MicroSectorsTM U.S. Big Banks Index -3X Inverse Leveraged ETNs
BNKD
BNKD was delisted on the 24th of July, 2024.
2 hedge funds and large institutions have $853K invested in MicroSectorsTM U.S. Big Banks Index -3X Inverse Leveraged ETNs in 2023 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 2 closing their positions.
26% more capital invested
Capital invested by funds: $676K → $853K (+$177K)
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
50% less funds holding
Funds holding: 4 → 2 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$254K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$91.3K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$50.4K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$7.37K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BRWA
1
B. Riley Wealth Advisors
Boca Raton,
Florida
| $457K | +$254K | +4,660 | +185% |
|
|
2
Citadel Advisors
Miami,
Florida
| $396K | -$7.37K | -135 | -2% |
|
|
TRCT
3
Tower Research Capital (TRC)
New York
| – | -$91.3K | -1,515 | Closed |
|
|
4
UBS Group
Zurich,
Switzerland
| – | -$50.4K | -836 | Closed |
|
BNKD Hedge Fund Activity: Q3 2023 in Review
2 of the 6,303 institutional investors tracked by Wall St. Rank reported a position in MicroSectorsTM U.S. Big Banks Index -3X Inverse Leveraged ETNs (BNKD) for Q3 2023, worth a combined $853K — up 26% from $676K a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of BNKD and 0 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 1 added.
The largest buyer was B. Riley Wealth Advisors, adding an estimated $254K. The largest seller was Tower Research Capital (TRC), exiting entirely with an estimated $91.3K sold.
- 2 institutional investors held MicroSectorsTM U.S. Big Banks Index -3X Inverse Leveraged ETNs (BNKD) as of Q3 2023, down from 4 in Q2 2023.
- Funds reported $853K of MicroSectorsTM U.S. Big Banks Index -3X Inverse Leveraged ETNs stock for Q3 2023, up 26% quarter-over-quarter.
- 0 funds opened new MicroSectorsTM U.S. Big Banks Index -3X Inverse Leveraged ETNs positions in Q3 2023 and 2 closed out, a net change of -2 holders.
- The largest MicroSectorsTM U.S. Big Banks Index -3X Inverse Leveraged ETNs buyer in Q3 2023 was B. Riley Wealth Advisors, an estimated $254K added.
- The largest MicroSectorsTM U.S. Big Banks Index -3X Inverse Leveraged ETNs seller in Q3 2023 was Tower Research Capital (TRC), an estimated $91.3K sold.
Based on aggregated 13F filings for Q3 2023.