VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return
DGAZ
DGAZ was delisted on the 10th of July, 2020.
5 hedge funds and large institutions have $4.18M invested in VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return in 2013 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 2 closing their positions.
17% less funds holding
Funds holding: 6 → 5 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
62% less capital invested
Capital invested by funds: $11.1M → $4.18M (-$6.92M)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.59M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$38.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$7.71M |
| 2 |
VF
Virtu Financial
New York
|
-$1.25M |
| 3 |
Jane Street
New York
|
-$540K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$20K |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
-$15K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $2.64M | +$2.59M | +1,807 | New |
|
|
VF
2
Virtu Financial
New York
| $713K | -$1.25M | -871 | -64% |
|
|
3
Jane Street
New York
| $488K | -$540K | -377 | -53% |
|
|
FTUS
4
Flow Traders U.S.
New York
| $337K | +$38.7K | +27 | +13% |
|
|
U
5
UBS
Zurich,
Switzerland
| $3K | -$20K | -14 | -88% |
|
|
6
Goldman Sachs
New York
| – | -$7.71M | -5,228 | Closed |
|
|
7
Nomura Holdings
Tokyo,
Japan
| – | -$15K | -10 | Closed |
|
DGAZ Hedge Fund Activity: Q3 2013 in Review
5 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return (DGAZ) for Q3 2013, worth a combined $4.18M — down 62% from $11.1M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of DGAZ and 1 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 1 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $2.59M. The largest seller was Goldman Sachs, exiting entirely with an estimated $7.71M sold.
- 5 institutional investors held VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return (DGAZ) as of Q3 2013, down from 6 in Q2 2013.
- Funds reported $4.18M of VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return stock for Q3 2013, down 62% quarter-over-quarter.
- 1 fund opened new VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return positions in Q3 2013 and 2 closed out, a net change of -1 holder.
- The largest VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return buyer in Q3 2013 was Susquehanna International Group, an estimated $2.59M added.
- The largest VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return seller in Q3 2013 was Goldman Sachs, an estimated $7.71M sold.
Based on aggregated 13F filings for Q3 2013.