MicroSectors FANG & Innovation 3x Leveraged ETN
BULZ
6 hedge funds and large institutions have $13.7M invested in MicroSectors FANG & Innovation 3x Leveraged ETN in 2025 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
48% more capital invested
Capital invested by funds: $9.27M → $13.7M (+$4.46M)
20% more funds holding
Funds holding: 5 → 6 (+1)
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Avestar Capital
New York
|
+$5.07M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.22M |
| 3 |
LFG
Larson Financial Group
St Louis,
Missouri
|
+$273K |
| 4 |
TSS
Two Sigma Securities
New York
|
+$223K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$1.13M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$915K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$40.4K |
BULZ Hedge Fund Activity: Q4 2025 in Review
6 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in MicroSectors FANG & Innovation 3x Leveraged ETN (BULZ) for Q4 2025, worth a combined $13.7M — up 48% from $9.27M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new BULZ positions and 1 closed out — a net gain of 1 holder — while 2 added to existing stakes and 2 trimmed.
The largest buyer was Avestar Capital, opening a new position worth an estimated $5.07M. The largest seller was Renaissance Technologies, exiting entirely with an estimated $1.13M sold.
- 6 institutional investors held MicroSectors FANG & Innovation 3x Leveraged ETN (BULZ) as of Q4 2025, up from 5 in Q3 2025.
- Funds reported $13.7M of MicroSectors FANG & Innovation 3x Leveraged ETN stock for Q4 2025, up 48% quarter-over-quarter.
- 2 funds opened new MicroSectors FANG & Innovation 3x Leveraged ETN positions in Q4 2025 and 1 closed out, a net change of +1 holder.
- The largest MicroSectors FANG & Innovation 3x Leveraged ETN buyer in Q4 2025 was Avestar Capital, an estimated $5.07M added.
- The largest MicroSectors FANG & Innovation 3x Leveraged ETN seller in Q4 2025 was Renaissance Technologies, an estimated $1.13M sold.
Based on aggregated 13F filings for Q4 2025.