Quadratic Deflation ETFBNDDETF

13F holders, Q4 2025 (December 31)
10holders +1
2new positions
3sold out
1famous investor
$95.77avg. 13F price*

At the end of Q4 2025, 10 institutions reported holding Quadratic Deflation ETF (BNDD) in their 13F filings, up 1 from Q3 2025. 2 opened new positions and 3 sold out. The largest holders were Private Advisor Group, LLC ($1.9M), Hilltop Holdings Inc. ($1.5M) and Capital Financial Group Inc\co\ ($537K). One famous investor held it Ken Griffin (0.0% of Citadel Advisors's portfolio).

Company
Quadratic Deflation ETF
Filed as
KRANESHARES TRUST (Q4 2025)
CUSIP
500767181
Latest filing quarter
Q2 2026

History

Number of 13F holders

051015 Q3 2025: 9Q3 2025Q4 2025: 10Q4 2025Q1 2026: 8Q1 2026Q2 2026: 14Q2 2026

Total Exit/New Position Q3 2025 → Q4 2025

InstitutionsTotal Value
New Positions2$1.7M
Exits3$59K

All 13F filers, Q3 2025 → Q4 2025: 18,350 shares bought and 2,405 shares sold, net +15,945 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 10 holders

Private Advisor Group, LLC 0.01% Reduce -7.6% 20,133 $1.9M
Hilltop Holdings Inc. 0.09% New 15,375 $1.5M
Capital Financial Group Inc\co\ 0.30% — 5,609 $537K
Citadel Advisors 0.00% Add +7.8% 3,935 $377K
Jane Street Group, LLC 0.00% New 2,692 $258K
HighTower Advisors, LLC 0.00% No change 2,597 $249K
Wells Fargo & Company 0.00% No change 93 $9K
UBS Group AG 0.00% Reduce -71.8% 60 $6K
Estate Planners Group, LLC 0.00% — 24 $2K
Solstein Capital, LLC 0.00% No change 3 $287

"% of holder's portfolio" is BNDD's weight in each manager's 13F, not the share of Quadratic Deflation ETF the manager owns.