MicroSectorsTM U.S. Big Banks Index -3X Inverse Leveraged ETNs
BNKD
BNKD was delisted on the 24th of July, 2024.
5 hedge funds and large institutions have $490K invested in MicroSectorsTM U.S. Big Banks Index -3X Inverse Leveraged ETNs in 2023 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 0 closing their positions.
150% more funds holding
Funds holding: 2 → 5 (+3)
43% less capital invested
Capital invested by funds: $853K → $490K (-$363K)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CF
Cantor Fitzgerald
New York
|
+$499K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$69.4K |
| 3 |
IPW
Impact Partnership Wealth
Marietta,
Georgia
|
+$3.64K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$224K |
| 2 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$216K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CF
1
Cantor Fitzgerald
New York
| $284K | +$499K | +9,200 | New |
|
|
BRWA
2
B. Riley Wealth Advisors
Boca Raton,
Florida
| $98.9K | -$216K | -3,980 | -55% |
|
|
3
Citadel Advisors
Miami,
Florida
| $64.8K | -$224K | -4,122 | -66% |
|
|
4
UBS Group
Zurich,
Switzerland
| $39.5K | +$69.4K | +1,278 | New |
|
|
IPW
5
Impact Partnership Wealth
Marietta,
Georgia
| $2.06K | +$3.64K | +67 | New |
|
BNKD Hedge Fund Activity: Q4 2023 in Review
5 of the 6,863 institutional investors tracked by Wall St. Rank reported a position in MicroSectorsTM U.S. Big Banks Index -3X Inverse Leveraged ETNs (BNKD) for Q4 2023, worth a combined $490K — down 43% from $853K a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new BNKD positions and 0 closed out — a net gain of 3 holders — while 0 added to existing stakes and 2 trimmed.
The largest buyer was Cantor Fitzgerald, opening a new position worth an estimated $499K. The largest seller was Citadel Advisors, cutting an estimated $224K.
- 5 institutional investors held MicroSectorsTM U.S. Big Banks Index -3X Inverse Leveraged ETNs (BNKD) as of Q4 2023, up from 2 in Q3 2023.
- Funds reported $490K of MicroSectorsTM U.S. Big Banks Index -3X Inverse Leveraged ETNs stock for Q4 2023, down 43% quarter-over-quarter.
- 3 funds opened new MicroSectorsTM U.S. Big Banks Index -3X Inverse Leveraged ETNs positions in Q4 2023 and 0 closed out, a net change of +3 holders.
- The largest MicroSectorsTM U.S. Big Banks Index -3X Inverse Leveraged ETNs buyer in Q4 2023 was Cantor Fitzgerald, an estimated $499K added.
- The largest MicroSectorsTM U.S. Big Banks Index -3X Inverse Leveraged ETNs seller in Q4 2023 was Citadel Advisors, an estimated $224K sold.
Based on aggregated 13F filings for Q4 2023.