0.5366% representing 1 month LIBOR rate + spread    BNP Paribas      6/15/2022        43,992        183,391,258        10,259,955  

Total return of S&P 500® Index

   0.5366% representing 1 month LIBOR rate + spread    BNP Paribas      7/20/2022        5,857        24,734,852        1,024,708  
              

 

 

    

 

 

 
               $ 5,598,942,070      $ 545,998,934  
              

 

 

    

 

 

 


Direxion Daily S&P 500® Bear 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

SHORT TERM INVESTMENTS - 117.5%

  

Money Market Funds -117.5%

  

244,946,730

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (a)

   $ 244,946,730  

40,760,000

  

Goldman Sachs Financial Square Government Fund Institutional Shares, 0.03% (a)

     40,760,000  

179,778,932

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (a)

     179,778,932  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $465,485,662) (b)

   $ 465,485,662  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $465,485,662) - 117.5%

   $ 465,485,662  
  

Liabilities in Excess of Other Assets - (17.5)%

     (69,479,568
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 396,006,094  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Represents annualized seven-day yield at July 31, 2021.

(b)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $465,485,662.

Short Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

   Counterparty    Termination
Date
     Contracts      Notional
Amount
     Unrealized
Depreciation
 

0.1866% representing 1 month LIBOR rate + spread

   Total return of S&P 500® Index    J.P. Morgan      12/9/2021        77,731      $ 329,666,319      $ (12,486,540

0.1366% representing 1 month LIBOR rate + spread

   Total return of S&P 500® Index    Barclays      12/9/2021        35,595        146,056,724        (10,714,209

0.3393% representing 1 month LIBOR rate + spread

   Total return of S&P 500® Index    Bank of America
Merrill Lynch
     12/9/2021        21,493        86,491,430        (8,311,651

0.4166% representing 1 month LIBOR rate + spread

   Total return of S&P 500® Index    UBS Securities LLC      12/9/2021        53,006        225,510,672        (7,768,777

0.1366% representing 1 month LIBOR rate + spread

   Total return of S&P 500® Index    Citibank N.A.      12/13/2021        54,698        221,722,449        (19,489,526

0.0866% representing 1 month LIBOR rate + spread

   Total return of S&P 500® Index    BNP Paribas      3/16/2022        10,164        38,909,735        (5,994,688

0.0866% representing 1 month LIBOR rate + spread

   Total return of S&P 500® Index    BNP Paribas      5/18/2022        14,087        58,473,086        (3,622,719

0.0866% representing 1 month LIBOR rate + spread

   Total return of S&P 500® Index    BNP Paribas      6/15/2022        3,525        14,894,013        (624,017
              

 

 

    

 

 

 
               $ 1,121,724,428      $ (69,012,127
              

 

 

    

 

 

 


Direxion Daily Small Cap Bull 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

          Fair Value  
 

INVESTMENT COMPANIES - 60.9%

  
  4,945,762     

iShares Russell 2000 ETF (a)(b)

   $ 1,093,260,690  
     

 

 

 
  

TOTAL INVESTMENT COMPANIES (Cost $1,101,310,737)

   $ 1,093,260,690  
     

 

 

 
 

SHORT TERM INVESTMENTS - 53.3%

  
 

Money Market Funds - 53.3%

  
  598,534,620     

Dreyfus Government Cash Management Institutional Shares, 0.03% (c)(d)

   $ 598,534,620  
  20,300,000     

Goldman Sachs Financial Square Government Fund Institutional Shares, 0.03% (c)

     20,300,000  
  337,373,609     

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (c)

     337,373,609  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $956,208,229)

   $ 956,208,229  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $2,057,518,966) - 114.2% (e)

   $ 2,049,468,919  
  

Liabilities in Excess of Other Assets - (14.2)%

     (254,408,641
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 1,795,060,278  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a) 

Shareholders may obtain the financial statements of these investment companies at www.sec.gov.

(b) 

A portion of this security represents a security on loan.

(c) 

Represents annualized seven-day yield at July 31, 2021.

(d) 

All or a portion of this security represents an investment of securities lending collateral.

(e) 

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $1,150,181,853.

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be
Received at Termination

  

Terms of Payments to be
Paid at Termination

   Counterparty      Termination
Date
     Contracts      Notional
Amount
     Unrealized
Appreciation
(Depreciation)
 

Total return of Russell 2000® Index

   0.5866% representing 1 month LIBOR rate + spread     
Credit Suisse
Capital LLC
 
 
     12/8/2021        85,000      $ 188,670,626      $ 753,801  

Total return of Russell 2000® Index

   0.3866% representing 1 month LIBOR rate + spread      Barclays        12/9/2021        395,000        867,499,634        13,146,637  

Total return of Russell 2000® Index

   0.4893% representing 1 month LIBOR rate + spread     
Bank of America
Merrill Lynch
 
 
     12/9/2021        454,255        1,006,674,687        4,600,468  

Total return of Russell 2000® Index

   0.6866% representing 1 month LIBOR rate + spread     
UBS Securities
LLC
 
 
     12/9/2021        255,462        464,505,788        106,060,162  

Total return of Russell 2000® Index

   0.3866% representing 1 month LIBOR rate + spread      J.P. Morgan        12/9/2021        130,138        289,338,362        807,905  

Total return of Russell 2000® Index

   0.3466% representing 1 month LIBOR rate + spread      Citibank N.A.        12/13/2021        365,743        795,241,026        20,793,708  

Total return of Russell 2000® Index

   0.3866% representing 1 month LIBOR rate + spread      BNP Paribas        5/18/2022        209,380        469,234,296        (2,439,316

Total return of Russell 2000® Index

   0.3866% representing 1 month LIBOR rate + spread      BNP Paribas        6/15/2022        32,905        72,181,790        1,145,998  
              

 

 

    

 

 

 
               $ 4,153,346,209      $ 144,869,363  
              

 

 

    

 

 

 


Direxion Daily Small Cap Bear 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

          Fair Value  
 

SHORT TERM INVESTMENTS - 108.4%

  
 

Money Market Funds - 108.4%

  
  276,762,483     

Dreyfus Government Cash Management Institutional Shares, 0.03% (a)

   $ 276,762,483  
  120,036,109     

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (a)

     120,036,109  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $396,798,592) (b)

   $ 396,798,592  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $396,798,592) - 108.4%

   $ 396,798,592  
  

Liabilities in Excess of Other Assets - (8.4)%

     (30,743,442
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 366,055,150  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a) 

Represents annualized seven-day yield at July 31, 2021.

(b) 

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $396,798,592.

Short Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be
Received at Termination

  

Terms of Payments to be
Paid at Termination

   Counterparty      Termination
Date
     Contracts      Notional Amount      Unrealized
Appreciation
(Depreciation)
 

0.2893% representing 1 month LIBOR rate + spread

   Total return of Russell 2000® Index     
Bank of America
Merrill Lynch
 
 
     12/9/2021        90,270      $ 199,310,430      $ (1,658,581

0.3166% representing 1 month LIBOR rate + spread

   Total return of Russell 2000® Index      UBS Securities LLC        12/9/2021        59,551        109,873,024        (23,384,525

0.0366% representing 1 month LIBOR rate + spread

   Total return of Russell 2000® Index      Citibank N.A.        12/13/2021        91,498        198,991,334        (5,093,087

0.0866% representing 1 month LIBOR rate + spread

   Total return of Russell 2000® Index      J.P. Morgan        12/16/2021        89,920        204,600,317        4,166,328  

0.1866% representing 1 month LIBOR rate + spread

   Total return of Russell 2000® Index      BNP Paribas        1/19/2022        119,938        255,223,147        (12,815,020

0.1866% representing 1 month LIBOR rate + spread

   Total return of Russell 2000® Index      BNP Paribas        2/16/2022        16,033        34,323,103        (1,506,268

0.1866% representing 1 month LIBOR rate + spread

   Total return of Russell 2000® Index      BNP Paribas        7/20/2022        26,093        58,371,963        243,358  
              

 

 

    

 

 

 
               $ 1,060,693,318      $ (40,047,795
              

 

 

    

 

 

 


Direxion Daily FTSE China Bull 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

INVESTMENT COMPANIES - 61.1%

  

6,015,593

   iShares China Large-Cap ETF (a)    $ 243,872,141  
     

 

 

 
  

TOTAL INVESTMENT COMPANIES (Cost $259,504,926)

   $ 243,872,141  
     

 

 

 

SHORT TERM INVESTMENTS - 53.0%

  

Money Market Funds - 53.0%

  

149,704,772

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (b)

   $ 149,704,772  

62,019,891

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (b)

     62,019,891  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $211,724,663)

   $ 211,724,663  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $471,229,589) - 114.1% (c)

   $ 455,596,804  
  

Liabilities in Excess of Other Assets - (14.1)%

     (56,352,063
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 399,244,741  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a) 

Shareholders may obtain the financial statements of these investment companies at www.sec.gov.

(b) 

Represents annualized seven-day yield at July 31, 2021.

(c) 

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $405,897,074.

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

   Counterparty      Termination Date      Contracts      Notional
Amount
     Unrealized
Depreciation
 

Total return of iShares China Large- Cap ETF

   0.3366% representing 1 month LIBOR rate + spread      UBS Securities LLC        12/9/2021        2,728,513      $ 116,131,651      $ (5,493,033

Total return of iShares China Large- Cap ETF

   0.3393% representing 1 month LIBOR rate + spread     
Bank of America
Merrill Lynch
 
 
     1/26/2022        11,896,971        523,238,655        (40,371,234

Total return of iShares China Large- Cap ETF

   0.4366% representing 1 month LIBOR rate + spread      BNP Paribas        4/20/2022        3,847,942        179,294,117        (22,490,319

Total return of iShares China Large- Cap ETF

   0.4366% representing 1 month LIBOR rate + spread      BNP Paribas        7/20/2022        5,055,846        231,929,930        (26,958,033
              

 

 

    

 

 

 
               $ 1,050,594,353      $ (95,312,619
              

 

 

    

 

 

 


Direxion Daily FTSE China Bear 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

SHORT TERM INVESTMENTS - 109.5%

  

Money Market Funds - 109.5%

  

25,894,506

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (a)

   $ 25,894,506  

25,866,992

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (a)

     25,866,992  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $51,761,498) (b)

   $ 51,761,498  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $51,761,498) - 109.5%

   $ 51,761,498  
  

Liabilities in Excess of Other Assets - (9.5)%

     (4,487,313
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 47,274,185  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Represents annualized seven-day yield at July 31, 2021.

(b)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $51,761,498.

Short Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be
Received/(Paid) at Termination

  

Terms of Payments to be
Paid at Termination

  

Counterparty

   Termination
Date
   Contracts      Notional
Amount
     Unrealized
Appreciation
(Depreciation)
 

(0.7543)% representing 1 month LIBOR rate + spread

   Total return of iShares China Large-Cap ETF    UBS Securities LLC    12/14/2021      1,164,961      $ 47,639,436      $ 410,125  

0.1401% representing 1 month LIBOR rate + spread

   Total return of iShares China Large-Cap ETF    Bank of America Merrill Lynch    1/26/2023      2,333,455        93,264,006        (1,332,584
              

 

 

    

 

 

 
               $ 140,903,442      $ (922,459
              

 

 

    

 

 

 


Direxion Daily FTSE Europe Bull 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

INVESTMENT COMPANIES - 41.9%

  

358,137

  

Vanguard FTSE Europe ETF (a)

   $ 24,535,966  
     

 

 

 
  

TOTAL INVESTMENT COMPANIES (Cost $21,904,782)

   $ 24,535,966  
     

 

 

 

SHORT TERM INVESTMENTS - 34.8%

  

Money Market Funds - 34.8%

  

12,078,393

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (b)

   $ 12,078,393  

8,306,636

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (b)

     8,306,636  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $20,385,029)

   $ 20,385,029  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $42,289,811) - 76.7% (c)

   $ 44,920,995  
  

Other Assets in Excess of Liabilities - 23.3%

     13,632,454  
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 58,553,449  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Shareholders may obtain the financial statements of these investment companies at www.sec.gov.

(b)

Represents annualized seven-day yield at July 31, 2021.

(c)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $34,537,688.

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
   Contracts      Notional
Amount
     Unrealized
Appreciation
 

Total return of Vanguard FTSE Europe ETF

   0.7866% representing 1 month LIBOR rate + spread    Credit Suisse Capital LLC    12/7/2021      183,065      $ 11,626,977      $ 1,039,866  

Total return of Vanguard FTSE Europe ETF

   0.7866% representing 1 month LIBOR rate + spread    UBS Securities LLC    12/9/2021      595,433        40,510,150        327,351  

Total return of Vanguard FTSE Europe ETF

   0.5366% representing 1 month LIBOR rate + spread    J.P. Morgan    12/9/2021      493,857        30,179,400        4,045,547  

Total return of Vanguard FTSE Europe ETF

   0.5866% representing 1 month LIBOR rate + spread    Citibank N.A.    12/10/2021      509,904        35,089,473        165,671  

Total return of Vanguard FTSE Europe ETF

   0.3366% representing 1 month LIBOR rate + spread    BNP Paribas    1/19/2022      269,753        16,188,257        2,529,801  

Total return of Vanguard FTSE Europe ETF

   0.3366% representing 1 month LIBOR rate + spread    BNP Paribas    2/16/2022      70,776        4,412,792        498,930  

Total return of Vanguard FTSE Europe ETF

   0.3366% representing 1 month LIBOR rate + spread    BNP Paribas    4/20/2022      39,943        2,623,094        140,200  

Total return of Vanguard FTSE Europe ETF

   0.3366% representing 1 month LIBOR rate + spread    BNP Paribas    8/17/2022      43,157        2,928,649        27,845  
              

 

 

    

 

 

 
               $ 143,558,792      $ 8,775,211  
              

 

 

    

 

 

 


Direxion Daily MSCI Emerging Markets Bull 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

INVESTMENT COMPANIES - 44.3%

  

1,590,288

  

iShares MSCI Emerging Markets ETF  (a)(b)

   $ 82,058,861  
     

 

 

 
  

TOTAL INVESTMENT COMPANIES (Cost $87,019,820)

   $ 82,058,861  
     

 

 

 

SHORT TERM INVESTMENTS - 73.4%

  

Money Market Funds - 73.4%

 

91,537,664

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (c)(d)

   $ 91,537,664  

44,268,941

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (c)

     44,268,941  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $135,806,605)

   $ 135,806,605  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $222,826,425) - 117.7% (e)

   $ 217,865,466  
  

Liabilities in Excess of Other Assets - (17.7)%

     (32,835,265
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 185,030,201  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Shareholders may obtain the financial statements of these investment companies at www.sec.gov.

(b)

A portion of this security represents a security on loan.

(c)

Represents annualized seven-day yield at July 31, 2021.

(d)

All or a portion of this security represents an investment of securities lending collateral.

(e)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $101,922,767.

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid/(Received) at Termination

  

Counterparty

   Termination
Date
   Contracts      Notional
Amount
     Unrealized
Depreciation
 

Total return of iShares MSCI Emerging Markets ETF

   (0.1108)% representing 1 month LIBOR rate + spread    Bank of America Merrill Lynch    10/26/2021      100,000      $ 5,398,079      $ (214,840

Total return of iShares MSCI Emerging Markets ETF

   0.8566% representing 1 month LIBOR rate + spread    UBS Securities LLC    11/23/2021      5,776,616        308,010,403        (9,369,766

Total return of iShares MSCI Emerging Markets ETF

   0.4366% representing 1 month LIBOR rate + spread    J.P. Morgan    12/9/2021      990,795        53,756,079        (2,702,495

Total return of iShares MSCI Emerging Markets ETF

   0.4266% representing 1 month LIBOR rate + spread    Citibank N.A.    12/13/2021      2,300,000        125,416,492        (6,487,849
              

 

 

    

 

 

 
               $ 492,581,053      $ (18,774,950
              

 

 

    

 

 

 


Direxion Daily MSCI Emerging Markets Bear 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

SHORT TERM INVESTMENTS - 54.8%

  

Money Market Funds - 54.8%

 

8,753,437

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (a)

   $ 8,753,437  

13,231,415

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (a)

     13,231,415  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $21,984,852) (b)

   $ 21,984,852  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $21,984,852) - 54.8%

   $ 21,984,852  
  

Other Assets in Excess of Liabilities - 45.2%

     18,111,019  
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 40,095,871  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Represents annualized seven-day yield at July 31, 2021.

(b)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $21,984,852.

Short Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received/(Paid) at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
   Contracts      Notional
Amount
     Unrealized
Appreciation
 

0.3166% representing 1 month LIBOR rate + spread

   Total return of iShares MSCI Emerging Markets ETF    UBS Securities LLC    12/7/2021      861,353      $ 44,818,466      $ 333,446  

(0.2134)% representing 1 month LIBOR rate + spread

   Total return of iShares MSCI Emerging Markets ETF    J.P. Morgan    12/9/2021      433,916        23,798,400        1,353,162  

0.0866% representing 1 month LIBOR rate + spread

   Total return of iShares MSCI Emerging Markets ETF    Citibank N.A.    12/13/2021      781,582        41,133,765        753,895  

(0.0134)% representing 1 month LIBOR rate + spread

   Total return of iShares MSCI Emerging Markets ETF    BNP Paribas    2/16/2022      254,402        14,025,182        837,265  
              

 

 

    

 

 

 
               $ 123,775,813      $ 3,277,768  
              

 

 

    

 

 

 


Direxion Daily MSCI Mexico Bull 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

INVESTMENT COMPANIES - 30.4%

  

155,262

  

iShares MSCI Mexico ETF (a)(b)

   $ 7,610,943  
     

 

 

 
  

TOTAL INVESTMENT COMPANIES (Cost $7,625,243)

   $ 7,610,943  
     

 

 

 

SHORT TERM INVESTMENTS - 82.2%

  

Money Market Funds - 82.2%

 

16,046,015

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (c)(d)

   $ 16,046,015  

3

  

Goldman Sachs Financial Square Government Fund Institutional Shares, 0.03% (c)

     3  

4,521,219

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (c)

     4,521,219  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $20,567,237)

   $ 20,567,237  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $28,192,480) - 112.6% (e)

   $ 28,178,180  
  

Liabilities in Excess of Other Assets - (12.6)%

     (3,143,176
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 25,035,004  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Shareholders may obtain the financial statements of these investment companies at www.sec.gov.

(b)

A portion of this security represents a security on loan.

(c)

Represents annualized seven-day yield at July 31, 2021.

(d)

All or a portion of this security represents an investment of securities lending collateral.

(e)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $21,415,949.

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid/(Received) at Termination

  

Counterparty

   Termination
Date
   Contracts      Notional
Amount
     Unrealized
Appreciation
(Depreciation)
 

Total return of iShares MSCI Mexico ETF

   0.0366% representing 1 month LIBOR rate + spread    BNP Paribas    12/7/2021      453,462      $ 21,577,105      $ 693,636  

Total return of iShares MSCI Mexico ETF

   0.1866% representing 1 month LIBOR rate + spread    UBS Securities LLC    12/9/2021      403,583        17,276,229        2,656,902  

Total return of iShares MSCI Mexico ETF

   (0.9134)% representing 1 month LIBOR rate + spread    J.P. Morgan    12/9/2021      465,364        20,135,651        2,951,866  

Total return of iShares MSCI Mexico ETF

   0.3366% representing 1 month LIBOR rate + spread    Citibank N.A.    7/21/2022      54,501        2,693,036        (21,451
              

 

 

    

 

 

 
               $ 61,682,021      $ 6,280,953  
              

 

 

    

 

 

 


Direxion Daily MSCI South Korea Bull 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

INVESTMENT COMPANIES - 36.2%

  

169,881

  

iShares MSCI South Korea ETF (a)

   $ 15,076,938  
     

 

 

 
  

TOTAL INVESTMENT COMPANIES (Cost $15,903,222)

   $ 15,076,938  
     

 

 

 

SHORT TERM INVESTMENTS - 69.6%

  

Money Market Funds - 69.6%

  

11,456,350

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (b)

   $ 11,456,350  

11,020,000

  

Goldman Sachs Financial Square Government Fund Institutional Shares, 0.03% (b)

     11,020,000  

6,533,210

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (b)

     6,533,210  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $29,009,560)

   $ 29,009,560  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $44,912,782) - 105.8% (c)

   $ 44,086,498  
  

Liabilities in Excess of Other Assets - (5.8)%

     (2,427,339
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 41,659,159  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Shareholders may obtain the financial statements of these investment companies at www.sec.gov.

(b)

Represents annualized seven-day yield at July 31, 2021.

(c)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $42,459,090.

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
   Contracts      Notional
Amount
     Unrealized
Appreciation
(Depreciation)
 

Total return of iShares MSCI South Korea ETF

   0.5866% representing 1 month LIBOR rate + spread    Barclays    12/9/2021      702,117      $ 61,315,878      $ 866,728  

Total return of iShares MSCI South Korea ETF

   0.5893% representing 1 month LIBOR rate + spread    Bank of America Merrill Lynch    12/9/2021      123,683        10,906,367        54,092  

Total return of iShares MSCI South Korea ETF

   0.5366% representing 1 month LIBOR rate + spread    J.P. Morgan    12/9/2021      192,971        17,467,046        (344,019

Total return of iShares MSCI South Korea ETF

   0.5366% representing 1 month LIBOR rate + spread    Citibank N.A.    12/13/2021      219,591        19,878,448        (410,749
              

 

 

    

 

 

 
               $ 109,567,739      $ 166,052  
              

 

 

    

 

 

 


Direxion Daily Aerospace & Defense Bull 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

COMMON STOCKS - 65.3%

  

Computer and Electronic Product Manufacturing - 20.7%

  

46,717

  

Aerojet Rocketdyne Holdings, Inc.

   $ 2,204,108  

48,815

  

L3 Harris Technologies, Inc.

     11,068,313  

35,226

  

Mercury Computer Systems, Inc. (a)

     2,324,916  

18,360

  

Moog, Inc. Class A

     1,429,694  

28,501

  

Northrop Grumman Corp.

     10,346,433  

519,617

  

Raytheon Technologies Corp.

     45,180,698  
     

 

 

 
        72,554,162  
     

 

 

 

Credit Intermediation and Related Activities - 0.2%

  

33,404

  

Smith & Wesson Brands, Inc.

     783,324  
     

 

 

 

Electrical Equipment, Appliance, and Component Manufacturing - 2.2%

  

40,577

  

Axon Enterprise, Inc. (a)

     7,548,134  
     

 

 

 

Fabricated Metal Product Manufacturing - 3.1%

  

59,684

  

BWX Technologies, Inc.

     3,427,652  

25,682

   Curtiss-Wright Corp.      3,038,181  

15,825

  

RBC Bearings, Inc. (a)

     3,718,875  

11,030

  

Sturm, Ruger & Co, Inc.

     820,191  
     

 

 

 
        11,004,899  
     

 

 

 

Merchant Wholesalers, Durable Goods - 2.5%

  

52,547

  

Hexcel Corp. (a)

     2,859,608  

25,233

  

Huntington Ingalls Industries, Inc.

     5,176,045  

17,444

  

Kaman Corp.

     773,641  
     

 

 

 
        8,809,294  
     

 

 

 

Miscellaneous Manufacturing - 2.8%

  

141,581

  

Textron, Inc.

     9,770,505  
     

 

 

 

Primary Metal Manufacturing - 2.3%

  

245,203

  

Howmet Aerospace, Inc. (a)

     8,047,562  
     

 

 

 

Professional, Scientific, and Technical Services - 3.9%

  

45,076

  

Maxar Technologies, Inc.

     1,634,906  

14,776

  

Parsons Corp. (a)

     570,649  

25,358

  

Teledyne Technologies, Inc. (a)

     11,481,342  
     

 

 

 
        13,686,897  
     

 

 

 

Securities, Commodity Contracts, and Other Financial Investments and Related Activities - 0.8%

  

39,116

  

PAE, Inc. (a)

     348,915  

83,054

  

Virgin Galactic Holdings, Inc. (a)(b)

     2,490,789  
     

 

 

 
        2,839,704  
     

 

 

 

Textile Mills - 0.1%

  

3,265

  

National Presto Industries, Inc.

     315,007  
     

 

 

 

Transportation Equipment Manufacturing - 26.7%

  

20,832

  

AAR Corp. (a)

     744,952  

14,088

  

AeroVironment, Inc. (a)

     1,424,297  

188,534

  

Boeing Co. (a)

     42,699,180  

55,341

  

General Dynamics Corp.

     10,848,496  

46,311

  

HEICO Corp.

     5,617,061  

26,533

  

HEICO Corp. Class A

     3,588,588  

77,654

  

Kratos Defense & Security Solutions, Inc. (a)

     2,112,189  

34,248

  

Lockheed Martin Corp.

     12,728,954  

66,132

  

Spirit AeroSystems Holdings, Inc.

     2,857,564  

15,996

  

TransDigm Group, Inc. (a)

     10,254,876  

38,273

  

Triumph Group, Inc. (a)

     729,101  
     

 

 

 
        93,605,258  
     

 

 

 
  

TOTAL COMMON STOCKS (Cost $212,600,975)

   $ 228,964,746  
     

 

 

 

SHORT TERM INVESTMENTS - 20.8%

  

Money Market Funds - 20.8%

  

50,542,781

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (c)(d)

   $ 50,542,781  

22,274,939

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (c)

     22,274,939  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $72,817,720)

   $ 72,817,720  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $285,418,695) - 86.1% (e)

   $ 301,782,466  
  

Other Assets in Excess of Liabilities - 13.9%

     48,705,630  
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 350,488,096  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Non-income producing security.

(b)

A portion of this security represents a security on loan.

(c)

Represents annualized seven-day yield at July 31, 2021.

(d)

All or a portion of this security represents an investment of securities lending collateral.

(e)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $258,794,848.


Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
   Contracts      Notional
Amount
     Unrealized
Appreciation
(Depreciation)
 

Total return of Dow Jones U.S. Select Aerospace & Defense Index

   0.7366% representing 1 month LIBOR rate + spread    Credit Suisse Capital LLC    12/7/2021      3,878      $ 97,659,691      $ 8,141,320  

Total return of Dow Jones U.S. Select Aerospace & Defense Index

   0.6866% representing 1 month LIBOR rate + spread    UBS Securities LLC    12/9/2021      7,597        206,730,338        827,999  

Total return of Dow Jones U.S. Select Aerospace & Defense Index

   0.5866% representing 1 month LIBOR rate + spread    J.P. Morgan    12/9/2021      1,602        44,807,411        (1,928,286

Total return of Dow Jones U.S. Select Aerospace & Defense Index

   0.5366% representing 1 month LIBOR rate + spread    Citibank N.A.    12/13/2021      6,555        156,325,279        22,721,611  

Total return of Dow Jones U.S. Select Aerospace & Defense Index

   0.6393% representing 1 month LIBOR rate + spread    Bank of America Merrill Lynch    12/20/2021      2,758        74,318,902        886,379  

Total return of Dow Jones U.S. Select Aerospace & Defense Index

   0.8366% representing 1 month LIBOR rate + spread    BNP Paribas    2/16/2022      3,886        92,843,433        13,315,711  

Total return of Dow Jones U.S. Select Aerospace & Defense Index

   0.8366% representing 1 month LIBOR rate + spread    BNP Paribas    4/20/2022      1,199        31,869,242        837,289  

Total return of Dow Jones U.S. Select Aerospace & Defense Index

   0.8366% representing 1 month LIBOR rate + spread    BNP Paribas    5/18/2022      2,054        54,163,851        1,904,583  

Total return of Dow Jones U.S. Select Aerospace & Defense Index

   0.8366% representing 1 month LIBOR rate + spread    BNP Paribas    6/15/2022      630        16,720,219        459,632  
              

 

 

    

 

 

 
               $ 775,438,366      $ 47,166,238  
              

 

 

    

 

 

 


Direxion Daily Consumer Discretionary Bull 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

COMMON STOCKS - 50.8%

  

Accommodation - 1.4%

  

1,019

  

Caesars Entertainment Inc. (a)

   $ 89,020  

1,361

  

Hilton Worldwide Holdings, Inc. (a)

     178,903  

1,305

  

Marriott International, Inc. Class A (a)

     190,504  

1,988

  

MGM Resorts International

     74,610  
     

 

 

 
        533,037  
     

 

 

 

Administrative and Support Services - 1.2%

  

200

  

Booking Holdings, Inc. (a)

     435,652  
     

 

 

 

Amusement, Gambling, and Recreation Industries - 0.3%

  

1,604

  

Las Vegas Sands Corp. (a)

     67,929  

514

  

Wynn Resorts Ltd. (a)

     50,542  
     

 

 

 
        118,471  
     

 

 

 

Apparel Manufacturing - 0.7%

  

1,705

   Hanesbrands, Inc.      31,133  

348

  

PVH Corp. (a)

     36,408  

236

  

Ralph Lauren Corp.

     26,791  

922

  

Under Armour, Inc. Class A (a)

     18,855  

960

  

Under Armour, Inc. Class C (a)

     16,819  

1,571

  

V F Corp.

     125,994  
     

 

 

 
        256,000  
     

 

 

 

Building Material and Garden Equipment and Supplies Dealers - 6.3%

  

3,453

  

Lowe’s Companies, Inc.

     665,359  

5,127

  

The Home Depot, Inc.

     1,682,630  
     

 

 

 
        2,347,989  
     

 

 

 

Clothing and Clothing Accessories Stores - 2.0%

  

1,014

  

Gap, Inc.

     29,578  

1,292

  

L Brands, Inc.

     103,451  

1,742

  

Ross Stores, Inc.

     213,726  

5,890

  

TJX Companies, Inc.

     405,291  
     

 

 

 
        752,046  
     

 

 

 

Construction of Buildings - 1.2%

  

1,602

  

D.R. Horton, Inc.

     152,879  

1,347

  

Lennar Corp. Class A

     141,637  

17

  

NVR, Inc. (a)

     88,784  

1,292

  

PulteGroup, Inc.

     70,892  
     

 

 

 
        454,192  
     

 

 

 

Electrical Equipment, Appliance, and Component Manufacturing - 0.2%

  

306

  

Whirlpool Corp.

     67,791  
     

 

 

 

Electronics and Appliance Stores - 0.3%

  

1,089

  

Best Buy Co., Inc.

     122,349  
     

 

 

 

Food Services and Drinking Places - 6.0%

  

138

  

Chipotle Mexican Grill, Inc. (a)

     257,155  

640

  

Darden Restaurants, Inc.

     93,363  

189

  

Domino’s Pizza, Inc.

     99,318  

3,644

   McDonald’s Corp.      884,435  

5,755

  

Starbucks Corp.

     698,830  

1,455

  

Yum! Brands, Inc.

     191,172  
     

 

 

 
        2,224,273  
     

 

 

 

Funds, Trusts, and Other Financial Vehicles - 0.3%

  

732

  

Garmin Ltd. ADR (Switzerland)

     115,070  
     

 

 

 

General Merchandise Stores - 2.7%

  

1,153

  

Dollar General Corp.

     268,234  

1,133

  

Dollar Tree, Inc. (a)

     113,062  

2,417

  

Target Corp.

     630,958  
     

 

 

 
        1,012,254  
     

 

 

 

Health and Personal Care Stores - 0.3%

  

268

  

Ulta Salon, Cosmetics & Fragrance, Inc. (a)

     89,994  
     

 

 

 

Leather and Allied Product Manufacturing - 2.6%

  

5,387

  

NIKE, Inc. Class B

     902,376  

1,362

  

Tapestry, Inc. (a)

     57,613  
     

 

 

 
        959,989  
     

 

 

 

Merchant Wholesalers, Durable Goods - 0.7%

  

651

  

Leggett & Platt, Inc.

     31,267  

1,357

  

LKQ Corp. (a)

     68,868  

285

  

Mohawk Industries, Inc. (a)

     55,546  

196

  

Pool Corp.

     93,653  
     

 

 

 
        249,334  
     

 

 

 

Miscellaneous Manufacturing - 0.2%

  

624

  

Hasbro, Inc.

     62,051  
     

 

 

 

Miscellaneous Store Retailers - 0.6%

  

621

  

Etsy, Inc. (a)

     113,960  

563

  

Tractor Supply Co.

     101,863  
     

 

 

 
        215,823  
     

 

 

 

Motor Vehicle and Parts Dealers - 1.5%

  

319

  

Advance Auto Parts, Inc.

     67,647  

105

  

AutoZone, Inc. (a)

     170,475  

797

  

CarMax, Inc. (a)

     106,758  

341

  

O’Reilly Automotive, Inc. (a)

     205,910  
     

 

 

 
        550,790  
     

 

 

 

Nonstore Retailers - 11.7%

  

1,245

  

Amazon.com, Inc. (a)

     4,142,850  

3,162

  

eBay, Inc.

     215,680  
     

 

 

 
        4,358,530  
     

 

 

 

Performing Arts, Spectator Sports, and Related Industries - 0.1%

  

725

  

Penn National Gaming, Inc. (a)

     49,575  
     

 

 

 

Plastics and Rubber Products Manufacturing - 0.1%

  

1,848

  

Newell Rubbermaid, Inc.

     45,738  
     

 

 

 

Support Activities for Transportation - 0.3%

  

691

  

Expedia, Inc. (a)

     111,161  
     

 

 

 

Transportation Equipment Manufacturing - 9.3%

  

1,322

  

Aptiv PLC ADR (Ireland) (a)

     220,576  

1,171

  

BorgWarner, Inc.

     57,356  

19,150

  

Ford Motor Co. (a)

     267,142  

6,235

  

General Motors Co. (a)

     354,397  

3,716

  

Tesla Motors, Inc. (a)

     2,553,635  
     

 

 

 
        3,453,106  
     

 

 

 


Water Transportation - 0.6%

  

3,899

   Carnival Corp. ADR (a)      84,414  

1,807

  

Norwegian Cruise Line Holdings Ltd. ADR (a)

     43,422  

1,069

  

Royal Caribbean Cruises Ltd. ADR (Liberia) (a)

     82,174  
     

 

 

 
        210,010  
     

 

 

 

Wholesale Electronic Markets and Agents and Brokers - 0.2%

  

706

  

Genuine Parts Co.

     89,606  
     

 

 

 
  

TOTAL COMMON STOCKS (Cost $18,441,365)

   $ 18,884,831  
     

 

 

 

SHORT TERM INVESTMENTS - 34.4%

  

Money Market Funds - 34.4%

  

920,799

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (b)

   $ 920,799  

11,857,412

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (b)

     11,857,412  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $12,778,211)

   $ 12,778,211  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $31,219,576) - 85.2% (c)

   $ 31,663,042  
  

Other Assets in Excess of Liabilities - 14.8%

     5,520,728  
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 37,183,770  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Non-income producing security.

(b)

Represents annualized seven-day yield at July 31, 2021.

(c)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $30,700,985.

ADR - American Depository Receipt

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
     Contracts      Notional
Amount
     Unrealized
Appreciation
 

Total return of Consumer Discretionary Select Sector Index

   0.6893% representing 1 month LIBOR rate + spread    Bank of America Merrill Lynch      11/24/2021        10,597      $ 18,807,046      $ 510,367  

Total return of Consumer Discretionary Select Sector Index

   0.5366% representing 1 month LIBOR rate + spread    J.P. Morgan      12/8/2021        37,751        64,281,693        4,539,934  

Total return of Consumer Discretionary Select Sector Index

   0.5866% representing 1 month LIBOR rate + spread    BNP Paribas      12/15/2021        2,488        3,862,247        679,094  
              

 

 

    

 

 

 
               $ 86,950,986      $ 5,729,395  
              

 

 

    

 

 

 


Direxion Daily Dow Jones Internet Bull 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

       Fair Value  

COMMON STOCKS - 65.8%

 

Administrative and Support Services - 1.0%

 

5,562

  

Teladoc Health, Inc. (a)

  $ 825,679  
    

 

 

 

Computer and Electronic Product Manufacturing - 4.0%

 

2,327

  

Arista Networks, Inc. (a)

    885,168  

43,522

  

Cisco Systems, Inc.

    2,409,813  
    

 

 

 
    3,294,981  
    

 

 

 

Data Processing, Hosting, and Related Services - 1.6%

 

8,069

  

Match Group, Inc. (a)

    1,285,150  
    

 

 

 

Food Services and Drinking Places - 0.8%

 

2,834

  

Wayfair, Inc. (a)

    684,014  
    

 

 

 

Miscellaneous Store Retailers - 1.2%

 

5,183

  

Etsy, Inc. (a)

    951,132  
    

 

 

 

Motion Picture and Sound Recording Industries - 3.0%

 

4,711

  

Netflix, Inc. (a)

    2,438,272  
    

 

 

 

Nonstore Retailers - 7.6%

 

1,500

  

Amazon.com, Inc. (a)

    4,991,385  

18,278

  

eBay, Inc.

    1,246,742  
    

 

 

 
    6,238,127  
    

 

 

 

Other Information Services - 9.9%

 

1,071

  

Alphabet, Inc. Class A (a)

    2,885,842  

1,014

  

Alphabet, Inc. Class C  (a)

    2,742,282  

16,827

  

Pinterest, Inc. (a)

    991,110  

21,296

  

Twitter, Inc. (a)

    1,485,396  
    

 

 

 
    8,104,630  
    

 

 

 

Professional, Scientific, and Technical Services - 14.4%

 

6,907

  

Bumble, Inc. (a)

    351,428  

9,838

  

Ciena Corp. (a)

    571,981  

23,882

  

Cloudera, Inc. (a)

    379,008  

11,693

  

Facebook, Inc. (a)

    4,166,216  

8,630

  

GoDaddy, Inc. (a)

    723,626  

20,781

  

Juniper Networks, Inc.

    584,777  

14,999

  

Nutanix, Inc. (a)

    540,264  

4,494

  

Okta, Inc. (a)

    1,113,568  

22,564

  

Snap, Inc. (a)

    1,679,213  

3,006

  

Snowflake, Inc. (a)

    798,754  

4,010

  

VeriSign, Inc. (a)

    867,644  
    

 

 

 
    11,776,479  
    

 

 

 

Publishing Industries (except Internet) - 13.7%

 

7,004

  

Akamai Technologies, Inc. (a)

    839,919  

14,708

  

Box, Inc. (a)

    351,815  

6,147

  

Citrix Systems, Inc.

    619,310  

3,480

  

Coupa Software, Inc. (a)

    755,160  

9,166

  

Datadog, Inc. (a)

    1,014,676  

5,271

  

DocuSign, Inc. (a)

    1,570,969  

19,567

  

Dropbox, Inc. (a)

    616,165  

7,953

  

Fastly, Inc. (a)

    382,301  

10,174

  

Salesforce.com, Inc. (a)

    2,461,396  

4,025

  

Veeva Systems, Inc. (a)

    1,339,158  

5,342

  

Workday, Inc. (a)

    1,252,165  
    

 

 

 
    11,203,034  
    

 

 

 

Real Estate - 1.0%

 

1,473

  

Zillow Group, Inc. Class A (a)

    157,803  

6,417

  

Zillow Group, Inc. Class C  (a)

    681,870  
    

 

 

 
    839,673  
    

 

 

 

Securities, Commodity Contracts, and Other Financial Investments and Related Activities - 0.5%

 

19,571

  

CommScope Holding Co., Inc. (a)

    414,122  
    

 

 

 

Support Activities for Transportation - 1.1%

 

5,369

  

Expedia, Inc. (a)

    863,711  
    

 

 

 

Telecommunications - 6.0%

 

10,257

  

PayPal Holdings, Inc. (a)

    2,826,111  

25,865

  

Vonage Holdings Corp. (a)

    368,835  

4,596

  

Zoom Video Communications, Inc. (a)

    1,737,748  
    

 

 

 
    4,932,694  
    

 

 

 
  

TOTAL COMMON STOCKS (Cost $47,590,332)

  $ 53,851,698  
    

 

 

 

SHORT TERM INVESTMENTS - 40.1%

 

Money Market Funds - 40.1%

 

14,512,781

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (b)

  $ 14,512,781  

4,470,000

  

Goldman Sachs Financial Square Government Fund Institutional Shares, 0.03% (b)

    4,470,000  

13,820,859

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (b)

    13,820,859  
    

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $32,803,640)

  $ 32,803,640  
    

 

 

 
  

TOTAL INVESTMENTS (Cost $80,393,972) - 105.9% (c)

  $ 86,655,338  
  

Liabilities in Excess of Other Assets - (5.9)%

    (4,869,447
    

 

 

 
  

TOTAL NET ASSETS - 100.0%

  $ 81,785,891  
    

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a) 

Non-income producing security.

(b) 

Represents annualized seven-day yield at July 31, 2021.

(c) 

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $65,008,445.


Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
     Contracts      Notional
Amount
     Unrealized
Appreciation
(Depreciation)
 

Total return of Dow Jones Internet Composite Index

  

0.6393% representing

1 month LIBOR rate + spread

   Bank of America Merrill Lynch      12/9/2021        62,492      $ 62,770,021      $ 5,712,175  

Total return of Dow Jones Internet Composite Index

  

0.7366% representing

1 month LIBOR rate + spread

   UBS Securities LLC      12/9/2021        47,851        46,828,654        5,530,012  

Total return of Dow Jones Internet Composite Index

  

0.3866% representing

1 month LIBOR rate + spread

   Citibank N.A.      12/13/2021        55,172        53,189,657        7,239,970  

Total return of Dow Jones Internet Composite Index

  

0.5866% representing

1 month LIBOR rate + spread

   Barclays      6/17/2022        9,174        10,426,798        (369,925
              

 

 

    

 

 

 
               $ 173,215,130      $ 18,112,232  
              

 

 

    

 

 

 


Direxion Daily Dow Jones Internet Bear 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

SHORT TERM INVESTMENTS - 74.8%

  

Money Market Funds - 74.8%

  

 4,301,451

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (a)

   $ 4,301,451  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $4,301,451) (b)

   $ 4,301,451  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $4,301,451) - 74.8%

   $ 4,301,451  
  

Other Assets in Excess of Liabilities - 25.2%

     1,451,802  
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 5,753,253  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Represents annualized seven-day yield at July 31, 2021.

(b)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $4,301,451.

Short Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
     Contracts      Notional
Amount
     Unrealized
Appreciation
 

0.4393% representing 1 month LIBOR rate + spread

   Total return of Dow Jones Internet Composite Index    Bank of America Merrill Lynch      12/13/2021        15,744      $ 17,348,348      $ 89,476  
              

 

 

    

 

 

 


Direxion Daily Financial Bull 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

       Fair Value  

COMMON STOCKS - 67.4%

  

Administrative and Support Services - 1.4%

  

55,462

 

Broadridge Financial Solutions, Inc.

   $ 9,622,102  

18,184

 

FactSet Research System, Inc.

     6,496,780  

77,896

 

Moody’s Corp.

     29,288,896  

5,888

 

Upstart Holdings, Inc. (a)

     711,035  
    

 

 

 
       46,118,813  
    

 

 

 

Credit Intermediation and Related Activities - 27.0%

  

177,675

 

Ally Financial, Inc.

     9,125,388  

3,621,074

 

Bank of America Corp.

     138,904,399  

19,078

 

Bank of Hawaii Corp.

     1,597,019  

384,890

 

Bank of New York Mellon Corp.

     19,756,404  

58,915

 

Bank OZK`

     2,398,430  

14,655

 

BOK Financial Corp.

     1,231,167  

992,394

 

Citigroup, Inc.

     67,105,682  

203,806

 

Citizens Financial Group, Inc.

     8,592,461  

66,914

 

Comerica, Inc.

     4,594,315  

51,016

 

Commerce Bancshares, Inc.

     3,608,362  

4,460

 

Credit Acceptance Corp. (a)(b)

     2,162,074  

146,172

 

Discover Financial Services

     18,172,103  

67,679

 

East West Bancorp, Inc.

     4,815,361  

152,674

 

F.N.B. Corp.

     1,749,644  

336,608

 

Fifth Third Bancorp

     12,215,504  

2,896

 

First Citizens BancShares, Inc. Class A

     2,266,381  

62,408

 

First Hawaiian, Inc.

     1,718,092  

262,445

 

First Horizon National Corp.

     4,054,775  

84,108

 

First Republic Bank

     16,402,742  

703,100

 

Huntington Bancshares, Inc.

     9,899,648  

1,444,219

 

JPMorgan Chase & Co.

     219,203,560  

463,997

 

KeyCorp

     9,122,181  

61,535

 

M&T Bank Corp.

     8,236,460  

216,449

 

New York Community Bancorp, Inc.

     2,549,769  

98,475

 

Northern Trust Corp.

     11,112,904  

42,467

 

OneMain Holdings, Inc.

     2,590,487  

56,500

 

PacWest Bancorp

     2,249,830  

203,904

 

People’s United Financial, Inc.

     3,201,293  

35,635

 

Pinnacle Financial Partners, Inc.

     3,193,252  

203,694

 

PNC Financial Services Group, Inc.

     37,155,822  

39,724

 

Popular, Inc. ADR

     2,890,318  

42,814

 

Prosperity Bancshares, Inc.

     2,919,487  

461,155

 

Regions Financial Corp.

     8,877,234  

64,884

 

Rocket Cos., Inc. (b)

     1,118,600  

27,031

 

Signature Bank

     6,135,226  

166,723

 

State Street Corp.

     14,528,242  

91,601

 

Sterling Bancorp

     1,988,658  

26,814

 

SVB Financial Group (a)

     14,746,627  

70,650

 

Synovus Financial Corp.

     2,889,585  

23,610

 

TFS Financial Corp.

     459,923  

644,835

 

Truist Financial Corp.

     35,098,369  

644,437

 

U.S. Bancorp

     35,792,031  

20,614

 

UWM Holdings Corp. (b)

     157,285  

43,155

 

Webster Financial Corp.

     2,075,755  

1,986,321

 

Wells Fargo & Co.

     91,251,587  

48,347

 

Western Alliance Bancorp

     4,487,569  

27,175

 

Wintrust Financial Corp.

     1,940,295  

77,388

 

Zions Bancorp

     4,035,784  
    

 

 

 
       860,378,084  
    

 

 

 

Funds, Trusts, and Other Financial Vehicles - 0.2%

  

251,374

 

AGNC Investment Corp.

     3,989,305  

77,833

 

Carlyle Group, Inc.

     3,928,232  
    

 

 

 
       7,917,537  
    

 

 

 

Insurance Carriers and Related Activities - 20.5%

  

322,188

 

Aflac, Inc.

     17,720,340  

6,477

 

Alleghany Corp. (a)

     4,294,899  

143,277

 

Allstate Corp.

     18,633,174  

32,518

 

American Financial Group, Inc.

     4,113,202  

412,040

 

American International Group, Inc.

     19,510,094  

107,406

 

AON PLC ADR (United Kingdom)

     27,928,782  

186,401

 

Arch Capital Group Ltd. ADR (a)

     7,269,639  

97,048

 

Arthur J. Gallagher & Co.

     13,519,757  

28,957

 

Assurant, Inc.

     4,569,704  

34,870

 

Assured Guaranty Ltd. ADR

     1,667,135  

55,369

 

Athene Holding Ltd. ADR (a)

     3,577,945  

37,131

 

Axis Capital Holdings Ltd. ADR

     1,888,854  

900,556

 

Berkshire Hathaway, Inc. Class B (a)

     250,615,729  

41,283

 

Brighthouse Financial, Inc. (a)

     1,777,646  

112,431

 

Brown & Brown, Inc.

     6,116,246  

214,903

 

Chubb Limited ADR (Switzerland)

     36,262,732  


71,858

  

Cincinnati Financial Corp.

     8,470,621  

13,251

  

CNA Financial Corp.

     583,176  

183,951

  

Equitable Holdings, Inc.

     5,678,567  

12,031

  

Erie Indemnity Co. Class A

     2,224,412  

19,014

  

Everest Re Group Ltd. ADR

     4,807,310  

51,050

  

First American Financial Corp.

     3,436,175  

48,651

  

Globe Life, Inc.

     4,529,895  

22,983

  

GoHealth, Inc. (a)

     202,250  

17,123

  

Hanover Insurance Group, Inc.

     2,327,016  

171,115

  

Hartford Financial Services Group, Inc.

     10,886,336  

29,235

  

Kemper Corp.

     1,929,802  

18,325

  

Lemonade, Inc. (a)(b)

     1,595,374  

90,877

  

Lincoln National Corp.

     5,599,841  

106,358

  

Loews Corp.

     5,703,979  

6,484

  

Markel Corp. (a)

     7,820,806  

243,900

  

Marsh & McLennan Companies, Inc.

     35,906,958  

12,759

  

Mercury General Corp.

     776,130  

355,646

  

MetLife, Inc.

     20,520,774  

162,025

  

MGIC Investment Corp.

     2,242,426  

134,233

  

Old Republic International Corp.

     3,310,186  

18,789

  

Primerica, Inc.

     2,747,328  

128,875

  

Principal Financial Group, Inc.

     8,007,004  

280,430

  

Progressive Corp.

     26,685,719  

189,217

  

Prudential Financial, Inc.

     18,974,681  

32,540

  

Reinsurance Group of America, Inc.

     3,585,257  

23,559

  

RenaissanceRe Holdings Ltd. ADR

     3,597,224  

120,563

  

Travelers Companies, Inc.

     17,954,242  

97,724

  

Unum Group

     2,677,638  

57,739

  

Voya Financial, Inc.

     3,718,392  

66,201

  

W.R. Berkley Corp.

     4,843,927  

1,443

  

White Mountains Insurance Group Ltd. ADR

     1,632,855  

61,615

  

Willis Towers Watson PLC ADR (Ireland)

     12,697,619  
     

 

 

 
        655,139,798  
     

 

 

 

Management of Companies and Enterprises - 0.2%

  

27,376

  

Cullen/Frost Bankers, Inc.

     2,937,992  

105,446

  

Umpqua Holdings Corp.

     1,989,766  
     

 

 

 
        4,927,758  
     

 

 

 

Merchant Wholesalers, Durable Goods - 0.1%

  

104,920

  

Jefferies Financial Group, Inc.

     3,482,295  
     

 

 

 

Real Estate - 0.4%

  

670,226

  

Annaly Capital Management, Inc.

     5,690,219  

207,501

  

New Residential Investment Corp.

     2,025,210  

131,523

  

Starwood Property Trust, Inc.

     3,423,543  
     

 

 

 
        11,138,972  
     

 

 

 

Securities, Commodity Contracts, and Other Financial Investments and Related Activities - 17.6%

  

19,904

  

Affiliated Managers Group, Inc.

     3,153,590  

55,919

  

Ameriprise Financial, Inc.

     14,402,498  

85,607

  

Apollo Global Management, Inc. (b)

     5,038,828  

65,934

  

Ares Management Corp.

     4,721,534  

68,635

  

BlackRock, Inc.

     59,518,213  

51,001

  

CBOE Holdings, Inc.

     6,042,088  

753,170

  

Charles Schwab Corp.

     51,177,902  

172,109

  

CME Group, Inc.

     36,509,482  

19,173

  

Evercore, Inc.

     2,534,671  

132,522

  

FNF Group

     5,911,806  

138,671

  

Franklin Resources, Inc.

     4,097,728  

158,452

  

Goldman Sachs Group, Inc.

     59,400,486  

38,498

  

Interactive Brokers Group, Inc. Class A

     2,381,486  

266,943

  

IntercontinentalExchange, Inc.

     31,987,780  

159,947

  

Invesco Ltd. ADR

     3,899,508  

82,102

  

Janus Henderson Group PLC ADR (United Kingdom)

     3,435,148  

263,922

  

KKR & Co., Inc.

     16,827,667  

48,836

  

Lazard Ltd. Class A ADR

     2,305,059  

38,179

  

LPL Investment Holdings, Inc.

     5,384,766  

17,919

  

MarketAxess Holdings, Inc.

     8,514,571  

666,628

  

Morgan Stanley

     63,982,955  

11,216

  

Morningstar, Inc.

     2,833,498  

38,475

  

MSCI, Inc. Class A

     22,929,561  

54,780

  

NASDAQ OMX Group, Inc.

     10,229,069  

59,041

  

Raymond James Financial, Inc.

     7,644,629  

115,596

  

S&P Global, Inc.

     49,558,317  

28,900

  

Santander Consumer USA Holdings, Inc.

