MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038
FNGD
4 hedge funds and large institutions have $2.79M invested in MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 in 2020 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, reducing their positions, and 2 closing their positions.
183% more capital invested
Capital invested by funds: $984K → $2.79M (+$1.8M)
0% more funds holding
Funds holding: 4 → 4 (0)
0% more ownership
Funds ownership: 0% → 0% (+0%)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Centric Wealth Management
Chicago,
Illinois
|
+$3.04M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$719K |
| 3 |
Goldman Sachs
New York
|
+$400K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$79.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$202K |
| 2 |
Jane Street
New York
|
-$127K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CWM
1
Centric Wealth Management
Chicago,
Illinois
| $1.85M | +$3.04M | +38 | New |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $503K | +$719K | +9 | +900% |
|
|
3
Goldman Sachs
New York
| $395K | +$400K | +5 | +167% |
|
|
CS
4
Credit Suisse
Zurich,
Switzerland
| $38K | +$79.9K | +1 | New |
|
|
TRCT
5
Tower Research Capital (TRC)
New York
| $1K | – | – | – |
|
6
UBS Group
Zurich,
Switzerland
| $1K | – | – | – |
|
|
FTUS
7
Flow Traders U.S.
New York
| – | -$202K | -1 | Closed |
|
|
8
Jane Street
New York
| – | -$127K | -1 | Closed |
|
FNGD Hedge Fund Activity: Q2 2020 in Review
4 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 (FNGD) for Q2 2020, worth a combined $2.79M — up 183% from $984K a quarter earlier.
Fund positioning in FNGD was balanced in Q2 2020: 2 funds opened new positions, 2 closed out, 2 added to existing stakes and 0 trimmed.
The largest buyer was Centric Wealth Management, opening a new position worth an estimated $3.04M. The largest seller was Flow Traders U.S., exiting entirely with an estimated $202K sold.
- 4 institutional investors held MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 (FNGD) as of Q2 2020, unchanged from Q1 2020.
- Funds reported $2.79M of MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 stock for Q2 2020, up 183% quarter-over-quarter.
- 2 funds opened new MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 positions in Q2 2020 and 2 closed out, a net change of 0 holders.
- The largest MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 buyer in Q2 2020 was Centric Wealth Management, an estimated $3.04M added.
- The largest MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 seller in Q2 2020 was Flow Traders U.S., an estimated $202K sold.
Based on aggregated 13F filings for Q2 2020.