VOLATILITY SHS TR SOLZ
SOLANA ETF · ETP · CUSIP 92864M822
33
institutional holders
-12 vs Q1 2026
891.0k
shares reported held*
$6.6mreported value*
5 new
10 added
8 reduced
17 sold out
net sold ≈ $26.7k (-3.6k 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 ≈ $7.40. Options: 2 managers hold calls ($1.3m notional), 4 hold puts ($2.0m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q1 2025 | 2 |
| Q2 2025 | 7 |
| Q3 2025 | 42 |
| Q4 2025 | 38 |
| Q1 2026 | 45 |
| Q2 2026 | 33 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2025 | 6 | 1 |
| Q3 2025 | 41 | 3 |
| Q4 2025 | 22 | 27 |
| Q1 2026 | 25 | 14 |
| Q2 2026 | 15 | 25 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $11.3m | $27.5m | 2.43 |
| Q4 2025 | $6.3m | $4.5m | 0.71 |
| Q1 2026 | $1.3m | $853.5k | 0.65 |
| Q2 2026 | $1.3m | $2.0m | 1.62 |
Biggest buyers
| Tactive Advisors, LLC | Added | +169.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +113.5k |
| IMC-Chicago, LLC | Added | +81.6k |
| Lauer Wealth, LLC | New | +52.7k |
| SIMPLEX TRADING, LLC | Added | +28.4k |
| FLOW TRADERS U.S. LLC | New | +26.3k |
| Focus Partners Wealth | New | +22.6k |
| StoneX Group Inc. | New | +14.4k |
| Rye Brook Capital LLC | Added | +3.8k |
| Integrated Wealth Concepts LLC | New | +229 |
Biggest sellers
| ENVESTNET ASSET MANAGEMENT INC | Sold out | -271.8k |
| Galaxy Digital Capital Management GP LLC | Sold out | -98.3k |
| NEUBERGER BERMAN GROUP LLC | Reduced | -86.9k |
| CITADEL ADVISORS LLC | Reduced | -12.6k |
| BANK OF AMERICA CORP /DE/ | Sold out | -10.3k |
| Maridea Wealth Management LLC | Reduced | -8.0k |
| Activest Wealth Management | Sold out | -4.9k |
| Opal Wealth Advisors, LLC | Sold out | -3.4k |
| Parallel Advisors, LLC | Sold out | -3.4k |
| GROUP ONE TRADING LLC | Reduced | -2.8k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $805.2k109.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $447.2k60.6k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $914.4k123.9k shares |
| CITADEL ADVISORS LLC | Added | $561.6k76.1k shares |
| NEUBERGER BERMAN GROUP LLC | New | $451.7k61.2k shares |
| JANE STREET GROUP, LLC | Reduced | $98.2k13.3k 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 |
|---|---|---|
| Tactive Advisors, LLC 0.35% of their portfolio | 192.6k $1.4m | Added +169.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 143.8k $1.1m | Added +113.5k |
| IMC-Chicago, LLC 0.01% of their portfolio | 128.7k $949.5k | Added +81.6k |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 61.2k $451.7k | Reduced -86.9k |
| VR Advisory Services Ltd 0.04% of their portfolio | 58.0k $428.0k | Unchanged |
| Lauer Wealth, LLC 0.28% of their portfolio | 52.7k $407.4k | New |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 29.6k $218.6k | Added +28.4k |
| FLOW TRADERS U.S. LLC 0.01% of their portfolio | 26.3k $194.0k | New |
| San Luis Wealth Advisors LLC 0.03% of their portfolio | 23.2k $171.0k | Added +82 |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 22.7k $167.9k | Reduced -12.6k |
| Focus Partners Wealth 0.00% of their portfolio | 22.6k $167.3k | New |
| Estate Planners Group, LLC 0.07% of their portfolio | 21.7k $160.3k | Reduced -2.3k |
| Rye Brook Capital LLC 0.10% of their portfolio | 18.4k $136.0k | Added +3.8k |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 16.1k $118.8k | Added +33 |
| StoneX Group Inc. 0.00% of their portfolio | 14.4k $106.6k | New |
| Maridea Wealth Management LLC 0.01% of their portfolio | 12.4k $91.5k | Reduced -8.0k |
| Visionary Wealth Advisors 0.00% of their portfolio | 11.9k $87.9k | Reduced -2.1k |
| Vienna Asset Management LLC 0.06% of their portfolio | 10.7k $79.1k | Added +5 |
| SIGNATUREFD, LLC 0.00% of their portfolio | 10.1k $74.3k | Added +56 |
| ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio | 6.0k $44.3k | Unchanged |
| MONTAG A & ASSOCIATES INC 0.00% of their portfolio | 1.6k $12.2k | Reduced -1.1k |
| Glass Jacobson Investment Advisors llc 0.00% of their portfolio | 1.5k $11.3k | Unchanged |
| GROUP ONE TRADING LLC 0.00% of their portfolio | 1.4k $10.1k | Reduced -2.8k |
| Caitlin John, LLC 0.00% of their portfolio | 1.2k $8.9k | Reduced -27 |
| Strategic Wealth Partners, Ltd. 0.00% of their portfolio | 700 $5.2k | Unchanged |
| Quaker Wealth Management, LLC 0.00% of their portfolio | 534 $3.9k | Added +1 |
| CHESAPEAKE ASSET MANAGEMENT LLC 0.00% of their portfolio | 300 $2.2k | Unchanged |
| Integrated Wealth Concepts LLC 0.00% of their portfolio | 229 $1.7k | New |
| Ankerstar Wealth, LLC 0.00% of their portfolio | 140 $1.0k | Unchanged |
| TOTH FINANCIAL ADVISORY CORP 0.00% of their portfolio | 100 $738 | Unchanged |
| Allied Private Wealth LLC 0.00% of their portfolio | 100 $775 | First filing |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 25 $185 | Unchanged |
| High Note Wealth, LLC 0.00% of their portfolio | 10 $74 | Unchanged |