MicroSectors FANG+ ETNs due Jan 8 2038
FNGS
21 hedge funds and large institutions have $31.3M invested in MicroSectors FANG+ ETNs due Jan 8 2038 in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 9 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 4
1.9% less ownership
Funds ownership: 26.4% → 24.5% (-1.9%)
12% less capital invested
Capital invested by funds: $35.5M → $31.3M (-$4.18M)
19% less funds holding
Funds holding: 26 → 21 (-5)
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
89% less call options, than puts
Call options by funds: $1.54M | Put options by funds: $13.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$4.35M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.12M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
+$1.87M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$748K |
| 5 |
Mariner
Overland Park,
Kansas
|
+$318K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$10.5M |
| 2 |
TSS
Two Sigma Securities
New York
|
-$775K |
| 3 |
GFA
Gallagher Fiduciary Advisors
Rolling Meadows,
Illinois
|
-$355K |
| 4 |
GS
GTS Securities
New York
|
-$354K |
| 5 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$276K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Simplex Trading
Chicago,
Illinois
| – | -$187K | -5,597 | Closed |
|
|
LFG
27
Larson Financial Group
St Louis,
Missouri
| – | -$80.7K | -2,400 | Closed |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| – | -$68.3K | -2,032 | Closed |
|
29
Group One Trading
Chicago,
Illinois
| – | -$13.4K | -397 | Closed |
|
|
JFGIW
30
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
| – | -$2.62K | -78 | Closed |
|
FNGS Hedge Fund Activity: Q3 2023 in Review
21 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in MicroSectors FANG+ ETNs due Jan 8 2038 (FNGS) for Q3 2023, worth a combined $31.3M — down 12% from $35.5M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FNGS and 4 opened new positions — a net loss of 5 holders — while 4 trimmed existing stakes and 9 added.
The largest buyer was Jane Street, adding an estimated $4.35M. The largest seller was Osaic Holdings, cutting an estimated $10.5M.
- 21 institutional investors held MicroSectors FANG+ ETNs due Jan 8 2038 (FNGS) as of Q3 2023, down from 26 in Q2 2023.
- Funds reported $31.3M of MicroSectors FANG+ ETNs due Jan 8 2038 stock for Q3 2023, down 12% quarter-over-quarter.
- 4 funds opened new MicroSectors FANG+ ETNs due Jan 8 2038 positions in Q3 2023 and 9 closed out, a net change of -5 holders.
- The largest MicroSectors FANG+ ETNs due Jan 8 2038 buyer in Q3 2023 was Jane Street, an estimated $4.35M added.
- The largest MicroSectors FANG+ ETNs due Jan 8 2038 seller in Q3 2023 was Osaic Holdings, an estimated $10.5M sold.
Based on aggregated 13F filings for Q3 2023.