MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038
FNGD
10 hedge funds and large institutions have $12M invested in MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 in 2024 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 4 closing their positions.
542% more capital invested
Capital invested by funds: $1.88M → $12M (+$10.2M)
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
43% more funds holding
Funds holding: 7 → 10 (+3)
0.93% more ownership
Funds ownership: 0.17% → 1.1% (+0.93%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$4.55M |
| 2 |
GS
GTS Securities
New York
|
+$4.35M |
| 3 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$2.91M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.22M |
| 5 |
TSS
Two Sigma Securities
New York
|
+$684K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$762K |
| 2 |
HF
HRT Financial
New York
|
-$538K |
| 3 |
Morgan Stanley
New York
|
-$32.7K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$8.71K |
| 5 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$2.83K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $3.65M | +$4.55M | +26,757 | New |
|
|
GS
2
GTS Securities
New York
| $3.49M | +$4.35M | +25,550 | New |
|
|
IWM
3
IHT Wealth Management
Chicago,
Illinois
| $2.34M | +$2.91M | +17,103 | New |
|
|
4
UBS Group
Zurich,
Switzerland
| $1.01M | +$1.22M | +7,183 | +3,123% |
|
|
TSS
5
Two Sigma Securities
New York
| $549K | +$684K | +4,016 | New |
|
6
Boston Partners
Boston,
Massachusetts
| $381K | +$474K | +2,787 | New |
|
7
Renaissance Technologies
New York
| $224K | +$279K | +1,639 | New |
|
|
HT
8
Headlands Technologies
Chicago,
Illinois
| $180K | +$225K | +1,321 | New |
|
|
HF
9
HRT Financial
New York
| $169K | -$538K | -3,159 | -72% |
|
|
TRCT
10
Tower Research Capital (TRC)
New York
| $46.5K | +$10.4K | +61 | +22% |
|
|
11
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$762K | -3,500 | Closed |
|
|
12
Morgan Stanley
New York
| – | -$32.7K | -150 | Closed |
|
|
13
Osaic Holdings
Scottsdale,
Arizona
| – | -$8.71K | -40 | Closed |
|
|
14
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$2.83K | -13 | Closed |
|
FNGD Hedge Fund Activity: Q4 2024 in Review
10 of the 7,592 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 2024, worth a combined $12M — up 542% from $1.88M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FNGD positions and 4 closed out — a net gain of 3 holders — while 2 added to existing stakes and 1 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $4.55M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $762K sold.
- 10 institutional investors held MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 (FNGD) as of Q4 2024, up from 7 in Q3 2024.
- Funds reported $12M of MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 stock for Q4 2024, up 542% quarter-over-quarter.
- 7 funds opened new MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 positions in Q4 2024 and 4 closed out, a net change of +3 holders.
- The largest MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 buyer in Q4 2024 was Jane Street, an estimated $4.55M added.
- The largest MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 seller in Q4 2024 was Susquehanna International Group, an estimated $762K sold.
Based on aggregated 13F filings for Q4 2024.