MAX S&P 500 4x Leveraged ETN
SPYU
12 hedge funds and large institutions have $19.2M invested in MAX S&P 500 4x Leveraged ETN in 2024 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 3 closing their positions.
90% more capital invested
Capital invested by funds: $10.1M → $19.2M (+$9.1M)
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
20% more funds holding
Funds holding: 10 → 12 (+2)
5.71% more ownership
Funds ownership: 6.05% → 11.76% (+5.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$12M |
| 2 |
Jane Street
New York
|
+$2.71M |
| 3 |
GGV
GG Group Ventures
Orlando,
Florida
|
+$589K |
| 4 |
Renaissance Technologies
New York
|
+$338K |
| 5 |
TFA
Toth Financial Advisory
Leesburg,
Virginia
|
+$24.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$2.81M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.51M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.25M |
| 4 |
TSS
Two Sigma Securities
New York
|
-$474K |
| 5 |
HF
HRT Financial
New York
|
-$297K |
SPYU Hedge Fund Activity: Q4 2024 in Review
12 of the 7,612 institutional investors tracked by Wall St. Rank reported a position in MAX S&P 500 4x Leveraged ETN (SPYU) for Q4 2024, worth a combined $19.2M — up 90% from $10.1M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new SPYU positions and 3 closed out — a net gain of 2 holders — while 3 added to existing stakes and 4 trimmed.
The largest buyer was IMC Chicago, adding an estimated $12M. The largest seller was Citadel Advisors, cutting an estimated $2.81M.
- 12 institutional investors held MAX S&P 500 4x Leveraged ETN (SPYU) as of Q4 2024, up from 10 in Q3 2024.
- Funds reported $19.2M of MAX S&P 500 4x Leveraged ETN stock for Q4 2024, up 90% quarter-over-quarter.
- 5 funds opened new MAX S&P 500 4x Leveraged ETN positions in Q4 2024 and 3 closed out, a net change of +2 holders.
- The largest MAX S&P 500 4x Leveraged ETN buyer in Q4 2024 was IMC Chicago, an estimated $12M added.
- The largest MAX S&P 500 4x Leveraged ETN seller in Q4 2024 was Citadel Advisors, an estimated $2.81M sold.
Based on aggregated 13F filings for Q4 2024.