AdvisorShares New Tech and Media ETF
FNG was delisted on the 4th of October, 2019.
11 hedge funds and large institutions have $1.38M invested in AdvisorShares New Tech and Media ETF in 2018 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 5 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
15% less funds holding
Funds holding: 13 → 11 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
71% less capital invested
Capital invested by funds: $4.79M → $1.38M (-$3.42M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$55.2K |
| 2 |
AG
Advisor Group
Phoenix,
Arizona
|
+$52K |
| 3 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
+$18.5K |
| 4 |
WEC
Winslow Evans & Crocker
Boston,
Massachusetts
|
+$4.52K |
| 5 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
+$2.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$1.42M |
| 2 |
Jane Street
New York
|
-$842K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$270K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$261K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$42K |
FNG Hedge Fund Activity: Q4 2018 in Review
11 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares New Tech and Media ETF (FNG) for Q4 2018, worth a combined $1.38M — down 71% from $4.79M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FNG and 3 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 4 added.
The largest buyer was Royal Bank of Canada, adding an estimated $55.2K. The largest seller was LPL Financial, exiting entirely with an estimated $1.42M sold.
- 11 institutional investors held AdvisorShares New Tech and Media ETF (FNG) as of Q4 2018, down from 13 in Q3 2018.
- Funds reported $1.38M of AdvisorShares New Tech and Media ETF stock for Q4 2018, down 71% quarter-over-quarter.
- 3 funds opened new AdvisorShares New Tech and Media ETF positions in Q4 2018 and 5 closed out, a net change of -2 holders.
- The largest AdvisorShares New Tech and Media ETF buyer in Q4 2018 was Royal Bank of Canada, an estimated $55.2K added.
- The largest AdvisorShares New Tech and Media ETF seller in Q4 2018 was LPL Financial, an estimated $1.42M sold.
Based on aggregated 13F filings for Q4 2018.