MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038
FNGA
FNGA was delisted on the 14th of May, 2025.
43 hedge funds and large institutions have $141M invested in MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038 in 2025 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 14 increasing their positions, 5 reducing their positions, and 16 closing their positions.
180% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 5
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
10% less funds holding
Funds holding: 48 → 43 (-5)
25% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 16
32% less capital invested
Capital invested by funds: $207M → $141M (-$65.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OHIF
Oriental Harbor Investment Fund
Hong Kong
|
+$18.9M |
| 2 |
CWM
Centric Wealth Management
Chicago,
Illinois
|
+$10.3M |
| 3 |
FIA
FNY Investment Advisers
New York
|
+$3.13M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$2.79M |
| 5 |
AC
Avestar Capital
New York
|
+$2.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.3M |
| 2 |
HF
HRT Financial
New York
|
-$3.52M |
| 3 |
IFG
Independent Financial Group
San Diego,
California
|
-$3.3M |
| 4 |
Jane Street
New York
|
-$2.33M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CF
51
Cantor Fitzgerald
New York
| – | -$452K | -774 | Closed |
|
52
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
| – | -$321K | -550 | Closed |
|
|
DS
53
DRW Securities
Chicago,
Illinois
| – | -$296K | -508 | Closed |
|
|
RWM
54
Ritholtz Wealth Management
New York
| – | -$263K | -451 | Closed |
|
|
TCM
55
Traynor Capital Management
Malvern,
Pennsylvania
| – | -$256K | -439 | Closed |
|
|
MWM
56
Maridea Wealth Management
Brooklyn,
New York
| – | -$242K | -415 | Closed |
|
|
LJAC
57
L.J. Altfest & Co
New York
| – | -$224K | -383 | Closed |
|
|
FA
58
Fedenia Advisers
Madison,
Wisconsin
| – | -$207K | -354 | Closed |
|
|
TRCT
59
Tower Research Capital (TRC)
New York
| – | -$207K | -354 | Closed |
|
FNGA Hedge Fund Activity: Q1 2025 in Review
43 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038 (FNGA) for Q1 2025, worth a combined $141M — down 32% from $207M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FNGA and 12 opened new positions — a net loss of 4 holders — while 5 trimmed existing stakes and 14 added.
The largest buyer was Oriental Harbor Investment Fund, adding an estimated $18.9M. The largest seller was Susquehanna International Group, cutting an estimated $5.3M.
- 43 institutional investors held MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038 (FNGA) as of Q1 2025, down from 48 in Q4 2024.
- Funds reported $141M of MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038 stock for Q1 2025, down 32% quarter-over-quarter.
- 12 funds opened new MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038 positions in Q1 2025 and 16 closed out, a net change of -4 holders.
- The largest MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038 buyer in Q1 2025 was Oriental Harbor Investment Fund, an estimated $18.9M added.
- The largest MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038 seller in Q1 2025 was Susquehanna International Group, an estimated $5.3M sold.
Based on aggregated 13F filings for Q1 2025.