MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038
FNGD
3 hedge funds and large institutions have $627K invested in MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, reducing their positions, and 3 closing their positions.
0% less ownership
Funds ownership: 0% → 0% (-0%)
25% less funds holding
Funds holding: 4 → 3 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
77% less capital invested
Capital invested by funds: $2.79M → $627K (-$2.16M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$311K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$311K |
| 3 |
VNA
Valley National Advisers
Bethlehem,
Pennsylvania
|
+$51.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Centric Wealth Management
Chicago,
Illinois
|
-$1.85M |
| 2 |
Goldman Sachs
New York
|
-$395K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$38K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $381K | +$311K | +12 | +120% |
|
|
FTUS
2
Flow Traders U.S.
New York
| $204K | +$311K | +12 | New |
|
|
VNA
3
Valley National Advisers
Bethlehem,
Pennsylvania
| $42K | +$51.9K | +2 | New |
|
|
CWM
4
Centric Wealth Management
Chicago,
Illinois
| – | -$1.85M | -38 | Closed |
|
|
5
Goldman Sachs
New York
| – | -$395K | -8 | Closed |
|
|
CS
6
Credit Suisse
Zurich,
Switzerland
| – | -$38K | -1 | Closed |
|
|
7
UBS Group
Zurich,
Switzerland
| – | -$1K | – | – |
|
FNGD Hedge Fund Activity: Q3 2020 in Review
3 of the 4,956 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 2020, worth a combined $627K — down 77% from $2.79M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FNGD and 2 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 1 added.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $311K. The largest seller was Centric Wealth Management, exiting entirely with an estimated $1.85M sold.
- 3 institutional investors held MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 (FNGD) as of Q3 2020, down from 4 in Q2 2020.
- Funds reported $627K of MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 stock for Q3 2020, down 77% quarter-over-quarter.
- 2 funds opened new MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 positions in Q3 2020 and 3 closed out, a net change of -1 holder.
- The largest MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 buyer in Q3 2020 was Flow Traders U.S., an estimated $311K added.
- The largest MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 seller in Q3 2020 was Centric Wealth Management, an estimated $1.85M sold.
Based on aggregated 13F filings for Q3 2020.