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.
15 hedge funds and large institutions have $224M invested in VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return in 2018 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 0 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
7% more funds holding
Funds holding: 14 → 15 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $237M → $224M (-$12.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$22.8M |
| 2 |
VF
Virtu Financial
New York
|
+$10.2M |
| 3 |
XS
XR Securities
Chicago,
Illinois
|
+$5.85M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$5.72M |
| 5 |
Goldman Sachs
New York
|
+$2.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$11.1M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.05M |
| 3 |
BCM
Blume Capital Management
Berkeley,
California
|
-$5K |
DGAZ Hedge Fund Activity: Q3 2018 in Review
15 of the 4,374 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 2018, worth a combined $224M — down 5.3% from $237M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new DGAZ positions and 3 closed out — a net gain of 1 holder — while 7 added to existing stakes and 0 trimmed.
The largest buyer was Jane Street, adding an estimated $22.8M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $11.1M sold.
- 15 institutional investors held VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return (DGAZ) as of Q3 2018, up from 14 in Q2 2018.
- Funds reported $224M of VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return stock for Q3 2018, down 5.3% 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 Q3 2018 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 2018 was Jane Street, an estimated $22.8M added.
- The largest VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return seller in Q3 2018 was Susquehanna International Group, an estimated $11.1M sold.
Based on aggregated 13F filings for Q3 2018.