MicroSectors U.S. Big Oil 3x Leveraged ETNs due Feb 17 2045
NRGU
16 hedge funds and large institutions have $19.3M invested in MicroSectors U.S. Big Oil 3x Leveraged ETNs due Feb 17 2045 in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 2 closing their positions.
54% more capital invested
Capital invested by funds: $12.5M → $19.3M (+$6.78M)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
6% less funds holding
Funds holding: 17 → 16 (-1)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Thames Capital Management
Roseland,
New Jersey
|
+$2.49M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$516K |
| 3 |
Renaissance Technologies
New York
|
+$456K |
| 4 |
HF
HRT Financial
New York
|
+$314K |
| 5 |
DS
DRW Securities
Chicago,
Illinois
|
+$215K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.24M |
| 2 |
Jane Street
New York
|
-$871K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$689K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$284K |
| 5 |
CF
Cantor Fitzgerald
New York
|
-$248K |
NRGU Hedge Fund Activity: Q1 2024 in Review
16 of the 6,942 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 Q1 2024, worth a combined $19.3M — up 54% from $12.5M a quarter earlier.
Fund positioning in NRGU was balanced in Q1 2024: 2 funds opened new positions, 2 closed out, 4 added to existing stakes and 6 trimmed.
The largest buyer was Thames Capital Management, opening a new position worth an estimated $2.49M. The largest seller was Susquehanna International Group, cutting an estimated $1.24M.
- 16 institutional investors held MicroSectors U.S. Big Oil 3x Leveraged ETNs due Feb 17 2045 (NRGU) as of Q1 2024, down from 17 in Q4 2023.
- Funds reported $19.3M of MicroSectors U.S. Big Oil 3x Leveraged ETNs due Feb 17 2045 stock for Q1 2024, up 54% quarter-over-quarter.
- 2 funds opened new MicroSectors U.S. Big Oil 3x Leveraged ETNs due Feb 17 2045 positions in Q1 2024 and 2 closed out, a net change of 0 holders.
- The largest MicroSectors U.S. Big Oil 3x Leveraged ETNs due Feb 17 2045 buyer in Q1 2024 was Thames Capital Management, an estimated $2.49M added.
- The largest MicroSectors U.S. Big Oil 3x Leveraged ETNs due Feb 17 2045 seller in Q1 2024 was Susquehanna International Group, an estimated $1.24M sold.
Based on aggregated 13F filings for Q1 2024.