SWStonkWhisper

HDV Dark Pool Activity

ATS off-exchange volume intelligence · Week of 2026-07-20

DP Shares
4.0M
Notional Value
$112.6M
DP % of Volume
12.1%
WoW Change
+79.8%

HDV dark pool volume for the week of 2026-07-20: 4.0M shares traded across 22 ATS venues with a total notional value of $112.6M. Volume is up 79.8% week-over-week. Off-exchange dark pool transactions account for 12.1% of total HDV market volume — within the normal institutional baseline range. Primary routing venues include , INTELLIGENT CROSS LLC, UBS ATS.

Dark pool activity in HDV reflects institutional order flow executing on Alternative Trading Systems (ATS) registered with the SEC — private venues where large-block trades are matched away from public exchanges to minimize price impact. StonkWhisper ingests FINRA-published ATS volume data to track these off-exchange flows. Sustained elevation in dark pool percentage — particularly when concentrated at specific venues — can indicate institutional accumulation or distribution ahead of significant price moves. The interactive charts below show 12-week historical volume and complete venue breakdown for HDV.

DP Shares
4.0M
Notional
$112.6M
DP % of Vol
12.1%
WoW Change
+79.8%
Venues
22
Weekly Dark Pool Volume — 12 Weeks

Weekly History

WeekSharesDP %WoW
2026-07-204.0M12.1%+79.8%
2026-07-132.2M-30.7%
2026-07-063.2M+37.3%
2026-06-292.3M+58.8%
2026-06-221.5M+66.8%
2026-06-15875.7K-42.2%
2026-06-081.5M+109.4%
2026-06-01723.2K+34.1%
2026-05-25539.3K-17.3%
2026-05-18652.5K+25.7%
2026-05-11519.2K-33.3%
2026-05-04778.1K-4.9%

ATS Venue Breakdown (latest week)

4.0M
9.6K trades
INCR
INTELLIGENT CROSS LLC
1.7M
3.3K trades
UBSA
UBS ATS
502.8K
1.7K trades
BIDS
BIDS ATS
380.5K
167 trades
CGXS
ONECHRONOS
352.2K
502 trades
MLIX
INSTINCT X
294.4K
645 trades
SGMT
SIGMA X2
246.6K
595 trades
EBXL
LEVEL ATS
195.5K
646 trades
KCGM
VIRTU MATCHIT ATS
82.3K
251 trades
JPMX
JPM-X
66.4K
110 trades
ITGP
POSIT
44.7K
79 trades
LATS
THE BARCLAYS ATS
35.5K
162 trades
PURE
PURESTREAM
34.0K
964 trades
ONEC
CITI-ONE ATS
25.5K
121 trades
ICBX
CBX
13.0K
51 trades
MSTX
MS TRAJECTORY CROSS (ATS-1)
12.0K
166 trades
IATS
IBKR ATS
9.3K
55 trades
ALPX
ALPHAX US
3.1K
3 trades
XSTM
CROSSSTREAM
3.1K
17 trades
MSRP
MS RPOOL (ATS-6)
2.8K
7 trades
MSPL
MS POOL (ATS-4)
2.1K
10 trades
BNPX
BNPP CORTEX ATS
597
12 trades
BLUE
BOATS
73
15 trades