MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038
FNGO
2 hedge funds and large institutions have $759K invested in MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 in 2020 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, reducing their positions, and 2 closing their positions.
107% more capital invested
Capital invested by funds: $367K → $759K (+$392K)
4.96% more ownership
Funds ownership: 3.35% → 8.31% (+5%)
33% less funds holding
Funds holding: 3 → 2 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$911K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$269K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FTUS
1
Flow Traders U.S.
New York
| $687K | +$911K | +74,520 | New |
|
2
Bank of Montreal
Toronto,
Ontario, Canada
| $72K | – | – | – |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$269K | -24,550 | Closed |
|
|
4
UBS Group
Zurich,
Switzerland
| – | -$4K | -350 | Closed |
|
FNGO Hedge Fund Activity: Q1 2020 in Review
2 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 (FNGO) for Q1 2020, worth a combined $759K — up 107% from $367K a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of FNGO and 1 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 0 added.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $911K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $269K sold.
- 2 institutional investors held MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 (FNGO) as of Q1 2020, down from 3 in Q4 2019.
- Funds reported $759K of MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 stock for Q1 2020, up 107% quarter-over-quarter.
- 1 fund opened new MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 positions in Q1 2020 and 2 closed out, a net change of -1 holder.
- The largest MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 buyer in Q1 2020 was Flow Traders U.S., an estimated $911K added.
- The largest MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 seller in Q1 2020 was Susquehanna International Group, an estimated $269K sold.
Based on aggregated 13F filings for Q1 2020.