MicroSectors FANG+ ETNs due Jan 8 2038
FNGS
30 hedge funds and large institutions have $95.4M invested in MicroSectors FANG+ ETNs due Jan 8 2038 in 2024 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 4 closing their positions.
2,608% more call options, than puts
Call options by funds: $14.2M | Put options by funds: $524K
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
29% more capital invested
Capital invested by funds: $73.9M → $95.4M (+$21.5M)
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
3% more funds holding
Funds holding: 29 → 30 (+1)
6.8% less ownership
Funds ownership: 43.54% → 36.74% (-6.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$8.47M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$3.63M |
| 3 |
Jane Street
New York
|
+$3.05M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$954K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$833K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.07M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.05M |
| 3 |
TAM
Tucker Asset Management
Littleton,
Colorado
|
-$664K |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$575K |
| 5 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$403K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
National Bank of Canada
Montreal,
Quebec, Canada
| $25.6K | – | – | – |
|
|
VF
27
VitalStone Financial
Shavano Park,
Texas
| $14K | +$13.1K | +319 | New |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $10K | +$9.55K | +232 | New |
|
|
GEA
29
Glen Eagle Advisors
Kingston,
New Jersey
| $8.66K | – | – | – |
|
30
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $909 | +$865 | +21 | New |
|
|
31
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$1.05M | -27,836 | Closed |
|
|
TAM
32
Tucker Asset Management
Littleton,
Colorado
| – | -$664K | -17,587 | Closed |
|
|
CG
33
Cutler Group
San Francisco,
California
| – | -$24K | -662 | Closed |
|
34
Morgan Stanley
New York
| – | -$4.91K | -130 | Closed |
|
FNGS Hedge Fund Activity: Q1 2024 in Review
30 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in MicroSectors FANG+ ETNs due Jan 8 2038 (FNGS) for Q1 2024, worth a combined $95.4M — up 29% from $73.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FNGS positions and 4 closed out — a net gain of 2 holders — while 11 added to existing stakes and 9 trimmed.
The largest buyer was Osaic Holdings, adding an estimated $8.47M. The largest seller was Royal Bank of Canada, cutting an estimated $5.07M.
- 30 institutional investors held MicroSectors FANG+ ETNs due Jan 8 2038 (FNGS) as of Q1 2024, up from 29 in Q4 2023.
- Funds reported $95.4M of MicroSectors FANG+ ETNs due Jan 8 2038 stock for Q1 2024, up 29% quarter-over-quarter.
- 6 funds opened new MicroSectors FANG+ ETNs due Jan 8 2038 positions in Q1 2024 and 4 closed out, a net change of +2 holders.
- The largest MicroSectors FANG+ ETNs due Jan 8 2038 buyer in Q1 2024 was Osaic Holdings, an estimated $8.47M added.
- The largest MicroSectors FANG+ ETNs due Jan 8 2038 seller in Q1 2024 was Royal Bank of Canada, an estimated $5.07M sold.
Based on aggregated 13F filings for Q1 2024.