Defiance Daily Target 2x Long MSTR ETF
MSTX
42 hedge funds and large institutions have $15.3M invested in Defiance Daily Target 2x Long MSTR ETF in 2025 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 13 increasing their positions, 4 reducing their positions, and 6 closing their positions.
267% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 6
225% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 4
76% more call options, than puts
Call options by funds: $15M | Put options by funds: $8.5M
62% more funds holding
Funds holding: 26 → 42 (+16)
0.16% more ownership
Funds ownership: 0.43% → 0.59% (+0.16%)
43% less capital invested
Capital invested by funds: $27.1M → $15.3M (-$11.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$16.6M |
| 2 |
Optiver Holding
Amsterdam,
Netherlands
|
+$3.48M |
| 3 |
Group One Trading
Chicago,
Illinois
|
+$1.22M |
| 4 |
FFA
Farther Finance Advisors
San Francisco,
California
|
+$1.22M |
| 5 |
HF
HRT Financial
New York
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$2.63M |
| 2 |
Barclays
London,
United Kingdom
|
-$1.35M |
| 3 |
AFAS
Acorn Financial Advisory Services
Reston,
Virginia
|
-$780K |
| 4 |
SWP
Sagespring Wealth Partners
Franklin,
Tennessee
|
-$430K |
| 5 |
IFG
Independent Financial Group
San Diego,
California
|
-$376K |
MSTX Hedge Fund Activity: Q4 2025 in Review
42 of the 8,270 institutional investors tracked by Wall St. Rank reported a position in Defiance Daily Target 2x Long MSTR ETF (MSTX) for Q4 2025, worth a combined $15.3M — down 43% from $27.1M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new MSTX positions and 6 closed out — a net gain of 16 holders — while 13 added to existing stakes and 4 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $16.6M. The largest seller was UBS Group, cutting an estimated $2.63M.
- 42 institutional investors held Defiance Daily Target 2x Long MSTR ETF (MSTX) as of Q4 2025, up from 26 in Q3 2025.
- Funds reported $15.3M of Defiance Daily Target 2x Long MSTR ETF stock for Q4 2025, down 43% quarter-over-quarter.
- 22 funds opened new Defiance Daily Target 2x Long MSTR ETF positions in Q4 2025 and 6 closed out, a net change of +16 holders.
- The largest Defiance Daily Target 2x Long MSTR ETF buyer in Q4 2025 was Susquehanna International Group, an estimated $16.6M added.
- The largest Defiance Daily Target 2x Long MSTR ETF seller in Q4 2025 was UBS Group, an estimated $2.63M sold.
Based on aggregated 13F filings for Q4 2025.