MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038
FNGO
6 hedge funds and large institutions have $4.67M invested in MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 in 2023 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 0 closing their positions.
50% more funds holding
Funds holding: 4 → 6 (+2)
19% more capital invested
Capital invested by funds: $3.94M → $4.67M (+$731K)
0.31% less ownership
Funds ownership: 2.34% → 2.03% (-0.31%)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IFG
Independent Financial Group
San Diego,
California
|
+$88.1K |
| 2 |
JP Morgan Chase
New York
|
+$7.44K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.68M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$70.2K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$41.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IFG
1
Independent Financial Group
San Diego,
California
| $2.47M | +$88.1K | +2,250 | +4% |
|
|
CFIM
2
Client First Investment Management
West Bend,
Wisconsin
| $1.29M | +$1.1M | +28,051 | New |
|
|
3
Citadel Advisors
Miami,
Florida
| $651K | -$41.3K | -1,054 | -7% |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $247K | -$1.68M | -42,955 | -89% |
|
|
5
JP Morgan Chase
New York
| $8.75K | +$7.44K | +190 | New |
|
|
6
UBS Group
Zurich,
Switzerland
| $1.75K | -$70.2K | -1,791 | -98% |
|
FNGO Hedge Fund Activity: Q4 2023 in Review
6 of the 6,864 institutional investors tracked by Wall St. Rank reported a position in MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 (FNGO) for Q4 2023, worth a combined $4.67M — up 19% from $3.94M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FNGO positions and 0 closed out — a net gain of 2 holders — while 1 added to existing stakes and 3 trimmed.
The largest buyer was Independent Financial Group, adding an estimated $88.1K. The largest seller was Susquehanna International Group, cutting an estimated $1.68M.
- 6 institutional investors held MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 (FNGO) as of Q4 2023, up from 4 in Q3 2023.
- Funds reported $4.67M of MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 stock for Q4 2023, up 19% quarter-over-quarter.
- 2 funds opened new MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 positions in Q4 2023 and 0 closed out, a net change of +2 holders.
- The largest MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 buyer in Q4 2023 was Independent Financial Group, an estimated $88.1K added.
- The largest MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 seller in Q4 2023 was Susquehanna International Group, an estimated $1.68M sold.
Based on aggregated 13F filings for Q4 2023.