MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038
FNGD
4 hedge funds and large institutions have $4.08M invested in MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 in 2026 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 0 reducing their positions, and 8 closing their positions.
77% more capital invested
Capital invested by funds: $2.3M → $4.08M (+$1.77M)
60% less funds holding
Funds holding: 10 → 4 (-6)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$1.68M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$406K |
| 3 |
TSS
Two Sigma Securities
New York
|
+$127K |
| 4 |
Citigroup
New York
|
+$2.27K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
XT
XTX Topco
George Town,
Cayman Islands
|
-$353K |
| 2 |
Jane Street
New York
|
-$255K |
| 3 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
-$180K |
| 4 |
HF
HRT Financial
New York
|
-$154K |
| 5 |
HT
Headlands Technologies
Chicago,
Illinois
|
-$134K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FTUS
1
Flow Traders U.S.
New York
| $1.97M | +$1.68M | +26,690 | New |
|
|
2
UBS Group
Zurich,
Switzerland
| $1.85M | +$406K | +6,438 | +35% |
|
|
TSS
3
Two Sigma Securities
New York
| $253K | +$127K | +2,019 | +143% |
|
|
4
Citigroup
New York
| $2.66K | +$2.27K | +36 | New |
|
|
XT
5
XTX Topco
George Town,
Cayman Islands
| – | -$353K | -6,706 | Closed |
|
|
6
Jane Street
New York
| – | -$255K | -4,839 | Closed |
|
|
DAS
7
Dynamic Advisor Solutions
Phoenix,
Arizona
| – | -$180K | -3,408 | Closed |
|
|
HF
8
HRT Financial
New York
| – | -$154K | -2,925 | Closed |
|
|
HT
9
Headlands Technologies
Chicago,
Illinois
| – | -$134K | -2,540 | Closed |
|
10
Belvedere Trading
Chicago,
Illinois
| – | -$73.8K | -1,401 | Closed |
|
|
S
11
Steadtrust
Allen,
Texas
| – | -$65.9K | -1,250 | Closed |
|
12
JP Morgan Chase
New York
| – | -$34.8K | -660 | Closed |
|
FNGD Hedge Fund Activity: Q1 2026 in Review
4 of the 8,126 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 2026, worth a combined $4.08M — up 77% from $2.3M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FNGD and 2 opened new positions — a net loss of 6 holders — while 0 trimmed existing stakes and 2 added.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $1.68M. The largest seller was XTX Topco, exiting entirely with an estimated $353K sold.
- 4 institutional investors held MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 (FNGD) as of Q1 2026, down from 10 in Q4 2025.
- Funds reported $4.08M of MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 stock for Q1 2026, up 77% quarter-over-quarter.
- 2 funds opened new MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 positions in Q1 2026 and 8 closed out, a net change of -6 holders.
- The largest MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 buyer in Q1 2026 was Flow Traders U.S., an estimated $1.68M added.
- The largest MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038 seller in Q1 2026 was XTX Topco, an estimated $353K sold.
Based on aggregated 13F filings for Q1 2026.