VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER
DGLD
DGLD was delisted on the 2nd of July, 2020.
7 hedge funds and large institutions have $1.91M invested in VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER in 2016 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 2 closing their positions.
13% less funds holding
Funds holding: 8 → 7 (-1)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
53% less capital invested
Capital invested by funds: $4.1M → $1.91M (-$2.19M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JT
Jump Trading
Chicago,
Illinois
|
+$1.09M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$152K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$19.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$1.28M |
| 2 |
Jane Street
New York
|
-$491K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$480K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$19.7K |
| 5 |
Citigroup
New York
|
-$12K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JT
1
Jump Trading
Chicago,
Illinois
| $923K | +$1.09M | +16,276 | New |
|
|
2
Jane Street
New York
| $384K | -$491K | -7,316 | -52% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $361K | -$480K | -7,152 | -53% |
|
|
FTUS
4
Flow Traders U.S.
New York
| $195K | +$152K | +2,263 | +192% |
|
|
TRCT
5
Tower Research Capital (TRC)
New York
| $41K | +$19.9K | +297 | +71% |
|
|
6
UBS Group
Zurich,
Switzerland
| $6K | -$19.7K | -294 | -74% |
|
|
VF
7
Virtu Financial
New York
| – | -$1.28M | -13,539 | Closed |
|
|
8
Citigroup
New York
| – | -$12K | -129 | Closed |
|
DGLD Hedge Fund Activity: Q1 2016 in Review
7 of the 3,753 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 Q1 2016, worth a combined $1.91M — down 53% from $4.1M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of DGLD and 1 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 2 added.
The largest buyer was Jump Trading, opening a new position worth an estimated $1.09M. The largest seller was Virtu Financial, exiting entirely with an estimated $1.28M sold.
- 7 institutional investors held VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER (DGLD) as of Q1 2016, down from 8 in Q4 2015.
- Funds reported $1.91M of VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER stock for Q1 2016, down 53% quarter-over-quarter.
- 1 fund opened new VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER positions in Q1 2016 and 2 closed out, a net change of -1 holder.
- The largest VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER buyer in Q1 2016 was Jump Trading, an estimated $1.09M added.
- The largest VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER seller in Q1 2016 was Virtu Financial, an estimated $1.28M sold.
Based on aggregated 13F filings for Q1 2016.