VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER
DGLD
DGLD was delisted on the 2nd of July, 2020.
4 hedge funds and large institutions have $5.15M invested in VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER in 2013 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 3 closing their positions.
28% less capital invested
Capital invested by funds: $7.11M → $5.15M (-$1.96M)
33% less funds holding
Funds holding: 6 → 4 (-2)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.79M |
| 2 |
CAM
CMT Asset Management
Chicago,
Illinois
|
+$439K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.53M |
| 2 |
VF
Virtu Financial
New York
|
-$486K |
| 3 |
Goldman Sachs
New York
|
-$465K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$192K |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$129K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
1
Virtu Financial
New York
| $2.33M | -$486K | -7,030 | -17% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.9M | +$1.79M | +25,839 | +832% |
|
|
FTUS
3
Flow Traders U.S.
New York
| $508K | -$192K | -2,783 | -26% |
|
|
CAM
4
CMT Asset Management
Chicago,
Illinois
| $417K | +$439K | +6,359 | New |
|
|
5
Jane Street
New York
| – | -$1.53M | -17,209 | Closed |
|
|
6
Goldman Sachs
New York
| – | -$465K | -5,234 | Closed |
|
|
U
7
UBS
Zurich,
Switzerland
| – | -$129K | -1,447 | Closed |
|
DGLD Hedge Fund Activity: Q3 2013 in Review
4 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER (DGLD) for Q3 2013, worth a combined $5.15M — down 28% from $7.11M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of DGLD and 1 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 1 added.
The largest buyer was Susquehanna International Group, adding an estimated $1.79M. The largest seller was Jane Street, exiting entirely with an estimated $1.53M sold.
- 4 institutional investors held VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER (DGLD) as of Q3 2013, down from 6 in Q2 2013.
- Funds reported $5.15M of VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER stock for Q3 2013, down 28% quarter-over-quarter.
- 1 fund opened new VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER positions in Q3 2013 and 3 closed out, a net change of -2 holders.
- The largest VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER buyer in Q3 2013 was Susquehanna International Group, an estimated $1.79M added.
- The largest VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER seller in Q3 2013 was Jane Street, an estimated $1.53M sold.
Based on aggregated 13F filings for Q3 2013.