Max S&P 500 4X Leveraged ETNSPYUETF
13F holders, Q4 2025 (December 31)12holders
2new positions
2sold out
1famous investor
$55.26avg. 13F price*
At the end of Q4 2025, 12 institutions reported holding Max S&P 500 4X Leveraged ETN (SPYU) in their 13F filings, unchanged from Q3 2025. 2 opened new positions and 2 sold out. The largest holders were Millington Financial Advisors, LLC ($2.7M), Susquehanna International Group, LLP ($1.1M) and Citadel Advisors ($424K). One famous investor held it Ken Griffin (0.0% of Citadel Advisors's portfolio).
- Company
- Max S&P 500 4X Leveraged ETN
- Filed as
- BANK MONTREAL QUE (Q4 2025)
- CUSIP
- 063679567
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 2 | $683K |
| Exits | 2 | $220K |
All 13F filers, Q3 2025 → Q4 2025: 14,161 shares bought and 13,820 shares sold, net +341 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 12 holders
| Millington Financial Advisors, LLC | 1.21% | Reduce -4.2% | 49,259 | $2.7M |
| Susquehanna International Group, LLP | 0.00% | Add +6.9% | 20,829 | $1.1M |
| Citadel Advisors | 0.00% | New | 7,732 | $424K |
| Goldman Sachs Group Inc. | 0.00% | Reduce -44.1% | 7,566 | $415K |
| Mainstay Capital Management LLC | 0.02% | New | 4,727 | $259K |
| Tower Research Capital LLC (TRC) | 0.01% | Reduce -28.0% | 4,085 | $224K |
| Fifth Third Bancorp | 0.00% | No change | 449 | $25K |
| UBS Group AG | 0.00% | Add +800.0% | 396 | $22K |
| Hollencrest Capital Management | 0.00% | No change | 223 | $12K |
| Osaic Holdings, Inc. | 0.00% | No change | 106 | $6K |
| Toth Financial Advisory Corp. | 0.00% | Reduce -27.3% | 80 | $4K |
| Royal Bank of Canada | 0.00% | No change | 20 | $1K |
"% 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.