MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038
FNGA
FNGA was delisted on the 14th of May, 2025.
45 hedge funds and large institutions have $159M invested in MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038 in 2024 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
18% more funds holding
Funds holding: 38 → 45 (+7)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
29% less capital invested
Capital invested by funds: $223M → $159M (-$63.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$4.3M |
| 2 |
IFG
Independent Financial Group
San Diego,
California
|
+$2.31M |
| 3 |
Barclays
London,
United Kingdom
|
+$2.23M |
| 4 |
JF
Jump Financial
Chicago,
Illinois
|
+$1.96M |
| 5 |
FIA
FNY Investment Advisers
New York
|
+$1.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$126M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$20.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$12M |
| 4 |
CWM
Centric Wealth Management
Chicago,
Illinois
|
-$8.16M |
| 5 |
Renaissance Technologies
New York
|
-$1.42M |
FNGA Hedge Fund Activity: Q3 2024 in Review
45 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038 (FNGA) for Q3 2024, worth a combined $159M — down 29% from $223M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FNGA positions and 5 closed out — a net gain of 7 holders — while 10 added to existing stakes and 13 trimmed.
The largest buyer was HRT Financial, opening a new position worth an estimated $4.3M. The largest seller was Jane Street, cutting an estimated $126M.
- 45 institutional investors held MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038 (FNGA) as of Q3 2024, up from 38 in Q2 2024.
- Funds reported $159M of MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038 stock for Q3 2024, down 29% quarter-over-quarter.
- 12 funds opened new MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038 positions in Q3 2024 and 5 closed out, a net change of +7 holders.
- The largest MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038 buyer in Q3 2024 was HRT Financial, an estimated $4.3M added.
- The largest MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038 seller in Q3 2024 was Jane Street, an estimated $126M sold.
Based on aggregated 13F filings for Q3 2024.