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.
17 hedge funds and large institutions have $209M invested in VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return in 2019 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 5 closing their positions.
3% more capital invested
Capital invested by funds: $203M → $209M (+$5.97M)
15% less funds holding
Funds holding: 20 → 17 (-3)
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
GMT Capital
Atlanta,
Georgia
|
+$3.34M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$225K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$213K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$17.5K |
| 5 |
HNB
Huntington National Bank
Columbus,
Ohio
|
+$133 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$32.2M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$12.4M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$10.6M |
| 4 |
VF
Virtu Financial
New York
|
-$7.08M |
| 5 |
HF
HRT Financial
New York
|
-$4.08M |
DGAZ Hedge Fund Activity: Q2 2019 in Review
17 of the 4,625 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 2019, worth a combined $209M — up 2.9% from $203M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of DGAZ and 2 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 3 added.
The largest buyer was GMT Capital, opening a new position worth an estimated $3.34M. The largest seller was Jane Street, exiting entirely with an estimated $32.2M sold.
- 17 institutional investors held VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return (DGAZ) as of Q2 2019, down from 20 in Q1 2019.
- Funds reported $209M of VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return stock for Q2 2019, up 2.9% 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 Q2 2019 and 5 closed out, a net change of -3 holders.
- The largest VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return buyer in Q2 2019 was GMT Capital, an estimated $3.34M added.
- The largest VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return seller in Q2 2019 was Jane Street, an estimated $32.2M sold.
Based on aggregated 13F filings for Q2 2019.