MicroSectors U.S. Big Oil 3x Leveraged ETNs due Feb 17 2045
NRGU
15 hedge funds and large institutions have $9.5M invested in MicroSectors U.S. Big Oil 3x Leveraged ETNs due Feb 17 2045 in 2023 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 4 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
0.07% less ownership
Funds ownership: 0.82% → 0.75% (-0.07%)
6% less funds holding
Funds holding: 16 → 15 (-1)
23% less capital invested
Capital invested by funds: $12.3M → $9.5M (-$2.84M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.15M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$680K |
| 3 |
Jane Street
New York
|
+$462K |
| 4 |
Goldman Sachs
New York
|
+$325K |
| 5 |
SG Americas Securities
New York
|
+$285K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.47M |
| 2 |
HF
HRT Financial
New York
|
-$878K |
| 3 |
TSS
Two Sigma Securities
New York
|
-$229K |
| 4 |
AWM
Avior Wealth Management
Omaha,
Nebraska
|
-$200K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$118K |
NRGU Hedge Fund Activity: Q2 2023 in Review
15 of the 6,383 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 2023, worth a combined $9.5M — down 23% from $12.3M a quarter earlier.
Fund positioning in NRGU was balanced in Q2 2023: 4 funds opened new positions, 4 closed out, 4 added to existing stakes and 3 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $1.15M. The largest seller was Susquehanna International Group, cutting an estimated $2.47M.
- 15 institutional investors held MicroSectors U.S. Big Oil 3x Leveraged ETNs due Feb 17 2045 (NRGU) as of Q2 2023, down from 16 in Q1 2023.
- Funds reported $9.5M of MicroSectors U.S. Big Oil 3x Leveraged ETNs due Feb 17 2045 stock for Q2 2023, down 23% quarter-over-quarter.
- 4 funds opened new MicroSectors U.S. Big Oil 3x Leveraged ETNs due Feb 17 2045 positions in Q2 2023 and 4 closed out, a net change of 0 holders.
- The largest MicroSectors U.S. Big Oil 3x Leveraged ETNs due Feb 17 2045 buyer in Q2 2023 was Citadel Advisors, an estimated $1.15M added.
- The largest MicroSectors U.S. Big Oil 3x Leveraged ETNs due Feb 17 2045 seller in Q2 2023 was Susquehanna International Group, an estimated $2.47M sold.
Based on aggregated 13F filings for Q2 2023.