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MSTX

Defiance Daily Target 2x Long MSTR ETF
MSTX

25 hedge funds and large institutions have $7.43M invested in Defiance Daily Target 2x Long MSTR ETF in 2026 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

105% more call options, than puts

Call options by funds: $40.3M | Put options by funds: $19.7M

80% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 5

2.82% more ownership

Funds ownership: 0.59% → 3.41% (+2.8%)

40% less funds holding

Funds holding: 42 → 25 (-17)

51% less capital invested

Capital invested by funds: $15.3M → $7.43M (-$7.87M)

64% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 25

Holders
25
Holders Change
-17
Holders Change %
-40.48%
% of All Funds
0.31%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
9
Increased
9
Reduced
5
Closed
25
Calls
$40.3M
Puts
$19.7M
Net Calls
+$20.6M
Net Calls Change
+$14.2M

Top Buyers

Rank Fund Capital Flow
1
SG
StoneX Group
New York
+$1.28M
2
FTUS
Flow Traders U.S.
New York
+$1.2M
3
Renaissance Technologies
Renaissance Technologies
New York
+$840K
4
FIA
Foundations Investment Advisors
Arizona
+$450K
5
SH
SLT Holdings
Arizona
+$450K

Top Sellers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$3.73M
2
UBS Group
UBS Group
Switzerland
-$783K
3
FFA
Farther Finance Advisors
California
-$433K
4
Simplex Trading
Simplex Trading
Illinois
-$378K
5
Optiver Holding
Optiver Holding
Netherlands
-$375K
Name Holding Trade Value Shares
Change 		Change in
Stake
FFA
26
Farther Finance Advisors
California
– -$433K -11,253 Closed
Simplex Trading
27
Simplex Trading
Illinois
– -$378K -9,820 Closed
Millennium Management
28
Millennium Management
New York
– -$308K -8,000 Closed
KA
29
Kovack Advisors
Florida
– -$264K -6,850 Closed
TSS
30
Two Sigma Securities
New York
– -$223K -5,804 Closed
CIA
31
Concurrent Investment Advisors
Florida
– -$204K -5,311 Closed
OMC
32
Old Mission Capital
Illinois
– -$181K -4,701 Closed
PI
33
PFG Investments
New York
– -$154K -4,000 Closed
DF
34
Daviman Financial
Indiana
– -$139K -3,608 Closed
HIP
35
HUB Investment Partners
Texas
– -$105K -2,734 Closed
SF
36
Summit Financial
New Jersey
– -$86.2K -2,238 Closed
GSIAS
37
Garden State Investment Advisory Services
New Jersey
– -$73K -1,895 Closed
PWP
38
Pursue Wealth Partners
California
– -$70K -1,823 Closed
DWM
39
Diversify Wealth Management
Utah
– -$72.8K -1,500 Closed
TA
40
Tactive Advisors
Florida
– -$43.4K -1,128 Closed
TC
41
T3 Companies
New York
– -$41.6K -1,080 Closed
TCM
42
Triumph Capital Management
Colorado
– -$28.9K -750 Closed
Citigroup
43
Citigroup
New York
– -$23.1K -600 Closed
TRCT
44
Tower Research Capital (TRC)
New York
– -$14K -363 Closed
AW
45
Ankerstar Wealth
Texas
– -$13K -338 Closed
SWM
46
Spire Wealth Management
Virginia
– -$9.63K -250 Closed
Carson Wealth (CWM LLC)
47
Carson Wealth (CWM LLC)
Nebraska
– -$7K -187 Closed
ACA
48
Aptus Capital Advisors
Alabama
– -$2.14K -56 Closed
BHWM
49
Beaird Harris Wealth Management
Texas
– -$1.03K -27 Closed
JP Morgan Chase
50
JP Morgan Chase
New York
– -$31 -1 Closed
1
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MSTX Hedge Fund Activity: Q1 2026 in Review

25 of the 8,127 institutional investors tracked by Wall St. Rank reported a position in Defiance Daily Target 2x Long MSTR ETF (MSTX) for Q1 2026, worth a combined $7.43M — down 51% from $15.3M a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of MSTX and 9 opened new positions — a net loss of 16 holders — while 5 trimmed existing stakes and 9 added.

The largest buyer was StoneX Group, adding an estimated $1.28M. The largest seller was Susquehanna International Group, cutting an estimated $3.73M.

  • 25 institutional investors held Defiance Daily Target 2x Long MSTR ETF (MSTX) as of Q1 2026, down from 42 in Q4 2025.
  • Funds reported $7.43M of Defiance Daily Target 2x Long MSTR ETF stock for Q1 2026, down 51% quarter-over-quarter.
  • 9 funds opened new Defiance Daily Target 2x Long MSTR ETF positions in Q1 2026 and 25 closed out, a net change of -16 holders.
  • The largest Defiance Daily Target 2x Long MSTR ETF buyer in Q1 2026 was StoneX Group, an estimated $1.28M added.
  • The largest Defiance Daily Target 2x Long MSTR ETF seller in Q1 2026 was Susquehanna International Group, an estimated $3.73M sold.

Based on aggregated 13F filings for Q1 2026.