MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038
FNGD
9 hedge funds and large institutions have $12.6M invested in MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 in 2025 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 0 increasing their positions, 5 reducing their positions, and 5 closing their positions.
5% more capital invested
Capital invested by funds: $12M → $12.6M (+$553K)
0.53% less ownership
Funds ownership: 1.1% → 0.58% (-0.53%)
10% less funds holding
Funds holding: 10 → 9 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MG
Marex Group
London,
|
+$5.67M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.07M |
| 3 |
RAM
Revere Asset Management
Dallas,
Texas
|
+$189K |
| 4 |
SG Americas Securities
New York
|
+$180K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GS
GTS Securities
New York
|
-$3.49M |
| 2 |
Jane Street
New York
|
-$2.51M |
| 3 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$2.34M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$381K |
| 5 |
TSS
Two Sigma Securities
New York
|
-$350K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MG
1
Marex Group
London,
| $7.47M | +$5.67M | +40,954 | New |
|
|
2
Jane Street
New York
| $1.57M | -$2.51M | -18,140 | -68% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.42M | +$1.07M | +7,759 | New |
|
4
UBS Group
Zurich,
Switzerland
| $1.33M | -$15.4K | -111 | -1% |
|
|
TSS
5
Two Sigma Securities
New York
| $272K | -$350K | -2,523 | -63% |
|
|
RAM
6
Revere Asset Management
Dallas,
Texas
| $248K | +$189K | +1,361 | New |
|
|
7
SG Americas Securities
New York
| $237K | +$180K | +1,300 | New |
|
|
TRCT
8
Tower Research Capital (TRC)
New York
| $40.4K | -$16.5K | -119 | -35% |
|
|
HT
9
Headlands Technologies
Chicago,
Illinois
| $2.45K | -$181K | -1,308 | -99% |
|
10
Osaic Holdings
Scottsdale,
Arizona
| $37 | – | – | – |
|
|
GS
11
GTS Securities
New York
| – | -$3.49M | -25,550 | Closed |
|
|
IWM
12
IHT Wealth Management
Chicago,
Illinois
| – | -$2.34M | -17,103 | Closed |
|
|
13
Boston Partners
Boston,
Massachusetts
| – | -$381K | -2,787 | Closed |
|
14
Renaissance Technologies
New York
| – | -$224K | -1,639 | Closed |
|
|
HF
15
HRT Financial
New York
| – | -$169K | -1,241 | Closed |
|
FNGD Hedge Fund Activity: Q1 2025 in Review
9 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 (FNGD) for Q1 2025, worth a combined $12.6M — up 4.6% from $12M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FNGD and 4 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 0 added.
The largest buyer was Marex Group, opening a new position worth an estimated $5.67M. The largest seller was GTS Securities, exiting entirely with an estimated $3.49M sold.
- 9 institutional investors held MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 (FNGD) as of Q1 2025, down from 10 in Q4 2024.
- Funds reported $12.6M of MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 stock for Q1 2025, up 4.6% quarter-over-quarter.
- 4 funds opened new MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 positions in Q1 2025 and 5 closed out, a net change of -1 holder.
- The largest MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 buyer in Q1 2025 was Marex Group, an estimated $5.67M added.
- The largest MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 seller in Q1 2025 was GTS Securities, an estimated $3.49M sold.
Based on aggregated 13F filings for Q1 2025.