     1,185,767  

52,524

  

SEI Investments Co.

     3,193,459  

154,325

  

SLM Corp.

     2,905,940  

49,106

  

Stifel Financial Corp.

     3,267,513  

108,090

  

T. Rowe Price Group, Inc.

     22,067,654  

327,080

  

The Blackstone Group, Inc.

     37,702,512  

50,322

  

Tradeweb Markets, Inc.

     4,364,427  

44,749

  

Virtu Financial, Inc.

     1,151,839  
     

 

 

 
        560,261,951  
     

 

 

 
  

TOTAL COMMON STOCKS (Cost $1,757,536,551)

   $ 2,149,365,208  
     

 

 

 


SHORT TERM INVESTMENTS - 18.3%

 

Money Market Funds - 18.3%

  

298,045,542

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (c)(d)

   $ 298,045,542  

  20,892,799

  

Goldman Sachs Financial Square Government Fund Institutional Shares, 0.03% (c)

     20,892,800  

265,981,500

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (c)

     265,981,500  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $584,919,842)

   $ 584,919,842  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $2,342,456,393) - 85.7% (e)

   $ 2,734,285,050  
  

Other Assets in Excess of Liabilities - 14.3%

     458,216,779  
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 3,192,501,829  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Non-income producing security.

(b)

A portion of this security represents a security on loan.

(c)

Represents annualized seven-day yield at July 31, 2021.

(d)

All or a portion of this security represents an investment of securities lending collateral.

(e)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $2,248,141,469.

ADR - American Depository Receipt

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
     Contracts      Notional
Amount
     Unrealized
Appreciation
(Depreciation)
 

Total return of Russell 1000® Financial Services Index

   0.9366% representing 1 month LIBOR rate + spread    BNP Paribas      10/20/2021        42,534      $ 79,556,910      $ 36,731,012  

Total return of Russell 1000® Financial Services Index

   0.9366% representing 1 month LIBOR rate + spread    BNP Paribas      11/17/2021        95,000        180,434,939        79,181,557  

Total return of Russell 1000® Financial Services Index

   0.7366% representing 1 month LIBOR rate + spread    UBS Securities LLC      12/8/2021        573,261        1,501,727,047        54,377,750  

Total return of Russell 1000® Financial Services Index

   0.7366% representing 1 month LIBOR rate + spread    Citibank N.A.      12/9/2021        604,144        1,612,485,943        24,962,999  

Total return of Russell 1000® Financial Services Index

   0.4866% representing 1 month LIBOR rate + spread    Barclays      12/9/2021        546,637        1,254,393,147        237,032,299  

Total return of Russell 1000® Financial Services Index

   0.7893% representing 1 month LIBOR rate + spread    Bank of America Merrill Lynch      12/9/2021        397,556        1,062,510,896        16,512,239  

Total return of Russell 1000® Financial Services Index

   0.5866% representing 1 month LIBOR rate + spread    J.P. Morgan      12/9/2021        271,994        709,266,104        29,669,224  

Total return of Russell 1000® Financial Services Index

   0.9366% representing 1 month LIBOR rate + spread    BNP Paribas      12/15/2021        30,000        64,264,003        17,631,724  

Total return of Russell 1000® Financial Services Index

   0.9366% representing 1 month LIBOR rate + spread    BNP Paribas      1/19/2022        15,000        34,686,383        6,148,042  

Total return of Russell 1000® Financial Services Index

   0.9366% representing 1 month LIBOR rate + spread    BNP Paribas      2/16/2022        60,000        136,614,377        26,726,744  

Total return of Russell 1000® Financial Services Index

   0.9366% representing 1 month LIBOR rate + spread    BNP Paribas      3/16/2022        65,000        163,290,222        13,404,059  

Total return of Russell 1000® Financial Services Index

   0.9366% representing 1 month LIBOR rate + spread    BNP Paribas      4/20/2022        30,000        77,714,777        3,727,760  

Total return of Russell 1000® Financial Services Index

   0.9366% representing 1 month LIBOR rate + spread    BNP Paribas      7/20/2022        6,222        16,771,204        83,498  

Total return of Russell 1000® Financial Services Index

   0.9366% representing 1 month LIBOR rate + spread    BNP Paribas      7/20/2022        5,856        16,097,699        (225,173
              

 

 

    

 

 

 
               $ 6,909,813,651      $ 545,963,734  
              

 

 

    

 

 

 


Direxion Daily Financial Bear 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

SHORT TERM INVESTMENTS - 71.4%

  

Money Market Funds - 71.4%

  

  2,720,118

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (a)

   $ 2,720,118  

75,802,427

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (a)

     75,802,427  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $78,522,545) (b)

   $ 78,522,545  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $78,522,545) - 71.4%

   $ 78,522,545  
  

Other Assets in Excess of Liabilities - 28.6%

     31,398,669  
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 109,921,214  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Represents annualized seven-day yield at July 31, 2021.

(b)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $78,522,545.

Short Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
     Contracts      Notional
Amount
     Unrealized
Depreciation
 

0.5893% representing 1 month LIBOR rate + spread

   Total return of Russell 1000® Financial Services Index    Bank of America Merrill Lynch      12/9/2021        69,582      $ 186,666,727      $ (2,070,656

0.4366% representing 1 month LIBOR rate + spread

   Total return of Russell 1000® Financial Services Index    UBS Securities LLC      12/9/2021        4,891        13,064,271        (197,410

0.3366% representing 1 month LIBOR rate + spread

   Total return of Russell 1000® Financial Services Index    J.P. Morgan      12/15/2021        47,310        127,710,781        (727,864
              

 

 

    

 

 

 
               $ 327,441,779      $ (2,995,930
              

 

 

    

 

 

 


Direxion Daily Healthcare Bull 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

COMMON STOCKS - 62.9%

  

Ambulatory Health Care Services - 0.9%

  

1,800

  

DaVita, Inc. (a)

   $ 216,450  

2,508

  

Laboratory Corp. of America Holdings (a)

     742,744  

3,355

  

Quest Diagnostics, Inc.

     475,739  

31,048

  

Viatris, Inc.

     436,846  
     

 

 

 
        1,871,779  
     

 

 

 

Chemical Manufacturing - 27.9%

  

45,643

  

Abbott Laboratories

     5,521,890  

45,370

  

AbbVie, Inc.

     5,276,531  

14,759

  

Amgen, Inc.

     3,564,889  

3,868

  

Biogen, Inc. (a)

     1,263,792  

57,385

  

Bristol-Myers Squibb Co.

     3,894,720  

4,376

  

Catalent, Inc. (a)

     524,289  

20,448

  

Eli Lilly and Company

     4,979,088  

32,218

  

Gilead Sciences, Inc.

     2,200,167  

4,803

  

Incyte Corp. (a)

     371,512  

67,646

  

Johnson & Johnson

     11,648,641  

65,043

  

Merck & Co., Inc.

     4,999,855  

6,500

  

Organon & Co. (a)

     188,565  

3,431

  

Perrigo Co. PLC ADR (Ireland)

     164,791  

143,793

  

Pfizer, Inc.

     6,155,778  

2,690

  

Regeneron Pharmaceuticals, Inc. (a)

     1,545,701  

6,650

  

Vertex Pharmaceuticals, Inc. (a)

     1,340,507  

1,896

  

West Pharmaceutical Services, Inc.

     780,640  

12,196

  

Zoetis, Inc.

     2,472,129  
     

 

 

 
        56,893,485  
     

 

 

 

Computer and Electronic Product Manufacturing - 8.3%

  

7,795

  

Agilent Technologies, Inc.

     1,194,428  

554

  

Bio-Rad Laboratories, Inc. (a)

     409,689  

16,308

  

Danaher Corp.

     4,851,467  

6,582

  

Hologic, Inc. (a)

     493,913  

2,190

  

IDEXX Laboratories, Inc. (a)

     1,485,981  

3,750

  

Illumina, Inc. (a)

     1,859,062  

2,880

  

PerkinElmer, Inc.

     524,822  

10,096

  

Thermo Fisher Scientific, Inc.

     5,451,941  

1,585

  

Waters Corp. (a)

     617,849  
     

 

 

 
        16,889,152  
     

 

 

 

Health and Personal Care Stores - 1.4%

  

33,819

  

CVS Health Corp.

     2,785,333  
     

 

 

 

Hospitals - 1.0%

  

6,751

  

HCA Healthcare, Inc.

     1,675,598  

2,003

  

Universal Health Services, Inc. Class B

     321,301  
     

 

 

 
        1,996,899  
     

 

 

 

Insurance Carriers and Related Activities - 8.3%

  

6,290

  

Anthem, Inc.

     2,415,423  

14,970

  

Centene Corp. (a)

     1,027,092  

8,814

  

Cigna Corp.

     2,022,725  

3,313

  

Humana, Inc.

     1,410,874  

24,242

  

UnitedHealth Group, Inc.

     9,993,037  
     

 

 

 
        16,869,151  
     

 

 

 

Machinery Manufacturing - 0.4%

  

598

  

Mettler-Toledo International, Inc. (a)

     881,279  
     

 

 

 

Merchant Wholesalers, Durable Goods - 0.1%

  

3,615

  

Henry Schein, Inc. (a)

     289,742  
     

 

 

 

Merchant Wholesalers, Nondurable Goods - 0.9%

  

3,799

  

AmerisourceBergen Corp.

     464,124  

7,453

  

Cardinal Health, Inc.

     442,559  

4,063

  

McKesson Corp.

     828,161  
     

 

 

 
        1,734,844  
     

 

 

 

Miscellaneous Manufacturing - 11.2%

  

1,164

  

Abiomed, Inc. (a)

     380,791  

1,850

  

Align Technology, Inc. (a)

     1,287,230  

12,918

  

Baxter International, Inc.

     999,207  

7,470

  

Becton, Dickinson & Co.

     1,910,452  

36,500

  

Boston Scientific Corp. (a)

     1,664,400  

5,609

  

Dentsply Sirona, Inc.

     370,418  

2,484

  

DexCom, Inc. (a)

     1,280,527  

15,969

  

Edwards Lifesciences Corp. (a)

     1,792,840  

3,041

  

Intuitive Surgical, Inc. (a)

     3,015,030  

34,560

  

Medtronic PLC ADR (Ireland)

     4,538,074  

3,738

  

ResMed, Inc.

     1,015,988  

2,508

  

Steris PLC ADR (Ireland)

     546,619  

8,420

  

Stryker Corp.

     2,281,315  


1,200

  

Teleflex, Inc.

     476,916  

1,265

  

The Cooper Companies, Inc.

     533,539  

5,355

  

Zimmer Biomet Holdings, Inc.

     875,114  
     

 

 

 
        22,968,460  
     

 

 

 

Professional, Scientific, and Technical Services - 2.5%

  

7,740

  

Cerner Corp.

     622,218  

1,291

  

Charles River Laboratories International, Inc. (a)

     525,334  

4,924

  

IQVIA Holdings, Inc. (a)

     1,219,675  

7,839

  

Moderna, Inc. (a)

     2,771,870  
     

 

 

 
        5,139,097  
     

 

 

 
  

TOTAL COMMON STOCKS (Cost $114,515,131)

   $ 128,319,221  
     

 

 

 

SHORT TERM INVESTMENTS - 26.1%

  

Money Market Funds - 26.1%

  

2,135,946

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (b)

   $ 2,135,946  

16,170,000

  

Goldman Sachs Financial Square Government Fund Institutional Shares, 0.03% (b)

     16,170,000  

34,903,894

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (b)

     34,903,894  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $53,209,840)

   $ 53,209,840  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $167,724,971) - 89.0% (c)

   $ 181,529,061  
  

Other Assets in Excess of Liabilities - 11.0%

     22,588,681  
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 204,117,742  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Non-income producing security.

(b)

Represents annualized seven-day yield at July 31, 2021.

(c)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $108,338,364.

ADR - American Depository Receipt

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be
Received at Termination

 

Terms of Payments to be

Paid at Termination

 

Counterparty

  Termination
Date
  Contracts     Notional
Amount
    Unrealized
Appreciation
 

Total return of Health Care Select Sector Index

  0.6366% representing 1 month LIBOR rate + spread   Barclays   12/9/2021     68,003     $ 80,845,812     $ 10,156,619  

Total return of Health Care Select Sector Index

  0.6893% representing 1 month LIBOR rate + spread   Bank of America Merrill Lynch   12/9/2021     80,326       95,653,037       12,042,650  

Total return of Health Care Select Sector Index

  0.6866% representing 1 month LIBOR rate + spread   UBS Securities LLC   12/9/2021     110,244       124,900,384       23,120,554  

Total return of Health Care Select Sector Index

  0.5366% representing 1 month LIBOR rate + spread   J.P. Morgan   12/9/2021     104,250       133,431,431       5,806,455  
         

 

 

   

 

 

 
          $ 434,830,664     $ 51,126,278  
         

 

 

   

 

 

 


Direxion Daily Homebuilders & Supplies Bull 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

COMMON STOCKS - 55.3%

  

Building Material and Garden Equipment and Supplies Dealers - 5.1%

  

53,358

  

Lowe’s Companies, Inc.

   $ 10,281,553  

33,091

  

The Home Depot, Inc.

     10,860,136  
     

 

 

 
        21,141,689  
     

 

 

 

Construction of Buildings - 32.7%

  

32,283

  

Beazer Homes USA, Inc. (a)

     589,488  

31,864

  

Century Communities, Inc.

     2,212,955  

356,222

  

D.R. Horton, Inc.

     33,994,266  

52,336

  

Green Brick Partners , Inc. (a)

     1,312,064  

96,494

  

KB Home

     4,095,205  

16,751

  

Lennar Corp.

     1,446,449  

299,448

  

Lennar Corp. Class A

     31,486,957  

23,825

  

LGI Homes, Inc. (a)

     4,071,693  

60,282

  

M.D.C Holdings, Inc.

     3,214,236  

31,700

  

M/I Homes, Inc. (a)

     2,051,307  

41,099

  

Meritage Homes Corp. (a)

     4,462,529  

3,712

  

NVR, Inc. (a)

     19,386,291  

287,199

  

PulteGroup, Inc.

     15,758,609  

140,033

  

Taylor Morrison Home Corp. (a)

     3,755,685  

121,914

  

Toll Brothers, Inc.

     7,225,843  

128,599

  

TRI Pointe Group, Inc. (a)

     3,101,809  
     

 

 

 
        138,165,386  
     

 

 

 

Fabricated Metal Product Manufacturing - 0.5%

  

19,090

  

PGT Innovations, Inc. (a)

     431,052  

13,917

  

Simpson Manufacturing Company, Inc.

     1,565,384  
     

 

 

 
        1,996,436  
     

 

 

 

Furniture and Home Furnishings Stores - 1.0%

  

7,027

  

Ethan Allen Interiors, Inc.

     167,032  

33,625

  

Floor & Decor Holdings, Inc. (a)

     4,102,586  
     

 

 

 
        4,269,618  
     

 

 

 

Furniture and Related Product Manufacturing - 0.1%

  

5,450

  

American Woodmark Corp. (a)

     404,662  
     

 

 

 

Management of Companies and Enterprises - 0.4%

  

45,139

  

AZEK Company, Inc. (a)

     1,641,705  
     

 

 

 

Merchant Wholesalers, Durable Goods - 4.9%

  

17,692

  

Beacon Roofing Supply, Inc. (a)

     946,168  

66,400

  

Builders FirstSource, Inc. (a)

     2,954,800  

44,376

  

Fortune Brands Home & Security, Inc.

     4,325,329  

42,706

  

Leggett & Platt, Inc.

     2,051,169  

11,021

  

Lennox International, Inc.

     3,630,648  

9,301

  

Lumber Liquidators Holdings, Inc. (a)

     177,463  

18,770

  

Mohawk Industries, Inc. (a)

     3,658,273  

10,551

  

Watsco, Inc.

     2,980,024  
     

 

 

 
        20,723,874  
     

 

 

 

Merchant Wholesalers, Nondurable Goods - 2.5%

  

36,720

  

The Sherwin Williams Co.

     10,686,622  
     

 

 

 

Miscellaneous Store Retailers - 0.5%

  

9,273

  

Cavco Industries, Inc. (a)

     2,179,155  
     

 

 

 

Nonmetallic Mineral Product Manufacturing - 1.3%

  

13,582

  

Eagle Materials, Inc.

     1,919,408  

33,485

  

Owens Corning

     3,219,918  

10,770

  

Quanex Building Products Corp.

     267,527  
     

 

 

 
        5,406,853  
     

 

 

 

Specialty Trade Contractors - 2.4%

  

24,506

  

Installed Building Products, Inc.

     2,940,720  

35,902

  

TopBuild Corp. (a)

     7,276,976  
     

 

 

 
        10,217,696  
     

 

 

 

Wood Product Manufacturing - 3.9%

  

27,018

  

JELD-WEN Holding, Inc. (a)

     715,437  

32,777

  

Louisiana-Pacific Corp.

     1,817,157  

81,349

  

Masco Corp.

     4,857,349  

7,853

  

Masonite International Corp. ADR (a)

     888,645  

56,581

  

Skyline Champion Corp. (a)

     3,191,168  

36,982

  

Trex Company, Inc. (a)

     3,590,952  

19,817

  

UFP Industries, Inc.

     1,471,610  
     

 

 

 
        16,532,318  
     

 

 

 
  

TOTAL COMMON STOCKS (Cost $220,300,435)

   $ 233,366,014  
     

 

 

 

SHORT TERM INVESTMENTS - 30.0%

  

Money Market Funds - 30.0%

  

97,528,236

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (b)

   $ 97,528,236  

8,161

  

Goldman Sachs Financial Square Government Fund Institutional Shares, 0.03% (b)

     8,161  

28,893,643

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (b)

     28,893,643  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $126,430,040)

   $ 126,430,040  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $346,730,475) - 85.3% (c)

   $ 359,796,054  
  

Other Assets in Excess of Liabilities - 14.7%

     61,847,902  
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 421,643,956  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Non-income producing security.

(b)

Represents annualized seven-day yield at July 31, 2021.

(c)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $79,026,605.

ADR - American Depository Receipt


Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
   Contracts      Notional
Amount
     Unrealized
Appreciation
 

Total return of Dow Jones U.S. Select Home Construction Index

  

0.4366% representing 1 month LIBOR rate + spread

   Barclays    11/26/2021      20,694      $ 206,012,565      $ 59,304,296  

Total return of Dow Jones U.S. Select Home Construction Index

  

0.5366% representing 1 month LIBOR rate + spread

   Citibank N.A.    12/13/2021      16,634        185,473,006        27,420,740  

Total return of Dow Jones U.S. Select Home Construction Index

  

1.2866% representing 1 month LIBOR rate + spread

   UBS Securities LLC    12/13/2021      1,700        21,161,940        548,882  

Total return of Dow Jones U.S. Select Home Construction Index

  

0.5366% representing 1 month LIBOR rate + spread

   J.P. Morgan    12/16/2021      2,898        34,658,238        2,392,813  

Total return of Dow Jones U.S. Select Home Construction Index

  

0.6393% representing 1 month LIBOR rate + spread

   Bank of America Merrill Lynch    12/20/2021      8,332        105,543,681        967,759  

Total return of Dow Jones U.S. Select Home Construction Index

  

0.8366% representing 1 month LIBOR rate + spread

   BNP Paribas    8/17/2022      8,964        95,532,870        19,223,420  

Total return of Dow Jones U.S. Select Home Construction Index

  

0.8366% representing 1 month LIBOR rate + spread

   BNP Paribas    9/21/2022      1,374        14,991,044        2,590,881  

Total return of Dow Jones U.S. Select Home Construction Index

  

0.8366% representing 1 month LIBOR rate + spread

   BNP Paribas    10/19/2022      96        1,114,353        113,641  

Total return of Dow Jones U.S. Select Home Construction Index

  

0.8366% representing 1 month LIBOR rate + spread

   BNP Paribas    12/21/2022      20,000        240,574,455        15,099,336  
              

 

 

    

 

 

 
               $ 905,062,152      $ 127,661,768  
              

 

 

    

 

 

 


Direxion Daily Industrials Bull 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

COMMON STOCKS - 70.9%

  

Administrative and Support Services - 3.7%

  

1,629

  

Allegion PLC ADR (Ireland)

     222,521  

2,203

  

Equifax, Inc.

     574,102  

6,780

  

IHS Markit Ltd. ADR (United Kingdom)

     792,175  

2,041

  

Robert Half International, Inc.

     200,447  

4,008

  

Rollins, Inc.

     153,627  

7,031

  

Waste Management, Inc.

     1,042,416  
     

 

 

 
        2,985,288  
     

 

 

 

Air Transportation - 2.1%

  

2,253

  

Alaska Air Group, Inc. (a)

     130,741  

11,610

  

American Airlines Group, Inc. (a)

     236,612  

11,579

  

Delta Air Lines, Inc. (a)

     462,002  

10,705

  

Southwest Airlines Co. (a)

     540,817  

5,857

  

United Continental Holdings, Inc. (a)

     273,639  
     

 

 

 
        1,643,811  
     

 

 

 

Computer and Electronic Product Manufacturing - 8.6%

  

4,180

  

AMETEK, Inc.

     581,229  

6,128

  

Fortive Corp.

     445,261  

3,711

  

L3 Harris Technologies, Inc.

     841,432  

2,710

  

Northrop Grumman Corp.

     983,784  

7,302

  

Otis Worldwide Corp.

     653,894  

27,427

  

Raytheon Technologies Corp.

     2,384,778  

1,907

  

Roper Technologies, Inc.

     936,985  
     

 

 

 
        6,827,363  
     

 

 

 

Couriers and Messengers - 4.7%

  

4,420

  

FedEx Corp.

     1,237,379  

13,095

  

United Parcel Service, Inc. Class B

     2,505,859  
     

 

 

 
        3,743,238  
     

 

 

 

Electrical Equipment, Appliance, and Component Manufacturing - 4.4%

  

2,434

  

A.O. Smith Corp.

     171,183  

7,215

  

Eaton Corp PLC ADR (Ireland)

     1,140,331  

10,855

  

Emerson Electric Co.

     1,095,161  

1,140

  

Generac Holdings, Inc. (a)

     478,070  

2,101

  

Rockwell Automation, Inc.

     645,890  
     

 

 

 
        3,530,635  
     

 

 

 

Fabricated Metal Product Manufacturing - 1.0%

  

3,009

  

Pentair PLC ADR (Ireland)

     221,673  

2,923

  

Stanley Black & Decker, Inc.

     575,977  
     

 

 

 
        797,650  
     

 

 

 

Machinery Manufacturing - 13.0%

  

14,788

  

Carrier Global Corp.

     817,037  

9,917

  

Caterpillar, Inc.

     2,050,340  

2,647

  

Cummins, Inc.

     614,369  

5,646

  

Deere & Co.

     2,041,537  

19,864

  

General Electric Co.

     2,057,909  

1,374

  

IDEX Corp.

     311,472  

6,757

  

Ingersoll Rand, Inc. (a)

     330,215  

2,337

  

Parker Hannifin Corp.

     729,214  

979

  

Snap-on, Inc.

     213,402  

4,329

  

Trane Technologies PLC ADR (Ireland)

     881,428  

3,258

  

Xylem, Inc.

     410,019  
     

 

 

 
        10,456,942  
     

 

 

 

Merchant Wholesalers, Durable Goods - 5.6%

  

3,770

  

Copart, Inc. (a)

     554,190  

10,397

  

Fastenal Co.

     569,444  

2,505

  

Fortune Brands Home & Security, Inc.

     244,162  

12,573

  

Honeywell International, Inc.

     2,939,442  

728

  

Huntington Ingalls Industries, Inc.

     149,334  
     

 

 

 
        4,456,572  
     

 

 

 

Merchant Wholesalers, Nondurable Goods - 1.5%

  

5,203

  

Illinois Tool Works, Inc.

     1,179,364  
     

 

 

 

Miscellaneous Manufacturing - 0.9%

  

2,607

  

Dover Corp.

     435,682  

4,086

  

Textron, Inc.

     281,975  
     

 

 

 
        717,657  
     

 

 

 

National Security and International Affairs - 0.3%

  

2,406

  

Leidos Holdings, Inc.

     256,047  
     

 

 

 

Nonmetallic Mineral Product Manufacturing - 2.6%

  

10,492

  

3M Co.

     2,076,787  
     

 

 

 

Nonstore Retailers - 0.4%

  

792

  

W.W. Grainger, Inc.

     352,107  
     

 

 

 

Personal and Laundry Services - 0.8%

  

1,597

  

Cintas Corp.

     629,506  
     

 

 

 

Primary Metal Manufacturing - 0.3%

  

7,076

  

Howmet Aerospace, Inc. (a)

     232,234  
     

 

 

 

Professional, Scientific, and Technical Services - 1.8%

  

2,357

  

Jacobs Engineering Group, Inc.

     318,784  

6,490

  

Nielsen Holdings PLC ADR (Ireland)

     153,748  

841

  

Teledyne Technologies, Inc. (a)

     380,780  

2,936

  

Verisk Analytics, Inc. Class A

     557,664  
     

 

 

 
        1,410,976  
     

 

 

 

Rail Transportation - 7.0%

  

41,132

  

CSX Corp.

     1,329,386  

1,647

  

Kansas City Southern Railway Co.

     441,067  

4,530

  

Norfolk Southern Corp.

     1,167,970  

12,026

  

Union Pacific Corp.

     2,630,808  
     

 

 

 
        5,569,231  
     

 

 

 

Rental and Leasing Services - 0.5%

  

1,309

  

United Rentals, Inc. (a)

     431,381  
     

 

 

 

Specialty Trade Contractors - 1.4%

  

12,975

  

Johnson Controls International PLC ADR (Ireland)

     926,674  

2,523

  

Quanta Services, Inc.

     229,341  
     

 

 

 
        1,156,015  
     

 

 

 


Support Activities for Transportation - 1.1%

  

2,408

  

C.H. Robinson Worldwide, Inc.

     214,721  

3,057

  

Expeditors International of Washington, Inc.

     392,060  

1,512

  

J.B. Hunt Transport Services, Inc.

