MicroSectorsTM U.S. Big Banks Index 3X Leveraged ETNs
BNKU
BNKU was delisted on the 24th of July, 2024.
9 hedge funds and large institutions have $1.18M invested in MicroSectorsTM U.S. Big Banks Index 3X Leveraged ETNs in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 4 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
18% less funds holding
Funds holding: 11 → 9 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
84% less capital invested
Capital invested by funds: $7.3M → $1.18M (-$6.12M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$234K |
| 2 |
Jane Street
New York
|
+$156K |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$7.53K |
| 4 |
LC
Lindbrook Capital
Calabasas,
California
|
+$7.53K |
| 5 |
HI
Harbour Investments
Madison,
Wisconsin
|
+$949 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.49M |
| 2 |
LJAC
L.J. Altfest & Co
New York
|
-$1.93M |
| 3 |
HF
HRT Financial
New York
|
-$1.17M |
| 4 |
CF
Cantor Fitzgerald
New York
|
-$278K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$239K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $494K | -$2.49M | -164,982 | -84% |
|
|
TRCT
2
Tower Research Capital (TRC)
New York
| $249K | +$234K | +15,502 | +3,236% |
|
|
HF
3
HRT Financial
New York
| $226K | -$1.17M | -77,976 | -84% |
|
|
4
Jane Street
New York
| $161K | +$156K | +10,338 | New |
|
|
LC
5
Lindbrook Capital
Calabasas,
California
| $39K | +$7.53K | +500 | +25% |
|
|
6
BNP Paribas Financial Markets
Paris,
France
| $7.79K | +$7.53K | +500 | New |
|
|
7
UBS Group
Zurich,
Switzerland
| $4.13K | -$239K | -15,873 | -98% |
|
|
HI
8
Harbour Investments
Madison,
Wisconsin
| $2.12K | +$949 | +63 | +86% |
|
|
FDCDDQ
9
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $935 | – | – | – |
|
10
Bank of America
Charlotte,
North Carolina
| $161 | – | – | – |
|
|
LJAC
11
L.J. Altfest & Co
New York
| – | -$1.93M | -120,517 | Closed |
|
|
CF
12
Cantor Fitzgerald
New York
| – | -$278K | -17,400 | Closed |
|
|
FTUS
13
Flow Traders U.S.
New York
| – | -$167K | -10,450 | Closed |
|
|
PH
14
Pinnacle Holdings
Tulsa,
Oklahoma
| – | -$14K | -879 | Closed |
|
BNKU Hedge Fund Activity: Q2 2023 in Review
9 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in MicroSectorsTM U.S. Big Banks Index 3X Leveraged ETNs (BNKU) for Q2 2023, worth a combined $1.18M — down 84% from $7.3M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BNKU and 2 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 3 added.
The largest buyer was Tower Research Capital (TRC), adding an estimated $234K. The largest seller was Susquehanna International Group, cutting an estimated $2.49M.
- 9 institutional investors held MicroSectorsTM U.S. Big Banks Index 3X Leveraged ETNs (BNKU) as of Q2 2023, down from 11 in Q1 2023.
- Funds reported $1.18M of MicroSectorsTM U.S. Big Banks Index 3X Leveraged ETNs stock for Q2 2023, down 84% quarter-over-quarter.
- 2 funds opened new MicroSectorsTM U.S. Big Banks Index 3X Leveraged ETNs positions in Q2 2023 and 4 closed out, a net change of -2 holders.
- The largest MicroSectorsTM U.S. Big Banks Index 3X Leveraged ETNs buyer in Q2 2023 was Tower Research Capital (TRC), an estimated $234K added.
- The largest MicroSectorsTM U.S. Big Banks Index 3X Leveraged ETNs seller in Q2 2023 was Susquehanna International Group, an estimated $2.49M sold.
Based on aggregated 13F filings for Q2 2023.