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 $49.6M invested in VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return in 2015 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 5 closing their positions.
16% more capital invested
Capital invested by funds: $42.9M → $49.6M (+$6.66M)
8% less funds holding
Funds holding: 13 → 12 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$8.18M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.25M |
| 3 |
JT
Jump Trading
Chicago,
Illinois
|
+$1.05M |
| 4 |
VF
Virtu Financial
New York
|
+$901K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$499K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CT
CMT Trading
Chicago,
Illinois
|
-$2.31M |
| 2 |
Goldman Sachs
New York
|
-$981K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$717K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$380K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$260K |
DGAZ Hedge Fund Activity: Q1 2015 in Review
12 of the 3,770 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 2015, worth a combined $49.6M — up 16% from $42.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of DGAZ and 4 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 3 added.
The largest buyer was Jane Street, adding an estimated $8.18M. The largest seller was CMT Trading, exiting entirely with an estimated $2.31M sold.
- 12 institutional investors held VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return (DGAZ) as of Q1 2015, down from 13 in Q4 2014.
- Funds reported $49.6M of VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return stock for Q1 2015, up 16% 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 Q1 2015 and 5 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 Q1 2015 was Jane Street, an estimated $8.18M added.
- The largest VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return seller in Q1 2015 was CMT Trading, an estimated $2.31M sold.
Based on aggregated 13F filings for Q1 2015.