     254,697  
     

 

 

 
        861,478  
     

 

 

 

Transportation Equipment Manufacturing - 7.7%

  

9,952

  

Boeing Co. (a)

     2,253,929  

4,144

  

General Dynamics Corp.

     812,348  

4,427

  

Lockheed Martin Corp.

     1,645,383  

6,284

  

Paccar, Inc.

     521,509  

994

  

TransDigm Group, Inc. (a)

     637,244  

3,217

  

Wabtec Corp.

     273,027  
     

 

 

 
        6,143,440  
     

 

 

 

Truck Transportation - 0.6%

  

1,723

  

Old Dominion Freight Line, Inc.

     463,745  
     

 

 

 

Waste Management and Remediation Services - 0.6%

  

3,812

  

Republic Services, Inc.

     451,188  
     

 

 

 

Wood Product Manufacturing - 0.3%

  

4,594

  

Masco Corp.

     274,308  
     

 

 

 
  

TOTAL COMMON STOCKS (Cost $54,764,688)

   $ 56,646,963  
     

 

 

 

SHORT TERM INVESTMENTS - 29.3%

  

Money Market Funds - 29.3%

  

7,559,993

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (b)

   $ 7,559,993  

910,175

  

Goldman Sachs Financial Square Government Fund Institutional Shares, 0.03% (b)

     910,175  

14,902,097

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (b)

     14,902,097  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $23,372,265)

   $ 23,372,265  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $78,136,953) - 100.2% (c)

   $ 80,019,228  
  

Liabilities in Excess of Other Assets - (0.2)%

     (167,940
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 79,851,288  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Non-income producing security.

(b)

Represents annualized seven-day yield at July 31, 2021.

(c)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $61,350,257.

ADR - American Depository Receipt

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
   Contracts      Notional
Amount
     Unrealized
Appreciation
 

Total return of Industrials Select Sector Index

  

0.7366% representing 1 month LIBOR rate + spread

   Credit Suisse Capital LLC    12/7/2021      15,837      $ 15,409,196      $ 1,103,127  

Total return of Industrials Select Sector Index

  

0.6866% representing 1 month LIBOR rate + spread

   UBS Securities LLC    12/9/2021      23,956        24,562,894        387,334  

Total return of Industrials Select Sector Index

  

0.3866% representing 1 month LIBOR rate + spread

   Barclays    12/10/2021      37,032        32,954,441        5,800,807  

Total return of Industrials Select Sector Index

  

0.6866% representing 1 month LIBOR rate + spread

   Citibank N.A.    12/13/2021      66,245        64,160,493        4,970,004  

Total return of Industrials Select Sector Index

  

0.6893% representing 1 month LIBOR rate + spread

   Bank of America Merrill Lynch    12/14/2021      32,627        33,284,706        682,160  
              

 

 

    

 

 

 
               $ 170,371,730      $ 12,943,432  
              

 

 

    

 

 

 


Direxion Daily MSCI Real Estate Bull 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

COMMON STOCKS - 64.7%

  

Accommodation - 1.0%

  

3,368

  

Chatham Lodging Trust (a)

   $ 41,359  

50,585

  

Host Hotels & Resorts, Inc. (a)

     805,819  

16,919

  

Park Hotels & Resorts, Inc. (a)

     313,002  

11,824

  

Service Property Trust

     131,601  

7,578

  

Summit Hotel Properties, Inc. (a)

     68,278  

15,462

  

Sunstone Hotel Investors, Inc. (a)

     178,431  

8,152

  

Xenia Hotels & Resorts, Inc. (a)

     144,127  
     

 

 

 
        1,682,617  
     

 

 

 

Administrative and Support Services - 0.5%

  

20,688

  

Iron Mountain, Inc.

     905,307  
     

 

 

 

Data Processing, Hosting and Related Services - 0.6%

  

8,645

  

CyrusOne, Inc.

     616,129  

4,634

  

QTS Realty Trust, Inc. Class A

     360,108  
     

 

 

 
        976,237  
     

 

 

 

Forestry and Logging - 0.2%

  

9,885

  

Rayonier, Inc.

     372,763  
     

 

 

 

Funds, Trusts, and Other Financial Vehicles - 2.1%

  

6,188

  

Acadia Realty Trust

     132,423  

4,547

  

Agree Realty Corp.

     341,707  

15,068

  

Diamondrock Hospitality Co. (a)

     129,736  

2,846

  

EastGroup Properties, Inc.

     501,522  

9,259

  

First Industrial Realty Trust, Inc.

     507,208  

7,317

  

Franklin Street Properties Corp.

     38,195  

2,667

  

Getty Realty Corp.

     84,251  

2,563

  

Gladstone Commercial Corp. (b)

     59,410  

19,905

  

Lexington Realty Trust

     261,751  

6,695

  

Monmouth Real Estate Investment Corp. Class A

     127,473  

3,075

  

National Health Investors, Inc.

     209,807  

1,183

  

One Liberty Properties, Inc.

     36,188  

1,486

  

PS Business Parks, Inc.

     228,354  

1,014

  

Saul Centers, Inc.

     46,238  

11,093

  

SITE Centers Corp.

     175,935  

8,234

  

Spirit Realty Capital, Inc.

     413,511  

6,713

  

Tanger Factory Outlet Centers, Inc. (b)

     115,262  

2,987

  

UMH Properties, Inc.

     69,537  

988

  

Universal Health Realty Income Trust

     59,033  

2,158

  

Urstadt Biddle Properties, Inc. Class A

     41,153  
     

 

 

 
        3,578,694  
     

 

 

 

Heavy and Civil Engineering Construction - 0.1%

  

2,323

  

St. Joe Co.

     105,162  
     

 

 

 

Paper Manufacturing - 0.1%

  

4,801

  

PotlatchDeltic Corp.

     249,364  
     

 

 

 

Professional, Scientific, and Technical Services - 1.5%

  

9,423

  

Extra Space Storage, Inc.

     1,640,921  

6,193

  

Lamar Advertising Co.

     660,174  

10,359

  

Outfront Media, Inc. (a)

     247,477  
     

 

 

 
        2,548,572  
     

 

 

 

Real Estate - 53.8%

  

5,190

  

Alexander & Baldwin, Inc.

     103,904  

163

  

Alexander’s, Inc.

     45,451  

9,318

  

Alexandria Real Estate Equities, Inc.

     1,876,086  

3,688

  

American Assets Trust, Inc.

     136,198  

9,866

  

American Campus Communities, Inc.

     496,358  

20,365

  

American Homes 4 Rent

     855,330  

31,867

  

American Tower Corp.

     9,011,988  

17,148

  

Americold Realty Trust

     666,200  

10,680

  

Apartment Income REIT Corp.

     562,195  

10,680

  

Apartment Investment and Management Co.

     74,333  

15,205

  

Apple Hospitality REIT, Inc.

     227,315  

4,254

  

Armada Hoffler Properties, Inc.

     55,302  

10,007

  

AvalonBay Communities, Inc.

     2,279,895  

10,611

  

Boston Properties, Inc.

     1,245,519  

12,235

  

Brandywine Realty Trust

     170,801  

21,284

  

Brixmor Property Group, Inc.

     489,958  


10,458

  

Broadstone Net Lease, Inc.

     272,117  

6,999

  

Camden Property Trust

     1,045,581  

6,872

  

CareTrust REIT, Inc.

     165,753  

3,496

  

CatchMark Timber Trust, Inc.

     40,868  

24,067

  

CBRE Group, Inc. Class A (a)

     2,321,503  

935

  

Centerspace

     84,150  

3,114

  

City Office REIT, Inc.

     40,077  

8,235

  

Columbia Property Trust, Inc.

     137,277  

1,633

  

Community Healthcare Trust, Inc.

     81,372  

2,923

  

CorePoint Lodging, Inc. (a)

     39,285  

3,066

  

CoreSite Realty Corp.

     423,752  

8,043

  

Corporate Office Properties Trust

     236,786  

10,655

  

Cousins Properties, Inc.

     423,217  

30,930

  

Crown Castle International Corp.

     5,972,274  

14,011

  

CubeSmart

     695,786  

9,552

  

Cushman & Wakefield PLC ADR (United Kingdom) (a)

     178,336  

20,092

  

Digital Realty Trust, Inc.

     3,097,383  

34,666

  

DigitalBridge Group, Inc. (a)

     241,275  

17,091

  

Diversified Healthcare Trust

     66,655  

12,582

  

Douglas Emmett, Inc.

     420,239  

26,806

  

Duke Realty Corp.

     1,363,889  

5,889

  

Easterly Government Properties, Inc.

     133,680  

10,399

  

Empire State Realty Trust, Inc.

     118,861  

5,365

  

EPR Properties

     269,859  

8,718

  

Equity Commonwealth

     229,196  

12,417

  

Equity Lifestyle Properties, Inc.

     1,040,545  

25,386

  

Equity Residential

     2,135,724  

7,663

  

Essential Properties Realty Trust, Inc.

     228,357  

4,659

  

Essex Property Trust, Inc.

     1,528,618  

4,513

  

eXp World Holdings, Inc. (a)

     162,107  

4,956

  

Federal Realty Investment Trust

     582,479  

4,215

  

Five Point Holdings, LLC (a)

     35,280  

1,208

  

Forestar Group, Inc. (a)

     24,728  

5,460

  

Four Corners Property Trust, Inc.

     156,757  

437

  

FRP Holdings, Inc. (a)

     26,277  

15,862

  

Gaming & Leisure Properties, Inc.

     750,907  

1,877

  

Gladstone Land Corp.

     43,772  

4,068

  

Global Medical REIT, Inc.

     63,298  

6,428

  

Global Net Lease, Inc.

     118,725  

10,022

  

Healthcare Realty Trust, Inc.

     319,501  

15,682

  

Healthcare Trust of America, Inc. Class A

     448,348  

38,635

  

Healthpeak Properties, Inc.

     1,428,336  

7,451

  

Highwoods Properties, Inc.

     355,338  

2,964

  

Howard Hughes Corp. (a)

     274,792  

10,819

  

Hudson Pacific Properties, Inc.

     294,926  

7,309

  

Independence Realty Trust, Inc.

     140,918  

4,687

  

Industrial Logistics Properties Trust

     127,018  

1,716

  

Innovative Industrial Properties, Inc.

     368,923  

40,677

  

Invitation Homes, Inc.

     1,654,740  

5,296

  

iStar, Inc. (b)

     128,322  

8,489

  

JBG SMITH Properties

     276,996  

3,666

  

Jones Lang LaSalle, Inc. (a)

     815,942  

9,129

  

Kennedy-Wilson Holdings, Inc.

     184,315  

7,516

  

Kilroy Realty Corp.

     520,633  

31,011

  

Kimco Realty Corp.

     661,465  

6,043

  

Kite Realty Group Trust

     121,827  

5,413

  

Life Storage, Inc.

     635,270  

2,811

  

LTC Properties, Inc.

     106,396  

10,539

  

Macerich Co.

     171,786  

5,204

  

Mack-Cali Realty Corp. (a)

     93,672  

1,698

  

Marcus & Millichap, Inc. (a)

     67,563  

41,466

  

Medical Properties Trust, Inc.

     872,030  

10,789

  

MGM Growth Properties LLC

     407,824  

8,202

  

Mid-America Apartment Communities, Inc.

     1,583,806  

12,570

  

National Retail Properties, Inc.

     614,296  

5,943

  

National Storage Affiliates Trust

     321,932  

2,826

  

Netstreit Corp.

     73,335  

5,950

  

New Senior Investment Group, Inc.

     54,859  

11,406

  

Newmark Group, Inc.

     146,909  

1,612

  

NexPoint Residential Trust, Inc.

     95,027  


  3,462     

Office Properties Income Trust

     100,329  
  16,621     

Omega Healthcare Investors, Inc.

     603,010  
  8,285     

Opendoor Technologies, Inc. (a)(b)

     122,784  
  12,564     

Paramount Group, Inc.

     122,625  
  9,420     

Pebblebrook Hotel Trust

     211,856  
  14,933     

Physicians Realty Trust

     282,980  
  8,886     

Piedmont Office Realty Trust, Inc. Class A

     169,012  
  3,584     

Preferred Apartment Communities, Inc.

     37,775  
  53,032     

Prologis, Inc.

     6,790,217  
  11,288     

Public Storage

     3,527,274  
  8,286     

Realogy Holdings Corp. (a)

     146,828  
  26,779     

Realty Income Corp.

     1,882,296  
  6,657     

Redfin Corp. (a)

     389,900  
  10,964     

Regency Centers Corp.

     717,155  
  8,480     

Retail Opportunity Investments Corp.

     149,842  
  15,386     

Retail Properties of America, Inc. Class A

     194,017  
  9,429     

Rexford Industrial Realty, Inc.

     580,072  
  11,831     

RLJ Lodging Trust

     169,775  
  5,825     

RPT Realty

     74,210  
  3,746     

Ryman Hospitality Properties, Inc. (a)

     287,318  
  15,110     

Sabra Health Care REIT, Inc.

     280,895  
  1,144     

Safehold, Inc.

     103,326  
  2,494     

Seritage Growth Properties (a)(b)

     39,580  
  23,556     

Simon Property Group, Inc.

     2,980,305  
  5,057     

SL Green Realty Corp. (b)

     376,544  
  11,360     

Stag Industrial, Inc.

     469,395  
  16,944     

Store Capital Corp.

     613,203  
  7,717     

Sun Communities, Inc.

     1,513,381  
  4,923     

Terreno Realty Corp.

     336,536  
  8,692     

The GEO Group, Inc. (b)

     60,149  
  1,106     

The RMR Group LLC

     43,399  
  21,288     

UDR, Inc.

     1,170,627  
  16,696     

Uniti Group, Inc.

     195,510  
  8,395     

Urban Edge Properties

     159,505  
  26,869     

Ventas, Inc.

     1,606,229  
  16,424     

VEREIT, Inc.

     804,283  
  38,482     

VICI Properties, Inc.

     1,200,254  
  11,662     

Vornado Realty Trust

     507,297  
  6,067     

Washington REIT, Inc.

     147,367  
  8,724     

Weingarten Realty Investors

     280,826  
  29,931     

Welltower, Inc.

     2,599,807  
  53,622     

Weyerhaeuser Co.

     1,808,670  
  12,578     

WP Carey, Inc.

     1,014,919  
     

 

 

 
        91,531,905  
     

 

 

 
 

Securities, Commodity Contracts, and Other Financial Investments and Related Activities - 0.1%

  
  7,808     

American Finance Trust, Inc.

     66,134  
  1,329     

RE/MAX Holdings, Inc.

     45,585  
     

 

 

 
        111,719  
     

 

 

 
 

Telecommunications - 4.7%

  
  6,402     

Equinix, Inc.

     5,252,265  
  7,841     

SBA Communications Corp.

     2,673,703  
     

 

 

 
        7,925,968  
     

 

 

 
  

TOTAL COMMON STOCKS (Cost $98,188,504)

   $ 109,988,308  
     

 

 

 
 

SHORT TERM INVESTMENTS - 34.9%

  
 

Money Market Funds - 34.9%

  
  39,109,787     

Dreyfus Government Cash Management Institutional Shares, 0.03% (c)(d)

   $ 39,109,787  
  4,682,528     

Goldman Sachs Financial Square Government Fund Institutional Shares, 0.03% (c)

     4,682,528  
  15,517,439     

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (c)

     15,517,439  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $59,309,754)

   $ 59,309,754  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $157,498,258) - 99.6% (e)

   $ 169,298,062  
  

Other Assets in Excess of Liabilities - 0.4%

     795,775  
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 170,093,837  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a) 

Non-income producing security.

(b) 

A portion of this security represents a security on loan.

(c) 

Represents annualized seven-day yield at July 31, 2021.

(d) 

All or a portion of this security represents an investment of securities lending collateral.

(e) 

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $114,241,121.

ADR - American Depository Receipt


Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be
Received at Termination

  

Terms of Payments to be

Paid at Termination

   Counterparty    Termination Date      Contracts      Notional
Amount
     Unrealized
Appreciation
 

Total return of MSCI US IMI Real Estate 25/50 Index

   0.7766% representing 1 month LIBOR rate + spread    Credit Suisse
Capital LLC
     12/7/2021        66,263      $ 73,927,725      $ 12,582,597  

Total return of MSCI US IMI Real Estate 25/50 Index

   0.5893% representing 1 month LIBOR rate + spread    Bank of America
Merrill Lynch
     12/9/2021        58,763        60,540,907        16,710,644  

Total return of MSCI US IMI Real Estate 25/50 Index

   0.3366% representing 1 month LIBOR rate + spread    J.P. Morgan      12/9/2021        65,765        71,063,234        14,951,610  

Total return of MSCI US IMI Real Estate 25/50 Index

   0.6866% representing 1 month LIBOR rate + spread    Barclays      12/9/2021        27,558        34,938,593        837,244  

Total return of MSCI US IMI Real Estate 25/50 Index

   0.6866% representing 1 month LIBOR rate + spread    UBS Securities LLC      12/13/2021        90,725        114,209,741        3,625,901  
              

 

 

    

 

 

 
               $ 354,680,200      $ 48,707,996  
              

 

 

    

 

 

 


Direxion Daily MSCI Real Estate Bear 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

SHORT TERM INVESTMENTS - 82.2%

  

Money Market Funds - 82.2%

  

1,872,236

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (a)

   $ 1,872,236  

12,229,415

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (a)

     12,229,415  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $14,101,651) (b)

   $ 14,101,651  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $14,101,651) - 82.2%

   $ 14,101,651  
  

Other Assets in Excess of Liabilities - 17.8%

     3,060,952  
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 17,162,603  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a) 

Represents annualized seven-day yield at July 31, 2021.

(b) 

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $14,101,651.

Short Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received/(Paid) at Termination

  

Terms of Payments to be
Paid at Termination

   Counterparty    Termination Date      Contracts      Notional
Amount
     Unrealized
Depreciation
 

0.4166% representing 1 month LIBOR rate + spread

   Total return of MSCI US IMI Real Estate 25/50 Index    Credit Suisse
Capital LLC
     12/7/2021        4,037      $ 4,454,131      $ (818,415

0.3893% representing 1 month LIBOR rate + spread

   Total return of MSCI US IMI Real Estate 25/50 Index    Bank of America
Merrill Lynch
     12/9/2021        22,881        27,655,054        (2,128,436

0.4866% representing 1 month LIBOR rate + spread

   Total return of MSCI US IMI Real Estate 25/50 Index    UBS Securities LLC      12/9/2021        7,797        9,921,664        (178,936

(0.1634)% representing 1 month LIBOR rate + spread

   Total return of MSCI US IMI Real Estate 25/50 Index    J.P. Morgan      12/16/2021        5,040        6,274,737        (275,777
              

 

 

    

 

 

 
               $ 48,305,586      $ (3,401,564
              

 

 

    

 

 

 


Direxion Daily Pharmaceutical & Medical Bull 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

COMMON STOCKS - 59.6%

  

Administrative and Support Services - 2.4%

  

8,781

  

Royalty Pharma PLC ADR (United Kingdom)

   $ 335,434  
     

 

 

 

Ambulatory Health Care Services - 3.5%

  

2,813

  

Axsome Therapeutics, Inc. (a)

     136,684  

25,062

  

Viatris, Inc.

     352,622  
     

 

 

 
        489,306  
     

 

 

 

Chemical Manufacturing - 46.5%

  

6,723

  

Aclaris Therapeutics, Inc. (a)

     100,374  

4,962

  

Aerie Pharmaceuticals, Inc. (a)

     78,300  

1,332

  

Amphastar Pharmaceuticals, Inc. (a)

     27,906  

6,300

  

Antares Pharma, Inc. (a)

     27,720  

8,226

  

BioDelivery Sciences International, Inc. (a)

     30,930  

5,854

  

Bristol-Myers Squibb Co.

     397,311  

7,757

  

Cara Therapeutics, Inc. (a)

     92,851  

5,120

  

Cassava Sciences, Inc. (a)

     355,994  

3,615

  

Catalent, Inc. (a)

     433,113  

2,524

  

Collegium Pharmaceutical, Inc. (a)

     62,822  

4,742

  

Corcept Therapeutics, Inc. (a)

     98,491  

8,376

  

Durect Corp. (a)

     11,810  

11,697

  

Elanco Animal Health, Inc. (a)

     426,590  

1,759

  

Eli Lilly and Company

     428,317  

4,291

  

Innoviva, Inc. (a)

     60,846  

3,383

  

Intra-Cellular Therapies, Inc. (a)

     116,138  

2,118

  

Jazz Pharmaceuticals PLC ADR (Ireland) (a)

     359,043  

2,390

  

Johnson & Johnson

     411,558  

1,808

  

Marinus Pharmaceuticals, Inc. (a)

     26,578  

4,653

  

Merck & Co., Inc.

     357,676  

8,615

  

Nektar Therapeutics (a)

     136,031  

2,138

  

NGM Biopharmaceuticals, Inc. (a)

     43,594  

1,330

  

Organon & Co. (a)

     38,583  

4,233

  

Pacira Pharmaceuticals, Inc. (a)

     249,535  

7,901

  

Perrigo Co. PLC ADR (Ireland)

     379,485  

9,819

  

Pfizer, Inc.

     420,351  

914

  

Phathom Pharmaceuticals, Inc. (a)

     29,339  

2,147

  

Prestige Consumer Healthcare, Inc. (a)

     112,825  

10,035

  

Provention Bio, Inc. (a)

     60,913  

655

  

Relmada Therapeutics, Inc. (a)

     17,030  

3,237

  

Revance Therapeutics, Inc. (a)

     94,132  

4,034

  

Supernus Pharmaceuticals, Inc. (a)

     106,215  

70,206

  

TherapeuticsMD, Inc. (a)

     70,206  

2,765

  

Theravance Biopharma, Inc. ADR (a)

     35,890  

2,163

  

Zoetis, Inc.

     438,440  

5,932

  

Zogenix, Inc. (a)

     96,158  

416,469

  

Zomedica Corp. ADR (Canada) (a)

     253,380  
     

 

 

 
        6,486,475  
     

 

 

 

Computer and Electronic Product Manufacturing - 0.8%

  

10,073

  

Ocular Therapeutix, Inc. (a)

     110,904  
     

 

 

 

Merchant Wholesalers, Nondurable Goods - 1.6%

  

11,496

  

Amneal Pharmaceuticals, Inc. (a)

     56,676  

29,288

  

Endo International PLC ADR (Ireland) (a)

     148,197  

945

  

Phibro Animal Health Corp.

     22,368  
     

 

 

 
        227,241  
     

 

 

 

Professional, Scientific, and Technical Services - 4.4%

  

2,782

  

Arvinas, Inc. (a)

     281,260  

5,718

  

Omeros Corp. (a)

     82,911  

2,038

  

Reata Pharmaceuticals, Inc. (a)

     255,382  
     

 

 

 
        619,553  
     

 

 

 

Securities, Commodity Contracts, and Other Financial Investments and Related Activities - 0.4%

  

5,764

  

Nuvation Bio, Inc. (a)

     49,801  
     

 

 

 
  

TOTAL COMMON STOCKS (Cost $8,841,083)

   $ 8,318,714  
     

 

 

 

SHORT TERM INVESTMENTS - 39.4%

  

Money Market Funds - 39.4%

  

3,187,866

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (b)

   $ 3,187,866  

430,000

  

Goldman Sachs Financial Square Government Fund Institutional Shares, 0.03% (b)

     430,000  

1,876,865

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (b)

     1,876,865  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $5,494,731)

   $ 5,494,731  
     

 

 

 


   TOTAL INVESTMENTS (Cost $ 14,335,814) - 99.0% (c)    $ 13,813,445  
   Other Assets in Excess of Liabilities - 1.0%      139,351  
     

 

 

 
   TOTAL NET ASSETS - 100.0%    $ 13,952,796  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a) 

Non-income producing security.

(b) 

Represents annualized seven-day yield at July 31, 2021.

(c) 

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $13,588,847.

ADR - American Depository Receipt

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

   Terms of Payments to be
Paid at Termination
    Counterparty    Termination
Date
     Contracts      Notional
Amount
     Unrealized
Depreciation
 

Total return of S&P Pharmaceuticals Select Industry Index

    
0.6866 % representing
1 month LIBOR rate + spread
 
 
  UBS
Securities
LLC
     12/9/2021        3,848      $ 22,389,839      $ (88,390

Total return of S&P Pharmaceuticals Select Industry Index

    
0.4366 % representing
1 month LIBOR rate + spread
 
 
  Citibank
N.A.
     12/16/2021        1,594        9,307,385        (68,637

Total return of S&P Pharmaceuticals Select Industry Index

    
0.6420 % representing
1 month LIBOR rate + spread
 
 
  Barclays      7/28/2022        347        2,120,075        (108,721
             

 

 

    

 

 

 
              $ 33,817,299      $ (265,748
             

 

 

    

 

 

 


Direxion Daily Regional Banks Bull 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

COMMON STOCKS - 63.2%

  

Credit Intermediation and Related Activities - 58.1%

  

10,059

  

1st Source Corp.

   $ 460,602  

8,069

  

Allegiance Bancshares, Inc.

     294,276  

69,414

  

Ameris Bancorp

     3,374,215  

221,738

  

Associated Banc-Corp

     4,390,412  

34,973

  

Atlantic Union Bankshares Corp.

     1,240,492  

12,887

  

BancFirst Corp.

     714,971  

109,584

  

BancorpSouth Bank

     2,827,267  

35,033

  

Bank of Hawaii Corp.

     2,932,612  

109,130

  

Bank OZK

     4,442,682  

87,080

  

BankUnited, Inc.

     3,446,626  

25,509

  

Banner Corp.

     1,352,997  

39,762

  

Berkshire Hills Bancorp, Inc.

     1,075,165  

31,529

  

BOK Financial Corp.

     2,648,751  

42,182

  

Brookline Bancorp, Inc.

     606,155  

152,666

  

Cadence Bancorporation

     2,900,654  

6,116

  

Camden National Corp.

     273,813  

53,210

  

Cathay General Bancorp

     2,015,063  

99,450

  

CIT Group, Inc.

     4,797,468  

109,943

  

Citizens Financial Group, Inc.

     4,635,197  

8,879

  

City Holding Co.

     671,785  

51,382

  

Columbia Banking System, Inc.

     1,795,287  

71,293

  

Comerica, Inc.

