MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038
FNGD
2 hedge funds and large institutions have $871K invested in MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, increasing their positions, reducing their positions, and 1 closing their positions.
100% more funds holding
Funds holding: 1 → 2 (+1)
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
19% more capital invested
Capital invested by funds: $734K → $871K (+$137K)
0% more ownership
Funds ownership: 0% → 0% (+0%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$423K |
| 2 |
XS
XR Securities
Chicago,
Illinois
|
+$423K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$451K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
XS
1
XR Securities
Chicago,
Illinois
| $390K | +$423K | +1 | New |
|
|
VF
2
Virtu Financial
New York
| $250K | +$423K | +1 | New |
|
3
Bank of Montreal
Toronto,
Ontario, Canada
| $127K | – | – | – |
|
|
LTFS
4
Ladenburg Thalmann Financial Services
Miami,
Florida
| $73K | – | – | – |
|
5
UBS Group
Zurich,
Switzerland
| $31K | – | – | – |
|
|
6
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$451K | -1 | Closed |
|
FNGD Hedge Fund Activity: Q3 2019 in Review
2 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 (FNGD) for Q3 2019, worth a combined $871K — up 19% from $734K a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FNGD positions and 1 closed out — a net gain of 1 holder — while 0 added to existing stakes and 0 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $423K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $451K sold.
- 2 institutional investors held MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 (FNGD) as of Q3 2019, up from 1 in Q2 2019.
- Funds reported $871K of MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 stock for Q3 2019, up 19% quarter-over-quarter.
- 2 funds opened new MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 positions in Q3 2019 and 1 closed out, a net change of +1 holder.
- The largest MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 buyer in Q3 2019 was Virtu Financial, an estimated $423K added.
- The largest MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 seller in Q3 2019 was Susquehanna International Group, an estimated $451K sold.
Based on aggregated 13F filings for Q3 2019.