MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038
FNGD
7 hedge funds and large institutions have $1.88M invested in MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 in 2024 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 2 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
0.34% less ownership
Funds ownership: 0.51% → 0.17% (-0.34%)
13% less funds holding
Funds holding: 8 → 7 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
70% less capital invested
Capital invested by funds: $6.29M → $1.88M (-$4.41M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$583K |
| 2 |
HF
HRT Financial
New York
|
+$426K |
| 3 |
Morgan Stanley
New York
|
+$36.5K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$13.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GS
GTS Securities
New York
|
-$4.79M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$253K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$200K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HF
1
HRT Financial
New York
| $958K | +$426K | +1,753 | +66% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $762K | +$583K | +2,399 | +218% |
|
|
TRCT
3
Tower Research Capital (TRC)
New York
| $60.7K | +$13.6K | +56 | +25% |
|
|
4
UBS Group
Zurich,
Switzerland
| $50K | -$200K | -824 | -78% |
|
|
5
Morgan Stanley
New York
| $32.7K | +$36.5K | +150 | New |
|
6
Osaic Holdings
Scottsdale,
Arizona
| $8.71K | – | – | – |
|
7
National Bank of Canada
Montreal,
Quebec, Canada
| $2.83K | – | – | – |
|
|
GS
8
GTS Securities
New York
| – | -$4.79M | -19,412 | Closed |
|
|
9
Boston Partners
Boston,
Massachusetts
| – | -$253K | -1,027 | Closed |
|
FNGD Hedge Fund Activity: Q3 2024 in Review
7 of the 6,964 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 2024, worth a combined $1.88M — down 70% from $6.29M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of FNGD and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 3 added.
The largest buyer was Susquehanna International Group, adding an estimated $583K. The largest seller was GTS Securities, exiting entirely with an estimated $4.79M sold.
- 7 institutional investors held MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 (FNGD) as of Q3 2024, down from 8 in Q2 2024.
- Funds reported $1.88M of MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 stock for Q3 2024, down 70% quarter-over-quarter.
- 1 fund opened new MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 positions in Q3 2024 and 2 closed out, a net change of -1 holder.
- The largest MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 buyer in Q3 2024 was Susquehanna International Group, an estimated $583K added.
- The largest MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 seller in Q3 2024 was GTS Securities, an estimated $4.79M sold.
Based on aggregated 13F filings for Q3 2024.