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.
16 hedge funds and large institutions have $269M invested in VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return in 2019 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 3 closing their positions.
21% more capital invested
Capital invested by funds: $222M → $269M (+$46.1M)
0% more funds holding
Funds holding: 16 → 16 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.9M |
| 2 |
XS
XR Securities
Chicago,
Illinois
|
+$859K |
| 3 |
IMC Chicago
Chicago,
Illinois
|
+$612K |
| 4 |
Renaissance Technologies
New York
|
+$348K |
| 5 |
HF
HRT Financial
New York
|
+$293K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
-$13.9M |
| 2 |
Jane Street
New York
|
-$7.87M |
| 3 |
VF
Virtu Financial
New York
|
-$3.15M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$2.66M |
| 5 |
SG Americas Securities
New York
|
-$1.33M |
DGAZ Hedge Fund Activity: Q4 2019 in Review
16 of the 5,092 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 Q4 2019, worth a combined $269M — up 21% from $222M a quarter earlier.
Fund positioning in DGAZ was balanced in Q4 2019: 3 funds opened new positions, 3 closed out, 3 added to existing stakes and 6 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $1.9M. The largest seller was Wolverine Trading, cutting an estimated $13.9M.
- 16 institutional investors held VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return (DGAZ) as of Q4 2019, unchanged from Q3 2019.
- Funds reported $269M of VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return stock for Q4 2019, up 21% quarter-over-quarter.
- 3 funds opened new VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return positions in Q4 2019 and 3 closed out, a net change of 0 holders.
- The largest VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return buyer in Q4 2019 was Citadel Advisors, an estimated $1.9M added.
- The largest VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return seller in Q4 2019 was Wolverine Trading, an estimated $13.9M sold.
Based on aggregated 13F filings for Q4 2019.