Defiance Daily Target 2x Long MSTR ETF
MSTX
26 hedge funds and large institutions have $27.1M invested in Defiance Daily Target 2x Long MSTR ETF in 2025 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 20 closing their positions.
32% more call options, than puts
Call options by funds: $107M | Put options by funds: $81.1M
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
0.42% less ownership
Funds ownership: 0.85% → 0.43% (-0.42%)
37% less funds holding
Funds holding: 41 → 26 (-15)
70% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 20
74% less capital invested
Capital invested by funds: $105M → $27.1M (-$78.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$1.99M |
| 2 |
PI
PFG Investments
Woodbury,
New York
|
+$789K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$752K |
| 4 |
IFG
Independent Financial Group
San Diego,
California
|
+$555K |
| 5 |
JF
Jump Financial
Chicago,
Illinois
|
+$463K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$18M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$12.7M |
| 3 |
Citigroup
New York
|
-$7.82M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$3.62M |
| 5 |
VC
Vestor Capital
Chicago,
Illinois
|
-$3.31M |
MSTX Hedge Fund Activity: Q3 2025 in Review
26 of the 7,640 institutional investors tracked by Wall St. Rank reported a position in Defiance Daily Target 2x Long MSTR ETF (MSTX) for Q3 2025, worth a combined $27.1M — down 74% from $105M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of MSTX and 6 opened new positions — a net loss of 14 holders — while 6 trimmed existing stakes and 7 added.
The largest buyer was Barclays, opening a new position worth an estimated $1.99M. The largest seller was UBS Group, cutting an estimated $18M.
- 26 institutional investors held Defiance Daily Target 2x Long MSTR ETF (MSTX) as of Q3 2025, down from 41 in Q2 2025.
- Funds reported $27.1M of Defiance Daily Target 2x Long MSTR ETF stock for Q3 2025, down 74% quarter-over-quarter.
- 6 funds opened new Defiance Daily Target 2x Long MSTR ETF positions in Q3 2025 and 20 closed out, a net change of -14 holders.
- The largest Defiance Daily Target 2x Long MSTR ETF buyer in Q3 2025 was Barclays, an estimated $1.99M added.
- The largest Defiance Daily Target 2x Long MSTR ETF seller in Q3 2025 was UBS Group, an estimated $18M sold.
Based on aggregated 13F filings for Q3 2025.