Vault-13

GRANITESHARES ETF TR CONL

2X LONG COIN DAI · ETP · CUSIP 38747R801

20 institutional holders +0 vs Q4 2024
1,552,2091.6m shares reported held*
$21.5mreported value*
7 new 1 added 10 reduced 8 sold out net sold ≈ $47.4m (-3.4m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $13.86. Options: 6 managers hold calls ($21.4m notional), 4 hold puts ($15.0m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

01020Q3 22: 2Q4 22: 1Q1 23: 5Q2 23: 4Q3 23: 4Q4 23: 9Q1 24: 11Q2 24: 13Q3 24: 17Q4 24: 20Q1 25: 2020Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 20222
Q4 20221
Q1 20235
Q2 20234
Q3 20234
Q4 20239
Q1 202411
Q2 202413
Q3 202417
Q4 202420
Q1 202520

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
20020Q2 23: 3 bought or addedQ2 23: 2 cut or sold outQ3 23: 2 bought or addedQ3 23: 3 cut or sold outQ3 23Q4 23: 7 bought or addedQ4 23: 1 cut or sold outQ1 24: 9 bought or addedQ1 24: 5 cut or sold outQ1 24Q2 24: 10 bought or addedQ2 24: 5 cut or sold outQ3 24: 12 bought or addedQ3 24: 7 cut or sold outQ3 24Q4 24: 18 bought or addedQ4 24: 8 cut or sold outQ1 25: 8 bought or addedQ1 25: 18 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 202332
Q3 202323
Q4 202371
Q1 202495
Q2 2024105
Q3 2024127
Q4 2024188
Q1 2025818

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20m$40m$60mQ2 24 calls: $21.5mQ2 24 puts: $10.8mQ2 24P/C 0.50Q3 24 calls: $16.2mQ3 24 puts: $9.0mQ3 24P/C 0.56Q4 24 calls: $40.3mQ4 24 puts: $46.7mQ4 24P/C 1.16Q1 25 calls: $21.4mQ1 25 puts: $15.0mQ1 25P/C 0.70
Numbers
QuarterCallsPutsP/C
Q2 2024$21.5m$10.8m0.50
Q3 2024$16.2m$9.0m0.56
Q4 2024$40.3m$46.7m1.16
Q1 2025$21.4m$15.0m0.70

Biggest buyers

IMC-Chicago, LLC New +194,179+194.2k
Tower Research Capital LLC (TRC) New +21,704+21.7k
GatePass Capital, LLC New +16,518+16.5k
HUB Investment Partners, LLC New +12,000+12.0k
XTX Topco Ltd New +10,292+10.3k
Headlands Technologies LLC Added +3,106+3.1k
IFP Advisors, Inc New +2,000+2.0k
Larson Financial Group LLC New +135+135

Biggest sellers

JANE STREET GROUP, LLC Reduced -3,051,930-3.1m
DRIVE WEALTH MANAGEMENT, LLC Sold out -215,750-215.8k
CITADEL ADVISORS LLC Reduced -118,083-118.1k
Belvedere Trading LLC Sold out -87,199-87.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -85,884-85.9k
Optiver Holding B.V. Sold out -28,078-28.1k
SBI Securities Co., Ltd. Reduced -20,828-20.8k
JPMORGAN CHASE & CO Reduced -14,207-14.2k
MORGAN STANLEY Reduced -12,790-12.8k
CITIGROUP INC Reduced -12,000-12.0k

Biggest calls

JANE STREET GROUP, LLC New $9.5m684.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.8m271.2k shares
CITADEL ADVISORS LLC Reduced $3.2m228.8k shares
IMC-Chicago, LLC Reduced $2.9m278.5k shares
GROUP ONE TRADING LLC Added $2.1m195.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

JANE STREET GROUP, LLC Added $6.2m446.6k shares
CITADEL ADVISORS LLC Reduced $5.2m373.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.3m240.8k shares
TORNO CAPITAL, LLC Not comparable $342.3k24.7k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 700,000700.0k $9.7m $9.7m 0.01% Reduced -12.0k -12,000
2 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 352,049352.0k $4.9m $4.9m 0.01% Reduced -3.1m -3,051,930
3 IMC-Chicago, LLC 0.10% of their portfolio CHICAGO, IL 194,179194.2k $2.7m $2.7m 0.10% New
4 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 53,23953.2k $737.9k $737.9k 0.00% Reduced -85.9k -85,884
5 SBI Securities Co., Ltd. 0.02% of their portfolio TOKYO, M0 43,44243.4k $602.1k $602.1k 0.02% Reduced -20.8k -20,828
6 Prosperity Wealth Management, Inc. 0.24% of their portfolio San Ramon, CA 37,10037.1k $514.2k $514.2k 0.24% Reduced -125 -125
7 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 34,68934.7k $480.8k $480.8k 0.00% Reduced -12.8k -12,790
8 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 30,83430.8k $427.4k $427.4k 0.00% Reduced -118.1k -118,083
9 SIMPLEX TRADING, LLC 0.02% of their portfolio CHICAGO, IL 30,68530.7k $425.0k $425.0k 0.02% Reduced -10.9k -10,949
10 Tower Research Capital LLC (TRC) 0.01% of their portfolio NEW YORK, NY 21,70421.7k $300.8k $300.8k 0.01% New
11 GatePass Capital, LLC 0.17% of their portfolio INDEPENDENCE, OH 16,51816.5k $228.9k $228.9k 0.17% New
12 HUB Investment Partners, LLC 0.01% of their portfolio AUSTIN, TX 12,00012.0k $166.3k $166.3k 0.01% New
13 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 10,29210.3k $142.6k $142.6k 0.01% New
14 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 9,4899.5k $131.5k $131.5k 0.00% Reduced -14.2k -14,207
15 Headlands Technologies LLC 0.01% of their portfolio CHICAGO, IL 3,2233.2k $44.7k $44.7k 0.01% Added +3.1k +3,106
16 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 2,0002.0k $27.7k $27.7k 0.00% New
17 TORNO CAPITAL, LLC 0.01% of their portfolio COHASSET, MA 628628 $8.7k $8.7k 0.01% Not comparable
18 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 135135 $1.9k $1.9k 0.00% New
19 UBS Group AG 0.00% of their portfolio ZURICH, V8 33 $42 $42 0.00% Reduced -4.1k -4,118
20 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged