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.
14 hedge funds and large institutions have $237M invested in VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return in 2018 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
40% more funds holding
Funds holding: 10 → 14 (+4)
4% less capital invested
Capital invested by funds: $247M → $237M (-$9.99M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$15.7M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$12.4M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$6.34M |
| 4 |
XS
XR Securities
Chicago,
Illinois
|
+$3.72M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$777K |
| 2 |
VF
Virtu Financial
New York
|
-$403K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
1
Credit Suisse
Zurich,
Switzerland
| $184M | – | – | – |
|
|
2
Jane Street
New York
| $15.3M | +$15.7M | +31,038 | +1,141% |
|
3
BNP Paribas Financial Markets
Paris,
France
| $11.3M | – | – | – |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $11.1M | +$12.4M | +24,583 | New |
|
|
FTUS
5
Flow Traders U.S.
New York
| $5.67M | +$6.34M | +12,532 | New |
|
|
XS
6
XR Securities
Chicago,
Illinois
| $3.32M | +$3.72M | +7,346 | New |
|
|
7
Royal Bank of Canada
Toronto,
Ontario, Canada
| $3.05M | +$1.74M | +3,439 | +104% |
|
|
HF
8
HRT Financial
New York
| $1.92M | +$654K | +1,293 | +44% |
|
|
BBHC
9
Brown Brothers Harriman & Co
New York
| $791K | – | – | – |
|
|
SWM
10
SeaCrest Wealth Management
Purchase,
New York
| $402K | +$450K | +890 | New |
|
|
VF
11
Virtu Financial
New York
| $395K | -$403K | -797 | -48% |
|
12
UBS Group
Zurich,
Switzerland
| $26K | +$10.1K | +20 | +54% |
|
|
BCM
13
Blume Capital Management
Berkeley,
California
| $5K | +$5.57K | +11 | New |
|
|
14
Citadel Advisors
Miami,
Florida
| – | -$777K | -1,401 | Closed |
|
DGAZ Hedge Fund Activity: Q2 2018 in Review
14 of the 4,368 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 2018, worth a combined $237M — down 4% from $247M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new DGAZ positions and 1 closed out — a net gain of 4 holders — while 4 added to existing stakes and 1 trimmed.
The largest buyer was Jane Street, adding an estimated $15.7M. The largest seller was Citadel Advisors, exiting entirely with an estimated $777K sold.
- 14 institutional investors held VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return (DGAZ) as of Q2 2018, up from 10 in Q1 2018.
- Funds reported $237M of VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return stock for Q2 2018, down 4% quarter-over-quarter.
- 5 funds opened new VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return positions in Q2 2018 and 1 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 Q2 2018 was Jane Street, an estimated $15.7M added.
- The largest VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return seller in Q2 2018 was Citadel Advisors, an estimated $777K sold.
Based on aggregated 13F filings for Q2 2018.