MicroSectors FANG & Innovation 3x Leveraged ETN
BULZ
7 hedge funds and large institutions have $34.2M invested in MicroSectors FANG & Innovation 3x Leveraged ETN in 2025 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 3 closing their positions.
77% more capital invested
Capital invested by funds: $19.3M → $34.2M (+$14.9M)
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
17% more funds holding
Funds holding: 6 → 7 (+1)
1% more ownership
Funds ownership: 21.81% → 22.81% (+1%)
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$882K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$561K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$549K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$298K |
| 5 |
TSS
Two Sigma Securities
New York
|
+$216K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$729K |
| 2 |
HIP
HUB Investment Partners
Austin,
Texas
|
-$469K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$42.2K |
| 4 |
AF
Allworth Financial
Folsom,
California
|
-$3.76K |
BULZ Hedge Fund Activity: Q2 2025 in Review
7 of the 7,612 institutional investors tracked by Wall St. Rank reported a position in MicroSectors FANG & Innovation 3x Leveraged ETN (BULZ) for Q2 2025, worth a combined $34.2M — up 77% from $19.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new BULZ positions and 3 closed out — a net gain of 1 holder — while 1 added to existing stakes and 1 trimmed.
The largest buyer was HRT Financial, opening a new position worth an estimated $882K. The largest seller was BlackRock, exiting entirely with an estimated $729K sold.
- 7 institutional investors held MicroSectors FANG & Innovation 3x Leveraged ETN (BULZ) as of Q2 2025, up from 6 in Q1 2025.
- Funds reported $34.2M of MicroSectors FANG & Innovation 3x Leveraged ETN stock for Q2 2025, up 77% quarter-over-quarter.
- 4 funds opened new MicroSectors FANG & Innovation 3x Leveraged ETN positions in Q2 2025 and 3 closed out, a net change of +1 holder.
- The largest MicroSectors FANG & Innovation 3x Leveraged ETN buyer in Q2 2025 was HRT Financial, an estimated $882K added.
- The largest MicroSectors FANG & Innovation 3x Leveraged ETN seller in Q2 2025 was BlackRock, an estimated $729K sold.
Based on aggregated 13F filings for Q2 2025.