MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038
FNGD
8 hedge funds and large institutions have $6.29M invested in MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 in 2024 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 4 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
0.16% less ownership
Funds ownership: 0.67% → 0.51% (-0.16%)
11% less funds holding
Funds holding: 9 → 8 (-1)
17% less capital invested
Capital invested by funds: $7.6M → $6.29M (-$1.31M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GS
GTS Securities
New York
|
+$2.01M |
| 2 |
HF
HRT Financial
New York
|
+$876K |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$340K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$310K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$72.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.1M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$640K |
| 3 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$371K |
| 4 |
WTC
WhitTier Trust Company
Reno,
Nevada
|
-$42.8K |
| 5 |
HT
Headlands Technologies
Chicago,
Illinois
|
-$21.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GS
1
GTS Securities
New York
| $4.79M | +$2.01M | +6,072 | +46% |
|
|
HF
2
HRT Financial
New York
| $652K | +$876K | +2,647 | New |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $271K | -$640K | -1,934 | -64% |
|
|
4
UBS Group
Zurich,
Switzerland
| $260K | +$310K | +935 | +786% |
|
|
5
Boston Partners
Boston,
Massachusetts
| $253K | +$340K | +1,027 | New |
|
|
TRCT
6
Tower Research Capital (TRC)
New York
| $55K | +$72.8K | +220 | +7,333% |
|
7
Osaic Holdings
Scottsdale,
Arizona
| $9.86K | +$13.2K | +40 | New |
|
8
National Bank of Canada
Montreal,
Quebec, Canada
| $2.97K | – | – | – |
|
|
BRWA
9
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$371K | -3,750 | Closed |
|
|
10
Jane Street
New York
| – | -$1.1M | -3,002 | Closed |
|
|
WTC
11
WhitTier Trust Company
Reno,
Nevada
| – | -$42.8K | -117 | Closed |
|
|
HT
12
Headlands Technologies
Chicago,
Illinois
| – | -$21.3K | -58 | Closed |
|
FNGD Hedge Fund Activity: Q2 2024 in Review
8 of the 6,924 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 2024, worth a combined $6.29M — down 17% from $7.6M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FNGD and 3 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 3 added.
The largest buyer was GTS Securities, adding an estimated $2.01M. The largest seller was Jane Street, exiting entirely with an estimated $1.1M sold.
- 8 institutional investors held MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 (FNGD) as of Q2 2024, down from 9 in Q1 2024.
- Funds reported $6.29M of MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 stock for Q2 2024, down 17% quarter-over-quarter.
- 3 funds opened new MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 positions in Q2 2024 and 4 closed out, a net change of -1 holder.
- The largest MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 buyer in Q2 2024 was GTS Securities, an estimated $2.01M added.
- The largest MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 seller in Q2 2024 was Jane Street, an estimated $1.1M sold.
Based on aggregated 13F filings for Q2 2024.