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MicroSectors FANG & Innovation 3x Leveraged ETN

5 hedge funds and large institutions have $1.73M invested in MicroSectors FANG & Innovation 3x Leveraged ETN in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 2

25% more funds holding

Funds holding: 45 (+1)

0% more repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 1

0.65% less ownership

Funds ownership: 3.9%3.25% (-0.65%)

28% less capital invested

Capital invested by funds: $2.38M → $1.73M (-$657K)

Holders
5
Holders Change
+1
Holders Change %
+25%
% of All Funds
0.08%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
1
Reduced
1
Closed
2
Calls
Puts
Net Calls
Net Calls Change

BULZ Hedge Fund Activity: Q3 2023 in Review

5 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in MicroSectors FANG & Innovation 3x Leveraged ETN (BULZ) for Q3 2023, worth a combined $1.73M — down 28% from $2.38M a quarter earlier.

Buyers outnumbered sellers: 3 funds opened new BULZ positions and 2 closed out — a net gain of 1 holder — while 1 added to existing stakes and 1 trimmed.

The largest buyer was Citadel Advisors, opening a new position worth an estimated $609K. The largest seller was Flow Traders U.S., exiting entirely with an estimated $1.15M sold.

  • 5 institutional investors held MicroSectors FANG & Innovation 3x Leveraged ETN (BULZ) as of Q3 2023, up from 4 in Q2 2023.
  • Funds reported $1.73M of MicroSectors FANG & Innovation 3x Leveraged ETN stock for Q3 2023, down 28% quarter-over-quarter.
  • 3 funds opened new MicroSectors FANG & Innovation 3x Leveraged ETN positions in Q3 2023 and 2 closed out, a net change of +1 holder.
  • The largest MicroSectors FANG & Innovation 3x Leveraged ETN buyer in Q3 2023 was Citadel Advisors, an estimated $609K added.
  • The largest MicroSectors FANG & Innovation 3x Leveraged ETN seller in Q3 2023 was Flow Traders U.S., an estimated $1.15M sold.

Based on aggregated 13F filings for Q3 2023.