MicroSectors Gold -3x Inverse Leveraged ETN
DULL
2 hedge funds and large institutions have $561K invested in MicroSectors Gold -3x Inverse Leveraged ETN in 2025 Q2 according to their latest regulatory filings, with 2 funds opening new positions, increasing their positions, 0 reducing their positions, and 2 closing their positions.
178% more capital invested
Capital invested by funds: $202K → $561K (+$359K)
0% more funds holding
Funds holding: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
0.08% less ownership
Funds ownership: 0.16% → 0.08% (-0.08%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$314K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$277K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
-$200K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.48K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $298K | +$314K | +1,484 | New |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $263K | +$277K | +1,313 | New |
|
|
3
IMC Chicago
Chicago,
Illinois
| – | -$200K | -783 | Closed |
|
|
TRCT
4
Tower Research Capital (TRC)
New York
| – | -$1.48K | -6 | Closed |
|
DULL Hedge Fund Activity: Q2 2025 in Review
2 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in MicroSectors Gold -3x Inverse Leveraged ETN (DULL) for Q2 2025, worth a combined $561K — up 178% from $202K a quarter earlier.
Fund positioning in DULL was balanced in Q2 2025: 2 funds opened new positions, 2 closed out, 0 added to existing stakes and 0 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $314K. The largest seller was IMC Chicago, exiting entirely with an estimated $200K sold.
- 2 institutional investors held MicroSectors Gold -3x Inverse Leveraged ETN (DULL) as of Q2 2025, unchanged from Q1 2025.
- Funds reported $561K of MicroSectors Gold -3x Inverse Leveraged ETN stock for Q2 2025, up 178% quarter-over-quarter.
- 2 funds opened new MicroSectors Gold -3x Inverse Leveraged ETN positions in Q2 2025 and 2 closed out, a net change of 0 holders.
- The largest MicroSectors Gold -3x Inverse Leveraged ETN buyer in Q2 2025 was Jane Street, an estimated $314K added.
- The largest MicroSectors Gold -3x Inverse Leveraged ETN seller in Q2 2025 was IMC Chicago, an estimated $200K sold.
Based on aggregated 13F filings for Q2 2025.