Defiance Daily Target 2x Long MSTR ETF
MSTX
41 hedge funds and large institutions have $105M invested in Defiance Daily Target 2x Long MSTR ETF in 2025 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 12 closing their positions.
87% more capital inflows, than outflows
Capital inflows: $51.3M | Capital outflows: $27.5M
37% more call options, than puts
Call options by funds: $180M | Put options by funds: $131M
3% more funds holding
Funds holding: 40 → 41 (+1)
2.11% more ownership
Funds ownership: 6.56% → 8.66% (+2.1%)
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$16.7M |
| 2 |
Goldman Sachs
New York
|
+$14.2M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$11.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$3.33M |
| 5 |
Vestor Capital
Chicago,
Illinois
|
+$2.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$10.6M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$7.97M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
-$1.55M |
| 4 |
Scientech Research LLC
Jersey City,
New Jersey
|
-$1.35M |
| 5 |
Optiver Holding
Amsterdam,
Netherlands
|
-$1.14M |
MSTX Hedge Fund Activity: Q2 2025 in Review
41 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Defiance Daily Target 2x Long MSTR ETF (MSTX) for Q2 2025, worth a combined $105M — up 107% from $50.8M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new MSTX positions and 12 closed out — a net gain of 1 holder — while 9 added to existing stakes and 11 trimmed.
The largest buyer was UBS Group, adding an estimated $16.7M. The largest seller was Jane Street, cutting an estimated $10.6M.
- 41 institutional investors held Defiance Daily Target 2x Long MSTR ETF (MSTX) as of Q2 2025, up from 40 in Q1 2025.
- Funds reported $105M of Defiance Daily Target 2x Long MSTR ETF stock for Q2 2025, up 107% quarter-over-quarter.
- 13 funds opened new Defiance Daily Target 2x Long MSTR ETF positions in Q2 2025 and 12 closed out, a net change of +1 holder.
- The largest Defiance Daily Target 2x Long MSTR ETF buyer in Q2 2025 was UBS Group, an estimated $16.7M added.
- The largest Defiance Daily Target 2x Long MSTR ETF seller in Q2 2025 was Jane Street, an estimated $10.6M sold.
Based on aggregated 13F filings for Q2 2025.