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.
10 hedge funds and large institutions have $38.7M invested in VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return in 2015 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
63% more capital invested
Capital invested by funds: $23.8M → $38.7M (+$14.9M)
9% less funds holding
Funds holding: 11 → 10 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.15M |
| 2 |
VF
Virtu Financial
New York
|
+$2.55M |
| 3 |
Jane Street
New York
|
+$2.08M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$565K |
| 5 |
Citigroup
New York
|
+$533K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.61M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$380K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$264K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$138K |
| 5 |
QC
QCM Cayman
Houston,
Texas
|
-$81K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
1
Credit Suisse
Zurich,
Switzerland
| $23.5M | -$3.61M | -6,001 | -17% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $6.16M | +$3.15M | +5,233 | +198% |
|
|
VF
3
Virtu Financial
New York
| $3.32M | +$2.55M | +4,242 | New |
|
|
4
Jane Street
New York
| $2.88M | +$2.08M | +3,467 | +1,635% |
|
|
5
UBS Group
Zurich,
Switzerland
| $735K | +$565K | +940 | New |
|
|
6
Citigroup
New York
| $699K | +$533K | +887 | +12,671% |
|
7
Fifth Third Bancorp
Cincinnati,
Ohio
| $626K | – | – | – |
|
8
Goldman Sachs
New York
| $556K | +$310K | +515 | +263% |
|
|
ACM
9
Argentus Capital Management
Dallas,
Texas
| $154K | – | – | – |
|
|
10
Citadel Advisors
Miami,
Florida
| $114K | -$138K | -229 | -61% |
|
|
OMC
11
Old Mission Capital
Chicago,
Illinois
| – | -$380K | -666 | Closed |
|
|
FTUS
12
Flow Traders U.S.
New York
| – | -$264K | -463 | Closed |
|
|
QC
13
QCM Cayman
Houston,
Texas
| – | -$81K | -143 | Closed |
|
DGAZ Hedge Fund Activity: Q3 2015 in Review
10 of the 3,582 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 2015, worth a combined $38.7M — up 63% from $23.8M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of DGAZ and 2 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 4 added.
The largest buyer was Susquehanna International Group, adding an estimated $3.15M. The largest seller was Credit Suisse, cutting an estimated $3.61M.
- 10 institutional investors held VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return (DGAZ) as of Q3 2015, down from 11 in Q2 2015.
- Funds reported $38.7M of VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return stock for Q3 2015, up 63% 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 2015 and 3 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 Q3 2015 was Susquehanna International Group, an estimated $3.15M added.
- The largest VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return seller in Q3 2015 was Credit Suisse, an estimated $3.61M sold.
Based on aggregated 13F filings for Q3 2015.