MAX S&P 500 4x Leveraged ETN
SPYU
10 hedge funds and large institutions have $10.1M invested in MAX S&P 500 4x Leveraged ETN in 2024 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
25% more funds holding
Funds holding: 8 → 10 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.32% less ownership
Funds ownership: 15.42% → 12.1% (-3.3%)
10% less capital invested
Capital invested by funds: $11.2M → $10.1M (-$1.09M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$694K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$499K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$409K |
| 4 |
HF
HRT Financial
New York
|
+$269K |
| 5 |
TSS
Two Sigma Securities
New York
|
+$195K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.46M |
| 2 |
Renaissance Technologies
New York
|
-$1.55M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$680K |
| 4 |
GGV
GG Group Ventures
Orlando,
Florida
|
-$24.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Citadel Advisors
Miami,
Florida
| $3.18M | -$680K | -32,082 | -19% |
|
|
GGV
2
GG Group Ventures
Orlando,
Florida
| $2.45M | -$24.2K | -1,140 | -1% |
|
|
3
UBS Group
Zurich,
Switzerland
| $1.44M | +$499K | +23,528 | +62% |
|
|
TRCT
4
Tower Research Capital (TRC)
New York
| $1.21M | +$409K | +19,310 | +60% |
|
|
5
IMC Chicago
Chicago,
Illinois
| $767K | +$694K | +32,724 | New |
|
|
TSS
6
Two Sigma Securities
New York
| $474K | +$195K | +9,180 | +83% |
|
|
HF
7
HRT Financial
New York
| $297K | +$269K | +12,676 | New |
|
8
Goldman Sachs
New York
| $214K | +$194K | +9,144 | New |
|
|
TFA
9
Toth Financial Advisory
Leesburg,
Virginia
| $78K | +$5.85K | +276 | +9% |
|
|
HCM
10
Hollencrest Capital Management
Newport Beach,
California
| $18.6K | +$16.8K | +794 | New |
|
|
11
Jane Street
New York
| – | -$2.46M | -116,768 | Closed |
|
|
12
Renaissance Technologies
New York
| – | -$1.55M | -73,800 | Closed |
|
SPYU Hedge Fund Activity: Q3 2024 in Review
10 of the 6,969 institutional investors tracked by Wall St. Rank reported a position in MAX S&P 500 4x Leveraged ETN (SPYU) for Q3 2024, worth a combined $10.1M — down 9.7% from $11.2M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SPYU positions and 2 closed out — a net gain of 2 holders — while 4 added to existing stakes and 2 trimmed.
The largest buyer was IMC Chicago, opening a new position worth an estimated $694K. The largest seller was Jane Street, exiting entirely with an estimated $2.46M sold.
- 10 institutional investors held MAX S&P 500 4x Leveraged ETN (SPYU) as of Q3 2024, up from 8 in Q2 2024.
- Funds reported $10.1M of MAX S&P 500 4x Leveraged ETN stock for Q3 2024, down 9.7% quarter-over-quarter.
- 4 funds opened new MAX S&P 500 4x Leveraged ETN positions in Q3 2024 and 2 closed out, a net change of +2 holders.
- The largest MAX S&P 500 4x Leveraged ETN buyer in Q3 2024 was IMC Chicago, an estimated $694K added.
- The largest MAX S&P 500 4x Leveraged ETN seller in Q3 2024 was Jane Street, an estimated $2.46M sold.
Based on aggregated 13F filings for Q3 2024.