Vault-13

TEUCRIUM COMMODITY TR CANE

SUGAR FD · ETP · CUSIP 88166A409

13 institutional holders +1 vs Q3 2025
294,323294.3k shares reported held*
$2.9mreported value*
2 new 3 added 4 reduced 2 sold out net sold ≈ $11.7k (-1.2k 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 ≈ $9.78. Options: 3 managers hold calls ($226.4k notional), 0 hold puts (—).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 18Q4 22: 21Q1 23: 21Q2 23: 17Q3 23: 15Q4 23: 17Q1 24: 18Q2 24: 15Q3 24: 14Q4 24: 10Q1 25: 10Q2 25: 8Q3 25: 12Q4 25: 1313Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 202218
Q4 202221
Q1 202321
Q2 202317
Q3 202315
Q4 202317
Q1 202418
Q2 202415
Q3 202414
Q4 202410
Q1 202510
Q2 20258
Q3 202512
Q4 202513

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q1 24: 9 bought or addedQ1 24: 9 cut or sold outQ2 24: 2 bought or addedQ2 24: 13 cut or sold outQ2 24Q3 24: 6 bought or addedQ3 24: 6 cut or sold outQ4 24: 3 bought or addedQ4 24: 11 cut or sold outQ4 24Q1 25: 5 bought or addedQ1 25: 5 cut or sold outQ2 25: 2 bought or addedQ2 25: 5 cut or sold outQ2 25Q3 25: 8 bought or addedQ3 25: 3 cut or sold outQ4 25: 5 bought or addedQ4 25: 6 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 202499
Q2 2024213
Q3 202466
Q4 2024311
Q1 202555
Q2 202525
Q3 202583
Q4 202556

Calls vs puts

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

CallsPuts
$0$100k$200k$300kQ1 25 calls: $179.5kQ1 25 puts: $56.2kQ1 25P/C 0.31Q2 25 calls: $16.4kQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $287.3kQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $226.4kQ4 25 puts: $0Q4 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q1 2025$179.5k$56.2k0.31
Q2 2025$16.4k$00.00
Q3 2025$287.3k$00.00
Q4 2025$226.4k$00.00

Biggest buyers

SUSQUEHANNA INTERNATIONAL GROUP, LLP New +18,947+18.9k
JANE STREET GROUP, LLC Added +14,320+14.3k
FLOW TRADERS U.S. LLC Added +11,862+11.9k
CITADEL ADVISORS LLC Added +2,615+2.6k
Steward Partners Investment Advisory, LLC New +405+405

Biggest sellers

OPPENHEIMER & CO INC Sold out -40,599-40.6k
OSAIC HOLDINGS, INC. Reduced -4,016-4.0k
MORGAN STANLEY Reduced -2,144-2.1k
SIMPLEX TRADING, LLC Reduced -2,054-2.1k
SIGNATUREFD, LLC Sold out -400-400
UBS Group AG Reduced -138-138

Biggest calls

CITADEL ADVISORS LLC New $112.2k11.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $99.6k10.2k shares
GROUP ONE TRADING LLC Unchanged $14.6k1.5k shares

Biggest puts

None

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.

Insider purchases and sales in Q4 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q4 2025.

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Teucrium Investment Advisors, LLC 1.75% of their portfolio BURLINGTON, VT 163,083163.1k $1.6m $1.6m 1.75% First filing
2 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 28,20228.2k $275.1k $275.1k 0.00% Added +14.3k +14,320
3 FLOW TRADERS U.S. LLC 0.01% of their portfolio NEW YORK, NY 27,62927.6k $270.0k $270.0k 0.01% Added +11.9k +11,862
4 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 18,94718.9k $184.8k $184.8k 0.00% New
5 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 17,50017.5k $170.7k $170.7k 0.00% Added +2.6k +2,615
6 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 14,92614.9k $145.6k $145.6k 0.00% Reduced -2.1k -2,054
7 Belvedere Trading LLC 0.02% of their portfolio CHICAGO, IL 11,54711.5k $112.6k $112.6k 0.02% Unchanged
8 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 9,9009.9k $96.6k $96.6k 0.00% Unchanged
9 Crews Bank & Trust 0.00% of their portfolio PORT CHARLOTTE, FL 1,5001.5k $14.6k $14.6k 0.00% Unchanged
10 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 583583 $5.7k $5.7k 0.00% Reduced -4.0k -4,016
11 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 405405 $4.0k $4.0k 0.00% New
12 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 100100 $976 $976 0.00% Reduced -2.1k -2,144
13 UBS Group AG 0.00% of their portfolio ZURICH, V8 11 $10 $10 0.00% Reduced -138 -138