VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER
DGLD
DGLD was delisted on the 2nd of July, 2020.
9 hedge funds and large institutions have $5.23M invested in VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 0 increasing their positions, 5 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
29% more funds holding
Funds holding: 7 → 9 (+2)
28% less capital invested
Capital invested by funds: $7.32M → $5.23M (-$2.08M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.31M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$42.1K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$38.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.41M |
| 2 |
JT
Jump Trading
Chicago,
Illinois
|
-$471K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$301K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$254K |
| 5 |
VF
Virtu Financial
New York
|
-$23.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $2.39M | +$2.31M | +54,272 | New |
|
|
CS
2
Credit Suisse
Zurich,
Switzerland
| $882K | -$3.41M | -80,000 | -80% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $680K | -$301K | -7,065 | -31% |
|
|
VF
4
Virtu Financial
New York
| $609K | -$23.8K | -558 | -4% |
|
|
FTUS
5
Flow Traders U.S.
New York
| $581K | -$254K | -5,960 | -31% |
|
|
6
Royal Bank of Canada
Toronto,
Ontario, Canada
| $44K | +$42.1K | +987 | New |
|
|
7
UBS Group
Zurich,
Switzerland
| $40K | +$38.9K | +912 | New |
|
|
TRCT
8
Tower Research Capital (TRC)
New York
| $4K | -$6.26K | -147 | -60% |
|
|
JT
9
Jump Trading
Chicago,
Illinois
| – | -$471K | -10,765 | Closed |
|
DGLD Hedge Fund Activity: Q3 2016 in Review
9 of the 3,748 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 2016, worth a combined $5.23M — down 28% from $7.32M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new DGLD positions and 1 closed out — a net gain of 2 holders — while 0 added to existing stakes and 5 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $2.31M. The largest seller was Credit Suisse, cutting an estimated $3.41M.
- 9 institutional investors held VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER (DGLD) as of Q3 2016, up from 7 in Q2 2016.
- Funds reported $5.23M of VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER stock for Q3 2016, down 28% quarter-over-quarter.
- 3 funds opened new VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER positions in Q3 2016 and 1 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 2016 was Jane Street, an estimated $2.31M added.
- The largest VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER seller in Q3 2016 was Credit Suisse, an estimated $3.41M sold.
Based on aggregated 13F filings for Q3 2016.