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)
4.77% less ownership
Funds ownership: 60.25% → 55.48% (-4.8%)
42% less capital inflows, than outflows
Capital inflows: $1.9M | Capital outflows: $3.26M
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Virtu Financial
New York
|
+$1.21M |
| 2 |
SG Americas Securities
New York
|
+$181K |
| 3 |
Tower Research Capital (TRC)
New York
|
+$6.57K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.78M |
| 2 |
Flow Traders U.S.
New York
|
-$845K |
| 3 |
FNY Investment Advisers
New York
|
-$522K |
| 4 |
XS
XR Securities
Chicago,
Illinois
|
-$97.5K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$10.4K |
DGLD Hedge Fund Activity: Q4 2018 in Review
8 of the 4,506 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.