MAX S&P 500 4x Leveraged ETN
SPYU
7 hedge funds and large institutions have $14.7M invested in MAX S&P 500 4x Leveraged ETN in 2024 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 2 increasing their positions, reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
75% more funds holding
Funds holding: 4 → 7 (+3)
63% more capital invested
Capital invested by funds: $9M → $14.7M (+$5.66M)
24.73% less ownership
Funds ownership: 49.73% → 25% (-25%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$6.15M |
| 2 |
HF
HRT Financial
New York
|
+$3.62M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$2.34M |
| 4 |
GS
GTS Securities
New York
|
+$260K |
| 5 |
HT
Headlands Technologies
Chicago,
Illinois
|
+$90K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
-$8.29M |
| 2 |
Jane Street
New York
|
-$679K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Citigroup
New York
| $7.19M | +$6.15M | +368,000 | New |
|
|
HF
2
HRT Financial
New York
| $4.23M | +$3.62M | +216,568 | New |
|
|
3
Citadel Advisors
Miami,
Florida
| $2.74M | +$2.34M | +140,118 | New |
|
|
GS
4
GTS Securities
New York
| $304K | +$260K | +15,536 | New |
|
|
HT
5
Headlands Technologies
Chicago,
Illinois
| $105K | +$90K | +5,390 | New |
|
|
TRCT
6
Tower Research Capital (TRC)
New York
| $84K | +$38.4K | +2,296 | +115% |
|
|
TFA
7
Toth Financial Advisory
Leesburg,
Virginia
| $1.02K | +$67 | +4 | +8% |
|
|
8
IMC Chicago
Chicago,
Illinois
| – | -$8.29M | -572,708 | Closed |
|
|
9
Jane Street
New York
| – | -$679K | -46,910 | Closed |
|
SPYU Hedge Fund Activity: Q1 2024 in Review
7 of the 6,946 institutional investors tracked by Wall St. Rank reported a position in MAX S&P 500 4x Leveraged ETN (SPYU) for Q1 2024, worth a combined $14.7M — up 63% from $9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new SPYU positions and 2 closed out — a net gain of 3 holders — while 2 added to existing stakes and 0 trimmed.
The largest buyer was Citigroup, opening a new position worth an estimated $6.15M. The largest seller was IMC Chicago, exiting entirely with an estimated $8.29M sold.
- 7 institutional investors held MAX S&P 500 4x Leveraged ETN (SPYU) as of Q1 2024, up from 4 in Q4 2023.
- Funds reported $14.7M of MAX S&P 500 4x Leveraged ETN stock for Q1 2024, up 63% quarter-over-quarter.
- 5 funds opened new MAX S&P 500 4x Leveraged ETN positions in Q1 2024 and 2 closed out, a net change of +3 holders.
- The largest MAX S&P 500 4x Leveraged ETN buyer in Q1 2024 was Citigroup, an estimated $6.15M added.
- The largest MAX S&P 500 4x Leveraged ETN seller in Q1 2024 was IMC Chicago, an estimated $8.29M sold.
Based on aggregated 13F filings for Q1 2024.