ETRACS 2x Leveraged US Size Factor TR ETN
IWML
2 hedge funds and large institutions have $595K invested in ETRACS 2x Leveraged US Size Factor TR ETN in 2025 Q4 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, 1 reducing their positions, and 1 closing their positions.
0% more funds holding
Funds holding: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
25% less capital invested
Capital invested by funds: $790K → $595K (-$195K)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$514 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$212K |
| 2 |
IMC Chicago
Chicago,
Illinois
|
-$47 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
IMC Chicago
Chicago,
Illinois
| $595K | -$47 | -2 | -0% |
|
|
2
UBS Group
Zurich,
Switzerland
| $516 | +$514 | +22 | New |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$212K | -9,295 | Closed |
|
IWML Hedge Fund Activity: Q4 2025 in Review
2 of the 8,230 institutional investors tracked by Wall St. Rank reported a position in ETRACS 2x Leveraged US Size Factor TR ETN (IWML) for Q4 2025, worth a combined $595K — down 25% from $790K a quarter earlier.
Fund positioning in IWML was balanced in Q4 2025: 1 fund opened new positions, 1 closed out, 0 added to existing stakes and 1 trimmed.
The largest buyer was UBS Group, opening a new position worth an estimated $514. The largest seller was Susquehanna International Group, exiting entirely with an estimated $212K sold.
- 2 institutional investors held ETRACS 2x Leveraged US Size Factor TR ETN (IWML) as of Q4 2025, unchanged from Q3 2025.
- Funds reported $595K of ETRACS 2x Leveraged US Size Factor TR ETN stock for Q4 2025, down 25% quarter-over-quarter.
- 1 fund opened new ETRACS 2x Leveraged US Size Factor TR ETN positions in Q4 2025 and 1 closed out, a net change of 0 holders.
- The largest ETRACS 2x Leveraged US Size Factor TR ETN buyer in Q4 2025 was UBS Group, an estimated $514 added.
- The largest ETRACS 2x Leveraged US Size Factor TR ETN seller in Q4 2025 was Susquehanna International Group, an estimated $212K sold.
Based on aggregated 13F filings for Q4 2025.