MicroSectors FANG+ ETNs due Jan 8 2038
FNGS
37 hedge funds and large institutions have $115M invested in MicroSectors FANG+ ETNs due Jan 8 2038 in 2024 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 10 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
90% more capital invested
Capital invested by funds: $60.5M → $115M (+$54.3M)
70% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 10
47% more call options, than puts
Call options by funds: $8.32M | Put options by funds: $5.64M
10.36% more ownership
Funds ownership: 16.34% → 26.7% (+10%)
9% more funds holding
Funds holding: 34 → 37 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$32.5M |
| 2 |
Jane Street
New York
|
+$2.75M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$2.75M |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$2.45M |
| 5 |
EMCIP
Ewing Morris & Co Investment Partners
Toronto,
Ontario, Canada
|
+$1.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IFG
Independent Financial Group
San Diego,
California
|
-$1.19M |
| 2 |
GS
GTS Securities
New York
|
-$803K |
| 3 |
Belvedere Trading
Chicago,
Illinois
|
-$731K |
| 4 |
Walleye Capital
New York
|
-$678K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$257K |
FNGS Hedge Fund Activity: Q4 2024 in Review
37 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in MicroSectors FANG+ ETNs due Jan 8 2038 (FNGS) for Q4 2024, worth a combined $115M — up 90% from $60.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FNGS positions and 3 closed out — a net gain of 4 holders — while 17 added to existing stakes and 10 trimmed.
The largest buyer was Osaic Holdings, adding an estimated $32.5M. The largest seller was Independent Financial Group, cutting an estimated $1.19M.
- 37 institutional investors held MicroSectors FANG+ ETNs due Jan 8 2038 (FNGS) as of Q4 2024, up from 34 in Q3 2024.
- Funds reported $115M of MicroSectors FANG+ ETNs due Jan 8 2038 stock for Q4 2024, up 90% quarter-over-quarter.
- 7 funds opened new MicroSectors FANG+ ETNs due Jan 8 2038 positions in Q4 2024 and 3 closed out, a net change of +4 holders.
- The largest MicroSectors FANG+ ETNs due Jan 8 2038 buyer in Q4 2024 was Osaic Holdings, an estimated $32.5M added.
- The largest MicroSectors FANG+ ETNs due Jan 8 2038 seller in Q4 2024 was Independent Financial Group, an estimated $1.19M sold.
Based on aggregated 13F filings for Q4 2024.