MicroSectors U.S. Big Oil 3x Leveraged ETNs due Feb 17 2045
NRGU
15 hedge funds and large institutions have $17M invested in MicroSectors U.S. Big Oil 3x Leveraged ETNs due Feb 17 2045 in 2022 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 5 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
0.78% less ownership
Funds ownership: 2.17% → 1.39% (-0.78%)
12% less funds holding
Funds holding: 17 → 15 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
51% less capital invested
Capital invested by funds: $34.9M → $17M (-$17.9M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$8.57M |
| 2 |
Jane Street
New York
|
+$5.3M |
| 3 |
Barclays
London,
United Kingdom
|
+$1.3M |
| 4 |
TSS
Two Sigma Securities
New York
|
+$669K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$261K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Thames Capital Management
Roseland,
New Jersey
|
-$19M |
| 2 |
HF
HRT Financial
New York
|
-$5.04M |
| 3 |
BF
BOK Financial
Tulsa,
Oklahoma
|
-$1.2M |
| 4 |
Millennium Management
New York
|
-$868K |
| 5 |
Renaissance Technologies
New York
|
-$600K |
NRGU Hedge Fund Activity: Q2 2022 in Review
15 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in MicroSectors U.S. Big Oil 3x Leveraged ETNs due Feb 17 2045 (NRGU) for Q2 2022, worth a combined $17M — down 51% from $34.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NRGU and 3 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 6 added.
The largest buyer was Susquehanna International Group, adding an estimated $8.57M. The largest seller was Thames Capital Management, exiting entirely with an estimated $19M sold.
- 15 institutional investors held MicroSectors U.S. Big Oil 3x Leveraged ETNs due Feb 17 2045 (NRGU) as of Q2 2022, down from 17 in Q1 2022.
- Funds reported $17M of MicroSectors U.S. Big Oil 3x Leveraged ETNs due Feb 17 2045 stock for Q2 2022, down 51% quarter-over-quarter.
- 3 funds opened new MicroSectors U.S. Big Oil 3x Leveraged ETNs due Feb 17 2045 positions in Q2 2022 and 5 closed out, a net change of -2 holders.
- The largest MicroSectors U.S. Big Oil 3x Leveraged ETNs due Feb 17 2045 buyer in Q2 2022 was Susquehanna International Group, an estimated $8.57M added.
- The largest MicroSectors U.S. Big Oil 3x Leveraged ETNs due Feb 17 2045 seller in Q2 2022 was Thames Capital Management, an estimated $19M sold.
Based on aggregated 13F filings for Q2 2022.