Formidable Fortress ETF
KONG
3 hedge funds and large institutions have $19M invested in Formidable Fortress ETF in 2021 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
50% more funds holding
Funds holding: 2 → 3 (+1)
19% more capital invested
Capital invested by funds: $15.9M → $19M (+$3.07M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.24% less ownership
Funds ownership: 97.31% → 97.07% (-0.24%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
+$2.04M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$50.4K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$479 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$405K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FAM
1
Formidable Asset Management
Cincinnati,
Ohio
| $18.9M | +$2.04M | +81,118 | +13% |
|
|
2
Osaic Holdings
Scottsdale,
Arizona
| $53K | +$50.4K | +2,000 | New |
|
|
3
Citadel Advisors
Miami,
Florida
| – | -$405K | -16,847 | Closed |
|
|
4
UBS Group
Zurich,
Switzerland
| – | +$479 | +19 | New |
|
KONG Hedge Fund Activity: Q4 2021 in Review
3 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in Formidable Fortress ETF (KONG) for Q4 2021, worth a combined $19M — up 19% from $15.9M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new KONG positions and 1 closed out — a net gain of 1 holder — while 1 added to existing stakes and 0 trimmed.
The largest buyer was Formidable Asset Management, adding an estimated $2.04M. The largest seller was Citadel Advisors, exiting entirely with an estimated $405K sold.
- 3 institutional investors held Formidable Fortress ETF (KONG) as of Q4 2021, up from 2 in Q3 2021.
- Funds reported $19M of Formidable Fortress ETF stock for Q4 2021, up 19% quarter-over-quarter.
- 2 funds opened new Formidable Fortress ETF positions in Q4 2021 and 1 closed out, a net change of +1 holder.
- The largest Formidable Fortress ETF buyer in Q4 2021 was Formidable Asset Management, an estimated $2.04M added.
- The largest Formidable Fortress ETF seller in Q4 2021 was Citadel Advisors, an estimated $405K sold.
Based on aggregated 13F filings for Q4 2021.