MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038
FNGA
FNGA was delisted on the 14th of May, 2025.
34 hedge funds and large institutions have $35.5M invested in MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038 in 2024 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 4 closing their positions.
275% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 4
48% more funds holding
Funds holding: 23 → 34 (+11)
39% less capital invested
Capital invested by funds: $58.2M → $35.5M (-$22.7M)
40% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 10
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$4.16M |
| 2 |
TWM
Triton Wealth Management
Sun City,
Arizona
|
+$1.32M |
| 3 |
Renaissance Technologies
New York
|
+$1.11M |
| 4 |
FIA
FNY Investment Advisers
New York
|
+$668K |
| 5 |
IFG
Independent Financial Group
San Diego,
California
|
+$563K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$23.9M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$15.4M |
| 3 |
Morgan Stanley
New York
|
-$3.79M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$3.13M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WT
26
Whittier Trust
South Pasadena,
California
| $37K | +$33K | +113 | New |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $36.3K | +$32.5K | +111 | New |
|
|
TAM
28
Tucker Asset Management
Littleton,
Colorado
| $33K | +$29.5K | +101 | New |
|
|
LC
29
Lindbrook Capital
Calabasas,
California
| $27.8K | -$13.2K | -45 | -35% |
|
|
GEA
30
Glen Eagle Advisors
Kingston,
New Jersey
| $16.4K | – | – | – |
|
31
Royal Bank of Canada
Toronto,
Ontario, Canada
| $7K | -$3.8K | -13 | -39% |
|
|
FIA
32
FNY Investment Advisers
New York
| $747 | +$668K | +2,285 | New |
|
|
CA
33
Continuum Advisory
Eagle,
Idaho
| $329 | +$292 | +1 | New |
|
34
Fidelity Investments
Boston,
Massachusetts
| $327 | +$292 | +1 | New |
|
35
Pathstone Holdings
Englewood,
New Jersey
| – | -$902K | -3,874 | Closed |
|
|
AWM
36
AE Wealth Management
Topeka,
Kansas
| – | -$596K | -2,210 | Closed |
|
|
RWM
37
Ritholtz Wealth Management
New York
| – | -$246K | -1,055 | Closed |
|
|
SSB
38
Sandy Spring Bank
Olney,
Maryland
| – | -$1.17K | -5 | Closed |
|
FNGA Hedge Fund Activity: Q1 2024 in Review
34 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038 (FNGA) for Q1 2024, worth a combined $35.5M — down 39% from $58.2M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FNGA positions and 4 closed out — a net gain of 11 holders — while 6 added to existing stakes and 10 trimmed.
The largest buyer was HRT Financial, adding an estimated $4.16M. The largest seller was Jane Street, cutting an estimated $23.9M.
- 34 institutional investors held MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038 (FNGA) as of Q1 2024, up from 23 in Q4 2023.
- Funds reported $35.5M of MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038 stock for Q1 2024, down 39% quarter-over-quarter.
- 15 funds opened new MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038 positions in Q1 2024 and 4 closed out, a net change of +11 holders.
- The largest MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038 buyer in Q1 2024 was HRT Financial, an estimated $4.16M added.
- The largest MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038 seller in Q1 2024 was Jane Street, an estimated $23.9M sold.
Based on aggregated 13F filings for Q1 2024.