UBS AG FI Enhanced Large Cap Growth ETN
FBGX
FBGX was delisted on the 18th of June, 2024.
26 hedge funds and large institutions have $11.9M invested in UBS AG FI Enhanced Large Cap Growth ETN in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 8 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
7% less funds holding
Funds holding: 28 → 26 (-2)
13% less capital invested
Capital invested by funds: $13.6M → $11.9M (-$1.74M)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Claybrook Capital
Wellesley,
Massachusetts
|
+$11.1M |
| 2 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$363K |
| 3 |
LPL Financial
San Diego,
California
|
+$312K |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$262K |
| 5 |
Fisher Asset Management
Camas,
Washington
|
+$198K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$755K |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$490K |
| 3 |
Empower Advisory Group
Greenwood Village,
Colorado
|
-$363K |
| 4 |
FNBOO
First National Bank of Omaha
Omaha,
Nebraska
|
-$282K |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$234K |
FBGX Hedge Fund Activity: Q3 2023 in Review
26 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in UBS AG FI Enhanced Large Cap Growth ETN (FBGX) for Q3 2023, worth a combined $11.9M — down 13% from $13.6M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FBGX and 6 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 4 added.
The largest buyer was Claybrook Capital, opening a new position worth an estimated $11.1M. The largest seller was Flow Traders U.S., exiting entirely with an estimated $755K sold.
- 26 institutional investors held UBS AG FI Enhanced Large Cap Growth ETN (FBGX) as of Q3 2023, down from 28 in Q2 2023.
- Funds reported $11.9M of UBS AG FI Enhanced Large Cap Growth ETN stock for Q3 2023, down 13% quarter-over-quarter.
- 6 funds opened new UBS AG FI Enhanced Large Cap Growth ETN positions in Q3 2023 and 8 closed out, a net change of -2 holders.
- The largest UBS AG FI Enhanced Large Cap Growth ETN buyer in Q3 2023 was Claybrook Capital, an estimated $11.1M added.
- The largest UBS AG FI Enhanced Large Cap Growth ETN seller in Q3 2023 was Flow Traders U.S., an estimated $755K sold.
Based on aggregated 13F filings for Q3 2023.