Who Owns Daily Target 1.5X Short MSTR ETF (SMST)?Hedge Fund & Institutional Holders
Institutional Holders
20
as of Q4 2025
Total Institutional Value
$3.00000020000002e+49T
% of Float Held
—
QoQ Change in Holders
+8 / -3
Price History
SMST — Biggest New Institutional Buyers This Quarter
| Fund | Action | Shares Added | Value Added |
|---|---|---|---|
| Jump Financial, LLC | New Position | +26K | +$2.0B |
| Optiver Holding B.V. | Increased | +7K | +$868.7M |
| Bank of New York Mellon Corp | New Position | +7K | +$0 |
| GTS SECURITIES LLC | New Position | +3K | +$0 |
| FLOW TRADERS U.S. LLC | New Position | +6K | +$0 |
| SIMPLEX TRADING, LLC | New Position | +4K | +$0 |
| Headlands Technologies LLC | New Position | +3K | +$0 |
| JANE STREET GROUP, LLC | New Position | +3K | +$0 |
| Belvedere Trading LLC | New Position | +3K | +$0 |
| Tower Research Capital LLC (TRC) | Increased | +2K | +$-14.0M |
SMST — Institutions Reducing or Closing Positions
| Fund | Action | Shares Sold | Value Sold |
|---|---|---|---|
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Decreased | -20K | -$796.9M |
| UBS Group AG | Decreased | -10K | -$270.6M |
| CITADEL ADVISORS LLC | Closed Position | -7K | -$215.4M |
| GROUP ONE TRADING LLC | Closed Position | -3K | -$89.8M |
| CITIGROUP INC | Closed Position | -1 | -$29K |
Top Institutional Holders(Q4 2025)
| # | Fund | Shares | Value | % of Portfolio | Type |
|---|---|---|---|---|---|
| 1 | CITADEL ADVISORS LLC | 37,400 | $3.0B | 0.45% | Put |
| 2 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 31,600 | $2.0B | 0.23% | Put |
| 3 | Jump Financial, LLC | 26,480 | $2.0B | 24.57% | Share |
| 4 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 16,100 | $1.0B | 0.12% | Call |
| 5 | Optiver Holding B.V. | 10,685 | $991.0M | 0.37% | Share |
| 6 | UBS Group AG | 229 | $21.0M | 0.00% | Share |
| 7 | JANE STREET GROUP, LLC | 11,000 | $1.0M | 0.00% | Call |
| 8 | JANE STREET GROUP, LLC | 16,400 | $1.0M | 0.00% | Put |
| 9 | FLOW TRADERS U.S. LLC | 5,985 | $0 | 0.00% | Share |
| 10 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 3,399 | $0 | 0.00% | Share |
| 11 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 3,684 | $0 | 0.00% | Share |
| 12 | Tower Research Capital LLC (TRC) | 2,534 | $0 | 0.00% | Share |
| 13 | Headlands Technologies LLC | 2,506 | $0 | 0.00% | Share |
| 14 | JANE STREET GROUP, LLC | 2,831 | $0 | 0.00% | Share |
| 15 | CITADEL ADVISORS LLC | 6,900 | $0 | 0.00% | Call |
| 16 | SIMPLEX TRADING, LLC | 4,341 | $0 | 0.00% | Share |
| 17 | GTS SECURITIES LLC | 3,271 | $0 | 0.00% | Share |
| 18 | Bank of New York Mellon Corp | 7,000 | $0 | 0.00% | Share |
| 19 | Belvedere Trading LLC | 2,665 | $0 | 0.00% | Share |
| 20 | Belvedere Trading LLC | 3,200 | $0 | 0.00% | Call |
SMST Institutional Ownership History
| Quarter | Holders | Total Value | Change |
|---|---|---|---|
| Q4 2025 | 12 | $3.0B | +5 |
| Q3 2025 | 7 | $1.5B | -2 |
| Q2 2025 | 9 | $1.5B | — |
Similar Stocks by Institutional Ownership
As of Q4 2025, 20 institutional investors hold SMST (Daily Target 1.5X Short MSTR ETF). The largest holder is CITADEL ADVISORS LLC with $3.0B in shares. This quarter, 8 institutions opened new positions and 3 closed their positions.
Frequently Asked Questions
How many hedge funds own SMST?
As of Q4 2025, 20 institutional investors report holding SMST (Daily Target 1.5X Short MSTR ETF) in their 13F filings.
Who is the largest institutional holder of SMST?
The largest institutional holder of SMST is CITADEL ADVISORS LLC with $3.0B in shares.
Is institutional ownership of SMST increasing or decreasing?
This quarter, 8 institutions opened new positions in SMST and 3 closed their positions.