MAX S&P 500 4x Leveraged ETN
SPYU
8 hedge funds and large institutions have $11.2M invested in MAX S&P 500 4x Leveraged ETN in 2024 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
14% more funds holding
Funds holding: 7 → 8 (+1)
9.58% less ownership
Funds ownership: 25% → 15.42% (-9.6%)
24% less capital invested
Capital invested by funds: $14.7M → $11.2M (-$3.45M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.19M |
| 2 |
Renaissance Technologies
New York
|
+$1.38M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$710K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$526K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$513K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$7.19M |
| 2 |
HF
HRT Financial
New York
|
-$4.23M |
| 3 |
GS
GTS Securities
New York
|
-$304K |
| 4 |
HT
Headlands Technologies
Chicago,
Illinois
|
-$105K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Citadel Advisors
Miami,
Florida
| $3.53M | +$513K | +27,402 | +20% |
|
|
2
Jane Street
New York
| $2.46M | +$2.19M | +116,768 | New |
|
|
GGV
3
GG Group Ventures
Orlando,
Florida
| $1.89M | +$1.82M | +97,178 | New |
|
|
4
Renaissance Technologies
New York
| $1.55M | +$1.38M | +73,800 | New |
|
|
5
UBS Group
Zurich,
Switzerland
| $799K | +$710K | +37,934 | New |
|
|
TRCT
6
Tower Research Capital (TRC)
New York
| $682K | +$526K | +28,082 | +653% |
|
|
TSS
7
Two Sigma Securities
New York
| $233K | +$207K | +11,044 | New |
|
|
TFA
8
Toth Financial Advisory
Leesburg,
Virginia
| $64.3K | +$56.1K | +3,000 | +5,769% |
|
|
9
Citigroup
New York
| – | -$7.19M | -368,000 | Closed |
|
|
HF
10
HRT Financial
New York
| – | -$4.23M | -216,568 | Closed |
|
|
GS
11
GTS Securities
New York
| – | -$304K | -15,536 | Closed |
|
|
HT
12
Headlands Technologies
Chicago,
Illinois
| – | -$105K | -5,390 | Closed |
|
SPYU Hedge Fund Activity: Q2 2024 in Review
8 of the 6,929 institutional investors tracked by Wall St. Rank reported a position in MAX S&P 500 4x Leveraged ETN (SPYU) for Q2 2024, worth a combined $11.2M — down 24% from $14.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new SPYU positions and 4 closed out — a net gain of 1 holder — while 3 added to existing stakes and 0 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $2.19M. The largest seller was Citigroup, exiting entirely with an estimated $7.19M sold.
- 8 institutional investors held MAX S&P 500 4x Leveraged ETN (SPYU) as of Q2 2024, up from 7 in Q1 2024.
- Funds reported $11.2M of MAX S&P 500 4x Leveraged ETN stock for Q2 2024, down 24% quarter-over-quarter.
- 5 funds opened new MAX S&P 500 4x Leveraged ETN positions in Q2 2024 and 4 closed out, a net change of +1 holder.
- The largest MAX S&P 500 4x Leveraged ETN buyer in Q2 2024 was Jane Street, an estimated $2.19M added.
- The largest MAX S&P 500 4x Leveraged ETN seller in Q2 2024 was Citigroup, an estimated $7.19M sold.
Based on aggregated 13F filings for Q2 2024.