MicroSectors FANG & Innovation -3x Inverse Leveraged ETN
BERZ
2 hedge funds and large institutions have $259K invested in MicroSectors FANG & Innovation -3x Inverse Leveraged ETN in 2025 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 3 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
0.66% less ownership
Funds ownership: 0.78% → 0.11% (-0.66%)
60% less funds holding
Funds holding: 5 → 2 (-3)
82% less capital invested
Capital invested by funds: $1.45M → $259K (-$1.19M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$782 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$722K |
| 2 |
Jane Street
New York
|
-$251K |
| 3 |
HIP
HUB Investment Partners
Austin,
Texas
|
-$234K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$13.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $257K | -$722K | -2,770 | -78% |
|
|
TRCT
2
Tower Research Capital (TRC)
New York
| $2.6K | +$782 | +3 | +60% |
|
|
3
UBS Group
Zurich,
Switzerland
| $32 | -$13.3K | -51 | Closed |
|
|
4
Jane Street
New York
| – | -$251K | -938 | Closed |
|
|
HIP
5
HUB Investment Partners
Austin,
Texas
| – | -$234K | -875 | Closed |
|
BERZ Hedge Fund Activity: Q1 2025 in Review
2 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (BERZ) for Q1 2025, worth a combined $259K — down 82% from $1.45M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of BERZ and 0 opened new positions — a net loss of 3 holders — while 1 trimmed existing stakes and 1 added.
The largest buyer was Tower Research Capital (TRC), adding an estimated $782. The largest seller was Susquehanna International Group, cutting an estimated $722K.
- 2 institutional investors held MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (BERZ) as of Q1 2025, down from 5 in Q4 2024.
- Funds reported $259K of MicroSectors FANG & Innovation -3x Inverse Leveraged ETN stock for Q1 2025, down 82% quarter-over-quarter.
- 0 funds opened new MicroSectors FANG & Innovation -3x Inverse Leveraged ETN positions in Q1 2025 and 3 closed out, a net change of -3 holders.
- The largest MicroSectors FANG & Innovation -3x Inverse Leveraged ETN buyer in Q1 2025 was Tower Research Capital (TRC), an estimated $782 added.
- The largest MicroSectors FANG & Innovation -3x Inverse Leveraged ETN seller in Q1 2025 was Susquehanna International Group, an estimated $722K sold.
Based on aggregated 13F filings for Q1 2025.