MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038
FNGO
3 hedge funds and large institutions have $6.59M invested in MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 in 2024 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 2 closing their positions.
37% more capital invested
Capital invested by funds: $4.82M → $6.59M (+$1.77M)
0.15% more ownership
Funds ownership: 1.64% → 1.79% (+0.15%)
25% less funds holding
Funds holding: 4 → 3 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFIM
Client First Investment Management
West Bend,
Wisconsin
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$386K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$233K |
| 3 |
IFG
Independent Financial Group
San Diego,
California
|
-$58.9K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$11.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IFG
1
Independent Financial Group
San Diego,
California
| $3.91M | -$58.9K | -950 | -2% |
|
|
CFIM
2
Client First Investment Management
West Bend,
Wisconsin
| $1.39M | +$1.17M | +18,829 | New |
|
|
3
Citadel Advisors
Miami,
Florida
| $1.29M | -$233K | -3,755 | -18% |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$386K | -6,572 | Closed |
|
|
5
UBS Group
Zurich,
Switzerland
| – | -$11.9K | -202 | Closed |
|
FNGO Hedge Fund Activity: Q2 2024 in Review
3 of the 6,930 institutional investors tracked by Wall St. Rank reported a position in MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 (FNGO) for Q2 2024, worth a combined $6.59M — up 37% from $4.82M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of FNGO and 1 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 0 added.
The largest buyer was Client First Investment Management, opening a new position worth an estimated $1.17M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $386K sold.
- 3 institutional investors held MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 (FNGO) as of Q2 2024, down from 4 in Q1 2024.
- Funds reported $6.59M of MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 stock for Q2 2024, up 37% quarter-over-quarter.
- 1 fund opened new MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 positions in Q2 2024 and 2 closed out, a net change of -1 holder.
- The largest MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 buyer in Q2 2024 was Client First Investment Management, an estimated $1.17M added.
- The largest MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 seller in Q2 2024 was Susquehanna International Group, an estimated $386K sold.
Based on aggregated 13F filings for Q2 2024.