MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038
FNGD
1 hedge funds and large institutions have $504K invested in MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 in 2019 Q4 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, reducing their positions, and 2 closing their positions.
0% more ownership
Funds ownership: 0% → 0% (0%)
42% less capital invested
Capital invested by funds: $871K → $504K (-$367K)
50% less funds holding
Funds holding: 2 → 1 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Centric Wealth Management
Chicago,
Illinois
|
+$629K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
XS
XR Securities
Chicago,
Illinois
|
-$390K |
| 2 |
VF
Virtu Financial
New York
|
-$250K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$31K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CWM
1
Centric Wealth Management
Chicago,
Illinois
| $488K | +$629K | +2 | New |
|
2
Bank of Montreal
Toronto,
Ontario, Canada
| $14K | – | – | – |
|
|
LTFS
3
Ladenburg Thalmann Financial Services
Miami,
Florida
| $2K | – | – | – |
|
|
VF
4
Virtu Financial
New York
| – | -$250K | -1 | Closed |
|
|
XS
5
XR Securities
Chicago,
Illinois
| – | -$390K | -1 | Closed |
|
|
6
UBS Group
Zurich,
Switzerland
| – | -$31K | – | – |
|
FNGD Hedge Fund Activity: Q4 2019 in Review
1 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 (FNGD) for Q4 2019, worth a combined $504K — down 42% from $871K a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of FNGD and 1 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 0 added.
The largest buyer was Centric Wealth Management, opening a new position worth an estimated $629K. The largest seller was XR Securities, exiting entirely with an estimated $390K sold.
- 1 institutional investor held MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 (FNGD) as of Q4 2019, down from 2 in Q3 2019.
- Funds reported $504K of MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 stock for Q4 2019, down 42% quarter-over-quarter.
- 1 fund opened new MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 positions in Q4 2019 and 2 closed out, a net change of -1 holder.
- The largest MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 buyer in Q4 2019 was Centric Wealth Management, an estimated $629K added.
- The largest MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 seller in Q4 2019 was XR Securities, an estimated $390K sold.
Based on aggregated 13F filings for Q4 2019.