MicroSectors Gold -3x Inverse Leveraged ETN
DULL
4 hedge funds and large institutions have $221K invested in MicroSectors Gold -3x Inverse Leveraged ETN in 2025 Q3 according to their latest regulatory filings, with 2 funds opening new positions, increasing their positions, 2 reducing their positions, and 0 closing their positions.
100% more funds holding
Funds holding: 2 → 4 (+2)
0.08% less ownership
Funds ownership: 0.08% → 0% (-0.08%)
61% less capital invested
Capital invested by funds: $561K → $221K (-$340K)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HC
Hurley Capital
New York
|
+$5.85K |
| 2 |
AF
Allworth Financial
Folsom,
California
|
+$1.06K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$148K |
| 2 |
Jane Street
New York
|
-$42.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $156K | -$42.8K | -241 | -16% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $59.7K | -$148K | -837 | -64% |
|
|
HC
3
Hurley Capital
New York
| $4.14K | +$5.85K | +33 | New |
|
|
AF
4
Allworth Financial
Folsom,
California
| $753 | +$1.06K | +6 | New |
|
DULL Hedge Fund Activity: Q3 2025 in Review
4 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in MicroSectors Gold -3x Inverse Leveraged ETN (DULL) for Q3 2025, worth a combined $221K — down 61% from $561K a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new DULL positions and 0 closed out — a net gain of 2 holders — while 0 added to existing stakes and 2 trimmed.
The largest buyer was Hurley Capital, opening a new position worth an estimated $5.85K. The largest seller was Susquehanna International Group, cutting an estimated $148K.
- 4 institutional investors held MicroSectors Gold -3x Inverse Leveraged ETN (DULL) as of Q3 2025, up from 2 in Q2 2025.
- Funds reported $221K of MicroSectors Gold -3x Inverse Leveraged ETN stock for Q3 2025, down 61% quarter-over-quarter.
- 2 funds opened new MicroSectors Gold -3x Inverse Leveraged ETN positions in Q3 2025 and 0 closed out, a net change of +2 holders.
- The largest MicroSectors Gold -3x Inverse Leveraged ETN buyer in Q3 2025 was Hurley Capital, an estimated $5.85K added.
- The largest MicroSectors Gold -3x Inverse Leveraged ETN seller in Q3 2025 was Susquehanna International Group, an estimated $148K sold.
Based on aggregated 13F filings for Q3 2025.