Max S&P 500 4X Leveraged ETNSPYUETF
13F holders, Q3 2025 (September 30)12holders
4new positions
4sold out
$53.24avg. 13F price*
At the end of Q3 2025, 12 institutions reported holding Max S&P 500 4X Leveraged ETN (SPYU) in their 13F filings, unchanged from Q2 2025. 4 opened new positions and 4 sold out. The largest holders were Millington Financial Advisors, LLC ($2.7M), Susquehanna International Group, LLP ($1.1M) and Goldman Sachs Group Inc. ($735K).
- Company
- Max S&P 500 4X Leveraged ETN
- Filed as
- BANK MONTREAL QUE (Q3 2025)
- CUSIP
- 063679567
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q2 2025 → Q3 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 4 | $31K |
| Exits | 4 | $1.6M |
All 13F filers, Q2 2025 → Q3 2025: 8,807 shares bought and 61,067 shares sold, net −52,260 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 12 holders
| Millington Financial Advisors, LLC | 1.31% | Add +11.5% | 51,431 | $2.7M |
| Susquehanna International Group, LLP | 0.00% | Reduce -44.2% | 19,479 | $1.1M |
| Goldman Sachs Group Inc. | 0.00% | Add +7.1% | 13,544 | $735K |
| Tower Research Capital LLC (TRC) | 0.01% | Add +55.8% | 5,676 | $308K |
| Flow Traders U.S. LLC | 0.01% | Reduce -58.4% | 4,046 | $220K |
| Fifth Third Bancorp | 0.00% | New | 449 | $24K |
| Hollencrest Capital Management | 0.00% | Reduce -18.3% | 223 | $12K |
| Toth Financial Advisory Corp. | 0.00% | Reduce -91.3% | 110 | $6K |
| Osaic Holdings, Inc. | 0.00% | New | 106 | $5K |
| UBS Group AG | 0.00% | Reduce -94.3% | 44 | $2K |
| Royal Bank of Canada | 0.00% | New | 20 | $1K |
| BNP Paribas Financial Markets | 0.00% | New | 3 | $163 |
"% of holder's portfolio" is SPYU's weight in each manager's 13F, not the share of Max S&P 500 4X Leveraged ETN the manager owns.