HT
SMST

Headlands Technologies’s Defiance Daily Target 2x Short MSTR ETF SMST Stock Holding History

Headlands Technologies’s Portfolio SMST Stock Details SMST Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2026
Q1 		– Sell
-2,506
Closed -$233K – 1032
2025
Q4 		$233K Buy
+2,506
New +$140K 0.02% 562
2025
Q2 		– Sell
-3,213
Closed -$263K – 1599
2025
Q1 		$263K Buy
3,213
+3,046
+1,824% +$314K 0.03% 401
2024
Q4 		$27.9K Buy
+167
New +$73.3K ﹤0.01% 896

Other funds holding SMST

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Optiver Holding Amsterdam, Netherlands $289B AUM 33.63% 1-Year Est. Return
HF
HRT Financial New York $40.1B AUM 58.22% 1-Year Est. Return
Susquehanna International Group
Susquehanna International Group Bala Cynwyd, Pennsylvania $893B AUM 36.07% 1-Year Est. Return
Jane Street
Jane Street New York $777B AUM 61.18% 1-Year Est. Return
FTUS
Flow Traders U.S. New York $3.16B AUM 19.52% 1-Year Est. Return
Group One Trading
Group One Trading Chicago, Illinois $52.2B AUM 104.56% 1-Year Est. Return
TRCT
Tower Research Capital (TRC) New York $3.85B AUM 32.11% 1-Year Est. Return

Headlands Technologies's SMST Position: Q1 2026 in Review

Headlands Technologies sold out of Defiance Daily Target 2x Short MSTR ETF (SMST) in Q1 2026, closing a stake of 2,506 shares — an estimated $233K sold.

Headlands Technologies first reported a position in SMST in Q4 2024 and held it in 3 quarters. The position peaked at $263K in Q1 2025. 7 funds tracked by Wall St. Rank hold SMST as of Q1 2026.

  • Headlands Technologies reported no remaining Defiance Daily Target 2x Short MSTR ETF position as of Q1 2026 after selling out during the quarter.
  • Headlands Technologies sold 2,506 Defiance Daily Target 2x Short MSTR ETF shares in Q1 2026, an estimated $233K.
  • Headlands Technologies first reported a position in Defiance Daily Target 2x Short MSTR ETF in Q4 2024 and held it in 3 quarters.
  • Headlands Technologies's Defiance Daily Target 2x Short MSTR ETF position peaked at $263K in Q1 2025.
  • 7 funds tracked by Wall St. Rank held Defiance Daily Target 2x Short MSTR ETF as of Q1 2026.

Based on Headlands Technologies's 13F filing for Q1 2026, filed 13 May 2026.