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 $94.6M invested in VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return in 2017 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 6 closing their positions.
141% more capital invested
Capital invested by funds: $39.3M → $94.6M (+$55.3M)
29% less funds holding
Funds holding: 14 → 10 (-4)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$71.9M |
| 2 |
Goldman Sachs
New York
|
+$972K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$57.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$9.54M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$4.39M |
| 3 |
Jane Street
New York
|
-$2.59M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.36M |
| 5 |
TSS
Two Sigma Securities
New York
|
-$901K |
DGAZ Hedge Fund Activity: Q1 2017 in Review
10 of the 4,034 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 2017, worth a combined $94.6M — up 141% from $39.3M 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 2 added.
The largest buyer was Credit Suisse, adding an estimated $71.9M. The largest seller was Virtu Financial, exiting entirely with an estimated $9.54M sold.
- 10 institutional investors held VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return (DGAZ) as of Q1 2017, down from 14 in Q4 2016.
- Funds reported $94.6M of VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return stock for Q1 2017, up 141% 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 Q1 2017 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 Q1 2017 was Credit Suisse, an estimated $71.9M added.
- The largest VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return seller in Q1 2017 was Virtu Financial, an estimated $9.54M sold.
Based on aggregated 13F filings for Q1 2017.