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.
14 hedge funds and large institutions have $12.4M invested in VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return in 2014 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 0 reducing their positions, and 5 closing their positions.
165% more capital inflows, than outflows
Capital inflows: $13.1M | Capital outflows: $4.96M
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
27% more funds holding
Funds holding: 11 → 14 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Flow Traders U.S.
New York
|
+$4.65M |
| 2 |
Credit Suisse
Zurich,
Switzerland
|
+$2.89M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.99M |
| 4 |
Jane Street
New York
|
+$1.48M |
| 5 |
Oxbow Advisors
Austin,
Texas
|
+$718K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Virtu Financial
New York
|
-$3.9M |
| 2 |
Millennium Management
New York
|
-$896K |
| 3 |
CMT Asset Management
Chicago,
Illinois
|
-$133K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$22K |
| 5 |
Citigroup
New York
|
-$12K |
DGAZ Hedge Fund Activity: Q1 2014 in Review
14 of the 3,475 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 Q1 2014, worth a combined $12.4M — up 12% from $11.1M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new DGAZ positions and 5 closed out — a net gain of 3 holders — while 6 added to existing stakes and 0 trimmed.
The largest buyer was Flow Traders U.S., adding an estimated $4.65M. The largest seller was Virtu Financial, exiting entirely with an estimated $3.9M sold.
- 14 institutional investors held VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return (DGAZ) as of Q1 2014, up from 11 in Q4 2013.
- Funds reported $12.4M of VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return stock for Q1 2014, up 12% quarter-over-quarter.
- 8 funds opened new VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return positions in Q1 2014 and 5 closed out, a net change of +3 holders.
- The largest VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return buyer in Q1 2014 was Flow Traders U.S., an estimated $4.65M added.
- The largest VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return seller in Q1 2014 was Virtu Financial, an estimated $3.9M sold.
Based on aggregated 13F filings for Q1 2014.