MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038
FNGO
5 hedge funds and large institutions have $3.22M invested in MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and closing their positions.
25% more funds holding
Funds holding: 4 → 5 (+1)
17% more capital invested
Capital invested by funds: $2.75M → $3.22M (+$479K)
1.51% less ownership
Funds ownership: 4.06% → 2.55% (-1.5%)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFA
Gallagher Fiduciary Advisors
Rolling Meadows,
Illinois
|
+$1.23M |
| 2 |
IFG
Independent Financial Group
San Diego,
California
|
+$249K |
| 3 |
Goldman Sachs
New York
|
+$224K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$70.2K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$45.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GFA
1
Gallagher Fiduciary Advisors
Rolling Meadows,
Illinois
| $1.58M | +$1.23M | +62,500 | New |
|
|
2
Citadel Advisors
Miami,
Florida
| $1.03M | -$70.2K | -3,573 | -8% |
|
|
IFG
3
Independent Financial Group
San Diego,
California
| $320K | +$249K | +12,650 | New |
|
|
4
Goldman Sachs
New York
| $288K | +$224K | +11,388 | New |
|
|
5
UBS Group
Zurich,
Switzerland
| $987 | -$45.8K | -2,331 | -98% |
|
FNGO Hedge Fund Activity: Q1 2023 in Review
5 of the 6,278 institutional investors tracked by Wall St. Rank reported a position in MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 (FNGO) for Q1 2023, worth a combined $3.22M — up 17% from $2.75M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FNGO positions and 0 closed out — a net gain of 3 holders — while 0 added to existing stakes and 2 trimmed.
The largest buyer was Gallagher Fiduciary Advisors, opening a new position worth an estimated $1.23M. The largest seller was Citadel Advisors, cutting an estimated $70.2K.
- 5 institutional investors held MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 (FNGO) as of Q1 2023, up from 4 in Q4 2022.
- Funds reported $3.22M of MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 stock for Q1 2023, up 17% quarter-over-quarter.
- 3 funds opened new MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 positions in Q1 2023 and 0 closed out, a net change of +3 holders.
- The largest MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 buyer in Q1 2023 was Gallagher Fiduciary Advisors, an estimated $1.23M added.
- The largest MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 seller in Q1 2023 was Citadel Advisors, an estimated $70.2K sold.
Based on aggregated 13F filings for Q1 2023.