Large Cap Growth Index-Linked Exchange Traded Notes due 2028
FRLG
FRLG was delisted on the 14th of February, 2022.
7 hedge funds and large institutions have $68.5M invested in Large Cap Growth Index-Linked Exchange Traded Notes due 2028 in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 3 closing their positions.
13% less funds holding
Funds holding: 8 → 7 (-1)
31.63% less ownership
Funds ownership: 48.04% → 16.41% (-32%)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
57% less capital invested
Capital invested by funds: $160M → $68.5M (-$91.3M)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$244K |
| 2 |
JFA
JNBA Financial Advisors
Bloomington,
Minnesota
|
+$189K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$147K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$106M |
| 2 |
Fisher Asset Management
Camas,
Washington
|
-$13.6M |
| 3 |
IMC Chicago
Chicago,
Illinois
|
-$3.35M |
| 4 |
Jane Street
New York
|
-$956K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$153K |
FRLG Hedge Fund Activity: Q3 2020 in Review
7 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Large Cap Growth Index-Linked Exchange Traded Notes due 2028 (FRLG) for Q3 2020, worth a combined $68.5M — down 57% from $160M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FRLG and 2 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 1 added.
The largest buyer was HRT Financial, opening a new position worth an estimated $244K. The largest seller was Goldman Sachs, cutting an estimated $106M.
- 7 institutional investors held Large Cap Growth Index-Linked Exchange Traded Notes due 2028 (FRLG) as of Q3 2020, down from 8 in Q2 2020.
- Funds reported $68.5M of Large Cap Growth Index-Linked Exchange Traded Notes due 2028 stock for Q3 2020, down 57% quarter-over-quarter.
- 2 funds opened new Large Cap Growth Index-Linked Exchange Traded Notes due 2028 positions in Q3 2020 and 3 closed out, a net change of -1 holder.
- The largest Large Cap Growth Index-Linked Exchange Traded Notes due 2028 buyer in Q3 2020 was HRT Financial, an estimated $244K added.
- The largest Large Cap Growth Index-Linked Exchange Traded Notes due 2028 seller in Q3 2020 was Goldman Sachs, an estimated $106M sold.
Based on aggregated 13F filings for Q3 2020.