VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER
DGLD
DGLD was delisted on the 2nd of July, 2020.
8 hedge funds and large institutions have $11.2M invested in VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER in 2018 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
14% more funds holding
Funds holding: 7 → 8 (+1)
26% less capital invested
Capital invested by funds: $15M → $11.2M (-$3.89M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$1.21M |
| 2 |
SG Americas Securities
New York
|
+$181K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$6.57K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.78M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$845K |
| 3 |
FIA
FNY Investment Advisers
New York
|
-$522K |
| 4 |
XS
XR Securities
Chicago,
Illinois
|
-$97.5K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$10.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
1
Credit Suisse
Zurich,
Switzerland
| $9.02M | – | – | – |
|
|
VF
2
Virtu Financial
New York
| $1.07M | +$1.21M | +22,856 | New |
|
3
IMC Chicago
Chicago,
Illinois
| $440K | +$499K | +9,417 | New |
|
|
XS
4
XR Securities
Chicago,
Illinois
| $242K | -$97.5K | -1,841 | -26% |
|
|
5
UBS Group
Zurich,
Switzerland
| $214K | -$10.4K | -196 | -4% |
|
|
6
SG Americas Securities
New York
| $160K | +$181K | +3,422 | New |
|
|
TRCT
7
Tower Research Capital (TRC)
New York
| $6K | +$6.57K | +124 | New |
|
|
8
Jane Street
New York
| – | -$1.78M | -30,726 | Closed |
|
|
FTUS
9
Flow Traders U.S.
New York
| – | -$845K | -14,559 | Closed |
|
|
FIA
10
FNY Investment Advisers
New York
| – | -$522K | -9,000 | Closed |
|
DGLD Hedge Fund Activity: Q4 2018 in Review
8 of the 4,488 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 2018, worth a combined $11.2M — down 26% from $15M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new DGLD positions and 3 closed out — a net gain of 1 holder — while 0 added to existing stakes and 2 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $1.21M. The largest seller was Jane Street, exiting entirely with an estimated $1.78M sold.
- 8 institutional investors held VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER (DGLD) as of Q4 2018, up from 7 in Q3 2018.
- Funds reported $11.2M of VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER stock for Q4 2018, down 26% quarter-over-quarter.
- 4 funds opened new VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER positions in Q4 2018 and 3 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 Q4 2018 was Virtu Financial, an estimated $1.21M added.
- The largest VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER seller in Q4 2018 was Jane Street, an estimated $1.78M sold.
Based on aggregated 13F filings for Q4 2018.