MicroSectors US Big Oil -3x Inverse Leveraged ETN
NRGD
NRGD was delisted on the 24th of July, 2024.
8 hedge funds and large institutions have $4.68M invested in MicroSectors US Big Oil -3x Inverse Leveraged ETN in 2023 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 3 closing their positions.
11% less funds holding
Funds holding: 9 → 8 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
56% less capital invested
Capital invested by funds: $10.7M → $4.68M (-$5.97M)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GS
GTS Securities
New York
|
+$942K |
| 2 |
WFA
Wellspring Financial Advisors
Cleveland,
Ohio
|
+$20.3K |
| 3 |
HT
Headlands Technologies
Chicago,
Illinois
|
+$10K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.8M |
| 2 |
Jane Street
New York
|
-$1.21M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$750K |
| 4 |
HF
HRT Financial
New York
|
-$635K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$246K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HF
1
HRT Financial
New York
| $1.63M | -$635K | -2,717 | -28% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.35M | -$4.8M | -20,530 | -78% |
|
|
GS
3
GTS Securities
New York
| $926K | +$942K | +4,030 | New |
|
|
WFA
4
Wellspring Financial Advisors
Cleveland,
Ohio
| $465K | +$20.3K | +87 | +4% |
|
5
Renaissance Technologies
New York
| $276K | -$117K | -500 | -29% |
|
|
RG
6
Retirement Group
San Diego,
California
| $13.4K | – | – | – |
|
|
HT
7
Headlands Technologies
Chicago,
Illinois
| $9.88K | +$10K | +43 | New |
|
|
8
UBS Group
Zurich,
Switzerland
| $1.61K | -$750K | -3,210 | -100% |
|
|
9
Jane Street
New York
| – | -$1.21M | -5,790 | Closed |
|
|
10
Citadel Advisors
Miami,
Florida
| – | -$246K | -1,176 | Closed |
|
|
TRCT
11
Tower Research Capital (TRC)
New York
| – | -$172K | -822 | Closed |
|
NRGD Hedge Fund Activity: Q4 2023 in Review
8 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in MicroSectors US Big Oil -3x Inverse Leveraged ETN (NRGD) for Q4 2023, worth a combined $4.68M — down 56% from $10.7M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NRGD and 2 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 1 added.
The largest buyer was GTS Securities, opening a new position worth an estimated $942K. The largest seller was Susquehanna International Group, cutting an estimated $4.8M.
- 8 institutional investors held MicroSectors US Big Oil -3x Inverse Leveraged ETN (NRGD) as of Q4 2023, down from 9 in Q3 2023.
- Funds reported $4.68M of MicroSectors US Big Oil -3x Inverse Leveraged ETN stock for Q4 2023, down 56% quarter-over-quarter.
- 2 funds opened new MicroSectors US Big Oil -3x Inverse Leveraged ETN positions in Q4 2023 and 3 closed out, a net change of -1 holder.
- The largest MicroSectors US Big Oil -3x Inverse Leveraged ETN buyer in Q4 2023 was GTS Securities, an estimated $942K added.
- The largest MicroSectors US Big Oil -3x Inverse Leveraged ETN seller in Q4 2023 was Susquehanna International Group, an estimated $4.8M sold.
Based on aggregated 13F filings for Q4 2023.