Vault-13

GRANITESHARES ETF TR NVDL

2X LONG NVDA DAI · ETP · CUSIP 38747R827

72 institutional holders -1 vs Q4 2024
7,323,3397.3m shares reported held*
$273.9mreported value*
22 new 30 added 15 reduced 23 sold out net sold ≈ $181.9m (-4.9m 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 ≈ $37.39. Options: 8 managers hold calls ($292.7m notional), 7 hold puts ($183.7m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q4 22: 2Q1 23: 5Q2 23: 7Q3 23: 14Q4 23: 17Q1 24: 39Q2 24: 57Q3 24: 71Q4 24: 73Q1 25: 7272Q4 22Q2 23Q4 23Q2 24Q4 24Q1 25
Numbers
QuarterHolders
Q4 20222
Q1 20235
Q2 20237
Q3 202314
Q4 202317
Q1 202439
Q2 202457
Q3 202471
Q4 202473
Q1 202572

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 23: 5 bought or addedQ2 23: 2 cut or sold outQ3 23: 12 bought or addedQ3 23: 5 cut or sold outQ3 23Q4 23: 12 bought or addedQ4 23: 7 cut or sold outQ1 24: 37 bought or addedQ1 24: 7 cut or sold outQ1 24Q2 24: 41 bought or addedQ2 24: 24 cut or sold outQ3 24: 50 bought or addedQ3 24: 19 cut or sold outQ3 24Q4 24: 45 bought or addedQ4 24: 35 cut or sold outQ1 25: 52 bought or addedQ1 25: 38 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 202352
Q3 2023125
Q4 2023127
Q1 2024377
Q2 20244124
Q3 20245019
Q4 20244535
Q1 20255238

Calls vs puts

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

CallsPuts
$0$100m$200m$300m$400mQ2 24 calls: $104.3mQ2 24 puts: $228.6mQ2 24P/C 2.19Q3 24 calls: $283.8mQ3 24 puts: $262.7mQ3 24P/C 0.93Q4 24 calls: $337.0mQ4 24 puts: $286.3mQ4 24P/C 0.85Q1 25 calls: $292.7mQ1 25 puts: $183.7mQ1 25P/C 0.63
Numbers
QuarterCallsPutsP/C
Q2 2024$104.3m$228.6m2.19
Q3 2024$283.8m$262.7m0.93
Q4 2024$337.0m$286.3m0.85
Q1 2025$292.7m$183.7m0.63

Biggest buyers

UBS Group AG Added +1,673,993+1.7m
IMC-Chicago, LLC New +470,234+470.2k
APEIRON CAPITAL Ltd Added +438,920+438.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +380,492+380.5k
RENAISSANCE TECHNOLOGIES LLC New +195,500+195.5k
CITIGROUP INC New +150,000+150.0k
GROUP ONE TRADING LLC Added +130,789+130.8k
Optiver Holding B.V. Added +113,197+113.2k
FLOW TRADERS U.S. LLC New +105,609+105.6k
Marex Group Ltd New +72,214+72.2k

Biggest sellers

JANE STREET GROUP, LLC Reduced -6,271,926-6.3m
MORGAN STANLEY Reduced -518,378-518.4k
JPMORGAN CHASE & CO Reduced -429,985-430.0k
BARCLAYS PLC Sold out -374,684-374.7k
LMR Partners LLP Sold out -370,000-370.0k
CITADEL ADVISORS LLC Reduced -308,215-308.2k
Belvedere Trading LLC Reduced -178,021-178.0k
TORNO CAPITAL, LLC Sold out -130,000-130.0k
Oriental Harbor Investment Master Fund Reduced -63,046-63.0k
Brookstone Capital Management Sold out -38,231-38.2k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $194.4m5.2m shares
CITADEL ADVISORS LLC Added $80.4m2.1m shares
JANE STREET GROUP, LLC Added $11.5m308.4k shares
Walleye Trading LLC Added $4.1m110.8k shares
WOLVERINE TRADING, LLC Added $1.9m49.0k shares
Belvedere Trading LLC Reduced $235.6k6.3k shares
B. Riley Wealth Advisors, Inc. New $149.6k4.0k shares
HAP Trading, LLC Reduced $28.0k14.6k shares

