TIDAL TRUST II MSTX
DEFIANCE DAILY T · ETP · CUSIP 88636W221
22
institutional holders
-3 vs Q1 2026
890.5k
shares reported held*
$8.1mreported value*
7 new
8 added
1 reduced
10 sold out
net bought ≈ $3.8m (+510.3k 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 ≈ $9.14. Options: 5 managers hold calls ($21.6m notional), 5 hold puts ($7.1m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q1 2026 | 25 |
| Q2 2026 | 22 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $0 | $0 | — |
| Q4 2025 | $0 | $0 | — |
| Q1 2026 | $40.3m | $19.7m | 0.49 |
| Q2 2026 | $21.6m | $7.1m | 0.33 |
Biggest buyers
| UBS Group AG | Added | +203.5k |
| JANE STREET GROUP, LLC | Added | +152.0k |
| StoneX Group Inc. | Added | +145.4k |
| CITADEL ADVISORS LLC | New | +72.0k |
| OLD MISSION CAPITAL LLC | New | +38.3k |
| Optiver Holding B.V. | Added | +32.0k |
| Mariner, LLC | Added | +16.0k |
| Concurrent Investment Advisors, LLC | New | +15.2k |
| HighTower Advisors, LLC | Added | +8.4k |
| Jump Financial, LLC | Added | +5.3k |
Biggest sellers
| FLOW TRADERS U.S. LLC | Sold out | -39.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -34.5k |
| RENAISSANCE TECHNOLOGIES LLC | Sold out | -28.0k |
| HRT FINANCIAL LP | Sold out | -25.2k |
| Genesis Financial Group, LLC | Sold out | -20.0k |
| Foundations Investment Advisors, LLC | Sold out | -15.0k |
| SLT Holdings LLC | Sold out | -15.0k |
| GROUP ONE TRADING LLC | Reduced | -2.8k |
| Bogart Wealth, LLC | Sold out | -1.4k |
| Philadelphia Investment Partners, LLC | Sold out | -705 |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $16.2m2.2m shares |
| CITADEL ADVISORS LLC | Added | $4.0m543.7k shares |
| JANE STREET GROUP, LLC | Added | $1.0m140.8k shares |
| Belvedere Trading LLC | New | $317.8k61.9k shares |
| Philadelphia Investment Partners, LLC | New | $23832 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $4.7m626.8k shares |
| CITADEL ADVISORS LLC | Added | $1.7m231.0k shares |
| JANE STREET GROUP, LLC | Added | $534.9k71.9k shares |
| K2 PRINCIPAL FUND, L.P. | New | $186.0k25.0k shares |
| Belvedere Trading LLC | New | $22.3k3.0k 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, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| UBS Group AG 0.00% of their portfolio | 203.8k $1.5m | Added +203.5k |
| StoneX Group Inc. 0.12% of their portfolio | 191.9k $2.9m | Added +145.4k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 164.0k $1.2m | Added +152.0k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 72.0k $535.9k | New |
| Optiver Holding B.V. 0.01% of their portfolio | 53.1k $394.9k | Added +32.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 40.0k $297.6k | Unchanged |
| OLD MISSION CAPITAL LLC 0.01% of their portfolio | 38.3k $284.9k | New |
| Mariner, LLC 0.00% of their portfolio | 37.7k $280.2k | Added +16.0k |
| Jump Financial, LLC 0.00% of their portfolio | 22.4k $166.4k | Added +5.3k |
| GROUP ONE TRADING LLC 0.00% of their portfolio | 22.3k $165.7k | Reduced -2.8k |
| HighTower Advisors, LLC 0.00% of their portfolio | 19.8k $147.0k | Added +8.4k |
| Concurrent Investment Advisors, LLC 0.00% of their portfolio | 15.2k $113.2k | New |
| Parallel Advisors, LLC 0.00% of their portfolio | 4.7k $34.7k | Added +2.5k |
| MORGAN STANLEY 0.00% of their portfolio | 2.9k $21.9k | Unchanged |
| Colonial Trust Advisors 0.00% of their portfolio | 1.0k $7.4k | New |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 691 $5.1k | New |
| Elequin Capital, LP 0.00% of their portfolio | 379 $2.8k | New |
| Chung Wu Investment Group, LLC 0.00% of their portfolio | 200 $1.5k | New |
| MassMutual Private Wealth & Trust, FSB 0.00% of their portfolio | 153 $1.1k | Unchanged |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 130 $967 | Unchanged |
| Clearstead Advisors, LLC 0.00% of their portfolio | 31 $231 | Unchanged |
| Fortitude Family Office, LLC 0.00% of their portfolio | 9 $67 | Unchanged |