     4,894,977  

59,464

  

Commerce Bancshares, Inc.

     4,205,889  

32,359

  

Community Bank System, Inc.

     2,318,199  

20,819

  

ConnectOne Bancorp, Inc.

     547,540  

31,459

  

Customers Bancorp, Inc. (a)

     1,139,445  

76,164

  

CVB Financial Corp.

     1,451,686  

19,686

  

Eagle Bancorp, Inc.

     1,083,321  

73,004

  

East West Bancorp, Inc.

     5,194,235  

127,072

  

Eastern Bankshares, Inc.

     2,319,064  

22,617

  

Enterprise Financial Services Corp.

     1,008,040  

325,163

  

F.N.B. Corp.

     3,726,368  

19,682

  

FB Financial Corp.

     744,176  

129,673

  

Fifth Third Bancorp

     4,705,833  

13,979

  

First Bancorp

     559,160  

278,833

  

First BanCorp ADR

     3,382,244  

23,034

  

First Busey Corp.

     543,602  

6,136

  

First Citizens BancShares, Inc. Class A

     4,801,972  

64,291

  

First Commonwealth Financial Corp.

     846,712  

52,190

  

First Financial Bancorp

     1,174,275  

75,082

  

First Financial Bankshares, Inc.

     3,667,005  

7,068

  

First Financial Corp.

     283,073  

100,976

  

First Hawaiian, Inc.

     2,779,869  

287,472

  

First Horizon National Corp.

     4,441,442  

105,306

  

First Midwest Bancorp, Inc.

     1,889,190  

27,578

  

First Republic Bank

     5,378,262  

19,617

  

Flushing Finanicial Corp.

     432,555  

134,287

  

Fulton Financial Corp.

     2,057,277  

62,557

  

Glacier Bancorp, Inc.

     3,225,439  

53,052

  

Great Western Bancorp, Inc.

     1,634,002  

63,157

  

Hancock Holding Co.

     2,760,592  

26,895

  

Hanmi Financial Corp. Class A

     490,296  

33,288

  

HarborOne Bancorp, Inc.

     453,050  

22,672

  

Heartland Financial USA, Inc.

     1,034,297  

36,768

  

Heritage Commerce Corp.

     398,565  

15,584

  

Heritage Financial Corp.

     376,977  

86,356

  

Hilltop Holdings, Inc.

     2,735,758  

121,080

  

Hope Bancorp, Inc.

     1,604,310  

363,563

  

Huntington Bancshares, Inc.

     5,118,967  

26,943

  

Independent Bank Corp. (Massachusetts)

     1,904,331  

15,617

  

Independent Bank Corp. (Michigan)

     328,426  

26,205

  

Independent Bank Group, Inc.

     1,826,489  

27,986

  

International Bancshares Corp.

     1,093,693  

341,773

  

Investors Bancorp, Inc.

     4,723,303  

239,778

  

KeyCorp

     4,714,036  

22,506

  

Lakeland Bancorp, Inc.

     368,423  

16,191

  

Lakeland Financial Corp.

     1,082,692  

54,027

  

Live Oak Bancshares, Inc.

     3,251,885  

33,910

  

M&T Bank Corp.

     4,538,854  

12,746

  

Midland States Bancorp, Inc.

     313,679  

22,517

  

NBT Bancorp, Inc.

     784,717  

5,560

  

Nicolet Bankshares, Inc. (a)

     402,488  

47,126

  

OceanFirst Financial Corp.

     918,957  

41,770

  

OFG Bancorp ADR ADR

     964,887  


114,577

  

Old National Bancorp

     1,843,544  

54,245

  

Pacific Premier Bancorp, Inc.

     2,060,225  

120,469

  

PacWest Bancorp

     4,797,076  

5,804

  

Park National Corp.

     661,134  

287,630

  

People’s United Financial, Inc.

     4,515,791  

59,059

  

Pinnacle Financial Partners, Inc.

     5,292,277  

27,805

  

PNC Financial Services Group, Inc.

     5,071,910  

66,274

  

Popular, Inc. ADR

     4,822,096  

9,742

  

Preferred Bank

     574,583  

57,619

  

Prosperity Bancshares, Inc.

     3,929,040  

244,460

  

Regions Financial Corp.

     4,705,855  

36,266

  

Renasant Corp.

     1,275,838  

19,686

  

S&T Bancorp, Inc.

     579,753  

25,055

  

Sandy Spring Bancorp, Inc.

     1,042,037  

32,943

  

Seacoast Banking Corp. of Florida

     1,001,138  

21,186

  

Signature Bank

     4,808,586  

54,594

  

Silvergate Capital Corp. (a)

     5,612,263  

71,816

  

Simmons First National Corp.

     1,954,832  

17,777

  

Southside Bancshares, Inc.

     640,683  

202,183

  

Sterling Bancorp

     4,389,393  

9,364

  

SVB Financial Group (a)

     5,149,825  

110,101

  

Synovus Financial Corp.

     4,503,131  

77,239

  

Texas Capital Bancshares, Inc. (a)

     4,864,512  

64,733

  

The Bancorp, Inc. (a)

     1,512,810  

5,634

  

Tompkins Financial Corp.

     432,409  

15,095

  

TriCo Bancshares

     595,196  

24,252

  

Triumph Bancorp, Inc. (a)

     1,859,158  

90,719

  

Truist Financial Corp.

     4,937,835  

32,455

  

Trustmark Corp.

     974,299  

30,377

  

UMB Financial Corp.

     2,843,287  

69,204

  

United Bankshares, Inc.

     2,390,306  

56,632

  

United Community Banks, Inc.

     1,631,568  

14,164

  

Univest Corp. of Pennsylvania

     387,527  

358,602

  

Valley National Bancorp

     4,622,380  

9,435

  

Washington Trust Bancorp, Inc.

     459,956  

92,135

  

Webster Financial Corp.

     4,431,694  

38,390

  

WesBanco, Inc.

     1,239,229  

14,432

  

Westamerica Bancorp

     801,698  

54,104

  

Western Alliance Bancorp

     5,021,933  

55,454

  

Wintrust Financial Corp.

     3,959,416  

95,184

  

Zions Bancorp

     4,963,846  
     

 

 

 
        276,681,083  
     

 

 

 

Activities - 0.2%

  

27,024

  

First Merchants Corp.

     1,100,688  
     

 

 

 

Management of Companies and Enterprises - 4.7%

  

39,655

  

Banc of California, Inc.

     678,894  

15,197

  

Bryn Mawr Bank Corp.

     594,659  

24,401

  

Central Pacific Financial Corp.

     624,666  

45,242

  

Cullen/Frost Bankers, Inc.

     4,855,371  

24,876

  

First Foundation, Inc.

     586,327  

26,776

  

First Interstate BancSystem, Inc.

     1,122,450  

91,988

  

Home Bancshares, Inc.

     1,948,306  

24,277

  

National Bank Holdings Corp.

     860,862  

27,557

  

ServisFirst Bancshares, Inc.

     1,958,752  

54,491

  

South State Corp.

     3,751,160  

220,928

  

Umpqua Holdings Corp.

     4,168,911  

38,825

  

Veritex Holdings, Inc.

     1,302,579  
     

 

 

 
        22,452,937  
     

 

 

 

Securities, Commodity Contracts, and Other Financial Investments and Related Activities - 0.2%

  

7,375

  

QCR Holdings, Inc.

     362,039  

16,388

  

TriState Capital Holdings, Inc. (a)

     332,840  
     

 

 

 
        694,879  
     

 

 

 
  

TOTAL COMMON STOCKS (Cost $309,313,804)

   $ 300,929,587  
     

 

 

 

SHORT TERM INVESTMENTS - 38.2%

  

Money Market Funds - 38.2%

  

67,614,795

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (b)

   $ 67,614,795  

47,479,361

  

Goldman Sachs Financial Square Government Fund Institutional Shares, 0.03% (b)

     47,479,361  

66,663,131

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (b)

     66,663,131  
     

 

 

 
   TOTAL SHORT TERM INVESTMENTS (Cost $181,757,287)    $ 181,757,287  
     

 

 

 
   TOTAL INVESTMENTS (Cost $491,071,091) - 101.4% (c)    $ 482,686,874  
   Liabilities in Excess of Other Assets - (1.4)%      (6,330,619
     

 

 

 
   TOTAL NET ASSETS - 100.0%    $ 476,356,255  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a) 

Non-income producing security.

(b)

Represents annualized seven-day yield at July 31, 2021.

(c) 

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $482,686,874.


Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
   Contracts      Notional
Amount
     Unrealized
Appreciation
(Depreciation)
 

Total return of S&P Regional Banks Select Industry Index

  

0.4866 % representing

1 month LIBOR rate + spread

   Barclays    12/9/2021      350,000      $  704,906,648      $ (15,484,421

Total return of S&P Regional Banks Select Industry Index

  

0.6893 % representing

1 month LIBOR rate + spread

   Bank of America Merrill Lynch    12/9/2021      147,124        285,001,791        3,748,852  

Total return of S&P Regional Banks Select Industry Index

  

0.6366 % representing

1 month LIBOR rate + spread

   Citibank N.A.    12/13/2021      43,032        86,421,265        (1,972,749

Total return of S&P Regional Banks Select Industry Index

  

0.9366 % representing

1 month LIBOR rate + spread

   BNP Paribas    8/17/2022      35,000        67,614,728        1,071,817  
              

 

 

    

 

 

 
               $ 1,143,944,432      $ (12,636,501
              

 

 

    

 

 

 


Direxion Daily Retail Bull 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

COMMON STOCKS - 70.0%

  

Administrative and Support Services - 0.9%

  

17,628

  

Revolve Group, Inc. (a)

   $ 1,227,085  
     

 

 

 

Broadcasting (except Internet) - 0.6%

  

73,860

  

Qurate Retail, Inc.

     875,980  
     

 

 

 

Clothing and Clothing Accessories Stores - 13.6%

  

23,478

  

Abercrombie & Fitch Co. Class A (a)

     887,703  

24,260

  

Academy Sports & Outdoors Inc. (a)

     898,833  

29,483

  

American Eagle Outfitters, Inc.

     1,016,279  

13,331

  

Boot Barn Holdings, Inc. (a)

     1,152,065  

36,256

  

Caleres, Inc.

     896,973  

10,405

  

Childrens Place Retail Stores, Inc. (a)

     877,454  

11,932

  

Citi Trends, Inc. (a)

     951,577  

59,627

  

Designer Brands, Inc. (a)

     868,765  

31,318

  

Gap, Inc.

     913,546  

9,733

  

Genesco, Inc. (a)

     559,161  

36,702

  

Guess?, Inc.

     819,189  

15,100

  

L Brands, Inc.

     1,209,057  

28,689

  

Nordstrom, Inc. (a)

     949,606  

8,427

  

Ross Stores, Inc.

     1,033,909  

15,948

  

Shoe Carnival, Inc.

     537,448  

13,536

  

Signet Jewelers Ltd. ADR

     870,906  

24,710

  

The Buckle, Inc.

     1,039,797  

49,748

  

The RealReal, Inc. (a)

     821,339  

15,388

  

TJX Companies, Inc.

     1,058,848  

26,187

  

Urban Outfitters, Inc. (a)

     973,633  

17,071

  

Zumiez, Inc. (a)

     745,149  
     

 

 

 
        19,081,237  
     

 

 

 

Computer and Electronic Product Manufacturing - 0.6%

  

25,618

  

Blink Charging Co, (a)(b)

     884,590  
     

 

 

 

Data Processing, Hosting and Related Services - 0.9%

  

11,020

  

Shutterstock Inc.

     1,195,560  
     

 

 

 

Electronics and Appliance Stores - 0.7%

  

8,842

  

Best Buy Co., Inc.

     993,399  
     

 

 

 

Food and Beverage Stores - 2.9%

  

29,666

  

Grocery Outlet Holding Corp. (a)

     982,538  

10,360

  

Ingles Markets, Inc.

     619,114  

26,140

  

Kroger Co.

     1,063,898  

34,892

  

Sprouts Farmers Market, Inc. (a)

     857,645  

9,453

  

Weis Markets, Inc.

     497,700  
     

 

 

 
        4,020,895  
     

 

 

 

Food Services and Drinking Places - 1.2%

  

4,877

  

Casey’s General Stores, Inc.

     964,232  

3,131

  

Wayfair, Inc. (a)(b)

     755,698  
     

 

 

 
        1,719,930  
     

 

 

 

Gasoline Stations - 0.2%

  

11,489

  

TravelCenters of America Inc. (a)

     332,262  
     

 

 

 

General Merchandise Stores - 9.5%

  

14,708

  

Big Lots, Inc.

     847,328  

21,226

  

BJ’s Wholesale Club Holdings, Inc. (a)

     1,074,885  

3,230

  

Burlington Stores, Inc. (a)

     1,081,404  

2,650

  

Costco Wholesale Corp.

     1,138,758  

5,988

  

Dillard’s, Inc. Class A (b)

     1,097,421  

4,834

  

Dollar General Corp.

     1,124,582  

10,001

  

Dollar Tree, Inc. (a)

     998,000  

5,334

  

Five Below, Inc. (a)

     1,037,036  

18,452

  

Kohl’s Corp.

     937,361  

51,997

  

Macy’s, Inc. (a)

     883,949  

10,439

  

PriceSmart, Inc.

     936,796  

4,344

  

Target Corp.

     1,134,001  

7,189

  

Wal-Mart Stores, Inc.

     1,024,792  
     

 

 

 
        13,316,313  
     

 

 

 

Health and Personal Care Stores - 3.3%

  

49,602

  

Albertsons Companies, Inc. Class A (b)

     1,071,403  

30,831

  

Petmed Express, Inc. (b)

     967,785  

45,396

  

Rite Aid Corp. (a)

     690,019  

2,990

  

Ulta Salon, Cosmetics & Fragrance, Inc. (a)

     1,004,042  

18,295

  

Walgreens Boots Alliance, Inc.

     862,610  
     

 

 

 
        4,595,859  
     

 

 

 

Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) - 0.1%

  

957

  

Winmark Corp.

     201,755  
     

 

 

 

Machinery Manufacturing - 0.7%

  

37,366

  

Leslie’s, Inc. (a)

     909,862  
     

 

 

 

Merchant Wholesalers, Durable Goods - 0.4%

  

3,657

  

America’s Car-Mart, Inc. (a)

     581,463  
     

 

 

 

Merchant Wholesalers, Nondurable Goods - 1.1%

  

93,338

  

Chicos FAS, Inc. (a)

     576,829  

16,156

  

Foot Locker, Inc.

     921,861  
     

 

 

 
        1,498,690  
     

 

 

 

Miscellaneous Manufacturing - 1.4%

  

20,963

  

National Vision Holdings, Inc. (a)

     1,131,583  

42,515

  

Petco Health & Wellness Co., Inc. (a)(b)

     877,084  
     

 

 

 
        2,008,667  
     

 

 

 

Miscellaneous Store Retailers - 6.3%

  

26,650

  

1-800-Flowers.com, Inc. (a)

     812,825  

13,539

  

Chewy, Inc. (a)

     1,133,214  

6,102

  

Etsy, Inc. (a)

     1,119,778  

11,574

  

Ollie’s Bargain Outlet Holdings, Inc. (a)

     1,077,539  

100,285

  

Party City Holdings Inc. (a)

     856,434  

15,913

  

Rent-A-Center, Inc.

     910,542  

48,718

  

Sally Beauty Holdings, Inc. (a)

     921,745  

20,209

  

The ODP Corp. (a)

     956,492  

5,493

  

Tractor Supply Co.

     993,848  
     

 

 

 
        8,782,417  
     

 

 

 


Motor Vehicle and Parts Dealers - 11.4%

  

5,073

  

Advance Auto Parts, Inc.

     1,075,780  

5,713

  

Asbury Automotive Group, Inc. (a)

     1,173,793  

10,334

  

AutoNation, Inc. (a)

     1,253,824  

726

  

AutoZone, Inc. (a)

     1,178,712  

8,659

  

CarMax, Inc. (a)

     1,159,873  

54,402

  

CarParts.com, Inc. (a)

     958,019  

3,684

  

Carvana Co. (a)

     1,243,571  

6,372

  

Group 1 Automotive, Inc.

     1,107,071  

21,076

  

MarineMax, Inc. (a)

     1,133,678  

7,332

  

Murphy USA, Inc.

     1,081,543  

1,892

  

O’Reilly Automotive, Inc. (a)

     1,142,465  

7,915

  

OneWater Marine. Inc.

     371,847  

12,626

  

Penske Automotive Group, Inc.

     1,118,664  

21,672

  

Sonic Automotive, Inc.

     1,182,208  

22,873

  

Vroom, Inc. (a)(b)

     847,216  
     

 

 

 
        16,028,264  
     

 

 

 

Nonstore Retailers - 3.8%

  

303

  

Amazon.com, Inc. (a)

     1,008,260  

6,564

  

DoorDash, Inc. (a)

     1,144,040  

15,073

  

eBay, Inc.

     1,028,129  

11,941

  

Lands’ End, Inc. (a)

     457,698  

11,224

  

Overstock.com, Inc. (a)

     781,639  

15,788

  

Stitch Fix, Inc. (a)

     851,289  
     

 

 

 
        5,271,055  
     

 

 

 

Printing and Related Support Activities - 0.2%

  

38,707

  

Arko Corp. (a)

     321,268  
     

 

 

 

Professional, Scientific, and Technical Services - 2.8%

  

15,144

  

Franchise Group, Inc.

     514,290  

21,859

  

Groupon, Inc. (a)

     795,012  

91,078

  

Quotient Technology, Inc. (a)

     989,107  

5,086

  

Stamps.Com., Inc. (a)

     1,661,901  
     

 

 

 
        3,960,310  
     

 

 

 

Publishing Industries (except Internet) - 0.7%

  

52,294

  

Porch Group, Inc. (a)

     969,008  
     

 

 

 

Repair and Maintenance - 1.3%

  

18,435

  

Conn’s, Inc. (a)

     409,994  

24,420

  

Liquidity Services, Inc. (a)

     484,493  

15,865

  

Monro Muffler Brake, Inc.

     920,170  
     

 

 

 
        1,814,657  
     

 

 

 

Securities, Commodity Contracts, and Other Financial Investments and Related Activities - 1.4%

  

25,695

  

Camping World Holdings, Inc.

     1,011,355  

120,749

  

Shift Technologies, Inc. (a)(b)

     1,020,329  
     

 

 

 
        2,031,684  
     

 

 

 

Sporting Goods, Hobby, Musical Instrument, and Book Stores - 3.2%

  

34,641

  

Big 5 Sporting Goods Corp. (b)

     759,331  

10,103

  

Dick’s Sporting Goods, Inc.

     1,052,126  

4,336

  

GameStop Corp. Class A (a)(b)

     698,616  

12,133

  

Hibbett Sports, Inc.

     1,075,712  

55,201

  

Sportsman’s Warehouse Holdings, Inc. (a)

     975,402  
     

 

 

 
        4,561,187  
     

 

 

 

Truck Transportation - 0.8%

  

3,030

  

Lithia Motors, Inc. Class A

     1,142,977  
     

 

 

 
  

TOTAL COMMON STOCKS (Cost $93,365,107)

   $ 98,326,374  
     

 

 

 

SHORT TERM INVESTMENTS - 36.2%

  

Money Market Funds - 36.2%

  

17,769,319

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (c)(d)

   $ 17,769,319  

20,295,187

  

Goldman Sachs Financial Square Government Fund Institutional Shares, 0.03% (c)

     20,295,187  

12,814,049

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (c)

     12,814,049  
     

 

 

 
   TOTAL SHORT TERM INVESTMENTS (Cost $50,878,555)    $ 50,878,555  
     

 

 

 
   TOTAL INVESTMENTS (Cost $144,243,662) - 106.2% (e)    $ 149,204,929  
   Liabilities in Excess of Other Assets - (6.2)%      (8,745,192
     

 

 

 
   TOTAL NET ASSETS - 100.0%    $ 140,459,737  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a) 

Non-income producing security.

(b)

A portion of this security represents a security on loan. (c) Represents annualized seven-day yield at July 31, 2021.

(d) 

All or a portion of this security represents an investment of securities lending collateral.

(e) 

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $98,209,482.

ADR - American Depository Receipt

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be Received
at Termination

  

Terms of Payments to be
Paid/(Received) at Termination

  

Counterparty

   Termination
Date
   Contracts      Notional
Amount
     Unrealized
Appreciation
(Depreciation)
 

Total return of S&P Retail Select Industry® Index

  

0.7366 % representing

1 month LIBOR rate + spread

   Credit Suisse Capital LLC    12/7/2021      1,513      $ 14,556,188      $ 452,028  

Total return of S&P Retail Select Industry® Index

  

0.6366 % representing

1 month LIBOR rate + spread

   Barclays    12/9/2021      10,879        106,410,249        1,543,785  

Total return of S&P Retail Select Industry® Index

  

0.4866 % representing

1 month LIBOR rate + spread

   J.P. Morgan    12/9/2021      11,777        107,205,657        9,732,113  

Total return of S&P Retail Select Industry® Index

  

0.6366 % representing

1 month LIBOR rate + spread

   UBS Securities LLC    12/13/2021      1,281        13,054,893        (343,478

Total return of S&P Retail Select Industry® Index

  

(0.0134)% representing

1 month LIBOR rate + spread

   Citibank N.A.    12/13/2021      7,103        50,393,654        20,312,718  
              

 

 

    

 

 

 
               $ 291,620,641      $ 31,697,166  
              

 

 

    

 

 

 


Direxion Daily S&P 500® High Beta Bull 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

COMMON STOCKS - 63.8%

  

Accommodation - 2.8%

  

12,833

  

Caesars Entertainment Inc. (a)

   $ 1,121,091  

48,432

  

Host Hotels & Resorts, Inc. (a)

     771,522  

6,548

  

Marriott International, Inc. Class A (a)

     955,877  

27,904

  

MGM Resorts International

     1,047,237  
     

 

 

 
        3,895,727  
     

 

 

 

Administrative and Support Services - 1.2%

  

357

  

Booking Holdings, Inc. (a)

     777,639  

11,002

  

Live Nation Entertainment, Inc. (a)

     867,948  
     

 

 

 
        1,645,587  
     

 

 

 

Air Transportation - 3.1%

  

14,157

  

Alaska Air Group, Inc. (a)

     821,531  

43,535

  

American Airlines Group, Inc. (a)

     887,243  

21,103

  

Delta Air Lines, Inc. (a)

     842,009  

13,563

  

Southwest Airlines Co. (a)

     685,203  

22,279

  

United Continental Holdings, Inc. (a)

     1,040,875  
     

 

 

 
        4,276,861  
     

 

 

 

Amusement, Gambling, and Recreation Industries - 0.5%

  

7,165

  

Wynn Resorts Ltd. (a)

     704,535  
     

 

 

 

Apparel Manufacturing - 0.6%

  

8,519

  

PVH Corp. (a)

     891,258  
     

 

 

 

Broadcasting (except Internet) - 0.5%

  

16,988

  

Dish Network Corp. (a)

     711,627  
     

 

 

 

Chemical Manufacturing - 1.8%

  

5,256

  

Albemarle Corp.

     1,082,946  

7,287

  

LyondellBasell Industries N.V. Class A ADR (Netherlands)

     723,818  

22,453

  

Mosaic Co.

     701,207  
     

 

 

 
        2,507,971  
     

 

 

 

Clothing and Clothing Accessories Stores - 1.4%

  

26,876

  

Gap, Inc.

     783,973  

13,877

  

L Brands, Inc.

     1,111,131  
     

 

 

 
        1,895,104  
     

 

 

 

Computer and Electronic Product Manufacturing - 8.8%

  

7,555

  

Enphase Energy, Inc. (a)

     1,432,428  

6,480

  

Microchip Technology, Inc.

     927,418  

10,296

  

Micron Technology, Inc. (a)

     798,764  

2,836

  

Monolithic Power Systems, Inc.

     1,274,101  

5,680

  

NVIDIA Corp.

     1,107,543  

5,150

  

NXP Semiconductors NV ADR (Netherlands)

     1,062,908  

5,289

  

Qorvo, Inc. (a)

     1,002,742  

6,068

  

Qualcomm, Inc.

     908,986  

5,392

  

Skyworks Solutions, Inc.

     994,878  

7,895

  

Teradyne, Inc.

     1,002,665  

10,833

  

Trimble, Inc. (a)

     926,221  

11,606

  

Western Digital Corp. (a)

     753,578  
     

 

 

 
        12,192,232  
     

 

 

 

Credit Intermediation and Related Activities - 7.2%

  

10,308

  

Citigroup, Inc.

     697,027  

17,721

  

Citizens Financial Group, Inc.

     747,118  

10,970

  

Comerica, Inc.

     753,200  

7,907

  

Discover Financial Services

     982,998  

20,842

  

Fifth Third Bancorp

     756,356  

51,367

  

Huntington Bancshares, Inc.

     723,248  

36,567

  

KeyCorp

     718,907  

38,840

  

Regions Financial Corp.

     747,670  

8,786

  

State Street Corp.

     765,612  

1,373

  

SVB Financial Group (a)

     755,095  

19,754

  

Synchrony Financial

     928,833  

13,131

  

Truist Financial Corp.

     714,720  

13,388

  

Zions Bancorp

     698,184  
     

 

 

 
        9,988,968  
     

 

 

 

Insurance Carriers and Related Activities - 2.9%

  

16,079

  

American International Group, Inc.

     761,341  

15,608

  

Lincoln National Corp.

     961,765  

12,489

  

Principal Financial Group, Inc.

     775,941  

7,335

  

Prudential Financial, Inc.

     735,554  

29,751

  

Unum Group

     815,177  
     

 

 

 
        4,049,778  
     

 

 

 

Machinery Manufacturing - 2.6%

  

7,432

  

Applied Materials, Inc.

     1,039,960  

31,190

  

Baker Hughes, a GE Co.

     662,476  

1,611

  

Lam Research Corp.

     1,026,867  

59,405

  

NOV, Inc. (a)

     820,383  
     

 

 

 
        3,549,686  
     

 

 

 

Management of Companies and Enterprises - 0.6%

  

5,031

  

Capital One Financial Corp.