Biggest puts

JANE STREET GROUP, LLC Added $73.5m2.0m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $67.4m1.8m shares
CITADEL ADVISORS LLC Reduced $39.0m1.0m shares
Walleye Trading LLC Added $2.9m78.2k shares
WOLVERINE TRADING, LLC Reduced $630.8k16.6k shares
Belvedere Trading LLC Reduced $172.0k4.6k shares
HAP Trading, LLC New $117.4k11.2k 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 UBS Group AG 0.02% of their portfolio ZURICH, V8 1,963,3182.0m $73.4m $73.4m 0.02% Added +1.7m +1,673,993
2 APEIRON CAPITAL Ltd 32.66% of their portfolio HONG KONG, K3 1,900,0001.9m $71.1m $71.1m 32.66% Added +438.9k +438,920
3 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.04% of their portfolio BALA CYNWYD, PA 727,396727.4k $27.2m $27.2m 0.04% Added +380.5k +380,492
4 IMC-Chicago, LLC 0.68% of their portfolio CHICAGO, IL 470,234470.2k $17.6m $17.6m 0.68% New
5 Oriental Harbor Investment Master Fund 1.79% of their portfolio HONG KONG, K3 416,275416.3k $15.6m $15.6m 1.79% Reduced -63.0k -63,046
6 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 195,500195.5k $7.3m $7.3m 0.01% New
7 GROUP ONE TRADING LLC 0.27% of their portfolio CHICAGO, IL 176,433176.4k $6.6m $6.6m 0.27% Added +130.8k +130,789
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 173,793173.8k $6.5m $6.5m 0.00% Reduced -518.4k -518,378
9 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 150,000150.0k $5.6m $5.6m 0.00% New
10 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 135,570135.6k $5.1m $5.1m 0.01% Added +7.5k +7,468
11 Optiver Holding B.V. 0.19% of their portfolio AMSTERDAM, P7 132,459132.5k $5.0m $5.0m 0.19% Added +113.2k +113,197
12 FLOW TRADERS U.S. LLC 0.17% of their portfolio NEW YORK, NY 105,609105.6k $4.0m $4.0m 0.17% New
13 TRUE Private Wealth Advisors 0.35% of their portfolio Salem, OR 76,23876.2k $2.9m $2.9m 0.35% Added +1.1k +1,068
14 HRT FINANCIAL LP 0.02% of their portfolio NEW YORK, NY 73,48473.5k $2.7m $2.7m 0.02% Added +54.5k +54,540
15 Marex Group Ltd 0.05% of their portfolio London, X0 72,21472.2k $2.7m $2.7m 0.05% New
16 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 66,15566.2k $2.5m $2.5m 0.00% Reduced -6.3m -6,271,926
17 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 61,82161.8k $2.3m $2.3m 0.00% Reduced -308.2k -308,215
18 Sequoia Financial Advisors, LLC 0.01% of their portfolio Akron, OH 37,82337.8k $1.4m $1.4m 0.01% Added +12.5k +12,508
19 HOEY INVESTMENTS, INC 0.26% of their portfolio COATESVILLE, PA 35,75135.8k $1.3m $1.3m 0.26% Added +17.5k +17,503
20 GatePass Capital, LLC 0.85% of their portfolio INDEPENDENCE, OH 30,27230.3k $1.1m $1.1m 0.85% Added +2.5k +2,475
21 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 29,26429.3k $1.1m $1.1m 0.01% Added +15.9k +15,931
22 Mariner, LLC 0.00% of their portfolio Overland Park, KS 26,76026.8k $1.0m $1.0m 0.00% New
23 Belvedere Trading LLC 0.08% of their portfolio CHICAGO, IL 25,80325.8k $965.0k $965.0k 0.08% Reduced -178.0k -178,021
24 SBI Securities Co., Ltd. 0.03% of their portfolio TOKYO, M0 25,66825.7k $960.0k $960.0k 0.03% Reduced -24.1k -24,143
25 XTX Topco Ltd 0.03% of their portfolio LONDON, X0 17,59517.6k $658.1k $658.1k 0.03% New
26 DIVERSIFY WEALTH MANAGEMENT, LLC 0.04% of their portfolio SANDY, UT 15,70415.7k $548.1k $548.1k 0.04% Added +704 +704
27 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 13,74113.7k $513.9k $513.9k 0.00% Reduced -425 -425
28 PFG Investments, LLC 0.03% of their portfolio WOODBURY, NY 13,40013.4k $501.2k $501.2k 0.03% New
29 Claro Advisors Inc. 0.06% of their portfolio BOSTON, MA 12,76112.8k $477.3k $477.3k 0.06% Added +842 +842
30 Prosperity Wealth Management, Inc. 0.21% of their portfolio San Ramon, CA 12,22512.2k $457.2k $457.2k 0.21% Reduced -5.9k -5,875
31 Scientech Research LLC 0.12% of their portfolio JERSEY CITY, NJ 12,14112.1k $454.1k $454.1k 0.12% New
32 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 11,60011.6k $433.8k $433.8k 0.00% Added +4.6k +4,600
33 Sigma Planning Corp 0.01% of their portfolio ANN ARBOR, MI 11,04511.0k $413.1k $413.1k 0.01% Added +2.3k +2,326
