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.
12 hedge funds and large institutions have $6.41M invested in VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 6 closing their positions.
14% less funds holding
Funds holding: 14 → 12 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
48% less capital invested
Capital invested by funds: $12.4M → $6.41M (-$5.99M)
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
+$530K |
| 2 |
CT
CMT Trading
Chicago,
Illinois
|
+$207K |
| 3 |
Millennium Management
New York
|
+$201K |
| 4 |
HNB
Huntington National Bank
Columbus,
Ohio
|
+$99.2K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$41.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.16M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.56M |
| 3 |
OA
Oxbow Advisors
Austin,
Texas
|
-$540K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$479K |
| 5 |
Goldman Sachs
New York
|
-$270K |
DGAZ Hedge Fund Activity: Q2 2014 in Review
12 of the 3,491 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 Q2 2014, worth a combined $6.41M — down 48% from $12.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of DGAZ and 4 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 2 added.
The largest buyer was Virtu KCG Holdings, adding an estimated $530K. The largest seller was Jane Street, cutting an estimated $2.16M.
- 12 institutional investors held VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return (DGAZ) as of Q2 2014, down from 14 in Q1 2014.
- Funds reported $6.41M of VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return stock for Q2 2014, down 48% quarter-over-quarter.
- 4 funds opened new VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return positions in Q2 2014 and 6 closed out, a net change of -2 holders.
- The largest VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return buyer in Q2 2014 was Virtu KCG Holdings, an estimated $530K added.
- The largest VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return seller in Q2 2014 was Jane Street, an estimated $2.16M sold.
Based on aggregated 13F filings for Q2 2014.