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.
11 hedge funds and large institutions have $23.8M invested in VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return in 2015 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 4 closing their positions.
8% less funds holding
Funds holding: 12 → 11 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
52% less capital invested
Capital invested by funds: $49.6M → $23.8M (-$25.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$702K |
| 2 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
+$534K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$272K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$149K |
| 5 |
ACM
Argentus Capital Management
Dallas,
Texas
|
+$132K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$9.15M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$3.55M |
| 3 |
VF
Virtu Financial
New York
|
-$2.81M |
| 4 |
JT
Jump Trading
Chicago,
Illinois
|
-$1.15M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$284K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
1
Credit Suisse
Zurich,
Switzerland
| $20.6M | +$702K | +1,051 | +3% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.51M | +$272K | +408 | +18% |
|
|
3
Fifth Third Bancorp
Cincinnati,
Ohio
| $456K | +$534K | +800 | New |
|
|
OMC
4
Old Mission Capital
Chicago,
Illinois
| $380K | -$19.4K | -29 | -4% |
|
|
FTUS
5
Flow Traders U.S.
New York
| $264K | -$3.55M | -5,324 | -92% |
|
|
6
Citadel Advisors
Miami,
Florida
| $214K | +$149K | +223 | +147% |
|
|
7
Jane Street
New York
| $121K | -$9.15M | -13,700 | -98% |
|
|
ACM
8
Argentus Capital Management
Dallas,
Texas
| $112K | +$132K | +197 | New |
|
9
Goldman Sachs
New York
| $111K | -$53.4K | -80 | -29% |
|
|
QC
10
QCM Cayman
Houston,
Texas
| $81K | +$95.5K | +143 | New |
|
11
Citigroup
New York
| $4K | -$6.01K | -9 | -56% |
|
|
VF
12
Virtu Financial
New York
| – | -$2.81M | -3,609 | Closed |
|
|
JT
13
Jump Trading
Chicago,
Illinois
| – | -$1.15M | -1,468 | Closed |
|
|
VKH
14
Virtu KCG Holdings
New York
| – | -$284K | -364 | Closed |
|
15
Creative Planning
Overland Park,
Kansas
| – | -$27K | -35 | Closed |
|
DGAZ Hedge Fund Activity: Q2 2015 in Review
11 of the 3,712 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 2015, worth a combined $23.8M — down 52% from $49.6M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of DGAZ and 3 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 3 added.
The largest buyer was Credit Suisse, adding an estimated $702K. The largest seller was Jane Street, cutting an estimated $9.15M.
- 11 institutional investors held VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return (DGAZ) as of Q2 2015, down from 12 in Q1 2015.
- Funds reported $23.8M of VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return stock for Q2 2015, down 52% quarter-over-quarter.
- 3 funds opened new VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return positions in Q2 2015 and 4 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 Q2 2015 was Credit Suisse, an estimated $702K added.
- The largest VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return seller in Q2 2015 was Jane Street, an estimated $9.15M sold.
Based on aggregated 13F filings for Q2 2015.