     813,513  
     

 

 

 

Merchant Wholesalers, Durable Goods - 1.8%

  

3,032

  

KLA-Tencor Corp.

     1,055,621  

13,837

  

Leggett & Platt, Inc.

     664,591  

3,763

  

Mohawk Industries, Inc. (a)

     733,409  
     

 

 

 
        2,453,621  
     

 

 

 

Mining (except Oil and Gas) - 0.6%

  

22,344

  

Freeport-McMoRan Copper & Gold, Inc.

     851,306  
     

 

 

 

Miscellaneous Manufacturing - 1.4%

  

1,614

  

Align Technology, Inc. (a)

     1,123,021  

12,825

  

Textron, Inc.

     885,054  
     

 

 

 
        2,008,075  
     

 

 

 

Oil and Gas Extraction - 4.2%

  

52,571

  

APA Corp.

     985,706  

41,235

  

Devon Energy Corp.

     1,065,512  

10,309

  

EOG Resources, Inc.

     751,114  

87,264

  

Marathon Oil Corp.

     1,011,390  

49,713

  

Occidental Petroleum Corp.

     1,297,509  

9,971

  

Phillips 66

     732,171  
     

 

 

 
        5,843,402  
     

 

 

 


Performing Arts, Spectator Sports, and Related Industries - 0.7%

  

13,953

  

Penn National Gaming, Inc. (a)

     954,106  
     

 

 

 

Petroleum and Coal Products Manufacturing - 1.8%

  

14,287

  

ConocoPhillips

     800,929  

15,850

  

Marathon Petroleum Corp.

     875,237  

11,346

  

Valero Energy Corp.

     759,842  
     

 

 

 
        2,436,008  
     

 

 

 

Primary Metal Manufacturing - 0.7%

  

30,865

  

Howmet Aerospace, Inc. (a)

     1,012,989  
     

 

 

 

Professional, Scientific, and Technical Services - 1.4%

  

4,590

  

CDW Corp.

     841,577  

29,232

  

DXC Technology Co. (a)

     1,168,695  
     

 

 

 
        2,010,272  
     

 

 

 

Publishing Industries (except Internet) - 1.5%

  

2,830

  

Paycom Software, Inc. (a)

     1,132,000  

6,790

  

PTC, Inc. (a)

     919,706  
     

 

 

 
        2,051,706  
     

 

 

 

Real Estate - 3.9%

  

9,644

  

CBRE Group, Inc. Class A (a)

     930,260  

40,830

  

Kimco Realty Corp.

     870,904  

7,897

  

Simon Property Group, Inc.

     999,129  

14,769

  

Ventas, Inc.

     882,891  

10,347

  

Welltower, Inc.

     898,740  

23,290

  

Weyerhaeuser Co.

     785,572  
     

 

 

 
        5,367,496  
     

 

 

 

Rental and Leasing Services - 0.6%

  

2,615

  

United Rentals, Inc. (a)

     861,773  
     

 

 

 

Securities, Commodity Contracts, and Other Financial Investments and Related Activities - 2.1%

  

3,029

  

Ameriprise Financial, Inc.

     780,149  

11,004

  

Dow, Inc.

     684,009  

22,662

  

Franklin Resources, Inc.

     669,662  

33,099

  

Invesco Ltd.

     806,954  
     

 

 

 
        2,940,774  
     

 

 

 

Support Activities for Mining - 3.2%

  

13,711

  

Diamondback Energy, Inc.

     1,057,530  

48,858

  

Halliburton Co.

     1,010,384  

10,919

  

Hess Corp.

     834,648  

4,947

  

Pioneer Natural Resources Co.

     719,145  

28,876

  

Schlumberger Ltd. (France) ADR

     832,495  
     

 

 

 
        4,454,202  
     

 

 

 

Support Activities for Transportation - 0.6%

  

5,597

  

Expedia, Inc. (a)

     900,389  
     

 

 

 

Transportation Equipment Manufacturing - 2.4%

  

5,912

  

Aptiv PLC ADR (Ireland)(a)

     986,417  

4,831

  

Boeing Co. (a)

     1,094,125  

1,765

  

Tesla Motors, Inc. (a)

     1,212,908  
     

 

 

 
        3,293,450  
     

 

 

 

Utilities - 0.6%

  

16,637

  

ONEOK, Inc.

     864,624  
     

 

 

 

Water Transportation - 2.3%

  

45,082

  

Carnival Corp. ADR (Panama)(a)

     976,025  

45,924

  

Norwegian Cruise Line Holdings Ltd. ADR (Bermuda)(a)

     1,103,554  

14,200

  

Royal Caribbean Cruises Ltd. ADR (Liberia)(a)

     1,091,554  
        3,171,133  
     

 

 

 
  

TOTAL COMMON STOCKS (Cost $84,836,878)

   $ 88,598,173  
     

 

 

 

SHORT TERM INVESTMENTS - 13.3%

  

Money Market Funds - 13.3%

  

5,769,726

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (b)

   $ 5,769,726  

11,082,062

  

Goldman Sachs Financial Square Government Fund Institutional Shares, 0.03% (b)

     11,082,062  

1,685,416

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (b)

     1,685,416  
     

 

 

 
   TOTAL SHORT TERM INVESTMENTS (Cost $18,537,204)    $ 18,537,204  
     

 

 

 
   TOTAL INVESTMENTS (Cost $103,374,082) - 77.1% (c)    $ 107,135,377  
   Other Assets in Excess of Liabilities - 22.9%      31,837,568  
     

 

 

 
   TOTAL NET ASSETS - 100.0%    $ 138,972,945  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Non-income producing security.

(b)

Represents annualized seven-day yield at July 31, 2021.

(c)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $104,069,365.

ADR - American Depository Receipt

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
   Contracts      Notional
Amount
     Unrealized
Appreciation
(Depreciation)
 

Total return of S&P 500® High Beta Index

  

0.5866% representing

1 month LIBOR rate + spread

   Barclays    12/9/2021      10,629      $ 173,376,706      $ 9,037,801  

Total return of S&P 500® High Beta Index

  

0.6393% representing

1 month LIBOR rate + spread

   Bank of America Merrill Lynch    12/9/2021      4,444        63,893,194        12,694,701  

Total return of S&P 500® High Beta Index

  

0.6566% representing

1 month LIBOR rate + spread

   UBS Securities LLC    12/13/2021      2,761        47,396,251        (105,786

Total return of S&P 500® High Beta Index

  

0.5666% representing

1 month LIBOR rate + spread

   J.P. Morgan    3/2/2022      1,342        23,470,871        (485,738
              

 

 

    

 

 

 
               $ 308,137,022      $ 21,140,978  
              

 

 

    

 

 

 


Direxion Daily S&P 500® High Beta Bear 3X Shares

Schedule of Investments

(Unaudited) July 31, 2021

 

Shares

        Fair Value  

SHORT TERM INVESTMENTS - 67.5%

  

Money Market Funds - 67.5%

  

2,543,360

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (a)

   $ 2,543,360  

7,790,000

  

Goldman Sachs Financial Square Government Fund Institutional Shares, 0.03% (a)

     7,790,000  

5,798,000

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (a)

     5,798,000  
     

 

 

 
   TOTAL SHORT TERM INVESTMENTS (Cost $16,131,360) (b)    $ 16,131,360  
     

 

 

 
   TOTAL INVESTMENTS (Cost $16,131,360) - 67.5%    $ 16,131,360  
   Other Assets in Excess of Liabilities - 32.5%      7,780,792  
     

 

 

 
   TOTAL NET ASSETS - 100.0%    $ 23,912,152  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Represents annualized seven-day yield at July 31, 2021.

(b)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $16,131,360.

Short Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received/(Paid) at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
   Contracts      Notional
Amount
     Unrealized
Appreciation
(Depreciation)
 

0.3393% representing 1 month LIBOR rate + spread

   Total return of S&P 500® High Beta Index    Bank of America Merrill Lynch    12/9/2021      383      $ 5,526,720      $ (1,084,087

0.3866% representing 1 month LIBOR rate + spread

   Total return of S&P 500® High Beta Index    UBS Securities LLC    12/9/2021      1,055        18,006,397        (63,451

0.1866% representing 1 month LIBOR rate + spread

   Total return of S&P 500® High Beta Index    Barclays    4/5/2022      1,785        28,872,050        (1,752,403

(0.1634)% representing 1 month LIBOR rate + spread

   Total return of S&P 500® High Beta Index    J.P. Morgan    7/29/2022      967        16,596,410        23,860  
              

 

 

    

 

 

 
               $ 69,001,577      $ (2,876,081
              

 

 

    

 

 

 


Direxion Daily S&P Biotech Bull 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

COMMON STOCKS - 71.8%

  

Ambulatory Health Care Services - 3.4%

  

63,619

  

ALX Oncology Holdings, Inc. (a)

   $ 3,725,529  

41,599

  

CareDx, Inc. (a)

     3,495,980  

121,591

  

Invitae Corp. (a)(b)

     3,403,332  

36,874

  

Keros Therapeutics, Inc. (a)

     1,356,963  

36,548

  

Natera, Inc. (a)

     4,185,477  

251,032

  

Organogenesis Holdings, Inc. (a)

     3,850,831  

72,440

  

Prelude Therapeutics, Inc. (a)(b)

     2,320,977  

140,688

  

TCR² Therapeutics, Inc. (a)

     1,750,159  

66,525

  

Y-mAbs Therapeutics, Inc. (a)

     2,201,977  
     

 

 

 
        26,291,225  
     

 

 

 

Apparel Manufacturing - 0.2%

  

127,058

  

Sana Biotechnology, Inc. (a)(b)

     2,069,775  
     

 

 

 

Chemical Manufacturing - 46.1%

  

32,900

   AbbVie, Inc.      3,826,270  

138,447

  

Acadia Pharmaceuticals Inc. (a)

     2,994,609  

28,427

  

Acceleron Pharma, Inc. (a)

     3,555,081  

651,623

  

Adverum Biotechnologies, Inc. (a)

     1,479,184  

65,736

  

Agios Pharmaceuticals, Inc. (a)

     3,161,244  

865,783

  

Akebia Therapeutics, Inc. (a)

     2,138,484  

44,020

  

Albireo Pharma, Inc. (a)

     1,259,412  

194,171

  

Aldeyra Therapeutics, Inc. (a)(b)

     1,728,122  

151,668

  

Alkermes PLC ADR (Ireland) (a)

     3,923,651  

99,743

  

AlloVir, Inc. (a)

     1,909,081  

23,003

  

Alnylam Pharmaceuticals, Inc. (a)

     4,116,157  

264,172

  

Altimmune, Inc. (a)(b)

     2,396,040  

15,657

   Amgen, Inc.      3,781,792  

357,441

  

Amicus Therapeutics, Inc. (a)

     3,320,627  

110,396

  

Arcturus Therapeutics Holdings Inc. (a)(b)

     3,456,499  

152,504

  

Arcus Biosciences Inc. (a)

     4,790,151  

54,961

  

Arcutis Biotherapeutics, Inc. (a)

     1,282,240  

58,237

  

Arena Pharmaceuticals, Inc. (a)

     3,602,541  

118,753

  

Avid Bioservices, Inc. (a)

     3,046,014  

42,765

  

Beam Therapeutics Inc. (a)(b)

     3,934,380  

227,177

  

BioCryst Pharmaceuticals, Inc. (a)

     3,662,093  

9,581

  

Biogen, Inc. (a)

     3,130,400  

46,241

  

BioMarin Pharmaceutical, Inc. (a)

     3,548,072  

111,325

  

bluebird bio, Inc. (a)

     2,828,768  

43,675

  

Blueprint Medicines Corp. (a)

     3,837,722  

59,373

  

BridgeBio Pharma, Inc. (a)

     3,173,487  

279,669

  

Catalyst Pharmaceuticals, Inc. (a)

     1,633,267  

114,243

  

Celldex Therapeutics, Inc. (a)

     4,998,131  

311,652

  

ChemoCentryx, Inc. (a)

     4,606,217  

154,891

  

Chimerix, Inc. (a)

     1,026,927  

37,044

  

Chinook Thereapeutics, Inc. (a)

     482,683  

656,720

  

Clovis Oncology, Inc. (a)(b)

     3,171,958  

261,760

  

Coherus BioSciences, Inc. (a)

     3,415,968  

52,399

  

Cortexyme, Inc. (a)(b)

     2,961,067  

76,492

  

Cue Biopharma Inc. (a)

     797,047  

473,907

  

Curis, Inc. (a)(b)

     3,596,954  

284,171

  

CytomX Therapeutics, Inc. (a)

     1,537,365  

107,186

  

Deciphera Pharmaceuticals, Inc. (a)

     3,268,101  

50,610

  

Denali Therapeutics, Inc. (a)

     2,582,628  

101,585

  

Dicerna Pharmaceuticals, Inc. (a)

     3,810,453  

29,913

  

Eagle Pharmaceuticals, Inc. (a)

     1,390,954  

59,765

  

Emergent Biosolutions, Inc. (a)

     3,938,513  

35,664

  

Enanta Pharmaceuticals, Inc. (a)

     1,506,804  

143,961

  

Esperion Therapeutics, Inc. (a)(b)

     2,215,560  

145,663

  

FibroGen, Inc. (a)

     1,893,619  

254,040

  

Flexion Therapeutics, Inc. (a)

     1,506,457  

138,390

  

Forma Therapeutics Holdings, Inc. (a)

     3,167,747  

175,590

  

G1 Therapeutics, Inc. (a)(b)

     3,039,463  

127,230

  

Generation Bio Co. (a)

     2,765,980  

647,705

  

Geron Corp. (a)

     790,200  

55,182

  

Gilead Sciences, Inc.

     3,768,379  

164,241

  

Gossamer Bio, Inc. (a)

     1,290,934  

88,729

  

Halozyme Therapeutics, Inc. (a)

     3,667,170  

86,654

  

Harpoon Therapeutics, Inc. (a)

     848,343  

246,511

  

Heron Therapeutics, Inc. (a)

     3,046,876  

40,694

  

Horizon Therapeutics PLC ADR (Ireland) (a)

     4,070,214  

179,816

  

Humanigen, Inc. (a)(b)

     2,898,634  

249,907

  

ImmunityBio, Inc. (a)

     2,738,981  

585,783

  

Immunogen, Inc. (a)

     3,286,243  

45,985

  

Incyte Corp. (a)

     3,556,940  

126,292

  

Insmed, Inc. (a)

     3,106,783  

44,504

  

Intellia Therapeutics, Inc. (a)

     6,312,892  

176,055

  

Intercept Pharmaceuticals, Inc. (a)

     3,042,230  

100,086

  

Ionis Pharmaceuticals, Inc. (a)

     3,717,194  

323,613

  

Ironwood Pharmaceuticals, Inc. Class A (a)

     4,294,345  

612,578

  

Kadmon Holdings, Inc. (a)

     2,303,293  

86,911

  

KalVista Pharmaceuticals, Inc. (a)

     1,750,388  

27,916

  

Karuna Therapeutics, Inc. (a)

     3,188,566  

367,805

  

Karyopharm Therapeutics, Inc. (a)

     3,063,816  

149,997

  

Kiniksa Pharmaceuticals, Ltd. ADR (a)

     2,299,454  

32,547

  

Krystal Biotech, Inc. (a)

     1,902,047  

30,698

  

Ligand Pharmaceuticals, Inc. (a)

     3,484,530  

177,933

  

MacroGenics, Inc. (a)

     4,441,208  

35,150

  

Madrigal Pharmaceuticals, Inc. (a)

     3,069,298  

937,285

  

MannKind Corp. (a)(b)

     3,842,868  

170,950

  

Mersana Therapeutics Inc. (a)

     1,880,450  

42,423

  

Morphic Holding, Inc. (a)

     2,444,413  

167,960

  

Myovant Sciences, Ltd. ADR (United Kingdom) (a)

     3,446,539  

127,685

  

Myriad Genetics, Inc. (a)

     4,038,677  

38,506

  

Neurocrine Biosciences, Inc. (a)

     3,589,144  

18,081

  

Novavax, Inc. (a)

     3,242,466  

1,020,404

  

OPKO Health, Inc. (a)(b)

     3,510,190  


69,329

  

ORIC Pharmaceuticals Inc. (a)

     1,154,328  

102,889

  

Passage Bio, Inc. (a)

     1,214,090  

50,548

  

PMV Pharmaceuticals, Inc. (a)

     1,719,137  

49,733

  

Prothena Corp. PLC ADR (Ireland) (a)

     2,491,623  

88,396

  

PTC Therapeutics, Inc. (a)

     3,388,219  

74,402

  

Puma Biotechnology, Inc. (a)

     559,503  

7,233

  

Regeneron Pharmaceuticals, Inc. (a)

     4,156,154  

93,269

  

REGENXBIO, Inc. (a)

     3,014,454  

99,561

  

Replimune Group Inc. (a)

     3,258,632  

120,814

  

Rhythm Pharmaceuticals, Inc. (a)

     2,088,874  

599,657

  

Rigel Pharmaceuticals, Inc. (a)

     2,398,628  

82,207

  

Rocket Pharmaceuticals, Inc. (a)

     2,944,655  

137,519

  

Rubius Therapeutics, Inc., (a)(b)

     2,955,283  

47,995

  

Sage Therapeutics, Inc. (a)

     2,098,821  

304,236

  

Sangamo Therapeutics, Inc. (a)

     2,914,581  

44,140

  

Sarepta Therapeutics, Inc. (a)

     2,991,809  

102,590

  

Scholar Rock Holding Corp. (a)

     3,205,937  

24,218

  

Seagen Inc. (a)

     3,714,799  

184,813

  

Seres Therapeutics, Inc. (a)

     1,312,172  

893,140

  

Sesen Bio, Inc. (a)(b)

     3,331,412  

527,187

  

Spectrum Pharmaceuticals, Inc. (a)

     1,697,542  

34,764

  

Spero Therapeutics, Inc. (a)

     463,752  

46,196

  

SpringWorks Therapeutics, Inc. (a)

     3,958,997  

47,729

  

Stoke Therapeutics, Inc. (a)

     1,366,481  

128,297

  

Sutro Biopharma, Inc. (a)

     2,184,898  

201,057

  

Syndax Pharmaceuticals Inc. (a)

     2,931,411  

100,496

  

TG Therapeutics, Inc. (a)

     3,516,355  

177,475

  

Translate Bio, Inc. (a)

     4,905,409  

195,953

  

Travere Therapeutics, Inc. (a)

     2,694,354  

50,635

  

Turning Point Therapeutics, Inc. (a)

     3,231,526  

33,124

  

Twist Bioscience Corp. (a)

     4,075,908  

37,333

  

Ultragenyx Pharmaceutical, Inc. (a)

     2,980,293  

105,278

  

uniQure N.V. ADR (Netherlands) (a)

     3,054,115  

21,176

  

United Therapeutics Corp. (a)

     3,852,550  

101,774

  

Vanda Pharmaceuticals, Inc. (a)

     1,659,934  

105,023

  

Veracyte, Inc. (a)

     4,679,825  

347,520

   Verastem, Inc.(a)      1,122,490  

65,940

  

Vericel Corp. (a)

     3,490,864  

19,672

  

Vertex Pharmaceuticals, Inc. (a)

     3,965,482  

70,009

  

Xencor, Inc. (a)

     2,154,877  

547,573

  

Ziopharm Oncology, Inc (a)(b)

     1,242,991  
     

 

 

 
        351,272,854  
     

 

 

 

Health and Personal Care Stores - 0.1%

  

52,754

  

Neoleukin Therapeutics, Inc. (a)

     368,750  
     

 

 

 

Hospitals - 0.2%

  

37,039

  

BIOATLA, Inc. (a)

     1,518,229  
     

 

 

 

Merchant Wholesalers, Nondurable Goods - 3.6%

  

68,465

  

Akero Therapeutics, Inc. (a)

     1,467,890  

40,415

  

Allakos, Inc. (a)

     3,215,417  

230,058

  

Atara Biotherapeutics, Inc. (a)

     2,933,240  

100,272

  

Bioxcel Therapeutics Inc. (a)

     2,565,961  

71,078

  

C4 Therapeutics, Inc. (a)

     3,066,305  

93,394

  

Global Blood Therapeutics, Inc. (a)

     2,552,458  

57,056

  

Protagonist Therapeutics Inc. (a)

     2,820,278  

110,944

  

Relay Therapeutics, Inc. (a)

     3,599,023  

269,836

  

Viking Therapeutics, Inc. (a)

     1,659,491  

67,609

  

Zentalis Pharmaceuticals, Inc. (a)

     3,597,475  
     

 

 

 
        27,477,538  
     

 

 

 

Miscellaneous Manufacturing - 1.8%

  

28,886

  

Anika Therapeutics, Inc. (a)

     1,159,195  

417,140

  

Inovio Pharmaceuticals, Inc. (a)(b)

     3,503,976  

136,132

  

MiMedx Group, Inc. (a)(b)

     1,668,978  

22,051

  

Mirati Therapeutics, Inc. (a)

     3,529,483  

598,715

  

Ocugen, Inc. (a)(b)

     4,017,378  
     

 

 

 
        13,879,010  
     

 

 

 

Nursing and Residential Care Facilities - 0.2%

  

116,746

  

Radius Health, Inc. (a)

     1,766,367  
     

 

 

 

Professional, Scientific, and Technical Services - 14.0%

  

610,702

  

Agenus, Inc. (a)

     3,163,436  

138,311

  

Alector, Inc. (a)

     3,324,305  

145,455

  

Allogene Therapeutics, Inc. (a)

     3,192,737  

69,808

  

AnaptysBio, Inc. (a)

     1,604,188  

244,896

  

Anavex Life Sciences Corp. (a)(b)

     4,395,883  

40,320

  

Annexon, Inc. (a)

     849,139  

61,121

  

Apellis Pharmaceuticals, Inc. (a)

     3,911,133  

68,984

  

Applied Molecular Transport Inc. (a)

     1,933,622  

406,518

  

Ardelyx, Inc. (a)

     707,341  

42,776

  

Arrowhead Pharmaceuticals, Inc. (a)

     2,963,949  

592,885

  

Athenex, Inc. (a)

     2,235,177  

70,165

  

Avidity Biosciences, Inc. (a)

     1,354,886  

39,636

  

Avita Medical, Inc. (a)(b)

     734,455  

158,539

  

AVROBIO, Inc. (a)

     1,166,847  

36,142

  

Biohaven Pharmaceutical Holding Co. Ltd. (a)

     4,554,253  

170,906

  

CEL-SCI Corp. (a)(b)

     1,372,375  

180,420

  

Cytokinetics, Inc. (a)

     5,354,866  

413,512

  

Dynavax Technologies Corp. (a)

     3,862,202  

101,433

  

Editas Medicine, Inc. (a)

     4,245,985  

320,275

  

Epizyme, Inc. (a)

     2,123,423  

31,123

  

Exact Sciences Corp. (a)

     3,356,304  

165,202

  

Exelixis, Inc. (a)

     2,783,654  

42,306

  

Fate Therapeutics, Inc. (a)

     3,502,937  

37,383

  

IGM Biosciences Inc. (a)

     2,542,418  

138,799

  

Iveric Bio, Inc. (a)

     1,197,835  

45,385

  

Kodiak Sciences, Inc. (a)

     3,805,078  

169,320

  

Kura Oncology, Inc. (a)

     3,206,921  

75,110

  

Kymera Therapeutics, Inc. (a)

     4,520,120  

17,335

  

Moderna, Inc. (a)

     6,129,656  

78,863

  

Nkarta, Inc. (a)

     2,504,689  

114,494

  

Nurix Therapeutics, Inc. (a)

     3,519,546  

337,316

  

Precigen, Inc. (a)(b)

     1,851,865  

148,598

  

Precision BioSciences, Inc. (a)

     1,465,176  

110,779

  

Revolution Medicines, Inc. (a)

     3,172,711  


41,486

  

Shattuck Labs, Inc. (a)

     914,351  

427,936

  

Sorrento Therapeutics Inc. (a)(b)

     3,513,355  

76,994

  

Vaxcyte, Inc. (a)

     1,669,230  

83,372

  

Vir Biotechnology, Inc. (a)

     2,972,212  
     

 

 

 
        105,678,260  
     

 

 

 

Real Estate - 0.3%

  

751,277

  

VBI Vaccines Inc. ADR (Canada) (a)(b)

     2,238,805  
     

 

 

 

Securities, Commodity Contracts, and Other Financial Investments and Related Activities - 1.0%

  

60,890

  

Cerevel Therapeutics Holdings, Inc. (a)

     1,500,330  

93,615

  

DermTech, Inc. (a)(b)

     3,151,081  

301,511

  

Immunovant Inc. (a)

     3,153,805  
     

 

 

 
        7,805,216  
     

 

 

 

Specialty Trade Contractors - 0.4%

  

434,306

  

Vaxart, Inc. (a)(b)

     3,122,660  
     

 

 

 

Support Activities for Transportation - 0.5%

  

161,870

  

Iovance Biotherapeutics, Inc. (a)

     3,604,845  
     

 

 

 
  

TOTAL COMMON STOCKS (Cost $620,226,818)

   $ 547,093,534  
     

 

 

 

SHORT TERM INVESTMENTS - 48.1%

  

Money Market Funds - 48.1%

  

264,201,205

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (c)(d)

   $ 264,201,205  

102,440,496

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (c)

     102,440,496  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $366,641,701)

   $ 366,641,701  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $986,868,519) - 119.9% (e)

   $ 913,735,235  
  

Liabilities in Excess of Other Assets - (19.9)%

     (151,940,844
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 761,794,391  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a) 

Non-income producing security.

(b) 

A portion of this security represents a security on loan.

(c) 

Represents annualized seven-day yield at July 31, 2021.

(d) 

All or a portion of this security represents an investment of securities lending collateral.

(e) 

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $770,277,083.

