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 $11.4M invested in VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER in 2019 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 2 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
2% more capital invested
Capital invested by funds: $11.2M → $11.4M (+$237K)
13% less funds holding
Funds holding: 8 → 7 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
XS
XR Securities
Chicago,
Illinois
|
+$450K |
| 2 |
Jane Street
New York
|
+$313K |
| 3 |
VF
Virtu Financial
New York
|
+$124K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$107K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
-$440K |
| 2 |
SG Americas Securities
New York
|
-$160K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$75.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
1
Credit Suisse
Zurich,
Switzerland
| $8.93M | – | – | – |
|
|
VF
2
Virtu Financial
New York
| $1.19M | +$124K | +2,760 | +12% |
|
|
XS
3
XR Securities
Chicago,
Illinois
| $704K | +$450K | +10,034 | +194% |
|
|
4
Jane Street
New York
| $323K | +$313K | +6,985 | New |
|
|
5
UBS Group
Zurich,
Switzerland
| $135K | -$75.3K | -1,677 | -37% |
|
|
TRCT
6
Tower Research Capital (TRC)
New York
| $116K | +$107K | +2,387 | +1,925% |
|
|
7
IMC Chicago
Chicago,
Illinois
| – | -$440K | -9,417 | Closed |
|
|
8
SG Americas Securities
New York
| – | -$160K | -3,422 | Closed |
|
DGLD Hedge Fund Activity: Q1 2019 in Review
7 of the 4,620 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 2019, worth a combined $11.4M — up 2.1% from $11.2M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of DGLD and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 3 added.
The largest buyer was XR Securities, adding an estimated $450K. The largest seller was IMC Chicago, exiting entirely with an estimated $440K sold.
- 7 institutional investors held VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER (DGLD) as of Q1 2019, down from 8 in Q4 2018.
- Funds reported $11.4M of VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER stock for Q1 2019, up 2.1% quarter-over-quarter.
- 1 fund opened new VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER positions in Q1 2019 and 2 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 Q1 2019 was XR Securities, an estimated $450K added.
- The largest VelocitySharesTM 3x Inverse Gold ETN linked to the S&P GSCI Gold Index ER seller in Q1 2019 was IMC Chicago, an estimated $440K sold.
Based on aggregated 13F filings for Q1 2019.