MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038
FNGD
4 hedge funds and large institutions have $984K invested in MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, increasing their positions, reducing their positions, and 1 closing their positions.
300% more funds holding
Funds holding: 1 → 4 (+3)
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
95% more capital invested
Capital invested by funds: $504K → $984K (+$480K)
0% less ownership
Funds ownership: 0% → 0% (-0%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$500K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$167K |
| 3 |
Jane Street
New York
|
+$167K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$167K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Centric Wealth Management
Chicago,
Illinois
|
-$488K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Goldman Sachs
New York
| $510K | +$500K | +3 | New |
|
|
FTUS
2
Flow Traders U.S.
New York
| $202K | +$167K | +1 | New |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $135K | +$167K | +1 | New |
|
|
4
Jane Street
New York
| $127K | +$167K | +1 | New |
|
5
UBS Group
Zurich,
Switzerland
| $7K | – | – | – |
|
6
Bank of Montreal
Toronto,
Ontario, Canada
| $2K | – | – | – |
|
|
TRCT
7
Tower Research Capital (TRC)
New York
| $1K | – | – | – |
|
|
CWM
8
Centric Wealth Management
Chicago,
Illinois
| – | -$488K | -2 | Closed |
|
FNGD Hedge Fund Activity: Q1 2020 in Review
4 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 (FNGD) for Q1 2020, worth a combined $984K — up 95% from $504K a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FNGD positions and 1 closed out — a net gain of 3 holders — while 0 added to existing stakes and 0 trimmed.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $500K. The largest seller was Centric Wealth Management, exiting entirely with an estimated $488K sold.
- 4 institutional investors held MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 (FNGD) as of Q1 2020, up from 1 in Q4 2019.
- Funds reported $984K of MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 stock for Q1 2020, up 95% quarter-over-quarter.
- 4 funds opened new MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 positions in Q1 2020 and 1 closed out, a net change of +3 holders.
- The largest MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 buyer in Q1 2020 was Goldman Sachs, an estimated $500K added.
- The largest MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 seller in Q1 2020 was Centric Wealth Management, an estimated $488K sold.
Based on aggregated 13F filings for Q1 2020.