MicroSectors US Big Oil -3x Inverse Leveraged ETN
NRGD
NRGD was delisted on the 24th of July, 2024.
3 hedge funds and large institutions have $1.82M invested in MicroSectors US Big Oil -3x Inverse Leveraged ETN in 2024 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 0 reducing their positions, and 5 closing their positions.
61% less capital invested
Capital invested by funds: $4.68M → $1.82M (-$2.86M)
63% less funds holding
Funds holding: 8 → 3 (-5)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$699K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$405K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$1.63M |
| 2 |
GS
GTS Securities
New York
|
-$926K |
| 3 |
WFA
Wellspring Financial Advisors
Cleveland,
Ohio
|
-$465K |
| 4 |
HT
Headlands Technologies
Chicago,
Illinois
|
-$9.88K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.61K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.14M | +$405K | +1,973 | +34% |
|
|
2
Renaissance Technologies
New York
| $666K | +$699K | +3,400 | +283% |
|
|
RG
3
Retirement Group
San Diego,
California
| $13.2K | – | – | – |
|
|
HF
4
HRT Financial
New York
| – | -$1.63M | -7,104 | Closed |
|
|
GS
5
GTS Securities
New York
| – | -$926K | -4,030 | Closed |
|
|
WFA
6
Wellspring Financial Advisors
Cleveland,
Ohio
| – | -$465K | -2,025 | Closed |
|
|
HT
7
Headlands Technologies
Chicago,
Illinois
| – | -$9.88K | -43 | Closed |
|
|
8
UBS Group
Zurich,
Switzerland
| – | -$1.61K | -7 | Closed |
|
NRGD Hedge Fund Activity: Q1 2024 in Review
3 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in MicroSectors US Big Oil -3x Inverse Leveraged ETN (NRGD) for Q1 2024, worth a combined $1.82M — down 61% from $4.68M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NRGD and 0 opened new positions — a net loss of 5 holders — while 0 trimmed existing stakes and 2 added.
The largest buyer was Renaissance Technologies, adding an estimated $699K. The largest seller was HRT Financial, exiting entirely with an estimated $1.63M sold.
- 3 institutional investors held MicroSectors US Big Oil -3x Inverse Leveraged ETN (NRGD) as of Q1 2024, down from 8 in Q4 2023.
- Funds reported $1.82M of MicroSectors US Big Oil -3x Inverse Leveraged ETN stock for Q1 2024, down 61% quarter-over-quarter.
- 0 funds opened new MicroSectors US Big Oil -3x Inverse Leveraged ETN positions in Q1 2024 and 5 closed out, a net change of -5 holders.
- The largest MicroSectors US Big Oil -3x Inverse Leveraged ETN buyer in Q1 2024 was Renaissance Technologies, an estimated $699K added.
- The largest MicroSectors US Big Oil -3x Inverse Leveraged ETN seller in Q1 2024 was HRT Financial, an estimated $1.63M sold.
Based on aggregated 13F filings for Q1 2024.