MicroSectors US Big Oil -3x Inverse Leveraged ETN
NRGD
NRGD was delisted on the 24th of July, 2024.
7 hedge funds and large institutions have $6.74M invested in MicroSectors US Big Oil -3x Inverse Leveraged ETN in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 3 closing their positions.
9% more capital invested
Capital invested by funds: $6.16M → $6.74M (+$576K)
13% less funds holding
Funds holding: 8 → 7 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$874K |
| 2 |
HF
HRT Financial
New York
|
+$678K |
| 3 |
Jane Street
New York
|
+$310K |
| 4 |
RG
Retirement Group
San Diego,
California
|
+$13.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$370K |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$296K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$273K |
| 4 |
AWM
Avior Wealth Management
Omaha,
Nebraska
|
-$231K |
| 5 |
Morgan Stanley
New York
|
-$37.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $4.59M | +$874K | +2,666 | +23% |
|
|
TRCT
2
Tower Research Capital (TRC)
New York
| $924K | -$370K | -1,130 | -28% |
|
|
HF
3
HRT Financial
New York
| $661K | +$678K | +2,070 | New |
|
|
4
Jane Street
New York
| $302K | +$310K | +945 | New |
|
|
5
UBS Group
Zurich,
Switzerland
| $250K | -$273K | -833 | -52% |
|
|
RG
6
Retirement Group
San Diego,
California
| $12K | +$13.1K | +40 | +42% |
|
|
HT
7
Headlands Technologies
Chicago,
Illinois
| $2.24K | -$1.64K | -5 | -42% |
|
|
OMC
8
Old Mission Capital
Chicago,
Illinois
| – | -$296K | -917 | Closed |
|
|
AWM
9
Avior Wealth Management
Omaha,
Nebraska
| – | -$231K | -715 | Closed |
|
|
10
Morgan Stanley
New York
| – | -$37.7K | -117 | Closed |
|
NRGD Hedge Fund Activity: Q1 2023 in Review
7 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in MicroSectors US Big Oil -3x Inverse Leveraged ETN (NRGD) for Q1 2023, worth a combined $6.74M — up 9.3% from $6.16M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NRGD and 2 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 2 added.
The largest buyer was Susquehanna International Group, adding an estimated $874K. The largest seller was Tower Research Capital (TRC), cutting an estimated $370K.
- 7 institutional investors held MicroSectors US Big Oil -3x Inverse Leveraged ETN (NRGD) as of Q1 2023, down from 8 in Q4 2022.
- Funds reported $6.74M of MicroSectors US Big Oil -3x Inverse Leveraged ETN stock for Q1 2023, up 9.3% quarter-over-quarter.
- 2 funds opened new MicroSectors US Big Oil -3x Inverse Leveraged ETN positions in Q1 2023 and 3 closed out, a net change of -1 holder.
- The largest MicroSectors US Big Oil -3x Inverse Leveraged ETN buyer in Q1 2023 was Susquehanna International Group, an estimated $874K added.
- The largest MicroSectors US Big Oil -3x Inverse Leveraged ETN seller in Q1 2023 was Tower Research Capital (TRC), an estimated $370K sold.
Based on aggregated 13F filings for Q1 2023.