ADR - American Depository Receipt

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be
Received at Termination

  

Terms of Payments to be
Paid at Termination

  

Counterparty

   Termination
Date
     Contracts      Notional Amount      Unrealized
Depreciation
 

Total return of S&P Biotechnology Select Industry Index

   0.5393 % representing 1 month LIBOR rate + spread    Bank of America Merrill Lynch      12/9/2021        21,378      $ 222,765,858      $ (17,824,577

Total return of S&P Biotechnology Select Industry Index

   0.7966 % representing 1 month LIBOR rate + spread    UBS Securities LLC      12/9/2021        38,586        380,336,207        (10,408,169

Total return of S&P Biotechnology Select Industry Index

   0.3366 % representing 1 month LIBOR rate + spread    J.P. Morgan      12/16/2021        63,703        646,752,196        (35,805,271

Total return of S&P Biotechnology Select Industry Index

   0.6366 % representing 1 month LIBOR rate + spread    BNP Paribas      4/20/2022        24,550        258,876,906        (23,873,943

Total return of S&P Biotechnology Select Industry Index

   0.6366 % representing 1 month LIBOR rate + spread    BNP Paribas      6/15/2022        9,500        93,826,735        (2,810,918

Total return of S&P Biotechnology Select Industry Index

   0.6366 % representing 1 month LIBOR rate + spread    BNP Paribas      7/20/2022        23,500        249,635,616        (24,408,709
              

 

 

    

 

 

 
               $ 1,852,193,518      $ (115,131,587
              

 

 

    

 

 

 


Direxion Daily S&P Biotech Bear 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

SHORT TERM INVESTMENTS - 61.6%

  

Money Market Funds - 61.6%

  

4,478,750

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (a)

   $ 4,478,750  

27,490,376

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (a)

     27,490,376  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $31,969,126) (b)

   $ 31,969,126  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $31,969,126) - 61.6%

   $ 31,969,126  
  

Other Assets in Excess of Liabilities - 38.4%

     19,936,536  
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 51,905,662  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a) 

Represents annualized seven-day yield at July 31, 2021.

(b) 

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $31,969,126.

Short Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be
Received/(Paid) at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination
Date
     Contracts      Notional
Amount
     Unrealized
Appreciation
 

0.3393 % representing 1 month LIBOR rate + spread

   Total return of S&P Biotechnology Select Industry Index    Bank of America Merrill Lynch      12/9/2021        3,637      $ 39,994,377      $ 5,113,995  

0.2666 % representing 1 month LIBOR rate + spread

   Total return of S&P Biotechnology Select Industry Index    UBS Securities LLC      12/13/2021        2,989        28,913,712        245,351  

(0.2634)% representing 1 month LIBOR rate + spread

   Total return of S&P Biotechnology Select Industry Index    Citibank N.A.      12/13/2021        5,011        50,030,709        1,936,316  

(0.0634)% representing 1 month LIBOR rate + spread

   Total return of S&P Biotechnology Select Industry Index    J.P. Morgan      12/16/2021        4,597        44,695,060        598,249  
              

 

 

    

 

 

 
               $  163,633,858      $ 7,893,911  
              

 

 

    

 

 

 


Direxion Daily Semiconductor Bull 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

COMMON STOCKS - 60.0%

  

Chemical Manufacturing - 0.2%

  

60,341

   CMC Materials, Inc.    $ 8,727,722  
     

 

 

 

Computer and Electronic Product Manufacturing - 47.7%

  

1,147,496

  

Advanced Micro Devices, Inc. (a)

     121,852,600  

558,365

  

Analog Devices, Inc.

     93,481,468  

389,074

   Broadcom, Inc.      188,856,520  

238,291

  

Cree, Inc. (a)

     22,103,873  

3,217,467

   Intel Corp.      172,842,327  

281,809

  

Lattice Semiconductor Corp. (a)

     15,992,661  

1,690,864

  

Marvell Technology, Inc.

     102,314,181  

564,473

  

Microchip Technology, Inc.

     80,787,376  

1,092,116

  

Micron Technology, Inc. (a)

     84,726,359  

114,297

  

MKS Instruments, Inc.

     17,880,623  

94,422

  

Monolithic Power Systems, Inc.

     42,420,028  

1,131,369

   NVIDIA Corp.      220,605,641  

434,656

  

NXP Semiconductors NV ADR (Netherlands)

     89,708,652  

881,257

  

ON Semiconductor Corp. (a)

     34,421,899  

232,404

  

Qorvo, Inc. (a)

     44,061,474  

1,366,018

   Qualcomm, Inc.      204,629,496  

340,691

  

Skyworks Solutions, Inc.

     62,860,896  

782,999

  

Taiwan Semiconductor Manufacturing Co. Ltd. ADR (Taiwan)

     91,329,003  

343,088

   Teradyne, Inc.      43,572,176  

968,132

  

Texas Instruments, Inc.

     184,545,322  
     

 

 

 
        1,918,992,575  
     

 

 

 

Electrical Equipment, Appliance, and Component Manufacturing - 0.6%

  

110,576

  

IPG Photonics Corp. (a)

     24,123,260  
     

 

 

 

Machinery Manufacturing - 7.9%

  

665,327

  

Applied Materials, Inc.

     93,099,207  

136,068

  

ASML Holding NV ADR (Netherlands)

     104,328,778  

153,359

  

Brooks Automation, Inc.

     13,650,485  

216,501

  

II-VI, Inc. (a)(b)

     15,113,935  

141,365

  

Lam Research Corp.

     90,107,465  
     

 

 

 
        316,299,870  
     

 

 

 

Merchant Wholesalers, Durable Goods - 3.3%

  

279,672

   Entegris, Inc.      33,739,630  

289,932

   KLA-Tencor Corp.      100,942,725  
     

 

 

 
        134,682,355  
     

 

 

 

Primary Metal Manufacturing - 0.3%

  

92,311

  

Silicon Laboratories, Inc. (a)

     13,753,416  
     

 

 

 
  

TOTAL COMMON STOCKS (Cost $2,226,351,555)

   $ 2,416,579,198  
     

 

 

 

SHORT TERM INVESTMENTS - 38.3%

  

Money Market Funds - 38.3%

  

1,346,155,446

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (c)

   $ 1,346,155,446  

58,344,307

  

Goldman Sachs Financial Square Government Fund Institutional Shares, 0.03% (c)

     58,344,307  

137,785,415

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (c)

     137,785,415  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $1,542,285,168)

   $ 1,542,285,168  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $3,768,636,723) - 98.3% (d)

   $ 3,958,864,366  
  

Other Assets in Excess of Liabilities - 1.7%

     66,688,672  
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 4,025,553,038  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a) 

Non-income producing security.

(b) 

A portion of this security represents a security on loan.

(c) 

Represents annualized seven-day yield at July 31, 2021.

(d) 

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $3,958,864,366.

ADR - American Depository Receipt

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be
Paid at Termination

  

Counterparty

   Termination
Date
     Contracts      Notional Amount      Unrealized
Appreciation
 

Total return of PHLX Semiconductor Sector Index

   0.4866% representing 1 month LIBOR rate + spread    Barclays      12/9/2021        391,413      $ 1,193,081,641      $ 122,255,678  

Total return of PHLX Semiconductor Sector Index

   0.5893% representing 1 month LIBOR rate + spread    Bank of America Merrill Lynch      12/9/2021        233,396        681,095,806        105,058,306  

Total return of PHLX Semiconductor Sector Index

   0.8266% representing 1 month LIBOR rate + spread    UBS Securities LLC      12/9/2021        615,799        1,896,470,396        174,371,019  

Total return of PHLX Semiconductor Sector Index

   0.3866% representing 1 month LIBOR rate + spread    J.P. Morgan      12/9/2021        280,888        852,707,481        91,535,673  

Total return of PHLX Semiconductor Sector Index

   0.3766% representing 1 month LIBOR rate + spread    Citibank N.A.      12/13/2021        616,162        1,823,566,897        247,757,744  

Total return of PHLX Semiconductor Sector Index

   0.9366% representing 1 month LIBOR rate + spread    BNP Paribas      6/15/2022        740,298        2,187,639,911        298,615,071  
              

 

 

    

 

 

 
               $ 8,634,562,132      $ 1,039,593,491  
              

 

 

    

 

 

 


Direxion Daily Semiconductor Bear 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

SHORT TERM INVESTMENTS - 75.7%

  

Money Market Funds - 75.7%

  
19,333,521    Dreyfus Government Cash Management Institutional Shares, 0.03% (a)    $ 19,333,521  
6,210,000    Goldman Sachs Financial Square Government Fund Institutional Shares, 0.03% (a)      6,210,000  
72,595,278    Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (a)      72,595,278  
     

 

 

 
   TOTAL SHORT TERM INVESTMENTS (Cost $98,138,799) (b)    $ 98,138,799  
     

 

 

 
   TOTAL INVESTMENTS (Cost $98,138,799) - 75.7%    $ 98,138,799  
   Other Assets in Excess of Liabilities - 24.3%      31,559,943  
     

 

 

 
   TOTAL NET ASSETS - 100.0%    $ 129,698,742  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a) 

Represents annualized seven-day yield at July 31, 2021.

(b) 

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $98,138,799.

Short Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received/(Paid) at Termination

  

Terms of Payments to be
Paid at Termination

  

Counterparty

   Termination
Date
     Contracts      Notional
Amount
     Unrealized
Depreciation
 

0.0866% representing 1 month LIBOR rate + spread

   Total return of PHLX Semiconductor Sector Index    BNP Paribas      8/18/2021        2,566        5,229,766        (3,503,490

0.0866% representing 1 month LIBOR rate + spread

   Total return of PHLX Semiconductor Sector Index    Barclays      12/9/2021        8,378        27,166,783        (964,704

0.3893% representing 1 month LIBOR rate + spread

   Total return of PHLX Semiconductor Sector Index    Bank of America Merrill Lynch      12/9/2021        7,138        19,520,781        (4,575,492

0.3666% representing 1 month LIBOR rate + spread

   Total return of PHLX Semiconductor Sector Index    UBS Securities LLC      12/9/2021        21,357        70,280,299        (1,403,924

(0.0634)% representing 1 month LIBOR rate + spread

   Total return of PHLX Semiconductor Sector Index    J.P. Morgan      12/9/2021        8,087        25,602,231        (1,553,696

0.0866% representing 1 month LIBOR rate + spread

   Total return of PHLX Semiconductor Sector Index    Citibank N.A.      12/13/2021        65,624        203,013,136        (17,581,281

0.0866% representing 1 month LIBOR rate + spread

   Total return of PHLX Semiconductor Sector Index    BNP Paribas      2/16/2022        2,773        8,554,802        (773,747
              

 

 

    

 

 

 
               $ 359,367,798      $ (30,356,334
              

 

 

    

 

 

 


Direxion Daily Technology Bull 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

COMMON STOCKS - 61.2%

  

Administrative and Support Services - 4.6%

  

100,431

  

Accenture PLC Class A ADR (Ireland)

   $ 31,904,920  

67,232

  

Automatic Data Processing, Inc.

     14,093,844  

18,348

  

Broadridge Financial Solutions, Inc.

     3,183,195  

13,173

  

FleetCor Technologies, Inc. (a)

     3,401,532  

13,598

  

Gartner, Inc. (a)

     3,599,799  

267,301

  

Visa, Inc. Class A (b)

     65,860,293  
     

 

 

 
        122,043,583  
     

 

 

 

Amusement, Gambling, and Recreation Industries - 0.4%

  

46,636

  

Global Payments, Inc.

     9,019,869  
     

 

 

 

Computer and Electronic Product Manufacturing - 28.1%

  

191,963

  

Advanced Micro Devices, Inc. (a)

     20,384,551  

94,425

  

Amphenol Corp. Class A

     6,844,868  

58,273

  

Analog Devices, Inc.

     9,756,066  

2,478,438

   Apple, Inc.      361,504,967  

8,688

  

Arista Networks, Inc. (a)

     3,304,828  

64,506

   Broadcom, Inc.      31,311,212  

665,829

  

Cisco Systems, Inc.

     36,866,952  

21,437

  

Enphase Energy, Inc. (a)

     4,064,455  

21,417

  

Fortinet, Inc. (a)

     5,830,564  

189,819

   HP, Inc.      5,480,074  

638,001

   Intel Corp.      34,273,414  

141,183

  

International Business Machines Corp.

     19,901,156  

29,096

  

Keysight Technologies, Inc. (a)

     4,787,747  

42,395

  

Maxim Integrated Products, Inc.

     4,235,684  

43,222

  

Microchip Technology, Inc.

     6,185,933  

177,177

  

Micron Technology, Inc. (a)

     13,745,392  

6,796

  

Monolithic Power Systems, Inc.

     3,053,171  

26,807

  

Motorola Solutions, Inc.

     6,002,623  

35,168

   NetApp, Inc.      2,799,021  

393,717

   NVIDIA Corp.      76,770,878  

43,571

  

NXP Semiconductors NV ADR (Netherlands)

     8,992,619  

17,791

  

Qorvo, Inc. (a)

     3,372,996  

178,227

   Qualcomm, Inc.      26,698,405  

31,463

  

Seagate Technology Holdings PLC ADR (Ireland)

     2,765,598  

26,091

  

Skyworks Solutions, Inc.

     4,814,050  

26,274

   Teradyne, Inc.      3,336,798  

145,915

  

Texas Instruments, Inc.

     27,814,317  

39,654

  

Trimble, Inc. (a)

     3,390,417  

48,410

  

Western Digital Corp. (a)

     3,143,261  

38,836

   Xilinx, Inc.      5,819,186  

8,453

  

Zebra Technologies Corp. Class A (a)

     4,670,113  
     

 

 

 
        751,921,316  
     

 

 

 

Credit Intermediation and Related Activities - 2.6%

  

97,986

  

Fidelity National Information Services, Inc.

     14,604,813  

138,213

  

MasterCard, Inc. Class A

     53,341,925  

64,664

  

Western Union Co.

     1,500,852  
     

 

 

 
        69,447,590  
     

 

 

 

Data Processing, Hosting and Related Services - 0.4%

  

94,096

  

Fiserv, Inc. (a)

     10,831,390  
     

 

 

 

Electrical Equipment, Appliance, and Component Manufacturing - 0.3%

  

5,675

  

IPG Photonics Corp. (a)

     1,238,058  

52,178

  

TE Connectivity Ltd. ADR (Switzerland)

     7,694,690  
     

 

 

 
        8,932,748  
     

 

 

 

Machinery Manufacturing - 1.3%

  

144,988

  

Applied Materials, Inc.

     20,288,171  

22,530

  

Lam Research Corp.

     14,360,847  
     

 

 

 
        34,649,018  
     

 

 

 

Merchant Wholesalers, Durable Goods - 0.3%

  

24,219

   KLA-Tencor Corp.      8,432,087  
     

 

 

 

Nonmetallic Mineral Product Manufacturing - 0.2%

  

122,397

   Corning, Inc.      5,123,538  
     

 

 

 

Professional, Scientific, and Technical Services - 1.7%

  

22,152

   CDW Corp.      4,061,569  

83,338

  

Cognizant Technology Solutions Corp. Class A

     6,127,843  

40,260

  

DXC Technology Co. (a)

     1,609,595  

9,417

  

F5 Networks, Inc. (a)

     1,944,705  

11,731

  

Jack Henry & Associates, Inc.

     2,042,250  

51,782

  

Juniper Networks, Inc.

     1,457,146  

50,672

   Paychex, Inc.      5,767,487  

31,198

  

ServiceNow, Inc. (a)

     18,340,992  

15,663

  

VeriSign, Inc. (a)

     3,389,003  
     

 

 

 
        44,740,590  
     

 

 

 

Publishing Industries (except Internet) - 19.4%

  

75,520

  

Adobe Systems, Inc. (a)

     46,945,498  

25,747

  

Akamai Technologies, Inc. (a)

     3,087,580  

13,773

  

ANSYS, Inc. (a)

     5,074,800  

34,756

  

Autodesk, Inc. (a)

     11,161,194  

43,962

  

Cadence Design Systems, Inc. (a)

     6,490,989  

19,616

  

Citrix Systems, Inc.

     1,976,312  

206,331

  

Hewlett Packard Enterprise Co.

     2,991,799  

43,181

   Intuit, Inc.      22,884,634  

1,189,971

   Microsoft Corp.      339,034,638  

91,633

   NortonLifeLock, Inc.      2,274,331  

287,043

   Oracle Corp.      25,012,927  

7,754

  

Paycom Software, Inc. (a)

     3,101,600  

16,618

  

PTC, Inc. (a)

     2,250,908  

152,518

  

Salesforce.com, Inc. (a)

     36,898,680  

24,102

  

Synopsys, Inc. (a)

     6,941,135  

6,439

  

Tyler Technologies, Inc. (a)

     3,172,109  
     

 

 

 
        519,299,134  
     

 

 

 

Telecommunications - 1.9%

  

185,605

  

PayPal Holdings, Inc. (a)

     51,139,747  
     

 

 

 
  

TOTAL COMMON STOCKS (Cost $1,360,629,939)

   $ 1,635,580,610  
     

 

 

 


SHORT TERM INVESTMENTS - 23.4%

  

Money Market Funds - 23.4%

  

324,149,279

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (c)

   $ 324,149,279  

186,485,959

  

Goldman Sachs Financial Square Government Fund Institutional Shares, 0.03% (c)

     186,485,959  

115,514,936

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (c)

     115,514,936  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $626,150,174)

   $ 626,150,174  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $1,986,780,113) - 84.6% (d)

   $ 2,261,730,784  
  

Other Assets in Excess of Liabilities - 15.4%

     412,757,868  
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 2,674,488,652  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a) 

Non-income producing security.

(b)

A portion of this security represents a security on loan.

(c) 

Represents annualized seven-day yield at July 31, 2021.

(d) 

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $1,628,875,528.

ADR - American Depository Receipt

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be
Paid at Termination

  

Counterparty

   Termination
Date
     Contracts      Notional Amount      Unrealized
Appreciation
 

Total return of Technology Select Sector Index

   0.5366 % representing 1 month LIBOR rate + spread    Barclays      12/9/2021        1,024,618      $ 1,495,445,081      $ 87,519,725  

Total return of Technology Select Sector Index

   0.6893 % representing 1 month LIBOR rate + spread    Bank of America Merrill Lynch      12/9/2021        670,332        859,338,998        178,067,704  

Total return of Technology Select Sector Index

   0.7266 % representing 1 month LIBOR rate + spread    UBS Securities LLC      12/9/2021        483,810        605,444,672        143,176,783  

Total return of Technology Select Sector Index

   0.5366 % representing 1 month LIBOR rate + spread    J.P. Morgan      12/9/2021        473,206        664,822,364        66,632,409  

Total return of Technology Select Sector Index

   0.7866 % representing 1 month LIBOR rate + spread    Citibank N.A.      12/13/2021        569,763        760,284,212        120,322,362  

Total return of Technology Select Sector Index

   0.8366 % representing 1 month LIBOR rate + spread    BNP Paribas      4/20/2022        627,886        847,957,421        122,073,088  

Total return of Technology Select Sector Index

   0.8366 % representing 1 month LIBOR rate + spread    BNP Paribas      5/18/2022        135,000        186,800,923        21,749,087  

Total return of Technology Select Sector Index

   0.8366 % representing 1 month LIBOR rate + spread    BNP Paribas      6/15/2022        150,000        209,176,334        22,455,275  
              

 

 

    

 

 

 
               $ 5,629,270,005      $ 761,996,433  
              

 

 

    

 

 

 


Direxion Daily Technology Bear 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

SHORT TERM INVESTMENTS - 82.3%

  

Money Market Funds - 82.3%

  
17,834,275   

Dreyfus Government Cash Management Institutional Shares, 0.03% (a)

   $ 17,834,275  
18,480,000   

Goldman Sachs Financial Square Government Fund Institutional Shares, 0.03% (a)

     18,480,000  
11,192,638   

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (a)

     11,192,638  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $47,506,913) (b)

   $ 47,506,913  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $47,506,913) - 82.3%

   $ 47,506,913  
  

Other Assets in Excess of Liabilities - 17.7%

     10,251,241  
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 57,758,154  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a) 

Represents annualized seven-day yield at July 31, 2021.

(b) 

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $47,506,913.

Short Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be
Received at Termination

  

Terms of Payments to be
Paid at Termination

  

Counterparty

   Termination
Date
     Contracts      Notional
Amount
     Unrealized
Depreciation
 

0.4893% representing 1 month LIBOR rate + spread

   Total return of Technology Select Sector Index    Bank of America Merrill Lynch      12/9/2021        11,938      $ 14,980,161      $ (3,519,040

0.0866% representing 1 month LIBOR rate + spread

   Total return of Technology Select Sector Index    Barclays      12/9/2021        52,448        78,549,793        (2,496,933

0.4366% representing 1 month LIBOR rate + spread

   Total return of Technology Select Sector Index    UBS Securities LLC      12/9/2021        31,640        40,880,243        (8,129,983

0.0866% representing 1 month LIBOR rate + spread

   Total return of Technology Select Sector Index    J.P. Morgan      12/9/2021        3,958        5,752,418        (366,021

0.3366% representing 1 month LIBOR rate + spread

   Total return of Technology Select Sector Index    Citibank N.A.      12/13/2021        5,473        7,241,890        (1,236,376

0.0866% representing 1 month LIBOR rate + spread

   Total return of Technology Select Sector Index    BNP Paribas      3/16/2022        697        911,054        (168,569

0.0866% representing 1 month LIBOR rate + spread

   Total return of Technology Select Sector Index    BNP Paribas      4/20/2022        6,000        7,977,186        (1,313,254
              

 

 

    

 

 

 
               $ 156,292,745      $ (17,230,176
              

 

 

    

 

 

 


Direxion Daily Transportation Bull 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

COMMON STOCKS - 59.7%

  

Air Transportation - 6.0%

  

25,017

  

Alaska Air Group, Inc. (a)

   $ 1,451,737  

25,017

  

American Airlines Group, Inc. (a)

     509,847  

25,017

  

Delta Air Lines, Inc. (a)

     998,178  

25,017

  

JetBlue Airways Corp. (a)

     370,001  

25,017

  

Southwest Airlines Co. (a)

     1,263,859  

25,017

  

United Continental Holdings, Inc. (a)

     1,168,794  
     

 

 

 
          5,762,416  
     

 

 

 

Couriers and Messengers - 12.2%

  

25,017

   FedEx Corp.      7,003,509  

25,017

  

United Parcel Service, Inc. Class B

     4,787,253  
     

 

 

 
          11,790,762  
     

 

 

 

Rail Transportation - 20.1%

  

25,017

   CSX Corp.      808,549  

25,017

  

Kansas City Southern Railway Co.

     6,699,553  

25,017

  

Norfolk Southern Corp.

     6,450,133  

25,017

  

Union Pacific Corp.

     5,472,719  
     

 

 

 
          19,430,954  
     

 

 

 

Rental and Leasing Services - 4.1%

  

25,017

  

Avis Budget Group, Inc. (a)

     2,070,657  

25,017

  

Ryder System, Inc.

     1,905,045  
     

 

 

 
          3,975,702  
     

 

 

 

Support Activities for Transportation - 11.7%

  

25,017

  

C.H. Robinson Worldwide, Inc.

     2,230,766  

25,017

  

Expeditors International of Washington, Inc.

     3,208,430  

25,017

  

J.B. Hunt Transport Services, Inc.

     4,214,114  

25,017

   Matson, Inc.      1,679,141  
     

 

 

 
          11,332,451  
     

 

 

 

Truck Transportation - 4.1%

  

25,017

  

Landstar System, Inc.

     3,927,669  
     

 

 

 

Water Transportation - 1.5%

  

25,017

  

Kirby Corp. (a)

     1,448,734  
     

 

 

 
  

TOTAL COMMON STOCKS (Cost $57,916,363)

   $ 57,668,688  
     

 

 

 

SHORT TERM INVESTMENTS - 29.4%

  

Money Market Funds - 29.4%

  

346,281

  

Dreyfus Government Cash Management Institutional Shares, 0.03% (b)

   $ 346,281  

28,011,488

   Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01% (b)      28,011,488  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $28,357,769)

   $ 28,357,769  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $86,274,132) - 89.1% (c)

   $ 86,026,457  
  

Other Assets in Excess of Liabilities - 10.9%

     10,585,038  
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 96,611,495  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a) 

Non-income producing security.

(b) 

Represents annualized seven-day yield at July 31, 2021.

(c)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $74,133,586.

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be
Paid at Termination

  

Counterparty

   Termination
Date
     Contracts      Notional
Amount
     Unrealized
Appreciation
(Depreciation)
 

Total return of Dow Jones Transportation Average Index

   0.7866 % representing 1 month LIBOR rate + spread    Credit Suisse Capital LLC      12/7/2021        2,838      $ 39,109,461      $ 1,955,930  

Total return of Dow Jones Transportation Average Index

   0.6866 % representing 1 month LIBOR rate + spread    UBS Securities LLC      12/9/2021        3,401        43,282,563        6,044,934  

Total return of Dow Jones Transportation Average Index

   0.5866 % representing 1 month LIBOR rate + spread    J.P. Morgan      12/10/2021        1,367        21,291,955        (1,526,981

Total return of Dow Jones Transportation Average Index

   0.5866 % representing 1 month LIBOR rate + spread    Citibank N.A.      12/13/2021        8,449        124,410,439        (2,198,440
              

 

 

    

 

 

 
               $ 228,094,418      $ 4,275,443  
              

 

 

    

 

 

 


Direxion Daily Utilities Bull 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

COMMON STOCKS - 65.3%

  

Utilities - 65.3%

  

10,975

  

AES Corp.

   $ 260,107  

4,119

  

Alliant Energy Corp.

     241,085  

4,210

  

Ameren Corp.

     353,303  

8,233

  

American Electric Power Co., Inc.

     725,492  

2,989

  

American Water Works Co., Inc.

     508,459  

2,152

  

Atmos Energy Corp.

     212,166  

9,563

  

CenterPoint Energy, Inc.

     243,474  

4,768

  

CMS Energy Corp.

     294,615  

5,646

  

Consolidated Edison, Inc.

     416,505  

13,287

  

Dominion Energy, Inc.

     994,798  

3,192

  

DTE Energy Co.

     374,485  

12,672

  

Duke Energy Corp.

     1,331,954  

6,251

  

Edison International

     340,679  

3,307

  

Entergy Corp.

     340,356  

3,776

  

Evergy, Inc.

     246,271  

5,657

  

Eversource Energy

     488,029  

16,097

  

Exelon Corp.

     753,340  

8,962

  

FirstEnergy Corp.

     343,424  

32,313

  

NextEra Energy, Inc.

