MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038
FNGO
4 hedge funds and large institutions have $5.39M invested in MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 in 2024 Q3 according to their latest regulatory filings, with 2 funds opening new positions, increasing their positions, 2 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
33% more funds holding
Funds holding: 3 → 4 (+1)
0.27% less ownership
Funds ownership: 1.79% → 1.52% (-0.27%)
18% less capital invested
Capital invested by funds: $6.59M → $5.39M (-$1.19M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$244K |
| 2 |
Jane Street
New York
|
+$213K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$1.29M |
| 2 |
IFG
Independent Financial Group
San Diego,
California
|
-$105K |
| 3 |
CFIM
Client First Investment Management
West Bend,
Wisconsin
|
-$83K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IFG
1
Independent Financial Group
San Diego,
California
| $3.67M | -$105K | -1,505 | -3% |
|
|
CFIM
2
Client First Investment Management
West Bend,
Wisconsin
| $1.25M | -$83K | -1,186 | -6% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $248K | +$244K | +3,482 | New |
|
|
4
Jane Street
New York
| $216K | +$213K | +3,041 | New |
|
|
5
Citadel Advisors
Miami,
Florida
| – | -$1.29M | -17,491 | Closed |
|
FNGO Hedge Fund Activity: Q3 2024 in Review
4 of the 6,970 institutional investors tracked by Wall St. Rank reported a position in MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 (FNGO) for Q3 2024, worth a combined $5.39M — down 18% from $6.59M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FNGO positions and 1 closed out — a net gain of 1 holder — while 0 added to existing stakes and 2 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $244K. The largest seller was Citadel Advisors, exiting entirely with an estimated $1.29M sold.
- 4 institutional investors held MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 (FNGO) as of Q3 2024, up from 3 in Q2 2024.
- Funds reported $5.39M of MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 stock for Q3 2024, down 18% quarter-over-quarter.
- 2 funds opened new MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 positions in Q3 2024 and 1 closed out, a net change of +1 holder.
- The largest MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 buyer in Q3 2024 was Susquehanna International Group, an estimated $244K added.
- The largest MicroSectors FANG+ Index 2X Leveraged ETNs due 8 Jan 2038 seller in Q3 2024 was Citadel Advisors, an estimated $1.29M sold.
Based on aggregated 13F filings for Q3 2024.