Formidable Fortress ETF
KONG
3 hedge funds and large institutions have $26.6M invested in Formidable Fortress ETF in 2023 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 0 reducing their positions, and 2 closing their positions.
1% more capital invested
Capital invested by funds: $26.3M → $26.6M (+$295K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.76% less ownership
Funds ownership: 99.39% → 97.63% (-1.8%)
25% less funds holding
Funds holding: 4 → 3 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
+$187K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$20.7K |
| 3 |
Morgan Stanley
New York
|
+$51 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GS
GTS Securities
New York
|
-$810K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$353K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FAM
1
Formidable Asset Management
Cincinnati,
Ohio
| $26.6M | +$187K | +7,339 | +0.7% |
|
|
2
UBS Group
Zurich,
Switzerland
| $24.1K | +$20.7K | +812 | +812% |
|
|
3
Morgan Stanley
New York
| $52 | +$51 | +2 | New |
|
|
GS
4
GTS Securities
New York
| – | -$810K | -32,163 | Closed |
|
|
5
Citadel Advisors
Miami,
Florida
| – | -$353K | -13,997 | Closed |
|
KONG Hedge Fund Activity: Q4 2023 in Review
3 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Formidable Fortress ETF (KONG) for Q4 2023, worth a combined $26.6M — up 1.1% from $26.3M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of KONG and 1 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 2 added.
The largest buyer was Formidable Asset Management, adding an estimated $187K. The largest seller was GTS Securities, exiting entirely with an estimated $810K sold.
- 3 institutional investors held Formidable Fortress ETF (KONG) as of Q4 2023, down from 4 in Q3 2023.
- Funds reported $26.6M of Formidable Fortress ETF stock for Q4 2023, up 1.1% quarter-over-quarter.
- 1 fund opened new Formidable Fortress ETF positions in Q4 2023 and 2 closed out, a net change of -1 holder.
- The largest Formidable Fortress ETF buyer in Q4 2023 was Formidable Asset Management, an estimated $187K added.
- The largest Formidable Fortress ETF seller in Q4 2023 was GTS Securities, an estimated $810K sold.
Based on aggregated 13F filings for Q4 2023.