MicroSectorsTM U.S. Big Banks Index 3X Leveraged ETNs
BNKU
BNKU was delisted on the 24th of July, 2024.
10 hedge funds and large institutions have $5.22M invested in MicroSectorsTM U.S. Big Banks Index 3X Leveraged ETNs in 2023 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 4 closing their positions.
103% more capital invested
Capital invested by funds: $2.57M → $5.22M (+$2.65M)
9% less funds holding
Funds holding: 11 → 10 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.27M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$961K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$175K |
| 4 |
Morgan Stanley
New York
|
+$3.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$1.3M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$147K |
| 3 |
HAS
HBW Advisory Services
Simi Valley,
California
|
-$147K |
| 4 |
LC
Lindbrook Capital
Calabasas,
California
|
-$67.1K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$58.4K |
BNKU Hedge Fund Activity: Q4 2023 in Review
10 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in MicroSectorsTM U.S. Big Banks Index 3X Leveraged ETNs (BNKU) for Q4 2023, worth a combined $5.22M — up 103% from $2.57M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BNKU and 3 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 2 added.
The largest buyer was Jane Street, opening a new position worth an estimated $1.27M. The largest seller was HRT Financial, exiting entirely with an estimated $1.3M sold.
- 10 institutional investors held MicroSectorsTM U.S. Big Banks Index 3X Leveraged ETNs (BNKU) as of Q4 2023, down from 11 in Q3 2023.
- Funds reported $5.22M of MicroSectorsTM U.S. Big Banks Index 3X Leveraged ETNs stock for Q4 2023, up 103% quarter-over-quarter.
- 3 funds opened new MicroSectorsTM U.S. Big Banks Index 3X Leveraged ETNs positions in Q4 2023 and 4 closed out, a net change of -1 holder.
- The largest MicroSectorsTM U.S. Big Banks Index 3X Leveraged ETNs buyer in Q4 2023 was Jane Street, an estimated $1.27M added.
- The largest MicroSectorsTM U.S. Big Banks Index 3X Leveraged ETNs seller in Q4 2023 was HRT Financial, an estimated $1.3M sold.
Based on aggregated 13F filings for Q4 2023.