MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038
FNGD
4 hedge funds and large institutions have $1.53M invested in MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 5 closing their positions.
0.02% less ownership
Funds ownership: 0.04% → 0.01% (-0.02%)
43% less funds holding
Funds holding: 7 → 4 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
73% less capital invested
Capital invested by funds: $5.65M → $1.53M (-$4.12M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DS
DRW Securities
Chicago,
Illinois
|
+$2.33M |
| 2 |
AWM
Avior Wealth Management
Omaha,
Nebraska
|
+$130K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.15M |
| 2 |
Jane Street
New York
|
-$733K |
| 3 |
HF
HRT Financial
New York
|
-$405K |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$364K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$251K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DS
1
DRW Securities
Chicago,
Illinois
| $1.33M | +$2.33M | +719 | New |
|
2
UBS Group
Zurich,
Switzerland
| $112K | -$71.3K | -22 | -27% |
|
|
AWM
3
Avior Wealth Management
Omaha,
Nebraska
| $74.2K | +$130K | +40 | New |
|
|
TRCT
4
Tower Research Capital (TRC)
New York
| $5K | -$130K | -40 | -93% |
|
|
5
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$3.15M | -534 | Closed |
|
|
6
Jane Street
New York
| – | -$733K | -124 | Closed |
|
|
HF
7
HRT Financial
New York
| – | -$405K | -69 | Closed |
|
|
OMC
8
Old Mission Capital
Chicago,
Illinois
| – | -$364K | -62 | Closed |
|
|
FTUS
9
Flow Traders U.S.
New York
| – | -$251K | -42 | Closed |
|
|
HCP
10
Hexagon Capital Partners
Rogers,
Arkansas
| – | -$2.07K | – | – |
|
|
NA
11
NewEdge Advisors
New Orleans,
Louisiana
| – | -$1 | – | – |
|
FNGD Hedge Fund Activity: Q1 2023 in Review
4 of the 6,275 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 2023, worth a combined $1.53M — down 73% from $5.65M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FNGD and 2 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 0 added.
The largest buyer was DRW Securities, opening a new position worth an estimated $2.33M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $3.15M sold.
- 4 institutional investors held MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 (FNGD) as of Q1 2023, down from 7 in Q4 2022.
- Funds reported $1.53M of MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 stock for Q1 2023, down 73% quarter-over-quarter.
- 2 funds opened new MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 positions in Q1 2023 and 5 closed out, a net change of -3 holders.
- The largest MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 buyer in Q1 2023 was DRW Securities, an estimated $2.33M added.
- The largest MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 seller in Q1 2023 was Susquehanna International Group, an estimated $3.15M sold.
Based on aggregated 13F filings for Q1 2023.