MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038
FNGD
12 hedge funds and large institutions have $17.3M invested in MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 in 2023 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 7 closing their positions.
58% more capital invested
Capital invested by funds: $10.9M → $17.3M (+$6.35M)
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
0.07% more ownership
Funds ownership: 0.04% → 0.11% (+0.07%)
29% less funds holding
Funds holding: 17 → 12 (-5)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$11.2M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.87M |
| 3 |
FIA
FNY Investment Advisers
New York
|
+$2.93M |
| 4 |
Morgan Stanley
New York
|
+$780K |
| 5 |
IMC Chicago
Chicago,
Illinois
|
+$369K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.08M |
| 2 |
GS
GTS Securities
Miami,
Florida
|
-$551K |
| 3 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$371K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$330K |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$246K |
FNGD Hedge Fund Activity: Q4 2023 in Review
12 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 (FNGD) for Q4 2023, worth a combined $17.3M — up 58% from $10.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FNGD and 3 opened new positions — a net loss of 4 holders — while 4 trimmed existing stakes and 5 added.
The largest buyer was HRT Financial, adding an estimated $11.2M. The largest seller was Jane Street, cutting an estimated $3.08M.
- 12 institutional investors held MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 (FNGD) as of Q4 2023, down from 17 in Q3 2023.
- Funds reported $17.3M of MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 stock for Q4 2023, up 58% quarter-over-quarter.
- 3 funds opened new MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 positions in Q4 2023 and 7 closed out, a net change of -4 holders.
- The largest MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 buyer in Q4 2023 was HRT Financial, an estimated $11.2M added.
- The largest MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 seller in Q4 2023 was Jane Street, an estimated $3.08M sold.
Based on aggregated 13F filings for Q4 2023.