MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038
FNGO
3 hedge funds and large institutions have $367K invested in MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 in 2019 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
50% more funds holding
Funds holding: 2 → 3 (+1)
4.65% less ownership
Funds ownership: 8% → 3.35% (-4.6%)
38% less capital invested
Capital invested by funds: $596K → $367K (-$229K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$221K |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$22.5K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$3.15K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$551K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $269K | +$221K | +24,550 | New |
|
|
2
Bank of Montreal
Toronto,
Ontario, Canada
| $94K | +$22.5K | +2,500 | +41% |
|
|
3
UBS Group
Zurich,
Switzerland
| $4K | +$3.15K | +350 | New |
|
|
VF
4
Virtu Financial
New York
| – | -$551K | -73,900 | Closed |
|
FNGO Hedge Fund Activity: Q4 2019 in Review
3 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 (FNGO) for Q4 2019, worth a combined $367K — down 38% from $596K a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FNGO positions and 1 closed out — a net gain of 1 holder — while 1 added to existing stakes and 0 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $221K. The largest seller was Virtu Financial, exiting entirely with an estimated $551K sold.
- 3 institutional investors held MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 (FNGO) as of Q4 2019, up from 2 in Q3 2019.
- Funds reported $367K of MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 stock for Q4 2019, down 38% quarter-over-quarter.
- 2 funds opened new MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 positions in Q4 2019 and 1 closed out, a net change of +1 holder.
- The largest MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 buyer in Q4 2019 was Susquehanna International Group, an estimated $221K added.
- The largest MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 seller in Q4 2019 was Virtu Financial, an estimated $551K sold.
Based on aggregated 13F filings for Q4 2019.