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.
8 hedge funds and large institutions have $2.23M invested in VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return in 2014 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 6 closing their positions.
33% less funds holding
Funds holding: 12 → 8 (-4)
65% less capital invested
Capital invested by funds: $6.41M → $2.23M (-$4.18M)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$480K |
| 2 |
JT
Jump Trading
Chicago,
Illinois
|
+$209K |
| 3 |
EWM
Elite Wealth Management
Kirkland,
Washington
|
+$4.19K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$2.48M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.89M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$806K |
| 4 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
-$318K |
| 5 |
Millennium Management
New York
|
-$204K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FTUS
1
Flow Traders U.S.
New York
| $930K | -$2.48M | -5,919 | -70% |
|
|
2
Jane Street
New York
| $589K | +$480K | +1,146 | +239% |
|
|
BRWM
3
B. Riley Wealth Management
Memphis,
Tennessee
| $195K | -$318K | -760 | -58% |
|
|
JT
4
Jump Trading
Chicago,
Illinois
| $180K | +$209K | +498 | New |
|
|
CT
5
CMT Trading
Chicago,
Illinois
| $154K | -$108K | -259 | -38% |
|
|
HNB
6
Huntington National Bank
Columbus,
Ohio
| $119K | – | – | – |
|
|
VKH
7
Virtu KCG Holdings
New York
| $58K | -$806K | -1,924 | -92% |
|
|
EWM
8
Elite Wealth Management
Kirkland,
Washington
| $4K | +$4.19K | +10 | New |
|
|
CS
9
Credit Suisse
Zurich,
Switzerland
| – | -$1.89M | -6,143 | Closed |
|
|
10
Millennium Management
New York
| – | -$204K | -665 | Closed |
|
11
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$187K | -611 | Closed |
|
12
Citigroup
New York
| – | -$12K | -38 | Closed |
|
|
WA
13
WFG Advisors
Dallas,
Texas
| – | -$9K | -29 | Closed |
|
|
U
14
UBS
Zurich,
Switzerland
| – | -$6K | -20 | Closed |
|
DGAZ Hedge Fund Activity: Q3 2014 in Review
8 of the 3,447 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 2014, worth a combined $2.23M — down 65% from $6.41M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of DGAZ and 2 opened new positions — a net loss of 4 holders — while 4 trimmed existing stakes and 1 added.
The largest buyer was Jane Street, adding an estimated $480K. The largest seller was Flow Traders U.S., cutting an estimated $2.48M.
- 8 institutional investors held VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return (DGAZ) as of Q3 2014, down from 12 in Q2 2014.
- Funds reported $2.23M of VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return stock for Q3 2014, down 65% quarter-over-quarter.
- 2 funds opened new VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return positions in Q3 2014 and 6 closed out, a net change of -4 holders.
- The largest VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return buyer in Q3 2014 was Jane Street, an estimated $480K added.
- The largest VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return seller in Q3 2014 was Flow Traders U.S., an estimated $2.48M sold.
Based on aggregated 13F filings for Q3 2014.