Elequin Capital’s REX Bitcoin Corporate Treasury Convertible Bond ETF BMAX Stock Holding History

Elequin Capital’s Portfolio BMAX Stock Details BMAX Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-20,670	Closed	-$476K	–	739
2025 Q4	$476K	Buy	20,670 +20,655	+137,700%	+$525K	0.04%	94
2025 Q3	$426	Sell	15 -26,145	-100%	-$763K	﹤0.01%	141
2025 Q2	$777K	Buy	+26,160	New	+$747K	0.1%	71

Other funds holding BMAX

Jane Street New York $777B AUM 61.18% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

SBI Securities Tokyo, Japan $3.65B AUM 41.88% 1-Year Est. Return

Elequin Capital's BMAX Position: Q1 2026 in Review

Elequin Capital sold out of REX Bitcoin Corporate Treasury Convertible Bond ETF (BMAX) in Q1 2026, closing a stake of 20,670 shares — an estimated $476K sold.

Elequin Capital first reported a position in BMAX in Q2 2025 and held it in 3 quarters. The position peaked at $777K in Q2 2025. 3 funds tracked by Wall St. Rank hold BMAX as of Q1 2026.

Elequin Capital reported no remaining REX Bitcoin Corporate Treasury Convertible Bond ETF position as of Q1 2026 after selling out during the quarter.
Elequin Capital sold 20,670 REX Bitcoin Corporate Treasury Convertible Bond ETF shares in Q1 2026, an estimated $476K.
Elequin Capital first reported a position in REX Bitcoin Corporate Treasury Convertible Bond ETF in Q2 2025 and held it in 3 quarters.
Elequin Capital's REX Bitcoin Corporate Treasury Convertible Bond ETF position peaked at $777K in Q2 2025.
3 funds tracked by Wall St. Rank held REX Bitcoin Corporate Treasury Convertible Bond ETF as of Q1 2026.

Based on Elequin Capital's 13F filing for Q1 2026, filed 11 May 2026.