Formidable Fortress ETF
KONG
4 hedge funds and large institutions have $26.3M invested in Formidable Fortress ETF in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
33% more funds holding
Funds holding: 3 → 4 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $26.6M → $26.3M (-$245K)
2.56% less ownership
Funds ownership: 97.63% → 95.07% (-2.6%)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GS
GTS Securities
New York
|
+$305K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$234K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
-$1.98M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$24.1K |
| 3 |
Morgan Stanley
New York
|
-$27 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FAM
1
Formidable Asset Management
Cincinnati,
Ohio
| $25.8M | -$1.98M | -74,179 | -7% |
|
|
GS
2
GTS Securities
New York
| $317K | +$305K | +11,440 | New |
|
|
3
Citadel Advisors
Miami,
Florida
| $243K | +$234K | +8,762 | New |
|
|
4
Morgan Stanley
New York
| $28 | -$27 | -1 | -50% |
|
|
5
UBS Group
Zurich,
Switzerland
| – | -$24.1K | -912 | Closed |
|
KONG Hedge Fund Activity: Q1 2024 in Review
4 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Formidable Fortress ETF (KONG) for Q1 2024, worth a combined $26.3M — down 0.92% from $26.6M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new KONG positions and 1 closed out — a net gain of 1 holder — while 0 added to existing stakes and 2 trimmed.
The largest buyer was GTS Securities, opening a new position worth an estimated $305K. The largest seller was Formidable Asset Management, cutting an estimated $1.98M.
- 4 institutional investors held Formidable Fortress ETF (KONG) as of Q1 2024, up from 3 in Q4 2023.
- Funds reported $26.3M of Formidable Fortress ETF stock for Q1 2024, down 0.92% quarter-over-quarter.
- 2 funds opened new Formidable Fortress ETF positions in Q1 2024 and 1 closed out, a net change of +1 holder.
- The largest Formidable Fortress ETF buyer in Q1 2024 was GTS Securities, an estimated $305K added.
- The largest Formidable Fortress ETF seller in Q1 2024 was Formidable Asset Management, an estimated $1.98M sold.
Based on aggregated 13F filings for Q1 2024.