MicroSectorsTM U.S. Big Banks Index -3X Inverse Leveraged ETNs
BNKD
BNKD was delisted on the 24th of July, 2024.
6 hedge funds and large institutions have $901K invested in MicroSectorsTM U.S. Big Banks Index -3X Inverse Leveraged ETNs in 2024 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 3 closing their positions.
84% more capital invested
Capital invested by funds: $490K → $901K (+$412K)
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
20% more funds holding
Funds holding: 5 → 6 (+1)
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$188K |
| 2 |
TSS
Two Sigma Securities
New York
|
+$177K |
| 3 |
GS
GTS Securities
New York
|
+$142K |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$119K |
| 5 |
HF
HRT Financial
New York
|
+$72.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CF
Cantor Fitzgerald
New York
|
-$284K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$64.8K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$26.4K |
| 4 |
IPW
Impact Partnership Wealth
Marietta,
Georgia
|
-$2.06K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BRWA
1
B. Riley Wealth Advisors
Boca Raton,
Florida
| $457K | +$119K | +3,980 | +124% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $141K | +$188K | +6,260 | New |
|
|
TSS
3
Two Sigma Securities
New York
| $133K | +$177K | +5,890 | New |
|
|
GS
4
GTS Securities
New York
| $107K | +$142K | +4,720 | New |
|
|
HF
5
HRT Financial
New York
| $54K | +$72.5K | +2,417 | New |
|
|
6
UBS Group
Zurich,
Switzerland
| $8.99K | -$26.4K | -880 | -69% |
|
|
CF
7
Cantor Fitzgerald
New York
| – | -$284K | -9,200 | Closed |
|
|
8
Citadel Advisors
Miami,
Florida
| – | -$64.8K | -2,096 | Closed |
|
|
IPW
9
Impact Partnership Wealth
Marietta,
Georgia
| – | -$2.06K | -67 | Closed |
|
BNKD Hedge Fund Activity: Q1 2024 in Review
6 of the 6,945 institutional investors tracked by Wall St. Rank reported a position in MicroSectorsTM U.S. Big Banks Index -3X Inverse Leveraged ETNs (BNKD) for Q1 2024, worth a combined $901K — up 84% from $490K a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new BNKD positions and 3 closed out — a net gain of 1 holder — while 1 added to existing stakes and 1 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $188K. The largest seller was Cantor Fitzgerald, exiting entirely with an estimated $284K sold.
- 6 institutional investors held MicroSectorsTM U.S. Big Banks Index -3X Inverse Leveraged ETNs (BNKD) as of Q1 2024, up from 5 in Q4 2023.
- Funds reported $901K of MicroSectorsTM U.S. Big Banks Index -3X Inverse Leveraged ETNs stock for Q1 2024, up 84% quarter-over-quarter.
- 4 funds opened new MicroSectorsTM U.S. Big Banks Index -3X Inverse Leveraged ETNs positions in Q1 2024 and 3 closed out, a net change of +1 holder.
- The largest MicroSectorsTM U.S. Big Banks Index -3X Inverse Leveraged ETNs buyer in Q1 2024 was Susquehanna International Group, an estimated $188K added.
- The largest MicroSectorsTM U.S. Big Banks Index -3X Inverse Leveraged ETNs seller in Q1 2024 was Cantor Fitzgerald, an estimated $284K sold.
Based on aggregated 13F filings for Q1 2024.