SCHEDULE 13G/A: Mizuho Financial Group Discloses 15.2% Stake in GraniteShares 2x Long SMCI Daily ETF

Mizuho Financial Group, Inc. has filed an amended Schedule 13G, disclosing a 15.2% beneficial ownership stake in the GraniteShares 2x Long SMCI Daily ETF as of March 31, 2025.

Summary

• Mizuho Financial Group, Inc. reported beneficial ownership of 492,684 shares of GraniteShares 2x Long SMCI Daily ETF.
• This ownership represents 15.2% of the total class of securities.
• Mizuho Financial Group, Inc. holds sole voting power and sole dispositive power over all 492,684 shares.
• The beneficial ownership is indirect, primarily through Rakuten Securities, Inc., an affiliated company accounted for by the equity method.
• The filing is an Amendment No. 1 to a Schedule 13G, indicating an update to previously reported ownership or status.

Sentiment

Score: 5

Explanation: The document is a factual regulatory filing disclosing beneficial ownership. It does not contain information that would inherently lead to a positive or negative sentiment, as it's a compliance disclosure rather than a performance report or strategic announcement.

Positives

• Mizuho Financial Group, Inc. has established a significant 15.2% beneficial ownership stake in the GraniteShares 2x Long SMCI Daily ETF, indicating a notable investment position by a major financial institution.

Future Outlook

Not applicable, as Schedule 13G filings are backward-looking disclosures of beneficial ownership and do not typically contain forward-looking statements or guidance.

Industry Context

This filing indicates a significant investment by a major Japanese financial institution, Mizuho Financial Group, in a specific leveraged ETF focused on SMCI (Super Micro Computer, Inc.). This highlights the continued interest of large financial players in specialized ETF products and potentially reflects a bullish view on the underlying asset (SMCI) or a strategy to gain leveraged exposure to it. The indirect ownership through Rakuten Securities, Inc. also points to the complex interconnections within global financial groups.

Related Party Transactions

• Mizuho Financial Group, Inc. and Mizuho Securities, Co., Ltd. are deemed indirect beneficial owners of the equity securities directly held by Rakuten Securities, Inc., which is an affiliated company accounted for by the equity method.

Stakeholder Impact

• Shareholders of GraniteShares ETF Trust will be informed of a significant institutional investor, Mizuho Financial Group, holding a 15.2% stake in the GraniteShares 2x Long SMCI Daily ETF, which could be viewed as a vote of confidence or increased institutional interest in the ETF.

Key Dates

Keywords

Mizuho Financial Group, GraniteShares ETF Trust, GraniteShares 2x Long SMCI Daily ETF, Schedule 13G, Beneficial Ownership, ETF, Financial Institution, Rakuten Securities