MicroSectors FANG+ Index -2X Inverse Leveraged ETNs due January 8, 2038
FNGZ
FNGZ was delisted on the 16th of December, 2021.
2 hedge funds and large institutions have $227K invested in MicroSectors FANG+ Index -2X Inverse Leveraged ETNs due January 8, 2038 in 2019 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 1 closing their positions.
0% more funds holding
Funds holding: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
73% less capital invested
Capital invested by funds: $837K → $227K (-$610K)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$11K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$379K |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$222K |
FNGZ Hedge Fund Activity: Q3 2019 in Review
2 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in MicroSectors FANG+ Index -2X Inverse Leveraged ETNs due January 8, 2038 (FNGZ) for Q3 2019, worth a combined $227K — down 73% from $837K a quarter earlier.
Fund positioning in FNGZ was balanced in Q3 2019: 1 fund opened new positions, 1 closed out, 0 added to existing stakes and 1 trimmed.
The largest buyer was UBS Group, opening a new position worth an estimated $11K. The largest seller was Virtu Financial, exiting entirely with an estimated $379K sold.
- 2 institutional investors held MicroSectors FANG+ Index -2X Inverse Leveraged ETNs due January 8, 2038 (FNGZ) as of Q3 2019, unchanged from Q2 2019.
- Funds reported $227K of MicroSectors FANG+ Index -2X Inverse Leveraged ETNs due January 8, 2038 stock for Q3 2019, down 73% quarter-over-quarter.
- 1 fund opened new MicroSectors FANG+ Index -2X Inverse Leveraged ETNs due January 8, 2038 positions in Q3 2019 and 1 closed out, a net change of 0 holders.
- The largest MicroSectors FANG+ Index -2X Inverse Leveraged ETNs due January 8, 2038 buyer in Q3 2019 was UBS Group, an estimated $11K added.
- The largest MicroSectors FANG+ Index -2X Inverse Leveraged ETNs due January 8, 2038 seller in Q3 2019 was Virtu Financial, an estimated $379K sold.
Based on aggregated 13F filings for Q3 2019.