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 $5.8M invested in VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER in 2016 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 2 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
11% more capital invested
Capital invested by funds: $5.23M → $5.8M (+$564K)
22% less funds holding
Funds holding: 9 → 7 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.28M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$735K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$31.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.01M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$680K |
| 3 |
VF
Virtu Financial
New York
|
-$609K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$19.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
1
Credit Suisse
Zurich,
Switzerland
| $2.78M | +$1.28M | +23,000 | +115% |
|
|
FTUS
2
Flow Traders U.S.
New York
| $1.7M | +$735K | +13,176 | +100% |
|
|
3
Jane Street
New York
| $1.18M | -$2.01M | -36,075 | -66% |
|
4
Royal Bank of Canada
Toronto,
Ontario, Canada
| $64K | – | – | – |
|
|
TRCT
5
Tower Research Capital (TRC)
New York
| $42K | +$31.1K | +557 | +557% |
|
|
6
UBS Group
Zurich,
Switzerland
| $36K | -$19.4K | -348 | -38% |
|
|
7
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$680K | -15,428 | Closed |
|
|
VF
8
Virtu Financial
New York
| – | -$609K | -13,810 | Closed |
|
DGLD Hedge Fund Activity: Q4 2016 in Review
7 of the 4,000 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 Q4 2016, worth a combined $5.8M — up 11% from $5.23M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of DGLD and 0 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 3 added.
The largest buyer was Credit Suisse, adding an estimated $1.28M. The largest seller was Jane Street, cutting an estimated $2.01M.
- 7 institutional investors held VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER (DGLD) as of Q4 2016, down from 9 in Q3 2016.
- Funds reported $5.8M of VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER stock for Q4 2016, up 11% quarter-over-quarter.
- 0 funds opened new VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER positions in Q4 2016 and 2 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 Q4 2016 was Credit Suisse, an estimated $1.28M added.
- The largest VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER seller in Q4 2016 was Jane Street, an estimated $2.01M sold.
Based on aggregated 13F filings for Q4 2016.