ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B
SMHB
4 hedge funds and large institutions have $299K invested in ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B in 2025 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 1 closing their positions.
36% more capital invested
Capital invested by funds: $220K → $299K (+$79.3K)
0% more funds holding
Funds holding: 4 → 4 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$156K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$46.8K |
| 2 |
Morgan Stanley
New York
|
-$5 |
SMHB Hedge Fund Activity: Q4 2025 in Review
4 of the 8,256 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 Q4 2025, worth a combined $299K — up 36% from $220K a quarter earlier.
Fund positioning in SMHB was balanced in Q4 2025: 1 fund opened new positions, 1 closed out, 1 added to existing stakes and 1 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $156K. The largest seller was Susquehanna International Group, cutting an estimated $46.8K.
- 4 institutional investors held ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B (SMHB) as of Q4 2025, unchanged from Q3 2025.
- Funds reported $299K of ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B stock for Q4 2025, up 36% quarter-over-quarter.
- 1 fund opened new ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B positions in Q4 2025 and 1 closed out, a net change of 0 holders.
- The largest ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B buyer in Q4 2025 was Jane Street, an estimated $156K added.
- The largest ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B seller in Q4 2025 was Susquehanna International Group, an estimated $46.8K sold.
Based on aggregated 13F filings for Q4 2025.