MicroSectors FANG+ ETNs due Jan 8 2038
FNGS
29 hedge funds and large institutions have $73.9M invested in MicroSectors FANG+ ETNs due Jan 8 2038 in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
136% more capital invested
Capital invested by funds: $31.3M → $73.9M (+$42.6M)
38% more funds holding
Funds holding: 21 → 29 (+8)
19.04% more ownership
Funds ownership: 24.5% → 43.54% (+19%)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
79% less call options, than puts
Call options by funds: $3.2M | Put options by funds: $15.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$17.1M |
| 2 |
Jane Street
New York
|
+$11.5M |
| 3 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$4.82M |
| 4 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$1.26M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$964K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.42M |
| 2 |
Parallax Volatility Advisers
San Francisco,
California
|
-$1.93M |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$564K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$169K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$30.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NA
26
NewEdge Advisors
New Orleans,
Louisiana
| $13.2K | +$12.1K | +350 | New |
|
|
CAS
27
Coppell Advisory Solutions
Coppell,
Texas
| $7.55K | – | – | – |
|
|
GEA
28
Glen Eagle Advisors
Kingston,
New Jersey
| $7.55K | – | – | – |
|
29
Morgan Stanley
New York
| $4.91K | +$4.5K | +130 | New |
|
|
30
Parallax Volatility Advisers
San Francisco,
California
| – | -$1.93M | -55,796 | Closed |
|
|
31
UBS Group
Zurich,
Switzerland
| – | -$30.3K | -949 | Closed |
|
FNGS Hedge Fund Activity: Q4 2023 in Review
29 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in MicroSectors FANG+ ETNs due Jan 8 2038 (FNGS) for Q4 2023, worth a combined $73.9M — up 136% from $31.3M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FNGS positions and 2 closed out — a net gain of 8 holders — while 6 added to existing stakes and 7 trimmed.
The largest buyer was Osaic Holdings, adding an estimated $17.1M. The largest seller was Susquehanna International Group, cutting an estimated $2.42M.
- 29 institutional investors held MicroSectors FANG+ ETNs due Jan 8 2038 (FNGS) as of Q4 2023, up from 21 in Q3 2023.
- Funds reported $73.9M of MicroSectors FANG+ ETNs due Jan 8 2038 stock for Q4 2023, up 136% quarter-over-quarter.
- 10 funds opened new MicroSectors FANG+ ETNs due Jan 8 2038 positions in Q4 2023 and 2 closed out, a net change of +8 holders.
- The largest MicroSectors FANG+ ETNs due Jan 8 2038 buyer in Q4 2023 was Osaic Holdings, an estimated $17.1M added.
- The largest MicroSectors FANG+ ETNs due Jan 8 2038 seller in Q4 2023 was Susquehanna International Group, an estimated $2.42M sold.
Based on aggregated 13F filings for Q4 2023.