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
Miami,
Florida
|
+$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 |
FNGD Hedge Fund Activity: Q4 2024 in Review
10 of the 7,607 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.