MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038
FNGO
2 hedge funds and large institutions have $596K invested in MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 in 2019 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 1 closing their positions.
1.32% less ownership
Funds ownership: 9.32% → 8% (-1.3%)
16% less capital invested
Capital invested by funds: $711K → $596K (-$115K)
33% less funds holding
Funds holding: 3 → 2 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$54K |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$44.4K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$4K |
FNGO Hedge Fund Activity: Q3 2019 in Review
2 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 (FNGO) for Q3 2019, worth a combined $596K — down 16% from $711K a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of FNGO and 0 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 0 added.
The largest seller was Virtu Financial, cutting an estimated $54K.
- 2 institutional investors held MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 (FNGO) as of Q3 2019, down from 3 in Q2 2019.
- Funds reported $596K of MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 stock for Q3 2019, down 16% quarter-over-quarter.
- 0 funds opened new MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 positions in Q3 2019 and 1 closed out, a net change of -1 holder.
- The largest MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 seller in Q3 2019 was Virtu Financial, an estimated $54K sold.
Based on aggregated 13F filings for Q3 2019.