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 $3.28M invested in MicroSectorsTM U.S. Big Banks Index 3X Leveraged ETNs in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 3 closing their positions.
10% less funds holding
Funds holding: 10 → 9 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
37% less capital invested
Capital invested by funds: $5.22M → $3.28M (-$1.94M)
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$221K |
| 2 |
TSS
Two Sigma Securities
New York
|
+$158K |
| 3 |
HI
Harbour Investments
Madison,
Wisconsin
|
+$1.66K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.71M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$550K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$457K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$192K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$120K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Citadel Advisors
Miami,
Florida
| $1.71M | -$120K | -4,888 | -8% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $599K | -$457K | -18,685 | -49% |
|
|
3
Jane Street
New York
| $282K | -$1.71M | -69,813 | -89% |
|
|
HF
4
HRT Financial
New York
| $280K | +$221K | +9,011 | New |
|
|
TSS
5
Two Sigma Securities
New York
| $201K | +$158K | +6,471 | New |
|
|
TRCT
6
Tower Research Capital (TRC)
New York
| $188K | -$550K | -22,456 | -79% |
|
|
7
UBS Group
Zurich,
Switzerland
| $11.9K | -$192K | -7,839 | -95% |
|
|
HI
8
Harbour Investments
Madison,
Wisconsin
| $2.18K | +$1.66K | +68 | +3,400% |
|
|
FDCDDQ
9
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $1.87K | – | – | – |
|
|
VL
10
Vima LLC
Troy,
Michigan
| – | -$21.4K | -880 | Closed |
|
11
Morgan Stanley
New York
| – | -$13.1K | -540 | Closed |
|
12
BNP Paribas Financial Markets
Paris,
France
| – | -$292 | -12 | Closed |
|
BNKU Hedge Fund Activity: Q1 2024 in Review
9 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in MicroSectorsTM U.S. Big Banks Index 3X Leveraged ETNs (BNKU) for Q1 2024, worth a combined $3.28M — down 37% from $5.22M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of BNKU and 2 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 1 added.
The largest buyer was HRT Financial, opening a new position worth an estimated $221K. The largest seller was Jane Street, cutting an estimated $1.71M.
- 9 institutional investors held MicroSectorsTM U.S. Big Banks Index 3X Leveraged ETNs (BNKU) as of Q1 2024, down from 10 in Q4 2023.
- Funds reported $3.28M of MicroSectorsTM U.S. Big Banks Index 3X Leveraged ETNs stock for Q1 2024, down 37% quarter-over-quarter.
- 2 funds opened new MicroSectorsTM U.S. Big Banks Index 3X 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 Leveraged ETNs buyer in Q1 2024 was HRT Financial, an estimated $221K added.
- The largest MicroSectorsTM U.S. Big Banks Index 3X Leveraged ETNs seller in Q1 2024 was Jane Street, an estimated $1.71M sold.
Based on aggregated 13F filings for Q1 2024.