Who Owns MicroSectors Gold -3x Inverse Leveraged ETN (DULL)?Hedge Fund & Institutional Holders
Institutional Holders
6
as of Q4 2025
Total Institutional Value
$200.0B
% of Float Held
—
QoQ Change in Holders
+5 / -3
Price History
DULL — Biggest New Institutional Buyers This Quarter
| Fund | Action | Shares Added | Value Added |
|---|---|---|---|
| UBS Group AG | New Position | +2K | +$2.0M |
| TWO SIGMA SECURITIES, LLC | New Position | +36K | +$0 |
| GTS SECURITIES LLC | New Position | +19K | +$0 |
| HighTower Advisors, LLC | New Position | +10K | +$0 |
| FLOW TRADERS U.S. LLC | New Position | +35K | +$0 |
DULL — Institutions Reducing or Closing Positions
| Fund | Action | Shares Sold | Value Sold |
|---|---|---|---|
| JANE STREET GROUP, LLC | Decreased | -43K | -$156.0M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Closed Position | -24K | -$59.7M |
| Hurley Capital, LLC | Closed Position | -2K | -$4.1M |
| Allworth Financial LP | Closed Position | -300 | -$753K |
Top Institutional Holders(Q4 2025)
| # | Fund | Shares | Value | % of Portfolio | Type |
|---|---|---|---|---|---|
| 1 | UBS Group AG | 1,597 | $2.0M | 0.00% | Share |
| 2 | HighTower Advisors, LLC | 10,000 | $0 | 0.00% | Share |
| 3 | JANE STREET GROUP, LLC | 19,182 | $0 | 0.00% | Share |
| 4 | TWO SIGMA SECURITIES, LLC | 35,849 | $0 | 0.00% | Share |
| 5 | GTS SECURITIES LLC | 18,996 | $0 | 0.00% | Share |
| 6 | FLOW TRADERS U.S. LLC | 34,665 | $0 | 0.00% | Share |
DULL Institutional Ownership History
| Quarter | Holders | Total Value | Change |
|---|---|---|---|
| Q4 2025 | 6 | $2.0M | +2 |
| Q3 2025 | 4 | $220.7M | +1 |
| Q2 2025 | 3 | $560.8M | +1 |
| Q1 2025 | 2 | $201.5M | +0 |
| Q4 2024 | 2 | $369.0M | +1 |
| Q3 2024 | 1 | $0 | +0 |
| Q2 2024 | 1 | $0 | +0 |
| Q1 2024 | 1 | $0 | — |
Similar Stocks by Institutional Ownership
As of Q4 2025, 6 institutional investors hold DULL (MicroSectors Gold -3x Inverse Leveraged ETN). The largest holder is UBS Group AG with $2.0M in shares. This quarter, 5 institutions opened new positions and 3 closed their positions.
Frequently Asked Questions
How many hedge funds own DULL?
As of Q4 2025, 6 institutional investors report holding DULL (MicroSectors Gold -3x Inverse Leveraged ETN) in their 13F filings.
Who is the largest institutional holder of DULL?
The largest institutional holder of DULL is UBS Group AG with $2.0M in shares.
Is institutional ownership of DULL increasing or decreasing?
This quarter, 5 institutions opened new positions in DULL and 3 closed their positions.