34 TWO SIGMA SECURITIES, LLC 0.06% of their portfolio NEW YORK, NY 10,18910.2k $381.1k $381.1k 0.06% New
35 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 9,5029.5k $355.4k $355.4k 0.00% Added +3.6k +3,575
36 NorthCoast Asset Management LLC 0.00% of their portfolio STAMFORD, CT 8,0008.0k $299.2k $299.2k 0.00% Added +3.0k +3,000
37 Sovereign Financial Group, Inc. 0.06% of their portfolio STAMFORD, CT 7,3207.3k $273.8k $273.8k 0.06% Added +20 +20
38 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 6,9857.0k $261.2k $261.2k 0.00% Reduced -430.0k -429,985
39 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 6,4176.4k $240.0k $240.0k 0.00% Added +1.0k +1,000
40 Strategic Blueprint, LLC 0.01% of their portfolio ATLANTA, GA 5,7005.7k $213.2k $213.2k 0.01% Added +700 +700
41 VESTOR CAPITAL, LLC 0.01% of their portfolio CHICAGO, IL 4,6004.6k $172.0k $172.0k 0.01% Added +2.2k +2,200
42 Larson Financial Group LLC 0.01% of their portfolio ST LOUIS, MO 4,4924.5k $168.0k $168.0k 0.01% Added +2.0k +1,960
43 B. Riley Wealth Advisors, Inc. 0.00% of their portfolio MEMPHIS, TN 4,0004.0k $149.6k $149.6k 0.00% New
44 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 3,3343.3k $124.0k $124.0k 0.00% Reduced -223 -223
45 CENTAURUS FINANCIAL, INC. 0.01% of their portfolio ANAHEIM, CA 3,3003.3k $123.0k $123.0k 0.01% Added +1.2k +1,200
46 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 3,0003.0k $112.2k $112.2k 0.00% New
47 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 3,0003.0k $112.2k $112.2k 0.00% New
48 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 2,8502.9k $106.6k $106.6k 0.00% Added +1.3k +1,275
49 HOLLENCREST CAPITAL MANAGEMENT 0.00% of their portfolio NEWPORT BEACH, CA 2,4302.4k $90.9k $90.9k 0.00% Added +190 +190
50 THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. 0.01% of their portfolio INDIANAPOLIS, IN 2,1252.1k $79.5k $79.5k 0.01% New
51 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,7001.7k $63.6k $63.6k 0.00% Added +1.3k +1,345
52 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,5871.6k $59.4k $59.4k 0.00% Reduced -1.2k -1,163
53 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 1,3001.3k $48.6k $48.6k 0.00% Reduced -1.0k -1,000
54 Cherry Tree Wealth Management, LLC 0.01% of their portfolio MINNETONKA, MN 1,0471.0k $39.2k $39.2k 0.01% New
55 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 1,0001.0k $37.4k $37.4k 0.00% Added +600 +600
56 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 328328 $12.3k $12.3k 0.00% Reduced -760 -760
57 OPTIMUM INVESTMENT ADVISORS 0.00% of their portfolio Chicago, IL 220220 $8.2k $8.2k 0.00% New
58 MJT & Associates Financial Advisory Group, Inc. 0.01% of their portfolio MONTEVIDEO, MN 210210 $7.9k $7.9k 0.01% First filing
59 Headlands Technologies LLC 0.00% of their portfolio CHICAGO, IL 160160 $6.0k $6.0k 0.00% New
60 PINNEY & SCOFIELD, INC. 0.00% of their portfolio CAMBRIDGE, MA 150150 $5.6k $5.6k 0.00% Unchanged
61 Aventura Private Wealth, LLC 0.00% of their portfolio AVENTURA, FL 100100 $3.7k $3.7k 0.00% New
62 Pineridge Advisors LLC 0.00% of their portfolio ST. CHARLES, MO 5050 $1.9k $1.9k 0.00% New
63 Strategic Investment Solutions, Inc. /IL 0.00% of their portfolio ORLAND PARK, IL 4545 $1.7k $1.7k 0.00% Unchanged
64 SVB WEALTH LLC 0.00% of their portfolio BOSTON, MA 3636 $1.3k $1.3k 0.00% New
65 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 3030 $1.1k $1.1k 0.00% Reduced -1.1k -1,140
66 Nordwand Advisors, LLC 0.00% of their portfolio RADNOR, PA 2222 $823 $823 0.00% New
67 Archer Investment Corp 0.00% of their portfolio Carmel, IN 2020 $748 $748 0.00% New
68 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 1919 $711 $711 0.00% Unchanged
69 HANTZ FINANCIAL SERVICES, INC. 0.00% of their portfolio SOUTHFIELD, MI 1616 $1.0k $1.0k 0.00% Added +6 +6
70 Tradewinds Capital Management, LLC 0.00% of their portfolio BELLINGHAM, WA 22 $75 $75 0.00% Reduced -12 -12
71 Activest Wealth Management 0.00% of their portfolio AVENTURA, FL 11 $32 $32 0.00% Added +1 +1
72 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged