Headlands Technologies’s MAX S&P 500 4x Leveraged ETN SPYU Stock Holding History

Headlands Technologies’s Portfolio SPYU Stock Details SPYU Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-908	Closed	-$19.6K	–	1344
2025 Q2	$19.6K	Buy	908 +818	+909%	+$13.7K	﹤0.01%	936
2025 Q1	$1.58K	Buy	+90	New	+$2.04K	﹤0.01%	1053
2024 Q2	–	Sell	-5,390	Closed	-$105K	–	1689
2024 Q1	$105K	Buy	+5,390	New	+$90K	0.03%	529

Other funds holding SPYU

MFA

Millington Financial Advisors Naperville, Illinois $254M AUM 29.05% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $893B AUM 36.07% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

TRCT

Tower Research Capital (TRC) New York $4.08B AUM 58.77% 1-Year Est. Return

FTUS

Flow Traders U.S. New York $3.16B AUM 19.52% 1-Year Est. Return

Fifth Third Bancorp Cincinnati, Ohio $61.7B AUM 33.76% 1-Year Est. Return

HCM

Hollencrest Capital Management Newport Beach, California $1.54B AUM 30.1% 1-Year Est. Return

TFA

Toth Financial Advisory Leesburg, Virginia $1.02B AUM 28.36% 1-Year Est. Return

Osaic Holdings Scottsdale, Arizona $68.3B AUM 20.5% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

Headlands Technologies's SPYU Position: Q3 2025 in Review

Headlands Technologies sold out of MAX S&P 500 4x Leveraged ETN (SPYU) in Q3 2025, closing a stake of 908 shares — an estimated $19.6K sold.

Headlands Technologies first reported a position in SPYU in Q1 2024 and held it in 3 quarters. The position peaked at $105K in Q1 2024. 12 funds tracked by Wall St. Rank hold SPYU as of Q3 2025.

Headlands Technologies reported no remaining MAX S&P 500 4x Leveraged ETN position as of Q3 2025 after selling out during the quarter.
Headlands Technologies sold 908 MAX S&P 500 4x Leveraged ETN shares in Q3 2025, an estimated $19.6K.
Headlands Technologies first reported a position in MAX S&P 500 4x Leveraged ETN in Q1 2024 and held it in 3 quarters.
Headlands Technologies's MAX S&P 500 4x Leveraged ETN position peaked at $105K in Q1 2024.
12 funds tracked by Wall St. Rank held MAX S&P 500 4x Leveraged ETN as of Q3 2025.

Based on Headlands Technologies's 13F filing for Q3 2025, filed 12 Nov 2025.