ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B
SMHB
3 hedge funds and large institutions have $212K invested in ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B in 2025 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 1 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
0.71% less ownership
Funds ownership: 1.57% → 0.86% (-0.71%)
25% less funds holding
Funds holding: 4 → 3 (-1)
50% less capital invested
Capital invested by funds: $423K → $212K (-$212K)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$151K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$366K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$313 |
SMHB Hedge Fund Activity: Q2 2025 in Review
3 of the 7,607 institutional investors tracked by Wall St. Rank reported a position in ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B (SMHB) for Q2 2025, worth a combined $212K — down 50% from $423K a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of SMHB and 0 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 1 added.
The largest buyer was Susquehanna International Group, adding an estimated $151K. The largest seller was Jane Street, exiting entirely with an estimated $366K sold.
- 3 institutional investors held ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B (SMHB) as of Q2 2025, down from 4 in Q1 2025.
- Funds reported $212K of ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B stock for Q2 2025, down 50% quarter-over-quarter.
- 0 funds opened new ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B positions in Q2 2025 and 1 closed out, a net change of -1 holder.
- The largest ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B buyer in Q2 2025 was Susquehanna International Group, an estimated $151K added.
- The largest ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B seller in Q2 2025 was Jane Street, an estimated $366K sold.
Based on aggregated 13F filings for Q2 2025.