     2,517,183  

6,462

  

NiSource, Inc.

     160,064  

4,032

  

NRG Energy, Inc.

     166,280  

1,857

  

Pinnacle West Capital Corp.

     155,152  

12,676

  

PPL Corp.

     359,618  

8,320

  

Public Service Enterprise Group, Inc.

     517,754  

5,191

  

Sempra Energy

     678,204  

17,441

  

Southern Co.

     1,113,957  

5,197

  

WEC Energy Group, Inc.

     489,246  

8,866

  

Xcel Energy, Inc.

     605,104  
     

 

 

 
        15,231,104  
     

 

 

 
  

TOTAL COMMON STOCKS (Cost $15,044,933)

   $ 15,231,104  
     

 

 

 

SHORT TERM INVESTMENTS - 23.4%

  

Money Market Funds - 23.4%

  

4,790,000

  

Goldman Sachs Financial Square Government Fund Institutional Shares, 0.03%(b)

   $ 4,790,000  

671,795

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01%(b)

     671,795  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $5,461,795)

   $ 5,461,795  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $20,506,728) - 88.7%(c)

   $ 20,692,899  
  

Other Assets in Excess of Liabilities - 11.3%

     2,623,502  
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 23,316,401  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Non-income producing security.

(b) 

Represents annualized seven-day yield at July 31, 2021.

(c)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $19,731,405.

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid at Termination

   Counterparty      Termination Date      Contracts      Notional
Amount
     Unrealized
Depreciation
 

Total return of Utilities Select Sector Index

   0.5366 % representing 1 month LIBOR rate + spread      Citibank N.A.        12/13/2021        11,894      $ 7,729,045      $ 228,367  

Total return of Utilities Select Sector Index

   0.5866 % representing 1 month LIBOR rate + spread      Barclays        6/29/2022        70,000        44,951,642        1,850,089  
              

 

 

    

 

 

 
               $ 52,680,687      $ 2,078,456  
              

 

 

    

 

 

 


Direxion Daily 7-10 Year Treasury Bull 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

INVESTMENT COMPANIES - 65.6%

  

109,463

  

iShares 7-10 Year Treasury Bond ETF(a)

   $ 12,884,890  
     

 

 

 
  

TOTAL INVESTMENT COMPANIES (Cost $12,199,119)

   $ 12,884,890  
     

 

 

 

SHORT TERM INVESTMENTS - 33.1%

  

Money Market Funds - 33.1%

  

4,701,951

  

Dreyfus Government Cash Management Institutional Shares, 0.03%(b)

   $ 4,701,951  

440,000

  

Goldman Sachs Financial Square Government Fund Institutional Shares, 0.03%(b)

     440,000  

1,353,669

  

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01%(b)

     1,353,669  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $6,495,620)

   $ 6,495,620  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $18,694,739) - 98.7%(c)

   $ 19,380,510  
  

Other Assets in Excess of Liabilities - 1.3%

     253,788  
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 19,634,298  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Shareholders may obtain the financial statements of these investment companies at www.sec.gov.

(b)

Represents annualized seven-day yield at July 31, 2021.

(c)

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $15,319,087.

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid/(Received) at Termination

  

Counterparty

   Termination Date      Contracts      Notional
Amount
     Unrealized
Appreciation
 

Total return of iShares 7-10 Year Treasury Bond ETF

   0.2393% representing 1 month LIBOR rate + spread    Bank of America Merrill Lynch      12/9/2021        124,361      $ 14,218,421      $ 433,455  

Total return of iShares 7-10 Year Treasury Bond ETF

   0.2866% representing 1 month LIBOR rate + spread    J.P. Morgan      12/9/2021        126,777        14,778,677        155,282  

Total return of iShares 7-10 Year Treasury Bond ETF

   (0.5434)% representing 1 month LIBOR rate + spread    BNP Paribas      3/16/2022        113,013        13,224,781        153,280  

Total return of iShares 7-10 Year Treasury Bond ETF

   (0.5434)% representing 1 month LIBOR rate + spread    BNP Paribas      4/20/2022        4,230        482,070        17,603  

Total return of iShares 7-10 Year Treasury Bond ETF

   0.7366% representing 1 month LIBOR rate + spread    Barclays      5/6/2022        22,565        2,568,203        87,099  
              

 

 

    

 

 

 
               $ 45,272,152      $ 846,719  
              

 

 

    

 

 

 


Direxion Daily 7-10 Year Treasury Bear 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

SHORT TERM INVESTMENTS - 71.0%

  

Money Market Funds - 71.0%

  
2,993,399   

Dreyfus Government Cash Management Institutional Shares, 0.03%(a)

   $ 2,993,399  
250,000   

Goldman Sachs Financial Square Government Fund Institutional Shares, 0.03%(a)

     250,000  
12,157,338   

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01%(a)

     12,157,338  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $15,400,737)(b)

   $ 15,400,737  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $15,400,737) - 71.0%

   $ 15,400,737  
  

Other Assets in Excess of Liabilities - 29.0%

     6,276,525  
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 21,677,262  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Represents annualized seven-day yield at July 31, 2021.

(b) 

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $15,400,737.

Short Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received/(Paid) at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination Date      Contracts      Notional
Amount
     Unrealized
Depreciation
 

0.1893 % representing 1 month LIBOR rate + spread

   Total return of iShares 7-10 Year Treasury Bond ETF    Bank of America Merrill Lynch      12/9/2021        179,273      $ 20,574,481      $ (541,745

(0.8634)% representing 1 month LIBOR rate + spread

   Total return of iShares 7-10 Year Treasury Bond ETF    J.P. Morgan      12/15/2021        247,316        28,505,889        (676,855

(0.8434)% representing 1 month LIBOR rate + spread

   Total return of iShares 7-10 Year Treasury Bond ETF    BNP Paribas      3/16/2022        96,503        11,292,781        (145,547

(0.8434)% representing 1 month LIBOR rate + spread

   Total return of iShares 7-10 Year Treasury Bond ETF    BNP Paribas      4/20/2022        19,848        2,259,223        (88,793

(0.2634)% representing 1 month LIBOR rate + spread

   Total return of iShares 7-10 Year Treasury Bond ETF    Barclays      5/6/2022        5,659        644,391        (23,282

(0.8434)% representing 1 month LIBOR rate + spread

   Total return of iShares 7-10 Year Treasury Bond ETF    BNP Paribas      5/18/2022        3,880        443,312        (15,374
              

 

 

    

 

 

 
               $ 63,720,077      $ (1,491,596
              

 

 

    

 

 

 


Direxion Daily 20+ Year Treasury Bull 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

INVESTMENT COMPANIES - 64.3%

  
1,690,298   

iShares 20+ Year Treasury Bond ETF(a)(b)

   $ 252,733,357  
     

 

 

 
  

TOTAL INVESTMENT COMPANIES (Cost $246,620,948)

   $ 252,733,357  
     

 

 

 

SHORT TERM INVESTMENTS - 37.2%

  

Money Market Funds - 37.2%

  
50,484,446   

Dreyfus Government Cash Management Institutional Shares, 0.03%(c)(d)

   $ 50,484,446  
95,882,715   

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01%(c)

     95,882,715  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $146,367,161)

   $ 146,367,161  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $392,988,109) - 101.5%(e)

   $ 399,100,518  
  

Liabilities in Excess of Other Assets - (1.5)%

     (5,745,944
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 393,354,574  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a) 

Shareholders may obtain the financial statements of these investment companies at www.sec.gov.

(b)

A portion of this security represents a security on loan.

(c) 

Represents annualized seven-day yield at July 31, 2021.

(d)

All or a portion of this security represents an investment of securities lending collateral.

(e) 

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $261,029,866.

Long Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received at Termination

  

Terms of Payments to be

Paid/(Received) at Termination

  

Counterparty

   Termination Date      Contracts      Notional
Amount
     Unrealized
Appreciation
(Depreciation)
 

Total return of iShares 20+ Year Treasury Bond ETF

   0.3893 % representing 1 month LIBOR rate + spread    Bank of America Merrill Lynch      12/9/2021        1,019,993      $ 153,013,433      $ (112,174

Total return of iShares 20+ Year Treasury Bond ETF

   0.5266 % representing 1 month LIBOR rate + spread    UBS Securities LLC      12/9/2021        860,291        133,647,450        (4,361,174

Total return of iShares 20+ Year Treasury Bond ETF

   0.3866 % representing 1 month LIBOR rate + spread    J.P. Morgan      12/9/2021        681,833        105,225,603        (2,875,972

Total return of iShares 20+ Year Treasury Bond ETF

   (0.3134)% representing 1 month LIBOR rate + spread    Credit Suisse Capital LLC      12/10/2021        131,519        19,185,838        605,435  

Total return of iShares 20+ Year Treasury Bond ETF

   0.2866 % representing 1 month LIBOR rate + spread    Citibank N.A.      12/13/2021        2,274,833        331,890,553        8,500,633  

Total return of iShares 20+ Year Treasury Bond ETF

   0.3566 % representing 1 month LIBOR rate + spread    BNP Paribas      4/20/2022        244,292        34,069,670        3,141,483  

Total return of iShares 20+ Year Treasury Bond ETF

   0.3566 % representing 1 month LIBOR rate + spread    BNP Paribas      5/18/2022        285,725        39,940,113        2,954,206  

Total return of iShares 20+ Year Treasury Bond ETF

   0.3566 % representing 1 month LIBOR rate + spread    BNP Paribas      6/15/2022        191,686        26,384,235        2,371,576  

Total return of iShares 20+ Year Treasury Bond ETF

   0.3566 % representing 1 month LIBOR rate + spread    BNP Paribas      7/20/2022        422,432        61,350,734        1,934,929  

Total return of iShares 20+ Year Treasury Bond ETF

   0.3566 % representing 1 month LIBOR rate + spread    BNP Paribas      8/17/2022        89,528        13,271,184        114,997  
              

 

 

    

 

 

 
               $ 917,978,813      $ 12,273,939  
              

 

 

    

 

 

 


Direxion Daily 20+ Year Treasury Bear 3X Shares

Schedule of Investments (Unaudited)

July 31, 2021

 

Shares

        Fair Value  

SHORT TERM INVESTMENTS - 110.6%

  

Money Market Funds - 110.6%

  
168,465,855   

Dreyfus Government Cash Management Institutional Shares, 0.03%(a)

   $ 168,465,855  
138,622,881   

Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 0.01%(a)

     138,622,881  
     

 

 

 
  

TOTAL SHORT TERM INVESTMENTS (Cost $307,088,736)(b)

   $ 307,088,736  
     

 

 

 
  

TOTAL INVESTMENTS (Cost $307,088,736) - 110.6%

   $ 307,088,736  
  

Liabilities in Excess of Other Assets - (10.6)%

     (29,354,129
     

 

 

 
  

TOTAL NET ASSETS - 100.0%

   $ 277,734,607  
     

 

 

 

Percentages are stated as a percent of net assets.

The geographic location of all investments is United States unless otherwise indicated.

 

(a)

Represents annualized seven-day yield at July 31, 2021.

(b) 

All or a portion of these securities have been segregated as collateral for swap contracts. Total value of securities segregated amounted to $307,088,736.

Short Total Return Swap Contracts (Unaudited)

July 31, 2021

 

Terms of Payments to be

Received/(Paid) at Termination

  

Terms of Payments to be

Paid at Termination

  

Counterparty

   Termination Date      Contracts      Notional
Amount
     Unrealized
Appreciation
(Depreciation)
 

(0.6434)% representing 1 month LIBOR rate + spread

   Total return of iShares 20+ Year Treasury Bond ETF    Credit Suisse Capital LLC      12/7/2021        1,013,766      $ 151,936,000      $ (956,231

(0.4108)% representing 1 month LIBOR rate + spread

   Total return of iShares 20+ Year Treasury Bond ETF    Bank of America Merrill Lynch      12/9/2021        1,002,705        138,246,319        (12,464,707

0.3166 % representing 1 month LIBOR rate + spread

   Total return of iShares 20+ Year Treasury Bond ETF    UBS Securities LLC      12/9/2021        817,749        124,671,413        1,641,657  

(0.1134)% representing 1 month LIBOR rate + spread

   Total return of iShares 20+ Year Treasury Bond ETF    J.P. Morgan      12/10/2021        573,319        79,493,546        (6,467,197

(0.0134)% representing 1 month LIBOR rate + spread

   Total return of iShares 20+ Year Treasury Bond ETF    Citibank N.A.      12/13/2021        1,397,936        207,016,439        (2,005,775

0.1366 % representing 1 month LIBOR rate + spread

   Total return of iShares 20+ Year Treasury Bond ETF    BNP Paribas      6/15/2022        199,605        27,726,923        (2,716,369

0.1366 % representing 1 month LIBOR rate + spread

   Total return of iShares 20+ Year Treasury Bond ETF    BNP Paribas      7/20/2022        528,350        75,684,559        (3,511,517

0.1366 % representing 1 month LIBOR rate + spread

   Total return of iShares 20+ Year Treasury Bond ETF    BNP Paribas      8/17/2022        39,166        5,804,793        (51,784
              

 

 

    

 

 

 
               $ 810,579,992      $ (26,531,923
              

 

 

    

 

 

 


Valuation Measurements (Unaudited)

The Funds follows fair valuation accounting standards which establish an authoritative definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurement of fair value and a discussion in changes in valuation techniques and related inputs during the period. These inputs are summarized in the three broad levels below:

Level 1 - Quoted prices in active markets for identical securities

Level 2 - Evaluated price based on other significant observable inputs (including quoted prices for similar securities in active markets, quoted prices for identical or similar securities in inactive markets, interest rates, prepayment spreads, credit risk, etc.)

Level 3 - Significant unobservable inputs (including Fund’s own assumptions in determining fair value of investments)

The inputs or methodology used for valuing securities are not an indication of the credit risk associated with investing in those securities.

The following is a summary of the inputs used to value the Funds’ net assets as of July 31, 2021:

 

          Asset Class     Liability Class  
          Level 1     Level 2     Level 1     Level 2  
     

Funds

  Investment
Companies
    Common
Stocks
    Master Limited
Partnerships
    Short Term
Investments
    Cash
Equivalents
    Futures
Contracts*
    Total Return
Swap Contracts*
    Futures
Contracts*
    Total Return
Swap Contracts*
 
  578315    

Direxion Auspice Broad Commodity Strategy ETF (Consolidated)

  $ —       $ —       $ —       $ 166,014,504       37,832,025     $ 12,351,045     $ —       $ (102,025   $ —    
  919520    

Direxion Connected Consumer ETF

    —         8,543,639       —         26,880       16,041       —         —         —         —    
  438382    

Direxion Dynamic Hedge ETF

    5,543,755       —         —         —         68,234       —         1,219       (3,679     —    
  438379    

Direxion Fallen Knives ETF

    —         9,143,583       —         18,331       —         —         —         —         —    
  185285    

Direxion Flight to Safety Strategy ETF (Consolidated)

    9,746,184       3,837,438       —         324,986       945,727       10,130       —         —         —    
  438370    

Direxion High Growth ETF

    —         13,951,947       —         13,501       —         —         —         —         —    
  974251    

Direxion Hydrogen ETF

    —         34,018,777       —         3,687,985       —         —         —         —         —    
  993272    

Direxion Low Priced Stock ETF

    —         5,209,322       —         —         9,831       —         —         —         —    
  919522    

Direxion Moonshot Innovators ETF

    —         157,929,644       —         18,972,082       —         —         —         —         —    
  185258    

Direxion MSCI USA ESG - Leaders vs. Laggards ETF

    —         8,364,764       —         684,723       445,583       —         233,614       —         (804,539
  523475    

Direxion NASDAQ-100® Equal Weighted Index Shares

    —         407,969,141       —         4,093,826       432,631       —         —         —         —    
  185267    

Direxion S&P 500® High minus Low Quality ETF

    —         11,401,874       —         609,477       —         —         872,915       —         (552,165
  438368    

Direxion Work From Home ETF

    —         117,457,170       —         146,481       —         —         —         —         —    
  927094    

Direxion World Without Waste ETF

    —         5,731,861       —         101,039       —         —         —         —         —    
  602254    

Direxion Russell 1000® Growth Over Value ETF

    28,319,155       —         —         1,683,228       1,356,025       —         861,089       —         (438,011
  602218    

Direxion Russell 1000® Value Over Growth ETF

    40,800,189       —         —         1,777,144       —         —         1,207,001       —         (2,115,835
  497822    

Direxion Daily CSI 300 China A Share Bear 1X Shares

    —         —         —      

 

135,438,120

 

    —         —         5,815,085       —         —    
  856921    

Direxion Daily S&P 500® Bear 1X Shares

    —         —         —         119,635,882       —         —         —         —         (9,975,676
  497821    

Direxion Daily CSI 300 China A Share Bull 2X Shares

    44,545,905       —         —         73,650,461       —         —         586,040       —         (1,063,900
  357559    

Direxion Daily CSI China Internet Index Bull 2X Shares

    84,999,366       —         —         88,835,512       19,194,259       —         —         —         (54,254,714
  577717    

Direxion Daily S&P 500® Bull 2X Shares

    33,386,724       —         —         20,234       798,612       —         1,662,293       —         —    
  297342    

Direxion Daily Latin America Bull 2X Shares

    4,221,053       —         —         16,790,661       —         —         520,868       —         (794,444
  641160    

Direxion Daily MSCI Brazil Bull 2X Shares

    98,497,089       —         —         156,878,849       —         —         7,103,035       —         (11,487,503
  812826    

Direxion Daily MSCI India Bull 2X Shares

    24,861,002       —         —         63,988,837       —         —         7,232,465       —         —    
  662329    

Direxion Daily Russia Bull 2X Shares

    29,270,311       —         —         35,123,311       —         —         6,746,372       —         (3,735
  992517    

Direxion Daily 5G Communications Bull 2X Shares

    —         4,346,996       —         —         770,519       —         171,607       —         —    
  942084    

Direxion Daily Cloud Computing Bull 2X Shares

    —         20,370,271       —         4,875,126       4,905,268       —         2,508,309       —         —    
  942098    

Direxion Daily Cloud Computing Bear 2X Shares

    —         —         —         9,180,274       7,985,037       —         —         —         (2,837,971
  522143    

Direxion Daily Energy Bull 2X Shares

    —         417,547,785       —         174,606,284       —         —         31,709,549       —         (25,089,782
  522142    

Direxion Daily Energy Bear 2X Shares

    —         —         —         15,779,169       21,150,592       —         668,237       —         (2,217,944
  234060    

Direxion Daily Global Clean Energy Bull 2X Shares

    4,260,396       —         —         —         716,167       —         —         —         (31,135
  662249    

Direxion Daily Gold Miners Index Bull 2X Shares

    435,632,517       —         —         509,608,113       —         —         9,611,392       —         (15,205,601
  662241    

Direxion Daily Gold Miners Index Bear 2X Shares

    —         —         —         72,106,802       —         —         7,490,936       —         (2,344,841
  315868    

Direxion Daily Junior Gold Miners Index Bull 2X Shares

    196,711,709       —         —         510,038,875       —         —         —         —         (88,545,143
  315869    

Direxion Daily Junior Gold Miners Index Bear 2X Shares

    —         —         —         69,825,017       —         —         16,101,848       —         (1,228,892
  275769    

Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2X Shares

    17,210,862       —         —         9,057,965       14,085,764       —         3,785,505       —         —    
  697158    

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares

    —         400,029,768       —         373,281,539       —         —         216,546,898       —         (21,567,813
  697159    

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares

    —         —         —         31,891,366       35,243,311       —         —         —         (11,227,900
  992516    

Direxion Daily Travel & Vacation Bull 2X Shares

    —         8,145,893       —         580,199       739,895       —         —         —         (709,618
  297336    

Direxion Daily Mid Cap Bull 3X Shares

    66,477,042       —         —         24,183,321       17,245,167       —         17,466,222       —         —    
  522145    

Direxion Daily S&P 500® Bull 3X Shares

    1,933,941,732       —         —         789,235,647       —         —         545,998,934       —         —    
  522141    

Direxion Daily S&P 500® Bear 3X Shares

    —         —         —         465,485,662       —         —         —         —         (69,012,127
  522147    

Direxion Daily Small Cap Bull 3X Shares

    1,093,260,690       —         —         956,208,229       209,578,818       —         147,308,679       —         (2,439,316
  522146    

Direxion Daily Small Cap Bear 3X Shares

    —         —         —         396,798,592       —         —         4,409,686       —         (44,457,481
  297330    

Direxion Daily FTSE China Bull 3X Shares

    243,872,141       —         —         211,724,663       41,867,052       —         —         —         (95,312,619
  297331    

Direxion Daily FTSE China Bear 3X Shares

    —         —         —         51,761,498       —         —         410,125       —         (1,332,584
  504712    

Direxion Daily FTSE Europe Bull 3X Shares

    24,535,966       —         —         20,385,029       14,452,735       —         8,775,211       —         —    
  522230    

Direxion Daily MSCI Emerging Markets Bull 3X Shares

    82,058,861       —         —         135,806,605       26,636,691       —         —         —         (18,774,950
  522229    

Direxion Daily MSCI Emerging Markets Bear 3X Shares

    —         —         —         21,984,852       16,146,842       —         3,277,768       —         —    
  402071    

Direxion Daily MSCI Mexico Bull 3X Shares

    7,610,943       —         —         20,567,237       —         —         6,302,404       —         (21,451


          Asset Class     Liability Class  
          Level 1     Level 2     Level 1     Level 2  
     

Funds

  Investment
Companies
    Common
Stocks
    Master Limited
Partnerships
    Short Term
Investments
    Cash
Equivalents
    Futures
Contracts*
    Total Return
Swap Contracts*
    Futures
Contracts*
    Total Return
Swap Contracts*
 
  813462    

Direxion Daily MS CI South Korea Bull 3X Shares

    15,076,938       —         —         29,009,560       —         —         920,820       —         (754,768
  983881    

Direxion Daily Aerospace & Defense Bull 3X Shares

    —         228,964,746       —         72,817,720       57,451,712       —         49,094,524       —         (1,928,286
  469077    

Direxion Daily Consumer Discretionary Bull 3X Shares

    —         18,884,831       —         12,778,211       7,617,016       —         5,729,395       —         —    
  132783    

Direxion Daily Dow Jones Internet Bull 3X Shares

    —         53,851,698       —         32,803,640       —         —         18,482,157       —         (369,925
  132785    

Direxion Daily Dow Jones Internet Bear 3X Shares

    —         —         —         4,301,451       1,368,312       —         89,476       —         —    
  522140    

Direxion Daily Financial Bull 3X Shares

    —         2,149,365,208       —         584,919,842       586,188,431       —         546,188,907       —         (225,173
  522144    

Direxion Daily Financial Bear 3X Shares

    —         —         —         78,522,545       34,585,008       —         —         —         (2,995,930
  812854    

Direxion Daily Healthcare Bull 3X Shares

    —         128,319,221       —         53,209,840       21,742,319       —         51,126,278       —         —    
  493026    

Direxion Daily Homebuilders & Supplies Bull 3X Shares

    —         233,366,014       —         126,430,040       73,500,808       —         127,661,768       —         —    
  402067    

Direxion Daily Industrials Bull 3X Shares

    —         56,646,963       —         23,372,265       —         —         12,943,432       —         —    
  297334    

Direxion Daily MSCI Real Estate Bull 3X Shares

    —         109,988,308       —         59,309,754       —         —         48,707,996       —         —    
  297335    

Direxion Daily MSCI Real Estate Bear 3X Shares

    —         —         —         14,101,651       6,462,124       —         —         —         (3,401,564
  197878    

Direxion Daily Pharmaceutical & Medical Bull 3X Shares

    —         8,318,714       —         5,494,731       1,272,830       —         —         —         (265,748
  691007    

Direxion Daily Regional Banks Bull 3X Shares

    —         300,929,587       —         181,757,287       14,737,784       —         4,820,669       —         (17,457,170
  662225    

Direxion Daily Retail Bull 3X Shares

    —         98,326,374       —         50,878,555       —         —         32,040,644       —         (343,478
  132735    

Direxion Daily S&P 500® High Beta Bull 3X Shares

    —         88,598,173       —         18,537,204       34,973,479       —         21,732,502       —         (591,524
  132778    

Direxion Daily S&P 500® High Beta Bear 3X Shares

    —         —         —         16,131,360       10,875,204       —         23,860       —         (2,899,941
  697154    

Direxion Daily S&P Biotech Bull 3X Shares

    —         547,093,534       —         366,641,701       —         —         —         —         (115,131,587
  697155    

Direxion Daily S&P Biotech Bear 3X Shares

    —         —         —         31,969,126       18,250,464       —         7,893,911       —         —    
  812868    

Direxion Daily Semiconductor Bull 3X Shares

    —         2,416,579,198       —         1,542,285,168       —         —         1,039,593,491       —         —    
  812876    

Direxion Daily Semiconductor Bear 3X Shares

    —         —         —         98,138,799       40,956,820       —         —         —         (30,356,334
  297332    

Direxion Daily Technology Bull 3X Shares

    —         1,635,580,610       —         626,150,174       420,316,602       —         761,996,433       —         —    
  297333    

Direxion Daily Technology Bear 3X Shares

    —         —         —         47,506,913       27,782,927       —         —         —         (17,230,176
  983880    

Direxion Daily Transportation Bull 3X Shares

    —         57,668,688       —         28,357,769       14,337,333       —         8,000,864       —         (3,725,421
  402062    

Direxion Daily Utilities Bull 3X Shares

    —         15,231,104       —         5,461,795       2,892,115       —         2,078,456       —         —    
  297504    

Direxion Daily 7-10 Year Treasury Bull 3X Shares

    12,884,890       —         —         6,495,620       —         —         846,719       —         —    
  297505    

Direxion Daily 7-10 Year Treasury Bear 3X Shares

    —         —         —         15,400,737       7,833,251       —         —         —         (1,491,596
  297506    

Direxion Daily 20+ Year Treasury Bull 3X Shares

    252,733,357       —         —         146,367,161       —         —         19,623,259       —         (7,349,320
  297507    

Direxion Daily 20+ Year Treasury Bear 3X Shares

    —         —         —         307,088,736       —         —         1,641,657       —         (28,173,580