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 $7.26M invested in VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER in 2017 Q1 according to their latest regulatory filings, with funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 3 closing their positions.
25% more capital invested
Capital invested by funds: $5.8M → $7.26M (+$1.47M)
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
43% less funds holding
Funds holding: 7 → 4 (-3)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$5.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$1.7M |
| 2 |
Jane Street
New York
|
-$1.18M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$42K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$26.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
1
Credit Suisse
Zurich,
Switzerland
| $7.21M | +$5.4M | +100,000 | +233% |
|
2
Royal Bank of Canada
Toronto,
Ontario, Canada
| $50K | – | – | – |
|
|
3
UBS Group
Zurich,
Switzerland
| $4K | -$26.5K | -490 | -87% |
|
|
FTUS
4
Flow Traders U.S.
New York
| – | -$1.7M | -26,350 | Closed |
|
|
5
Jane Street
New York
| – | -$1.18M | -18,197 | Closed |
|
|
TRCT
6
Tower Research Capital (TRC)
New York
| – | -$42K | -657 | Closed |
|
DGLD Hedge Fund Activity: Q1 2017 in Review
4 of the 4,017 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 2017, worth a combined $7.26M — up 25% from $5.8M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of DGLD and 0 opened new positions — a net loss of 3 holders — while 1 trimmed existing stakes and 1 added.
The largest buyer was Credit Suisse, adding an estimated $5.4M. The largest seller was Flow Traders U.S., exiting entirely with an estimated $1.7M sold.
- 4 institutional investors held VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER (DGLD) as of Q1 2017, down from 7 in Q4 2016.
- Funds reported $7.26M of VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER stock for Q1 2017, up 25% quarter-over-quarter.
- 0 funds opened new VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER positions in Q1 2017 and 3 closed out, a net change of -3 holders.
- The largest VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER buyer in Q1 2017 was Credit Suisse, an estimated $5.4M added.
- The largest VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER seller in Q1 2017 was Flow Traders U.S., an estimated $1.7M sold.
Based on aggregated 13F filings for Q1 2017.