MicroSectors U.S. Big Oil 3x Leveraged ETNs due Feb 17 2045
NRGU
17 hedge funds and large institutions have $3.55M invested in MicroSectors U.S. Big Oil 3x Leveraged ETNs due Feb 17 2045 in 2024 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 1 increasing their positions, 6 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
6% more funds holding
Funds holding: 16 → 17 (+1)
82% less capital invested
Capital invested by funds: $19.3M → $3.55M (-$15.8M)
83% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RWM
Ritholtz Wealth Management
New York
|
+$270K |
| 2 |
Goldman Sachs
New York
|
+$228K |
| 3 |
DS
DRW Securities
Chicago,
Illinois
|
+$5.06K |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$2.81K |
| 5 |
Jones Financial Companies
Des Peres,
Missouri
|
+$1.13K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.58M |
| 2 |
TCM
Thames Capital Management
Roseland,
New Jersey
|
-$3.37M |
| 3 |
HF
HRT Financial
New York
|
-$2.23M |
| 4 |
Renaissance Technologies
New York
|
-$1.6M |
| 5 |
Jane Street
New York
|
-$1.04M |
NRGU Hedge Fund Activity: Q2 2024 in Review
17 of the 6,935 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 2024, worth a combined $3.55M — down 82% from $19.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NRGU positions and 5 closed out — a net gain of 1 holder — while 1 added to existing stakes and 6 trimmed.
The largest buyer was Ritholtz Wealth Management, opening a new position worth an estimated $270K. The largest seller was Susquehanna International Group, cutting an estimated $4.58M.
- 17 institutional investors held MicroSectors U.S. Big Oil 3x Leveraged ETNs due Feb 17 2045 (NRGU) as of Q2 2024, up from 16 in Q1 2024.
- Funds reported $3.55M of MicroSectors U.S. Big Oil 3x Leveraged ETNs due Feb 17 2045 stock for Q2 2024, down 82% quarter-over-quarter.
- 6 funds opened new MicroSectors U.S. Big Oil 3x Leveraged ETNs due Feb 17 2045 positions in Q2 2024 and 5 closed out, a net change of +1 holder.
- The largest MicroSectors U.S. Big Oil 3x Leveraged ETNs due Feb 17 2045 buyer in Q2 2024 was Ritholtz Wealth Management, an estimated $270K added.
- The largest MicroSectors U.S. Big Oil 3x Leveraged ETNs due Feb 17 2045 seller in Q2 2024 was Susquehanna International Group, an estimated $4.58M sold.
Based on aggregated 13F filings for Q2 2024.