Confluence Investment Management’s VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return DGAZ Stock Holding History

Confluence Investment Management’s Portfolio DGAZ Stock Details DGAZ Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-113	Closed	-$69K	–	244
2016 Q3	$69K	Buy	+113	New	+$78.5K	﹤0.01%	223

Other funds holding DGAZ

Credit Suisse Zurich, Switzerland $104B AUM 34.76% 1-Year Est. Return

Virtu Financial New York $2.41B AUM 48.35% 1-Year Est. Return

FTUS

Flow Traders U.S. New York $3.16B AUM 19.52% 1-Year Est. Return

Jane Street New York $777B AUM 61.18% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $893B AUM 36.07% 1-Year Est. Return

TSS

Two Sigma Securities New York $861M AUM 21.33% 1-Year Est. Return

BBHC

Brown Brothers Harriman & Co New York $18.6B AUM 15.81% 1-Year Est. Return

VKH

Virtu KCG Holdings New York $3.6B AUM 17.11% 1-Year Est. Return

WMSA

Weiss Multi-Strategy Advisers New York $4.16B AUM 30.77% 1-Year Est. Return

Citadel Advisors Miami, Florida $618B AUM 30.34% 1-Year Est. Return

Confluence Investment Management's DGAZ Position: Q4 2016 in Review

Confluence Investment Management sold out of VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return (DGAZ) in Q4 2016, closing a stake of 113 shares — an estimated $69K sold.

Confluence Investment Management first reported a position in DGAZ in Q3 2016 and held it in 1 quarter. The position peaked at $69K in Q3 2016. 14 funds tracked by Wall St. Rank hold DGAZ as of Q4 2016.

Confluence Investment Management reported no remaining VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return position as of Q4 2016 after selling out during the quarter.
Confluence Investment Management sold 113 VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return shares in Q4 2016, an estimated $69K.
Confluence Investment Management first reported a position in VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return in Q3 2016 and held it in 1 quarter.
Confluence Investment Management's VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return position peaked at $69K in Q3 2016.
14 funds tracked by Wall St. Rank held VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return as of Q4 2016.

Based on Confluence Investment Management's 13F filing for Q4 2016, filed 14 Feb 2017.