AdvisorShares New Tech and Media ETF
FNG was delisted on the 4th of October, 2019.
18 hedge funds and large institutions have $5.1M invested in AdvisorShares New Tech and Media ETF in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
16% more capital invested
Capital invested by funds: $4.39M → $5.1M (+$715K)
13% more funds holding
Funds holding: 16 → 18 (+2)
12% more call options, than puts
Call options by funds: $388K | Put options by funds: $345K
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$969K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$513K |
| 3 |
Jane Street
New York
|
+$354K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$309K |
| 5 |
AIA
Allegis Investment Advisors
Idaho Falls,
Idaho
|
+$88.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$426K |
| 2 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
-$259K |
| 3 |
LPL Financial
San Diego,
California
|
-$243K |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$202K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$142K |
FNG Hedge Fund Activity: Q1 2018 in Review
18 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares New Tech and Media ETF (FNG) for Q1 2018, worth a combined $5.1M — up 16% from $4.39M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FNG positions and 3 closed out — a net gain of 2 holders — while 5 added to existing stakes and 6 trimmed.
The largest buyer was Janney Montgomery Scott, opening a new position worth an estimated $969K. The largest seller was Virtu Financial, exiting entirely with an estimated $426K sold.
- 18 institutional investors held AdvisorShares New Tech and Media ETF (FNG) as of Q1 2018, up from 16 in Q4 2017.
- Funds reported $5.1M of AdvisorShares New Tech and Media ETF stock for Q1 2018, up 16% quarter-over-quarter.
- 5 funds opened new AdvisorShares New Tech and Media ETF positions in Q1 2018 and 3 closed out, a net change of +2 holders.
- The largest AdvisorShares New Tech and Media ETF buyer in Q1 2018 was Janney Montgomery Scott, an estimated $969K added.
- The largest AdvisorShares New Tech and Media ETF seller in Q1 2018 was Virtu Financial, an estimated $426K sold.
Based on aggregated 13F filings for Q1 2018.