INVESTMENT MANAGERS SER TR I BEX
TRADR 2X BE ETF · ETP
· CUSIP 46092D376
13
institutional holders
+7 vs Q1 2026
246,212 246.2k shares reported held*
$14.7m reported value*
10 new1 added2 reduced3 sold outnet sold ≈ $2.8m (-46.2k 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 ≈ $59.81.
Options: 4 managers hold calls
($9.1m notional), 4 hold puts ($22.3m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
0 5 10 15 Q4 25: 3 Q1 26: 6 Q2 26: 13 13 Q4 25 Q1 26 Q2 26
Numbers
Quarter Holders
Q4 2025 3 Q1 2026 6 Q2 2026 13
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
20 0 20 Q1 26: 5 bought or added Q1 26: 0 cut or sold out Q1 26 Q2 26: 11 bought or added Q2 26: 5 cut or sold out Q2 26
Numbers
Quarter Bought or added Cut or sold out
Q1 2026 5 0 Q2 2026 11 5
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
$0 $10m $20m $30m Q3 25 calls: $0 Q3 25 puts: $0 Q3 25 P/C — Q4 25 calls: $496.7k Q4 25 puts: $9.4k Q4 25 P/C 0.02 Q1 26 calls: $2.7m Q1 26 puts: $1.7m Q1 26 P/C 0.61 Q2 26 calls: $9.1m Q2 26 puts: $22.3m Q2 26 P/C 2.44
Numbers
Quarter Calls Puts P/C
Q3 2025 $0 $0 — Q4 2025 $496.7k $9.4k 0.02 Q1 2026 $2.7m $1.7m 0.61 Q2 2026 $9.1m $22.3m 2.44
Biggest buyers
CITADEL ADVISORS LLC New +34,134 +34.1k GOLDMAN SACHS GROUP INC New +28,684 +28.7k GTS SECURITIES LLC New +27,968 +28.0k CITIGROUP INC New +22,716 +22.7k Client First Investment Management LLC New +20,466 +20.5k SUSQUEHANNA INTERNATIONAL GROUP, LLP New +17,834 +17.8k Beacon Pointe Advisors, LLC New +6,000 +6.0k Scientech Research LLC New +5,429 +5.4k Belvedere Trading LLC New +3,350 +3.4k SIMPLEX TRADING, LLC Added +302 +302
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, Q2 2026
# Manager Location Shares
Value % of their portfolio Change Shares change
1
Optiver Holding B.V.
0.04% of their portfolio AMSTERDAM, P7
52,439 52.4k
$3.1m $3.1m
0.04%
Reduced
-20.2k -20,221
2
CITADEL ADVISORS LLC
0.00% of their portfolio MIAMI, FL
34,134 34.1k
$2.0m $2.0m
0.00%
New
3
GOLDMAN SACHS GROUP INC
0.00% of their portfolio NEW YORK, NY
28,684 28.7k
$1.7m $1.7m
0.00%
New
4
GTS SECURITIES LLC
0.04% of their portfolio NEW YORK, NY
27,968 28.0k
$1.7m $1.7m
0.04%
New
5
IMC-Chicago, LLC
0.01% of their portfolio CHICAGO, IL
26,847 26.8k
$1.6m $1.6m
0.01%
Reduced
-8.6k -8,636
6
CITIGROUP INC
0.00% of their portfolio NEW YORK, NY
22,716 22.7k
$1.4m $1.4m
0.00%
New
7
Client First Investment Management LLC
0.52% of their portfolio West Bend, WI
20,466 20.5k
$1.2m $1.2m
0.52%
New
8
SUSQUEHANNA INTERNATIONAL GROUP, LLP
0.00% of their portfolio BALA CYNWYD, PA
17,834 17.8k
$1.1m $1.1m
0.00%
New
9
Beacon Pointe Advisors, LLC
0.00% of their portfolio NEWPORT BEACH, CA
6,000 6.0k
$358.9k $358.9k
0.00%
New
10
Scientech Research LLC
0.26% of their portfolio JERSEY CITY, NJ
5,429 5.4k
$324.7k $324.7k
0.26%
New
11
Belvedere Trading LLC
0.02% of their portfolio CHICAGO, IL
3,350 3.4k
$200.4k $200.4k
0.02%
New
12
SIMPLEX TRADING, LLC
0.00% of their portfolio CHICAGO, IL
342 342
$20.5k $20.5k
0.00%
Added
+302 +302
13
HOLLENCREST CAPITAL MANAGEMENT
0.00% of their portfolio NEWPORT BEACH, CA
3 3
$179 $179
0.00%
New