MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038
FNGD
17 hedge funds and large institutions have $10.9M invested in MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 in 2023 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
78% more capital inflows, than outflows
Capital inflows: $6.05M | Capital outflows: $3.39M
55% more funds holding
Funds holding: 11 → 17 (+6)
0.6% more ownership
Funds ownership: 3.81% → 4.41% (+0.6%)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.82M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.53M |
| 3 |
PWM
Prosperity Wealth Management
San Ramon,
California
|
+$987K |
| 4 |
Pathstone Family Office
Englewood,
New Jersey
|
+$350K |
| 5 |
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$332K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRT Financial
New York
|
-$1.53M |
| 2 |
DRW Securities
Chicago,
Illinois
|
-$1.42M |
| 3 |
Flow Traders U.S.
New York
|
-$413K |
| 4 |
Two Sigma Securities
New York
|
-$17.7K |
| 5 |
Harbour Investments
Madison,
Wisconsin
|
-$3.9K |
FNGD Hedge Fund Activity: Q3 2023 in Review
17 of the 6,316 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 2023, worth a combined $10.9M — up 52% from $7.16M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FNGD positions and 3 closed out — a net gain of 6 holders — while 3 added to existing stakes and 4 trimmed.
The largest buyer was Jane Street, adding an estimated $1.82M. The largest seller was HRT Financial, cutting an estimated $1.53M.
- 17 institutional investors held MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 (FNGD) as of Q3 2023, up from 11 in Q2 2023.
- Funds reported $10.9M of MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 stock for Q3 2023, up 52% quarter-over-quarter.
- 9 funds opened new MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 positions in Q3 2023 and 3 closed out, a net change of +6 holders.
- The largest MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 buyer in Q3 2023 was Jane Street, an estimated $1.82M added.
- The largest MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 seller in Q3 2023 was HRT Financial, an estimated $1.53M sold.
Based on aggregated 13F filings for Q3 2023.